What is the stock price trajectory of Blue Owl Capital Corp (OBDC)?

At the time of writing, Blue Owl Capital Corp [OBDC] stock is trading at $14.74, up 0.48%. An important factor to consider is whether the stock is rising or falling in short-term value. The OBDC shares have gain 2.01% over the last week, with a monthly amount drifted -3.60%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Blue Owl Capital Corp [NYSE: OBDC] stock has seen the most recent analyst activity on August 09, 2024, when Raymond James downgraded its rating to a Mkt Perform. Previously, Hovde Group reaffirmed its Outperform rating on May 10, 2024, and elevated its price target to $17. On January 08, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $15.50 on the stock. B. Riley Securities started tracking the stock assigning a Buy rating and suggested a price target of $15.25 on July 28, 2023. Wells Fargo downgraded its rating to a Underweight and reduced its price target to $12 on July 25, 2022. Hovde Group upgraded its rating to Outperform for this stock on May 06, 2022, but kept the price target unchanged to $15. In a note dated March 07, 2022, Hovde Group initiated an Market Perform rating.

For the past year, the stock price of Blue Owl Capital Corp fluctuated between $12.81 and $16.91. Currently, Wall Street analysts expect the stock to reach $16.5 within the next 12 months. Blue Owl Capital Corp [NYSE: OBDC] shares were valued at $14.74 at the most recent close of the market. An investor can expect a potential return of 11.94% based on the average OBDC price forecast.

Analyzing the OBDC fundamentals

According to Blue Owl Capital Corp [NYSE:OBDC], the company’s sales were 1.60B for trailing twelve months, which represents an 0.65% jump. Gross Profit Margin for this corporation currently stands at 0.71% with Operating Profit Margin at 0.77%, Pretax Profit Margin comes in at 0.59%, and Net Profit Margin reading is 0.57%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.12 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.24.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 14.68 points at the first support level, and at 14.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.80, and for the 2nd resistance point, it is at 14.86.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 3.59, the price to book ratio is 0.96 and price to earnings (TTM) ratio is 8.20.

Transactions by insiders

Recent insider trading involved Nicholson Logan, President, that happened on Aug 21 ’24 when 7500.0 shares were purchased. President, Nicholson Logan completed a deal on Aug 21 ’24 to buy 2500.0 shares. Meanwhile, Director DAlelio Edward H bought 3000.0 shares on Mar 05 ’24.

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