Carlyle Group Inc [CG] stock prices are up 1.82% to $45.85 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CG shares have gain 1.91% over the last week, with a monthly amount glided 12.49%, and seem to be holding up well over a long-time horizon.
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On 26, February 2024, Carlyle Secured Lending, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results, Increases Base Dividend to $0.40 Per Common Share and Declares First Quarter 2024 Dividends of $0.48 Per Common Share. In a post published today on Yahoo Finance, Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CSL” or the “Company”) (NASDAQ: CGBD) today announced its financial results for its fourth quarter and full year ended December 31, 2023.
From an analyst’s perspective:
Carlyle Group Inc [NASDAQ: CG] stock has seen the most recent analyst activity on January 19, 2024, when Citigroup downgraded its rating to a Neutral and also boosted its price target to $41 from $40. Previously, TD Cowen started tracking the stock with Market Perform rating on January 04, 2024, and set its price target to $42. On November 29, 2023, downgrade downgraded it’s rating to In-line but maintained its price target of $32 on the stock. Wolfe Research started tracking the stock assigning a Peer Perform rating. Citigroup initiated its recommendation with a Buy and recommended $40 as its price target on May 19, 2023. Barclays started tracking with a Overweight rating for this stock on March 02, 2023, and assigned it a price target of $41. In a note dated January 03, 2023, Keefe Bruyette downgraded an Mkt Perform rating on this stock but restated the target price of $36.
The stock price of Carlyle Group Inc [CG] has been fluctuating between $25.20 and $46.00 over the past year. Currently, Wall Street analysts expect the stock to reach $45.89 within the next 12 months. Carlyle Group Inc [NASDAQ: CG] shares were valued at $45.85 at the most recent close of the market. An investor can expect a potential return of 0.09% based on the average CG price forecast.
Analyzing the CG fundamentals
The Carlyle Group Inc [NASDAQ:CG] reported sales of 3.25B for trailing twelve months, representing a surge of 14.98%. Gross Profit Margin for this corporation currently stands at -1.6% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.57.
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 45.26 points at the first support level, and at 44.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.47, and for the 2nd resistance point, it is at 47.10.
Carlyle Group Inc [CG] reported earnings per share of $0.86 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.78/share, meaning a difference of $0.08 and a surprise factor of 10.30%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.87 per share as compared to estimates of $0.72 per share, a difference of $0.15 representing a surprise of 20.80%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 5.11, the price to book ratio is 3.19.
Transactions by insiders
Recent insider trading involved Carlyle Group Inc., Former 10% Owner, that happened on Feb 08 when 0.19 million shares were purchased. Chief Executive Officer, SCHWARTZ HARVEY M completed a deal on Dec 15 to sell 0.3 million shares. Meanwhile, 10% Owner CG Subsidiary Holdings L.L.C. bought 1.27 million shares on Sep 12.
