The stock of Blue Owl Capital Inc. (NYSE:OWL) increased by $0.1 on Wednesday to $12.80, up 0.75 percent. The last five days have seen an average of 7,585,684 shares of common stock traded. 13 times new highs were reached in the current year, with a gain of $2.22. The average number of shares traded over the last 20 days was 3,552,181, while the average volume over the last 50 days totaled 3,176,212.
OWL stock appreciated 15.37% since last month. On 08/22/23, the company’s shares reached a one-month low of $10.84. The stock touched a high of $14.04 on 02/15/23, after rallying from a low of $8.06 in 52 weeks. The price of OWL stock has risen by 20.71% or $2.22 this year, reaching a new high 13 times. Still, the stock price is down -8.87% from the 52-week high.
Valuation Metrics
Blue Owl Capital Inc. (OWL) has a trailing price-to-earnings (P/E) ratio of 236.94. Beta for the stock is 1.29. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 10.66, the price-to-book (PB) ratio of 3.74, and the price-to-cash flow ratio of 21.30.
Company paid $0.14 per share in dividends, remained unchanged from $0.14 last year. A $0.01 dividend increase was reported on Thursday May 4 2023.
Financial Health
The company’s long-term debt to equity ratio for the quarter ending June 30 is 1.12, and the total debt to equity ratio is 1.12. Blue Owl Capital Inc.’s EBITDA margin for the year ended June 30 was 20.62%, whereas its operating margin stood at 8.80% for the same period. Based on annual data, it had gross profit of $1.37 billion and revenue of $1.37 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. OWL’s return on assets (ROA) during the last 12 months has been 0.30%. There was a 0.20% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 1.50%.
Earnings Surprise
According to Blue Owl Capital Inc.’s quarterly financial report for the quarter that ended June 30. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $419.97 million, while revenues rose by 22.08% to $391.6 million. It was predicted that Blue Owl Capital Inc.’s quarterly earnings would be $0.16, but it ended up being $0.16. EBITDA was $160.9 million for the quarter. At the end of Blue Owl Capital Inc.’s most recent quarter ended June 30, its liabilities totaled 3.38 billion, while its total debt was $2.06 billion. Equity owned by shareholders amounts to $1.41 billion.
Technical Picture
Here’s a quick look at Blue Owl Capital Inc.’s (OWL) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 71.82%, suggesting the stock is Overbought, with a 36.44% historical volatility rate.
The stochastic %K and %D were 85.14% and 86.48% respectively, while the average true range (ATR) was 0.33. Based on the 14-day stochastic reading of 86.82%, the RSI (14) reading is 67.80%. On the 9-day MACD Oscillator, the stock is at 0.38, and the 14-day reading is at 0.57.
Analyst Ratings
In its analyst report released on May 19, 2023, Citigroup began covering Blue Owl Capital Inc. (NYSE: OWL). The stock was rated as a Buy by the brokerage firm. Analysts have assigned Blue Owl Capital Inc. (OWL) an Buy rating. OWL is a stock that is recommended for selling by 0 brokerage firms, while 2 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 10 others recommend it as a buy.
What is OWL’s price target for the next 12 months?
The current consensus forecast for the stock is between $13.00 and $18.00, with a median target price of $14.50. In analyzing these forecasts, the average price target given by analysts for Blue Owl Capital Inc. (OWL) is $15.00.
