Carlyle Group Inc (CG)’s latest quarter sales figures and margins explained

Carlyle Group Inc [CG] stock prices are up 2.04% to $48.52 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CG shares have gain 4.39% over the last week, with a monthly amount glided 20.85%, and seem to be holding up well over a long-time horizon.

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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 $27.13 and $48.52 over the past year. Currently, Wall Street analysts expect the stock to reach $48.5 within the next 12 months. Carlyle Group Inc [NASDAQ: CG] shares were valued at $48.52 at the most recent close of the market. An investor can expect a potential drop of -0.04% based on the average CG price forecast.

Analyzing the CG fundamentals

The Carlyle Group Inc [NASDAQ:CG] reported sales of 3.13B for trailing twelve months, representing a drop of -17.52%. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at -0.32%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.24%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.11 and Total Capital is -0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.59.

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 47.80 points at the first support level, and at 47.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 48.97, and for the 2nd resistance point, it is at 49.41.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 5.58, the price to book ratio is 3.44.

Transactions by insiders

Recent insider trading involved Carlyle Group Inc., 10% Owner, that happened on Jul 29 ’24 when 0.16 million shares were sold. 10% Owner, Carlyle Group Inc. completed a deal on Jul 26 ’24 to sell 0.1 million shares. Meanwhile, 10% Owner Carlyle Group Inc. sold 0.41 million shares on Jul 25 ’24.

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