Is Blue Owl Capital Inc (NYSE: OWL) Back In The Buying Zone?

Currently, there are 568.25M common shares owned by the public and among those 556.06M shares have been available to trade.

The company’s stock has a 5-day price change of -0.64% and 12.36% over the past three months. OWL shares are trading 0.86% year to date (YTD), with the 12-month market performance up to 58.41% higher. It has a 12-month low price of $14.42 and touched a high of $25.03 over the same period. OWL has an average intraday trading volume of 6.15 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.37%, 0.39%, and 18.90% respectively.

Institutional ownership of Blue Owl Capital Inc (NYSE: OWL) shares accounts for 93.24% of the company’s 568.25M shares outstanding.

It has a market capitalization of $35.69B and a beta (3y monthly) value of 1.14. The stock’s trailing 12-month PE ratio is 137.84, while the earnings-per-share (ttm) stands at $0.17. The company has a PEG of 8.22 and a Quick Ratio of 1.17 with the debt-to-equity ratio at 1.45. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.84% over the week and 2.99% over the month.

Earnings per share for the fiscal year are expected to increase by 20.31%, and 19.43% over the next financial year.

Looking at the support for the OWL, a number of firms have released research notes about the stock. Goldman stated their Neutral rating for the stock in a research note on Jan-07-25, with the firm’s price target at $25-$24.75. Wells Fargo coverage for the Blue Owl Capital Inc (OWL) stock in a research note released on September 12, 2024 offered a Equal Weight rating with a price target of $18.50. Oppenheimer was of a view on August 02, 2024 that the stock is Outperform, while TD Cowen gave the stock Hold rating on July 08, 2024, issuing a price target of $21.50- $19. Deutsche Bank on their part issued Buy rating on June 10, 2024.

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