The Carlyle Group Inc. [CG] Analysis: Why CG Stock Is dripping down

The Carlyle Group Inc. [CG] has traded in a range of $15.21 to $34.98 in the last 1 year. As of this writing, the stock is at $27.91, down -1.55%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, CG shares are -2.74% down with the monthly amount drift of 1.36% and seems well in a long time frame.

Analyst Birdseye View:

The most recent analyst activity for The Carlyle Group Inc. stock was on April 15, 2020, when it was Upgrade with a Buy rating from Citigroup, which also raised its 12-month price target on the stock to $34. On March 23, 2020, BofA/Merrill Downgrade an Underperform rating. On February 06, 2020, Keefe Bruyette Downgrade a Mkt perform rating and decreased its price target from $36 to $35. On February 06, 2020, Citigroup Downgrade a Neutral rating and decreased its price target to $35. On December 12, 2019, UBS Downgrade a Neutral rating and boosted its amount target on this stock to $31. On October 08, 2019, BMO Capital Markets Initiated a Market perform rating. On September 23, 2019, BofA/Merrill Reiterated a Neutral rating and improved its amount target to $29.

In the past 52 weeks of trading, this stock has oscillated between a low of $15.21 and a peak of $34.98. Right now, according to Wall Street analyst the average 12-month amount target is $31.00. At the most recent market close, shares of The Carlyle Group Inc. [NASDAQ:CG] were valued at $27.91. According to the average price forecast, investors can expect a potential return of 1.61%.

Fundamental Analysis:

The Carlyle Group Inc. [NASDAQ:CG] most recently reported quarterly sales of 73.0 million, which represented growth of 6.60%. This publicly-traded organization’s revenue is $1,891,718 per employee, while its income is $214,592 per employee. This company’s Gross Margin is currently 69.10%, its Pretax Margin is +36.73, and its Net Margin is +11.34. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 2.85, 47.73, 13.11 and 5.17 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 91.85 and the whole liability to whole assets at 50.48. It shows enduring liability to the whole principal at 90.34 and enduring liability to assets at 0.50 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 27.86 points at 1st support level, the second support level is making up to 27.36. But as of 1st resistance point, this stock is sitting at 28.86 and at 29.36 for 2nd resistance point.

The Carlyle Group Inc. [CG] reported its earnings at $0.53 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.36/share signifying the difference of 0.17 and 47.20% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were $0.48 calling estimates for $0.4/share with the difference of 0.08 depicting the surprise of 20.00%. 

Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.17 and it’s amount to book ratio is 6.11.

Insider Stories

The most recent insider trade was by Carlyle Group Management L.L.C, 10% Owner, and it was the sale of 7.54 million shares on Jun 29. Carlyle Group Management L.L.C, the 10% Owner, completed a sale of 2.0 million shares on May 28. On May 07, Carlyle Group Management L.L.C, 10% Owner, completed a sale of 2.62 million shares.

Source: MZPNews