Owl Rock Capital Corporation (NYSE:ORCC) has a 12-month trailing P/E ratio of 6.64. The stock’s Relative Strength Index (RSI) is 66.27, with weekly volatility at 0.76% and ATR at 0.18. The ORCC stock’s 52-week price range has touched low of $11.05 and a $14.74 high. Its shares traded higher over the last trading session, gaining 0.41% on 06/09/21. The shares fell to a low of $14.67 before closing at $14.74. Intraday shares traded counted 1.22 million, which was 4.07% higher than its 30-day average trading volume of 1.27M. ORCC’s previous close was $14.68 while the outstanding shares total 391.12M.
Investors have identified the Credit Services company Owl Rock Capital Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $5.77 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Owl Rock Capital Corporation (ORCC) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 278.44 million total, with 240.26 million as their total liabilities.
Potential earnings growth for Owl Rock Capital Corporation (ORCC)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/03/2021 quarter of the year, Owl Rock Capital Corporation recorded a total of 221.57 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 7.6% coming in sequential stages and their sales for the 08/03/2021 quarter increasing by 0.14%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 221.57 million trying to sell their products during the last quarter, with the result yielding a gross income of 117.79 million. This allows shareholders to hold on to 391.12M with the recently reported earning now reading 0.26 cents per share. This is a figure that compared to analystâ€™s prediction for their 08/03/2021 (0.26 cents a share).
Having a look at the companyâ€™s valuation, the company is expected to record 1.31 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on ORCC sounds very interesting.
Is the stock of ORCC attractive?
In related news, 10% Owner, REGENTS OF THE UNIVERSITY OF C sold 118,679 shares of the companyâ€™s stock in a transaction that recorded on Jun 08. The sale was performed at an average price of 14.70, for a total value of 1,744,819. As the sale deal closes, the 10% Owner, REGENTS OF THE UNIVERSITY OF C now sold 47,050 shares of the companyâ€™s stock, valued at 690,741. Also, 10% Owner, REGENTS OF THE UNIVERSITY OF C sold 32,683 shares of the companyâ€™s stock in a deal that was recorded on Jun 03. The shares were price at an average price of 14.59 per share, with a total market value of 476,910. Following this completion of acquisition, the 10% Owner, REGENTS OF THE UNIVERSITY OF C now holds 70,000 shares of the companyâ€™s stock, valued at 1,016,820. In the last 6 months, insiders have changed their ownership in shares of company stock by 10.30%.
8 out of 10 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on Owl Rock Capital Corporation. 0 analysts has assigned a Sell rating on the ORCC stock. The 12-month mean consensus price target for the companyâ€™s shares has been set at $15.11.