Blue Owl Capital Inc. (NYSE:OWL) saw a downside of -1.71% to close Tuesday at $10.90 after subtracting -$0.19 on the day. The 5-day average trading volume is 2,910,640 shares of the company’s common stock. It has gained $11.38 in the past week and touched a new high 1 time within the past 5 days. An average of 3,041,615 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,205,684.
OWL’s 1-month performance is -11.74% or -$1.26 on its low of $10.64 reached on 08/18/23. The company’s shares have touched a 52-week low of $8.06 and high of $14.04, with the stock’s rally to the 52-week high happening on 02/15/23. YTD, OWL has achieved 2.83% or $0.30 and has reached a new high 13 times. However, the current price is down -22.36% from the 52-week high price.
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Insider Transactions
OWL stock investors last saw insider trading activity on Aug 24.Blue Pool Capital Ltd (10% Owner) most recently sold 119,000 shares at $12.15 per share on Aug 24. This transaction cost the insider $1,445,850. 10% Owner, Blue Pool Capital Ltd, sold 165,000 shares at a price of $12.00 on Aug 23.
Valuation Metrics
OWL stock has a beta of 1.34. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 9.52 while the price-to-book (PB) in the most recent quarter is 3.19, with the price to cash flow ratio at 19.02.
As well, the company’s long term debt to equity for the quarter ending June 30 was 1.12, while the total debt to equity was 1.12. The trailing 12-month EBITDA margin is 20.62% while for the period ending June 30, Blue Owl Capital Inc.’s operating margin was 8.80%. The firm’s gross profit as reported stood at $1.37 billion against revenue of $1.37 billion.
Earnings Surprise
For the quarterly period ending June 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 108.79% to $12.86 million, while revenue of $8.32 million was 35.3% off the previous quarter. Analysts expected OWL to announce $0.16 per share in earnings in its latest quarter, but it posted $0.16, representing a 0.00% surprise. EBITDA for the quarter stood at more than $160.9 million. OWL stock balance sheet for the quarter ending June 30 shows that total liabilities totaled 3.38 billion, with total debt at $2.06 billion. Shareholders hold equity totaling $1.41 billion.
Let’s look briefly at Blue Owl Capital Inc. (OWL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 26.33% to suggest the stock is trending oversold, with historical volatility in this time period at 24.96%.
The stock’s 5-day moving average is $11.04, reflecting a -3.96% or -$0.45 change from its current price. OWL is currently trading -12.03% above its 20-day SMA, -1.54% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -2.77% and SMA200 by+11.79%.
Stochastic %K and %D was 21.57% and 16.87% and the average true range (ATR) pointed at 0.34. The RSI (14) points at 32.66%, while the 14-day stochastic is at 13.79% with the period’s ATR at 0.34. The stock’s 9-day MACD Oscillator is pointing at -0.26 and -0.55 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Blue Owl Capital Inc. (NYSE: OWL), Citigroup launched coverage with a Buy rating. Analysts offering their rating for OWL stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate OWL as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 10 have offered a “buy” rating.
