The Carlyle Group Inc. [CG] is -46.25% lower this YTD. Is it still time to buy?

The Carlyle Group Inc. [NASDAQ: CG] traded at a low on 12/22/22, posting a -0.77 loss after which it closed the day’ session at $29.51. The company report on December 13, 2022 that Veritas Capital Completes Acquisition of Sequa from Carlyle.

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Veritas Capital (“Veritas”), a leading technology and government investment firm, today announced that an affiliate of Veritas has completed the acquisition of Sequa Corporation (“Sequa”), parent company of Chromalloy, from funds managed by global investment firm Carlyle (NASDAQ: CG).

Sequa, through its subsidiary Chromalloy, is a global technology company and a leading solutions provider for aircraft engines and gas turbines. For over 70 years, Chromalloy’s solutions have safely and reliably extended the life of aircraft engines and gas turbines, improving the economics of flight and power generation. Chromalloy possesses distinctive engine and turbine component design and development expertise as well as advanced engineering capabilities that support proprietary component solutions.

The results of the trading session contributed to over 2561928 shares changing hands. Over the past one week, the price volatility of The Carlyle Group Inc. stands at 3.18% while the volatility over the past one month is 3.24%.

The market cap for CG stock reached $10.87 billion, with 362.89 million shares outstanding and 240.29 million shares in the current float. Compared to the average trading volume of 3.14M shares, CG reached a trading volume of 2561928 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about The Carlyle Group Inc. [CG]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CG shares is $40.64 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CG stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Credit Suisse have made an estimate for The Carlyle Group Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on October 19, 2022. While these analysts kept the previous recommendation, BofA Securities dropped their target price from $58 to $33. The new note on the price target was released on September 06, 2022, representing the official price target for The Carlyle Group Inc. stock. Previously, the target price had yet another drop from $55 to $38, while Jefferies kept a Hold rating on CG stock. On July 29, 2022, analysts increased their price target for CG shares from 38 to 45.

The Average True Range (ATR) for The Carlyle Group Inc. is set at 1.06, with the Price to Sales ratio for CG stock in the period of the last 12 months amounting to 1.90. The Price to Book ratio for the last quarter was 1.75, with the Price to Cash per share for the same quarter was set at 4.18.

How has CG stock performed recently?

The Carlyle Group Inc. [CG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.24. With this latest performance, CG shares gained by 0.72% in over the last four-week period, additionally sinking by -13.49% over the last 6 months – not to mention a drop of -45.91% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CG stock in for the last two-week period is set at 50.17, with the RSI for the last a single of trading hit 49.05, and the three-weeks RSI is set at 50.54 for The Carlyle Group Inc. [CG]. The present Moving Average for the last 50 days of trading for this stock 28.67, while it was recorded at 29.18 for the last single week of trading, and 34.33 for the last 200 days.

The Carlyle Group Inc. [CG]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and The Carlyle Group Inc. [CG] shares currently have an operating margin of +47.67 and a Gross Margin at +63.39. The Carlyle Group Inc.’s Net Margin is presently recorded at +34.12.

Return on Equity for this stock inclined to 74.66, with Return on Assets sitting at 16.13.

Earnings analysis for The Carlyle Group Inc. [CG]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The Carlyle Group Inc. go to -10.40%.

Insider trade positions for The Carlyle Group Inc. [CG]

There are presently around $5,733 million, or 54.10% of CG stock, in the hands of institutional investors. The top three institutional holders of CG stocks are: VANGUARD GROUP INC with ownership of 24,132,777, which is approximately 6.048% of the company’s market cap and around 2.30% of the total institutional ownership; MORGAN STANLEY, holding 22,182,835 shares of the stock with an approximate value of $654.62 million in CG stocks shares; and CAPITAL WORLD INVESTORS, currently with $473.23 million in CG stock with ownership of nearly -9.08% of the company’s market capitalization.

Positions in The Carlyle Group Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 242 institutional holders increased their position in The Carlyle Group Inc. [NASDAQ:CG] by around 24,632,523 shares. Additionally, 205 investors decreased positions by around 20,576,120 shares, while 56 investors held positions by with 149,052,455 shares. The mentioned changes placed institutional holdings at 194,261,098 shares, according to the latest SEC report filing. CG stock had 57 new institutional investments in for a total of 9,401,774 shares, while 75 institutional investors sold positions of 5,075,349 shares during the same period.


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