The price-to-earnings ratio for Blue Owl Capital Corp (NYSE: OBDC) is 8.36x, which is above its average ratio. Moreover, the 36-month beta value for OBDC is 0.92. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 4 as “overweight,” 2 as “hold,” and 1 as “sell.”
The public float for OBDC is 362.89M and currently, short sellers hold a 1.84% of that float. On August 27, 2024, OBDC’s average trading volume was 2.07M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
OBDC) stock’s latest price update
Blue Owl Capital Corp (NYSE: OBDC)’s stock price has plunge by 0.74relation to previous closing price of 14.91. Nevertheless, the company has seen a 3.30% surge in its stock price over the last five trading sessions. 247wallst.com reported 2024-08-23 that 24/7 Wall Street Insights The current high interest environment has fueled the growth of the private credit market from $875 billion to over $1 trillion in a short time, with a projected $2.8 trillion market by 2027-28.
OBDC’s Market Performance
Blue Owl Capital Corp (OBDC) has experienced a 3.30% rise in stock performance for the past week, with a -3.03% drop in the past month, and a -9.25% drop in the past quarter. The volatility ratio for the week is 0.95%, and the volatility levels for the past 30 days are at 1.87% for OBDC. The simple moving average for the last 20 days is 1.67% for OBDC stock, with a simple moving average of -1.35% for the last 200 days.
Analysts’ Opinion of OBDC
Hovde Group, on the other hand, stated in their research note that they expect to see OBDC reach a price target of $17, previously predicting the price at $16. The rating they have provided for OBDC stocks is “Outperform” according to the report published on May 10th, 2024.
B. Riley Securities gave a rating of “Neutral” to OBDC, setting the target price at $15.50 in the report published on January 08th of the current year.
OBDC Trading at -1.52% from the 50-Day Moving Average
After a stumble in the market that brought OBDC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.18% of loss for the given period.
Volatility was left at 1.87%, however, over the last 30 days, the volatility rate increased by 0.95%, as shares sank -2.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.18% lower at present.
During the last 5 trading sessions, OBDC rose by +3.30%, which changed the moving average for the period of 200-days by +8.14% in comparison to the 20-day moving average, which settled at $14.75. In addition, Blue Owl Capital Corp saw 2.61% 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 OBDC starting from Nicholson Logan, who purchase 7,500 shares at the price of $14.66 back on Aug 21 ’24. After this action, Nicholson Logan now owns 10,000 shares of Blue Owl Capital Corp, valued at $109,950 using the latest closing price.
Nicholson Logan, the President of Blue Owl Capital Corp, purchase 2,500 shares at $14.66 during a trade that took place back on Aug 21 ’24, which means that Nicholson Logan is holding 2,500 shares at $36,650 based on the most recent closing price.
Stock Fundamentals for OBDC
Current profitability levels for the company are sitting at:
- 0.77 for the present operating margin
- 0.71 for the gross margin
The net margin for Blue Owl Capital Corp stands at 0.57. The total capital return value is set at 0.07. Equity return is now at value 11.73, with 5.14 for asset returns.
Based on Blue Owl Capital Corp (OBDC), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 1.24. The interest coverage ratio of the stock is 2.2.
Currently, EBITDA for the company is 810.68 million with net debt to EBITDA at 7.46. When we switch over and look at the enterprise to sales, we see a ratio of 10.55. The receivables turnover for the company is 8.75for trailing twelve months and the total asset turnover is 0.09.
Conclusion
To wrap up, the performance of Blue Owl Capital Corp (OBDC) has been mixed in recent times. The stock has received a bullish 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.
