Blue Owl Capital Inc (OWL) concluded trading on Tuesday at a closing price of $17.72, with 6.53 million shares of worth about $115.7 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 23.74% during that period and on June 18, 2024 the price saw a gain of about 2.13%. Currently the company’s common shares owned by public are about 500.88M shares, out of which, 494.46M shares are available for trading.
Stock saw a price change of 1.78% in past 5 days and over the past one month there was a price change of -6.74%. Year-to-date (YTD), OWL shares are showing a performance of 18.93% which increased to 53.42% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.64 but also hit the highest price of $19.87 during that period. The average intraday trading volume for Blue Owl Capital Inc shares is 5.35 million. The stock is currently trading -1.80% below its 20-day simple moving average (SMA20), while that difference is down -3.60% for SMA50 and it goes to 12.74% higher than SMA200.
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Blue Owl Capital Inc (NYSE: OWL) currently have 500.88M outstanding shares and institutions hold larger chunk of about 87.74% of that.
The stock has a current market capitalization of $8.88B and its 3Y-monthly beta is at 1.17. PE ratio of stock for trailing 12 months is 119.97, while it has posted earnings per share of $0.15 in the same period. Its PEG reads 5.99 and has Quick Ratio of 1.75 while making debt-to-equity ratio of 1.46. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for OWL, volatility over the week remained 2.43% while standing at 2.70% over the month.
Stock’s fiscal year EPS is expected to rise by 25.24% while it is estimated to increase by 24.92% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Deutsche Bank on June 10, 2024 offering a Buy rating for the stock and assigned a target price of $21 to it. Coverage by UBS stated Blue Owl Capital Inc (OWL) stock as a Buy in their note to investors on April 02, 2024, suggesting a price target of $22 for the stock. On January 04, 2024, TD Cowen Initiated their recommendations, while on December 20, 2023, Piper Sandler Resumed their ratings for the stock with a price target of $18. Stock get a Neutral rating from UBS on October 20, 2023.
