Blue Owl Capital Corp (OBDC) Stock: A Closer Look at the Market Potential

The price-to-earnings ratio for Blue Owl Capital Corp (NYSE: OBDC) is above average at 9.55x, Company’s 36-month beta value is 0.89.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 3 as “hold,” and 1 as “sell.”

The public float for OBDC is 363.68M, and currently, short sellers hold a 1.13% ratio of that floaft. The average trading volume of OBDC on December 11, 2024 was 1.73M shares.

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OBDC) stock’s latest price update

Blue Owl Capital Corp (NYSE: OBDC)’s stock price has increased by 0.39 compared to its previous closing price of 15.35. zacks.com reported 2024-12-09 that Blue Owl Capital Corporation (OBDC) reported earnings 30 days ago. What’s next for the stock?

OBDC’s Market Performance

Blue Owl Capital Corp (OBDC) has experienced a 0.00% fall in stock performance for the past week, with a 4.61% rise in the past month, and a 5.54% rise in the past quarter. The volatility ratio for the week is 1.02%, and the volatility levels for the past 30 days are at 1.08% for OBDC. The simple moving average for the last 20 days is 1.99% for OBDC stock, with a simple moving average of 1.12% 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 2.91% 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 -8.20% of loss for the given period.

Volatility was left at 1.08%, however, over the last 30 days, the volatility rate increased by 1.02%, as shares surge +3.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.77% upper at present.

During the last 5 trading sessions, OBDC remain unchanged, which changed the moving average for the period of 200-days by +2.32% in comparison to the 20-day moving average, which settled at $15.14. In addition, Blue Owl Capital Corp saw 6.05% 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 DAlelio Edward H, who purchase 2,500 shares at the price of $15.02 back on Aug 27 ’24. After this action, DAlelio Edward H now owns 9,016 shares of Blue Owl Capital Corp, valued at $37,550 using the latest closing price.

Nicholson Logan, the President of Blue Owl Capital Corp, purchase 7,500 shares at $14.66 during a trade that took place back on Aug 21 ’24, which means that Nicholson Logan is holding 10,000 shares at $109,950 based on the most recent closing price.

Stock Fundamentals for OBDC

Current profitability levels for the company are sitting at:

  • 0.65 for the present operating margin
  • 0.81 for the gross margin

The net margin for Blue Owl Capital Corp stands at 0.5. The total capital return value is set at 0.06. Equity return is now at value 10.52, with 4.57 for asset returns.

When we switch over and look at the enterprise to sales, we see a ratio of 4.41. The receivables turnover for the company is 11.27for trailing twelve months and the total asset turnover is 0.1.

Conclusion

In a nutshell, Blue Owl Capital Corp (OBDC) 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.

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