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The closing price of Carlyle Group Inc (NASDAQ: CG) was $43.68 for the day, down -2.13% from the previous closing price of $44.63. In other words, the price has decreased by -$2.13 from its previous closing price. On the day, 2.78 million shares were traded. CG stock price reached its highest trading level at $44.835 during the session, while it also had its lowest trading level at $43.52.
Ratios:
Our analysis of CG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.08. In the meantime, Its Debt-to-Equity ratio is 1.78 whereas as Long-Term Debt/Eq ratio is at 1.69.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on January 19, 2024, Downgraded its rating to Neutral and sets its target price to $41 from $40 previously.
On January 04, 2024, TD Cowen started tracking the stock assigning a Market Perform rating and target price of $42.
Evercore ISI Downgraded its Outperform to In-line on November 29, 2023, while the target price for the stock was maintained at $32.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 08 ’24 when Carlyle Group Inc. bought 190,000 shares for $12.95 per share. The transaction valued at 2,460,500 led to the insider holds 1,066,189 shares of the business.
SCHWARTZ HARVEY M sold 295,358 shares of CG for $12,328,036 on Dec 15 ’23. The Chief Executive Officer now owns 6,768,046 shares after completing the transaction at $41.74 per share. On Sep 12 ’23, another insider, CG Subsidiary Holdings L.L.C., who serves as the 10% Owner of the company, bought 1,269,537 shares for $8.52 each. As a result, the insider paid 10,816,455 and bolstered with 4,785,628 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CG now has a Market Capitalization of 15766120448 and an Enterprise Value of 23879528448. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.87 while its Price-to-Book (P/B) ratio in mrq is 3.04. Its current Enterprise Value per Revenue stands at 9.863.
Stock Price History:
Over the past 52 weeks, CG has reached a high of $48.52, while it has fallen to a 52-week low of $25.20. The 50-Day Moving Average of the stock is -4.46%, while the 200-Day Moving Average is calculated to be 18.94%.
Shares Statistics:
CG traded an average of 2.31M shares per day over the past three months and 1978000 shares per day over the past ten days. A total of 361.33M shares are outstanding, with a floating share count of 201.04M. Insiders hold about 44.48% of the company’s shares, while institutions hold 59.87% stake in the company. Shares short for CG as of 1711584000 were 15488418 with a Short Ratio of 6.71, compared to 1709164800 on 17039584. Therefore, it implies a Short% of Shares Outstanding of 15488418 and a Short% of Float of 7.3999999999999995.
Dividends & Splits
With its trailing 12-month dividend rate of 1.4, CG has a forward annual dividend rate of 1.40. The stock’s 5-year Average Dividend Yield is 3.76.
Earnings Estimates
The stock of Carlyle Group Inc (CG) is currently in the spotlight, with Citigroup, Inc. analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $157.29, with high estimates of $6.77 and low estimates of $7.83.
Analysts are recommending an EPS of between $Basic Materials and $Healthcare for the fiscal current year, implying an average EPS of $Consumer Defensive.
