Market Momentum Report: Carlyle Group Inc (CG)’s Negative Close at 41.33

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The price of Carlyle Group Inc (NASDAQ: CG) closed at $41.33 in the last session, down -3.57% from day before closing price of $42.86. In other words, the price has decreased by -$3.57 from its previous closing price. On the day, 1.84 million shares were traded. CG stock price reached its highest trading level at $42.885 during the session, while it also had its lowest trading level at $41.3.

Ratios:

We take a closer look at CG’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.88. In the meantime, Its Debt-to-Equity ratio is 1.83 whereas as Long-Term Debt/Eq ratio is at 1.77.

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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 14873881600 and an Enterprise Value of 23137660928. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.76 while its Price-to-Book (P/B) ratio in mrq is 2.93. Its current Enterprise Value per Revenue stands at 10.43.

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 $27.13. The 50-Day Moving Average of the stock is -6.86%, while the 200-Day Moving Average is calculated to be 7.37%.

Shares Statistics:

According to the various share statistics, CG traded on average about 2.09M shares per day over the past 3-months and 1890740 shares per day over the past 10 days. A total of 361.33M shares are outstanding, with a floating share count of 198.95M. Insiders hold about 44.72% of the company’s shares, while institutions hold 59.05% stake in the company. Shares short for CG as of 1715731200 were 19117399 with a Short Ratio of 9.15, compared to 1713139200 on 15495280. Therefore, it implies a Short% of Shares Outstanding of 19117399 and a Short% of Float of 8.64.

Dividends & Splits

The forward annual dividend rate for CG is 1.40, which was 1.4 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.03266449The stock’s 5-year Average Dividend Yield is 3.65.

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