Blue Owl Capital Inc (NYSE: OWL) Not A Good Play Anymore?

Blue Owl Capital Inc (OWL) concluded trading on Wednesday at a closing price of $17.21, with 2.86 million shares of worth about $49.22 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.42% during that period and on August 28, 2024 the price saw a loss of about -2.05%. Currently the company’s common shares owned by public are about 561.14M shares, out of which, 548.30M shares are available for trading.

Stock saw a price change of -0.92% in past 5 days and over the past one month there was a price change of -9.71%. Year-to-date (YTD), OWL shares are showing a performance of 15.50% which increased to 53.39% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $11.16 but also hit the highest price of $20.13 during that period. The average intraday trading volume for Blue Owl Capital Inc shares is 6.43 million. The stock is currently trading -0.34% below its 20-day simple moving average (SMA20), while that difference is down -3.47% for SMA50 and it goes to 1.36% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Blue Owl Capital Inc (NYSE: OWL) currently have 561.14M outstanding shares and institutions hold larger chunk of about 92.74% of that.

The stock has a current market capitalization of $9.66B and its 3Y-monthly beta is at 1.17. PE ratio of stock for trailing 12 months is 94.25, while it has posted earnings per share of $0.18 in the same period. Its PEG reads 4.67 and has Quick Ratio of 2.33 while making debt-to-equity ratio of 1.61. 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 1.96% while standing at 3.22% over the month.

Stock’s fiscal year EPS is expected to rise by 20.64% while it is estimated to increase by 24.24% 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 Oppenheimer on August 02, 2024 offering an Outperform rating for the stock and assigned a target price of $21 to it. Coverage by TD Cowen stated Blue Owl Capital Inc (OWL) stock as a Hold in their note to investors on July 08, 2024, suggesting a price target of $19 for the stock. On June 10, 2024, Deutsche Bank Resumed their recommendations, while on April 02, 2024, UBS Upgrade their ratings for the stock with a price target of $22. Stock get an Outperform rating from TD Cowen on January 04, 2024.

Most Popular

Related Posts