Carlyle Group Inc (CG) concluded trading on Wednesday at a closing price of $44.24, with 6.61 million shares of worth about $292.53 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 37.82% during that period and on Wednesday February 7 the price saw a gain of about 8.64%. Currently the company’s common shares owned by public are about 362.30M shares, out of which, 192.09M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 19 times over the past 12 months. They bought 7,048,121 shares in 14 of the transactions. In 5 selling transactions, insiders dumped 84,916 shares.
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However, the stock later moved at a day high price of 44.83, or with a gain of 8.64%. Stock saw a price change of 10.54% in past 5 days and over the past one month there was a price change of 10.96%. Year-to-date (YTD), CG shares are showing a performance of 8.72% which increased to 21.84% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $25.20 but also hit the highest price of $42.49 during that period. The average intraday trading volume for Carlyle Group Inc shares is 3.41 million. The stock is currently trading 10.84% above its 20-day simple moving average (SMA20), while that difference is up 13.70% for SMA50 and it goes to 35.74% higher than SMA200.
Carlyle Group Inc (NASDAQ: CG) currently have 362.30M outstanding shares and institutions hold larger chunk of about 58.08% of that.
The stock has a current market capitalization of $15.96B and its 3Y-monthly beta is at 1.78. PE ratio of stock for trailing 12 months is 77.10, while it has posted earnings per share of $0.57 in the same period. It has a debt-to-equity ratio of 1.55. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CG, volatility over the week remained 2.90% while standing at 2.39% over the month.
Analysts are in expectations that Carlyle Group Inc (CG) stock would likely to be making an EPS of $0.78 in the current quarter, while forecast for next quarter EPS is $0.91 and it is $3.91 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.7 which is $0.92 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $1.01 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -26.59% while it is estimated to increase by 23.45% in next year. EPS is likely to shrink at an annualized rate of -1.32% for next 5-years, compared to annual growth of 7.07% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on January 19, 2024 offering a Neutral rating for the stock and assigned a target price range of between $40 and $41 to it.
