Market Analysts see Blue Owl Capital Inc. [OWL] gaining to $13. Time to buy?

Blue Owl Capital Inc. [NYSE: OWL] gained 0.91% or 0.11 points to close at $12.23 with a heavy trading volume of 2262767 shares. The company report on August 24, 2022 that Blue Owl Capital Inc. Announces the Results of the Redemption of Public Warrants.


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Blue Owl Capital Inc. (NYSE: OWL) (“Blue Owl” or the “Company”), today announced the results of the redemption of all of its outstanding redeemable warrants (the “Public Warrants”) to purchase shares of the Company’s Class A common stock, par value $0.0001 per share (the “Class A Shares”), pursuant to the Amended and Restated Warrant Agreement, dated May 19, 2021 (the “Warrant Agreement”), by and between the Company and Computershare Inc. and its wholly-owned subsidiary, Computershare Trust Company, N.A., as warrant agent (the “Warrant Agent”), for a redemption price of $0.10 per Public Warrant (the “Redemption Price”) at 5:00 p.m. New York City time on August 18, 2022 (the “Redemption Date”).

On July 18, 2022, the Company issued a press release stating that, pursuant to the terms of the Warrant Agreement, it would redeem all of the outstanding Public Warrants at the Redemption Price. The redemption was triggered because the last sales price of the Class A Shares was at least $10.00 per share on each of twenty trading days within a thirty-day trading period ending on the third trading day prior to July 18, 2022. Certain warrants to purchase Class A Shares that were issued in a private placement (the “Private Placement Warrants” and, together with Public Warrants, the “Warrants”) were not subject to redemption under the Warrant Agreement and may remain outstanding following the redemption.

It opened the trading session at $12.20, the shares rose to $12.37 and dropped to $12.15, the range by which the price of stock traded the whole day. The daily chart for OWL points out that the company has recorded 0.91% gains over the past six months. However, it is still -28.47% lower than its most recent low trading price.

If we look at the average trading volume of 3.58M shares, OWL reached to a volume of 2262767 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Blue Owl Capital Inc. [OWL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OWL shares is $15.12 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OWL stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

JP Morgan have made an estimate for Blue Owl Capital Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 07, 2022. While these analysts kept the previous recommendation, JMP Securities raised their target price to Mkt Outperform. The new note on the price target was released on June 08, 2022, representing the official price target for Blue Owl Capital Inc. stock. Previously, the target price had yet another raise to $18, while BofA Securities analysts kept a Buy rating on OWL stock.

The Average True Range (ATR) for Blue Owl Capital Inc. is set at 0.42, with the Price to Sales ratio for OWL stock in the period of the last 12 months amounting to 15.83. The Price to Book ratio for the last quarter was 3.18, with the Price to Cash per share for the same quarter was set at 0.03. Price to Free Cash Flow for OWL in the course of the last twelve months was 49.99.

Trading performance analysis for OWL stock

Blue Owl Capital Inc. [OWL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.47. With this latest performance, OWL shares gained by 12.10% in over the last four-week period, additionally plugging by 0.91% over the last 6 months – not to mention a drop of -7.28% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OWL stock in for the last two-week period is set at 55.84, with the RSI for the last a single of trading hit 53.62, and the three-weeks RSI is set at 55.61 for Blue Owl Capital Inc. [OWL]. The present Moving Average for the last 50 days of trading for this stock 11.17, while it was recorded at 12.01 for the last single week of trading, and 12.70 for the last 200 days.

Blue Owl Capital Inc. [OWL]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Blue Owl Capital Inc. [OWL] shares currently have an operating margin of -100.12 and a Gross Margin at +85.86. Blue Owl Capital Inc.’s Net Margin is presently recorded at -45.66.

Return on Equity for this stock declined to -39.70, with Return on Assets sitting at -8.81.

Blue Owl Capital Inc. [OWL]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for OWL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Blue Owl Capital Inc. go to 38.50%.

An analysis of insider ownership at Blue Owl Capital Inc. [OWL]

There are presently around $4,785 million, or 92.30% of OWL stock, in the hands of institutional investors. The top three institutional holders of OWL stocks are: ICONIQ CAPITAL, LLC with ownership of 50,000,000, which is approximately 0% of the company’s market cap and around 2.26% of the total institutional ownership; CAPITAL WORLD INVESTORS, holding 49,953,284 shares of the stock with an approximate value of $610.93 million in OWL stocks shares; and BLUE POOL MANAGEMENT LTD., currently with $598.46 million in OWL stock with ownership of nearly 0% of the company’s market capitalization.

Positions in Blue Owl Capital Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 124 institutional holders increased their position in Blue Owl Capital Inc. [NYSE:OWL] by around 60,132,660 shares. Additionally, 53 investors decreased positions by around 18,371,032 shares, while 20 investors held positions by with 312,766,416 shares. The mentioned changes placed institutional holdings at 391,270,108 shares, according to the latest SEC report filing. OWL stock had 54 new institutional investments in for a total of 8,238,013 shares, while 27 institutional investors sold positions of 7,369,676 shares during the same period.

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