According to a report from Bloomberg, The Carlyle Group Inc. (NASDAQ:CG) has received a consensus recommendation of “Moderate Buy” from the fourteen analysts currently covering the company. Out of these analysts, one has given a sell rating, three have assigned a hold rating, and ten have labeled it as a buy. The average 1-year target price among these brokerages is $40.36.
On Friday, CG shares opened at $30.47. The company has a quick ratio of 2.79, indicating its ability to meet short-term obligations, and it also holds a current ratio of 2.80. Additionally, the debt-to-equity ratio stands at 1.32 for the firm. Over the past year, the stock has seen a low of $24.59 and a high of $38.32. The 50-day moving average is set at $32.45, while the 200-day moving average is listed as $30.83.
With regards to market capitalization, CG holds an impressive value of $10.97 billion and maintains a P/E ratio of 26.96 along with a beta value of 1.70.
In recent news, Subsidiary Holdings L.L.C., which is identified as a major shareholder in The Carlyle Group, acquired 1,269,537 shares on September 12th in Tuesday’s transaction for an average cost per share of $8.52; this resulted in a total transaction amounting to $10,816,455.
After this acquisition concluded, Subsidiary Holdings L.L.C.’s insider now directly owns 4,785,628 shares worth about $40,773,550.
Another insider dealing involved Bruce M.Larson who sold off 13,413 shares on August 2nd at an average price of $32.36 per share; this equates to a total value of $434,044. The insider now holds 403,069 shares valued at approximately $13,043,313.
It is worth noting that Subsidiary Holdings L.L.C. engaged in another transaction on September 12th where they bought additional 1,269,537 shares of the company’s stock at an average cost of $8.52 per share for a total transaction of $10,816,455. Following this purchase, Subsidiary Holdings L.L.C.’s insider now possesses a total of 4,785,628 shares valued at roughly $40,773,551 as declared by the SEC filing.
Over the past three months alone, corporate insiders have sold 84,916 shares of CG stock estimated to be valued at $2,747,882. A significant portion – about 27.00% – of the stock is currently owned by these insiders.
In its most recent quarterly earnings report on August 2nd., The Carlyle Group (NASDAQ:CG) announced earnings per share (EPS) of $0.88 for the quarter surpassing the consensus estimate by $0.23. Furthermore,the financial services provider declared revenue of $977.90 million against analyst estimates which were projected to be around $809.12 million.
The company’s return on equity was reported as 24.12% with a net margin of 13.11%. Analysts collectively predict that The Carlyle Group will post an EPS figure around 2.99 for this fiscal year.
Overall, The Carlyle Group Inc.(NASDAQ:CG) has garnered a “Moderate Buy” rating from analysts accompanied by target price expectations averaging at $40.36 based on their recent analysis and updates regarding stock coverage in the past year.
Investors interested in this field should closely follow any further developments related to CG and consider various factors before making any investment decisions or actions.
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Navigating Contradictory Opinions: The Perplexing Future of The Carlyle Group (CG)
September 22, 2023 – The Carlyle Group (CG) has been at the center of attention in recent analyst reports. With opposing opinions on its performance and potential, analysts have lowered price objectives and issued divergent ratings on the stock. Such observations have left investors both perplexed and intrigued by the future prospects of this renowned business entity.
In an intriguing research note published on Thursday, August 3rd, Oppenheimer lowered their price objective on shares of The Carlyle Group from $60.00 to $58.00. Despite the decrease, they maintained an “outperform” rating for the stock, suggesting that there is still potential for growth within the company. However, it is worth noting that this viewpoint does not necessarily align with other assessments.
StockNews.com recently unveiled their coverage of The Carlyle Group with a rather pessimistic outlook. In a research note released on Saturday, August 19th, they assigned a “sell” rating to the stock. This contrasting opinion presents a perplexing situation for investors who are trying to navigate through conflicting advice from various financial experts.
JMP Securities has taken a more optimistic stance on The Carlyle Group’s performance. They reissued a “market outperform” rating and set a target price of $52.00 in their report on Thursday, August 17th. While this may seem contradictory to StockNews.com’s sell recommendation, it highlights how this industry is dynamic and often subject to differing interpretations based on various market factors.
Another research report by Piper Sandler further compounds the confusion surrounding CG’s future trajectory. On Thursday, August 3rd, they reduced their price objective from $42.00 to $40.00 but maintained an “overweight” rating for the company’s shares. Investors are left wondering about the implications of these conflicting evaluations and how they will shape future investment decisions.
In yet another puzzling development, Barclays downgraded their price objective on shares of The Carlyle Group from $38.00 to $37.00 in a research report dated Thursday, August 3rd. Despite the decrease, they still retained an “overweight” rating on the stock, further complicating investor sentiment. With such mixed signals, it becomes crucial for stakeholders to conduct thorough research and analysis before making investment choices.
Adding to the intrigue, The Carlyle Group recently disclosed a quarterly dividend. Shareholders of record as of Tuesday, August 15th received a $0.35 dividend on Wednesday, August 23rd. However, this announcement raised some eyebrows when considering the company’s dividend payout ratio of 123.89%, raising questions about its sustainability and potential impact on the overall health of the organization.
As we move forward into uncertain economic times, investors must navigate through the barrage of conflicting opinions surrounding stocks such as The Carlyle Group. While analysts’ reports can provide valuable insights into market trends and performance expectations, they often diverge due to individual perspectives and interpretations of available data. Therefore, investors are advised to exercise caution and carefully consider their risk appetite before making any investment decisions based solely on analyst reports.
In conclusion, The Carlyle Group has found itself embroiled in contradictory opinions from financial experts regarding its future outlook. With lowered price objectives and fluctuating ratings presented by various analysts, it becomes increasingly perplexing for investors attempting to determine the trajectory of CG’s share performance. As always in these situations, conducting thorough research and analysis remains paramount when making informed investment decisions in an ever-changing market environment.
Please note that this article is based on information available as of September 22nd, 2023 and may not reflect subsequent developments or updated evaluations by analysts.
