The stock of Blue Owl Capital Inc (NYSE: OWL) has decreased by -0.88 when compared to last closing price of 18.11.Despite this, the company has seen a loss of -4.47% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-01 that Blue Owl Capital (OWL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Is It Worth Investing in Blue Owl Capital Inc (NYSE: OWL) Right Now?
The price-to-earnings ratio for Blue Owl Capital Inc (NYSE: OWL) is 121.53x, which is above its average ratio. Moreover, the 36-month beta value for OWL is 1.24. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for OWL is 456.91M and currently, short sellers hold a 4.10% of that float. On May 06, 2024, OWL’s average trading volume was 4.56M shares.
OWL’s Market Performance
OWL’s stock has seen a -4.47% decrease for the week, with a -5.72% drop in the past month and a 12.89% gain in the past quarter. The volatility ratio for the week is 4.14%, and the volatility levels for the past 30 days are at 2.91% for Blue Owl Capital Inc. The simple moving average for the past 20 days is -3.99% for OWL’s stock, with a 21.93% simple moving average for the past 200 days.
Analysts’ Opinion of OWL
Many brokerage firms have already submitted their reports for OWL stocks, with UBS repeating the rating for OWL by listing it as a “Buy.” The predicted price for OWL in the upcoming period, according to UBS is $22 based on the research report published on April 02, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see OWL reach a price target of $17. The rating they have provided for OWL stocks is “Outperform” according to the report published on January 04th, 2024.
Piper Sandler gave a rating of “Overweight” to OWL, setting the target price at $18 in the report published on December 20th of the previous year.
OWL Trading at -1.99% from the 50-Day Moving Average
After a stumble in the market that brought OWL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.66% of loss for the given period.
Volatility was left at 2.91%, however, over the last 30 days, the volatility rate increased by 4.14%, as shares sank -6.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading unchanged at present.
During the last 5 trading sessions, OWL fell by -4.47%, which changed the moving average for the period of 200-days by +46.53% in comparison to the 20-day moving average, which settled at $18.63. In addition, Blue Owl Capital Inc saw 20.47% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OWL starting from Glide Path Solutions 2020, L.P, who sale 4,500,000 shares at the price of $15.81 back on Jan 29 ’24. After this action, Glide Path Solutions 2020, L.P now owns 0 shares of Blue Owl Capital Inc, valued at $71,167,500 using the latest closing price.
Glide Path Solutions 2020, L.P, the 10% Owner of Blue Owl Capital Inc, sale 2,000,000 shares at $15.81 during a trade that took place back on Jan 29 ’24, which means that Glide Path Solutions 2020, L.P is holding 0 shares at $31,630,000 based on the most recent closing price.
Stock Fundamentals for OWL
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.56 for the gross margin
The net margin for Blue Owl Capital Inc stands at 0.11. The total capital return value is set at 0.05. Equity return is now at value 4.40, with 0.80 for asset returns.
Based on Blue Owl Capital Inc (OWL), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 2.62. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is 35.89.
Currently, EBITDA for the company is 641.69 million with net debt to EBITDA at 0.3. When we switch over and look at the enterprise to sales, we see a ratio of 13.8. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.75.
Conclusion
To wrap up, the performance of Blue Owl Capital Inc (OWL) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
