The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Carlyle Group Inc (NASDAQ: CG) closed at $41.06 up 1.18% from its previous closing price of $40.58. In other words, the price has increased by $1.18 from its previous closing price. On the day, 2.77 million shares were traded. CG stock price reached its highest trading level at $42.18 during the session, while it also had its lowest trading level at $40.71.
Ratios:
For a deeper understanding of Carlyle Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.86. In the meantime, Its Debt-to-Equity ratio is 1.62 whereas as Long-Term Debt/Eq ratio is at 1.62.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 14751215616 and an Enterprise Value of 22404841472. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.57 while its Price-to-Book (P/B) ratio in mrq is 2.86. Its current Enterprise Value per Revenue stands at 10.1.
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 -10.32%, while the 200-Day Moving Average is calculated to be 9.89%.
Shares Statistics:
For the past three months, CG has traded an average of 2.40M shares per day and 2216130 over the past ten days. A total of 361.33M shares are outstanding, with a floating share count of 199.44M. Insiders hold about 44.48% of the company’s shares, while institutions hold 60.42% stake in the company. Shares short for CG as of 1713139200 were 15495280 with a Short Ratio of 6.44, compared to 1710460800 on 16428943. Therefore, it implies a Short% of Shares Outstanding of 15495280 and a Short% of Float of 7.0199996.
Dividends & Splits
According to the company, the forward annual dividend rate for CG is 1.40, from 1.4 in the trailing year. Against a Trailing Annual Dividend Yield of 0.034499753The stock’s 5-year Average Dividend Yield is 3.7.
