Carlyle Group Inc [NASDAQ: CG] slipped around -0.95 points on Thursday, while shares priced at $43.68 at the close of the session, down -2.13%.
Compared to the average trading volume of 2.31M shares, CG reached a trading volume of 2776111 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about 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 $52.47 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 2.39. 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.
Citigroup have made an estimate for Carlyle Group Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 19, 2024. While these analysts kept the previous recommendation, TD Cowen raised their target price to Market Perform. The new note on the price target was released on January 04, 2024, representing the official price target for Carlyle Group Inc stock. Previously, the target price had yet another raise to $32, while Evercore ISI analysts kept a In-line rating on CG stock.
The Average True Range (ATR) for Carlyle Group Inc is set at 1.09, with the Price to Sales ratio for CG stock in the period of the last 12 months amounting to 4.87. The Price to Book ratio for the last quarter was 3.04, with the Price to Cash per share for the same quarter was set at 4.94. Price to Free Cash Flow for CG in the course of the last twelve months was 18.08.
How has CG stock performed recently?
Carlyle Group Inc [CG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.52. With this latest performance, CG shares dropped by -3.36% in over the last four-week period, additionally plugging by 45.21% over the last 6 months – not to mention a rise of 40.54% 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 34.05, with the RSI for the last a single of trading hit 24.38, and the three-weeks RSI is set at 41.08 for Carlyle Group Inc [CG]. The present Moving Average for the last 50 days of trading for this stock 45.78, while it was recorded at 44.89 for the last single week of trading, and 36.78 for the last 200 days.
Earnings analysis for Carlyle Group Inc [CG]
With the latest financial reports released by the company, Carlyle Group Inc posted 0.63/share EPS, while the average EPS was predicted by analysts to be reported at 0.69/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -8.70%. 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 Carlyle Group Inc go to 13.49%.
Insider trade positions for Carlyle Group Inc [CG]
The top three institutional holders of CG stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in CG stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in CG stock with ownership which is approximately 5.8386%.
