This is why Carlyle Group Inc (CG) Stock is one of the options for the Longer run

Carlyle Group Inc [CG] stock prices are up 2.70% to $38.77 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CG shares have gain 1.84% over the last week, with a monthly amount drifted -3.92%, and not 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 September 12, 2024, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $42. Previously, Redburn Atlantic started tracking the stock with Buy rating on August 27, 2024, and set its price target to $55. On August 06, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $44 on the stock. Citigroup downgraded its rating to a Neutral and increased its price target to $41 on January 19, 2024. TD Cowen initiated its recommendation with a Market Perform and recommended $42 as its price target on January 04, 2024. Evercore ISI downgraded its rating to In-line for this stock on November 29, 2023, but kept the price target unchanged to $32. In a note dated October 05, 2023, Wolfe Research initiated an Peer Perform rating.

The stock price of Carlyle Group Inc [CG] has been fluctuating between $27.13 and $50.92 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 $38.77 at the most recent close of the market. An investor can expect a potential return of 25.1% based on the average CG price forecast.

Analyzing the CG fundamentals

The Carlyle Group Inc [NASDAQ:CG] reported sales of 3.10B for trailing twelve months, representing a drop of -2.42%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at -0.11%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.12%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.07 and Total Capital is -0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.0.

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 38.03 points at the first support level, and at 37.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.14, and for the 2nd resistance point, it is at 39.51.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 4.46, the price to book ratio is 2.75.

Transactions by insiders

Recent insider trading involved CF UNITS LLC, Former Officer, that happened on Aug 23 ’24 when 0.11 million shares were purchased. Former Officer, CHRISTOPHER FINN completed a deal on Aug 23 ’24 to buy 0.49 million shares. Meanwhile, 10% Owner Carlyle Group Inc. sold 74134.0 shares on Aug 09 ’24.

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