-9.70% percent quarterly performance for Blue Owl Capital Corp (OBDC) is not indicative of the underlying story

On Tuesday, Blue Owl Capital Corp (NYSE: OBDC) opened lower -1.02% from the last session, before settling in for the closing price of $14.73. Price fluctuations for OBDC have ranged from $12.76 to $16.84 over the past 52 weeks.

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During the last 5-year period, the sales growth of Financial Sector giant was 33.96%. Company’s average yearly earnings per share was noted -1.03% at the time writing. With a float of $362.89 million, this company’s outstanding shares have now reached $389.73 million.

In terms of profitability, gross margin is 71.18%, operating margin of 77.19%, and the pretax margin is 58.69%.

Blue Owl Capital Corp (OBDC) Insider Activity

A key investor’s attitude towards the stock of the Credit Services industry is another important factor to consider. The insider ownership of Blue Owl Capital Corp is 7.00%, while institutional ownership is 42.16%. The most recent insider transaction that took place on Aug 27 ’24, was worth 37,550. In this transaction Director of this company bought 2,500 shares at a rate of $15.02, taking the stock ownership to the 9,016 shares. Before that another transaction happened on Aug 21 ’24, when Company’s President bought 7,500 for $14.66, making the entire transaction worth $109,950. This insider now owns 10,000 shares in total.

Blue Owl Capital Corp (OBDC) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.49 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.47) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.48 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -1.03% per share during the next fiscal year.

Blue Owl Capital Corp (NYSE: OBDC) Trading Performance Indicators

Check out the current performance indicators for Blue Owl Capital Corp (OBDC). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.55. Likewise, its price to free cash flow for the trailing twelve months is 10.20.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.80, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 1.77 in one year’s time.

Technical Analysis of Blue Owl Capital Corp (OBDC)

Looking closely at Blue Owl Capital Corp (NYSE: OBDC), its last 5-days average volume was 1.49 million, which is a drop from its year-to-date volume of 2.02 million. As of the previous 9 days, the stock’s Stochastic %D was 9.01%. Additionally, its Average True Range was 0.23.

During the past 100 days, Blue Owl Capital Corp’s (OBDC) raw stochastic average was set at 20.48%, which indicates a significant increase from 8.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.06% in the past 14 days, which was lower than the 15.45% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $15.07, while its 200-day Moving Average is $15.32. However, in the short run, Blue Owl Capital Corp’s stock first resistance to watch stands at $14.71. Second resistance stands at $14.84. The third major resistance level sits at $14.94. If the price goes on to break the first support level at $14.48, it is likely to go to the next support level at $14.38. Should the price break the second support level, the third support level stands at $14.25.

Blue Owl Capital Corp (NYSE: OBDC) Key Stats

There are currently 389,733K shares outstanding in the company with a market cap of 5.69 billion. Presently, the company’s annual sales total 1,582 M according to its annual income of 753,610 K. Last quarter, the company’s sales amounted to 396,760 K and its income totaled 189,130 K.