As of Friday close, Blue Owl Capital Inc.’s (NYSE:OWL) stock was down -$0.04, moving down -0.32 percent to $12.27. The average number of shares traded per day over the past five days has been 3,523,160 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.11 fall in that time frame. In the last twenty days, the average volume was 2,932,560, while in the previous 50 days, it was 3,455,118.
Since last month, OWL stock rose 10.64%. Shares of the company fell to $10.85 on 07/06/23, the lowest level in the past month. A 52-week high of $14.04 was reached on 02/15/23 after having rallying from a 52-week low of $8.06. Since the beginning of this year, OWL’s stock price has risen by 15.75% or $1.67, and marked a new high 13 times. However, the stock has declined by -12.61% since its 52-week high.
OWL stock investors should be aware that Blue Owl Capital Inc. (OWL) stock had its last reported insider trading activity 346 days ago on Aug 24. Blue Pool Capital Ltd, the 10% Owner of the company, disposed of 119,000 shares for $12.15 on Aug 24. It resulted in a $1,445,850 divestment by the insider. Blue Pool Capital Ltd sold 165,000 shares at an average price of $12.00 on Aug 23. The insider now owns 43,515,043 shares following the transaction. On Aug 22, 10% Owner Blue Pool Capital Ltd sold 254,000 shares at $11.77 apiece. The transaction was valued at $2,989,580.
Valuation Metrics
Right now, Blue Owl Capital Inc. (OWL) has a P/E ratio of about 511.25. The stock’s beta is 1.30. Besides these, the trailing price-to-sales (P/S) ratio of 11.38, the price-to-book (PB) ratio of 3.53, and the price-to-cash flow ratio of 33.54 may also be considered.
The latest dividend of $0.14 per share was paid out, remained unchanged from last year’s $0.14. On Thursday May 4 2023, a $0.01 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.11, and the total debt-to-equity ratio was 1.11. In the year ended June 29, EBITDA margin amounted to 20.62%, whereas operating margins totaled 5.80%. Based on annual data, OWL earned $1.37 billion in gross profit and brought in $1.37 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 0.20%. Return on equity (ROE) for the past 12 months was 0.70%.
In Blue Owl Capital Inc.’s quarter-end financial report for June 29, it reported total debt of $1.77 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. OWL’s revenue rose 29.53% to $395.97 million during the quarter, while net income inched up to $391.6 million. While analysts expected Blue Owl Capital Inc. to report $0.16 quarterly earnings, the actual figure was $0.16 per share. During the quarter, the company generated $140.27 million in EBITDA. The liabilities of Blue Owl Capital Inc. were 3.29 billion at the end of its most recent quarter ended June 29, and its total debt was $2.03 billion. The value of shareholders’ equity is $1.41 billion.
Technical Picture
This quick technical analysis looks at Blue Owl Capital Inc.’s (OWL) price momentum. With a historical volatility rate of 18.67%, the RSI 9-day stood at 59.06% on 04 August.
With respect to its five-day moving average, the current Blue Owl Capital Inc. price is down by -0.89% percent or -$0.11. At present, OWL shares trade +8.39% above its 20-day simple moving average and +21.13% percent above its 100-day simple moving average. However, the stock is currently trading approximately +21.13% above its SMA50 and +33.66% above its SMA200.
Stochastic coefficient K was 73.38% and Stochastic coefficient D was 75.40%, while ATR was 0.32. Given the Stochastic reading of 66.49% for the 14-day period, the RSI (14) reading has been calculated as 60.83%. As of today, the MACD Oscillator reading stands at -0.01, while the 14-day reading stands at 0.03.
Analyst Ratings
Citigroup launched its rating on Blue Owl Capital Inc. (NYSE: OWL) to a Buy in a note to investors on May 19, 2023. Blue Owl Capital Inc. (OWL) has been rated Buy by analysts. According to 0 brokerage firms, OWL is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Blue Owl Capital Inc. stock as buy, with 10 recommending it as overweight.
With a median target price of $14.50, the current consensus forecast for the stock is $13.00 – $18.00. Based on these forecasts, analysts predict Blue Owl Capital Inc. (OWL) will achieve an average price target of $14.92.
