Carlyle Group Inc (CG) concluded trading on Thursday at a closing price of $45.01, with 3.71 million shares of worth about $167.08 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -4.17% during that period and on October 03, 2024 the price saw a gain of about 4.09%. Currently the company’s common shares owned by public are about 361.33M shares, out of which, 205.22M shares are available for trading.
Stock saw a price change of 5.19% in past 5 days and over the past one month there was a price change of 18.07%. Year-to-date (YTD), CG shares are showing a performance of 10.62% which increased to 52.32% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $27.13 but also hit the highest price of $50.92 during that period. The average intraday trading volume for Carlyle Group Inc shares is 2.32 million. The stock is currently trading 9.04% above its 20-day simple moving average (SMA20), while that difference is up 8.11% for SMA50 and it goes to 5.41% higher than SMA200.
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Carlyle Group Inc (NASDAQ: CG) currently have 361.33M outstanding shares and institutions hold larger chunk of about 59.86% of that.
The stock has a current market capitalization of $16.04B and its 3Y-monthly beta is at 1.72. It has posted earnings per share of -$1.11 in the same period. It has a debt-to-equity ratio of 2.10. 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 2.84% while standing at 2.82% over the month.
Stock’s fiscal year EPS is expected to rise by 16.32% while it is estimated to increase by 16.91% in next year.
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 Wells Fargo on September 12, 2024 offering an Equal weight rating for the stock and assigned a target price of $42 to it. Coverage by Redburn Atlantic stated Carlyle Group Inc (CG) stock as a Buy in their note to investors on August 27, 2024, suggesting a price target of $55 for the stock. On August 06, 2024, JP Morgan Downgrade their recommendations, while on January 19, 2024, Citigroup Downgrade their ratings for the stock with a price target of $41. Stock get a Market perform rating from TD Cowen on January 04, 2024.
