Blue Owl Capital Inc (NYSE: OWL)’s stock price has soared by 1.71 in relation to previous closing price of 23.45. Nevertheless, the company has seen a gain of 11.45% in its stock price over the last five trading days. prnewswire.com reported 2024-10-18 that NEW YORK, Oct. 17, 2024 /PRNewswire/ — Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or “the Company”), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces it served as strategic advisor to Blue Owl Capital, Inc. (“Blue Owl”), Primary Digital Infrastructure and Crusoe Energy Systems LLC (“Crusoe”) in a $3.4 billion joint venture (“JV”) to fund a purpose-built data center at the Lancium Clean Campus in Abilene, Texas. Newmark’s Co-President of Global Debt & Structured Finance Jordan Roeschlaub, Head of Data Center Capital Markets Brent Mayo, Co-Head of Strategic Advisory Andrew Warin and Director of Strategic Advisory Chase Tagen acted as the advisors for the JV.
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 above average at 130.61x, Company’s 36-month beta value is 1.18.Analysts have differing opinions on the stock, with 6 analysts rating it as a “buy,” 3 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The public float for OWL is 549.18M, and currently, short sellers hold a 8.25% ratio of that floaft. The average trading volume of OWL on October 21, 2024 was 5.48M shares.
OWL’s Market Performance
OWL stock saw an increase of 11.45% in the past week, with a monthly gain of 26.59% and a quarterly increase of 20.27%. The volatility ratio for the week is 3.29%, and the volatility levels for the last 30 days are 2.80% for Blue Owl Capital Inc (OWL).. The simple moving average for the past 20 days is 15.72% for OWL’s stock, with a 32.92% simple moving average for the past 200 days.
Analysts’ Opinion of OWL
Many brokerage firms have already submitted their reports for OWL stocks, with Wells Fargo repeating the rating for OWL by listing it as a “Equal Weight.” The predicted price for OWL in the upcoming period, according to Wells Fargo is $18.50 based on the research report published on September 12, 2024 of the current year 2024.
Oppenheimer, on the other hand, stated in their research note that they expect to see OWL reach a price target of $21. The rating they have provided for OWL stocks is “Outperform” according to the report published on August 02nd, 2024.
TD Cowen gave a rating of “Hold” to OWL, setting the target price at $19 in the report published on July 08th of the current year.
OWL Trading at 27.46% 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 able to rebound, for now settling with 1.19% of gains for the given period.
Volatility was left at 2.80%, however, over the last 30 days, the volatility rate increased by 3.29%, as shares surge +27.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +41.21% upper at present.
During the last 5 trading sessions, OWL rose by +11.45%, which changed the moving average for the period of 200-days by +62.69% in comparison to the 20-day moving average, which settled at $20.61. In addition, Blue Owl Capital Inc saw 60.07% 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 Blue Owl Exchange LP, who proposed sale 1,838,539 shares at the price of $17.64 back on Sep 04 ’24. After this action, Blue Owl Exchange LP now owns shares of Blue Owl Capital Inc, valued at $32,431,828 using the latest closing price.
NBSH Blue Investments II, LLC, the 10% Owner of Blue Owl Capital Inc, proposed sale 4,085,924 shares at $16.86 during a trade that took place back on Sep 03 ’24, which means that NBSH Blue Investments II, LLC is holding shares at $68,888,679 based on the most recent closing price.
Stock Fundamentals for OWL
Current profitability levels for the company are sitting at:
- 0.28 for the present operating margin
- 0.77 for the gross margin
The net margin for Blue Owl Capital Inc stands at 0.07. The total capital return value is set at 0.06. Equity return is now at value 5.56, with 1.00 for asset returns.
Based on Blue Owl Capital Inc (OWL), the company’s capital structure generated 0.62 points at debt to capital in total, while cash flow to debt ratio is standing at 0.33. The debt to equity ratio resting at 1.61. The interest coverage ratio of the stock is 7.39.
Currently, EBITDA for the company is 641.69 million with net debt to EBITDA at 3.21. When we switch over and look at the enterprise to sales, we see a ratio of 18.76. The receivables turnover for the company is 4.56for trailing twelve months and the total asset turnover is 0.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.33.
Conclusion
In a nutshell, Blue Owl Capital Inc (OWL) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
