Blue Owl Capital Inc (NYSE:OWL) at last check was buoying at $18.63 on Thursday, March 21, with a rise of 3.85% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $17.94 and 5Y monthly beta was reading 1.27. Company’s P/E ratio for the trailing 12 months is 161.16. Considering stock’s 52-week price range provides that OWL hit a high price of $18.33 and saw its price falling to a low level of $9.70 during that period. Over a period of past 1-month, stock came adding 4.60% in its value.
With its current market valuation of $8.68 billion, Blue Owl Capital Inc is set to declare its quarterly results on Feb 09, 2024. OWL Stock’s Forward Dividend of 0.56 and its yield of 3.01% are making investors’ thoughts stronger that it could climb further before the company announces its earnings for the current quarter.
In last 7 days, analysts came adjusting their opinions about stock’s EPS with no upward and no downward revisions, an indication which could give clearer idea about the company’s short term price movement. In contrast, when we review OWL stock’s current outlook then short term indicators are assigning it an average of 100% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 100% Buy for it.
Digging deeper we become aware of the PEG ratio of the OWL stock which is currently positioned at 6.87. It further provides that stock’s current price level is 5.05% away from its 20-day simple moving average and is 11.35% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 72.45 while volatility remained at 2.24% over the past week which changes to 1.65% when measuring it over the past month. Beta is valued at 1.26, while measure of average true range or ATR is currently at 0.38.
Having a second look at Blue Owl Capital Inc (NYSE:OWL) provides that stock’s average daily trading volume for 3 months was 4.47 million, while it jumped to 3.47 million when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 464.43 million.
The percentage of outstanding shares held by the insiders is 1.92% while it is 90.06% for the institutional holders. The figures also indicate that as of Feb 29, 2024, number of stock’s short shares was 21.64 million which implies a short ratio of 3.65. This shows up a 4.65% of Short Interest in company’s outstanding shares on the day. In February the standing of shares short improved as it was 19.42 million in the previous month. Addition of 25.03% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
