Carlyle Group Inc [NASDAQ: CG] stock went on an upward path that rose over 3.05% on Thursday, amounting to a one-week price increase of more than 3.33%.
Over the last 12 months, CG stock rose by 64.51%. The one-year Carlyle Group Inc stock forecast points to a potential upside of 5.63. The average equity rating for CG stock is currently 2.45, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $18.88 billion, with 361.33 million shares outstanding and 206.45 million shares in the current float. Compared to the average trading volume of 2.48M shares, CG stock reached a trading volume of 4177461 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $55.94 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 2.45. 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.
Wells Fargo have made an estimate for Carlyle Group Inc shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on September 12, 2024. While these analysts kept the previous recommendation, Redburn Atlantic raised their target price to Buy. The new note on the price target was released on August 27, 2024, representing the official price target for Carlyle Group Inc stock. Previously, the target price had yet another drop from $46 to $44, while JP Morgan kept a Neutral rating on CG stock. On January 19, 2024, analysts increased their price target for CG shares from 40 to 41.
The Average True Range (ATR) for Carlyle Group Inc is set at 1.58, with the Price to Sales ratio for CG stock in the period of the last 12 months amounting to 3.63. The Price to Book ratio for the last quarter was 3.40, with the Price to Cash per share for the same quarter was set at 5.22. Price to Free Cash Flow for CG in the course of the last twelve months was 15.80.
CG Stock Performance Analysis:
Carlyle Group Inc [CG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.33. With this latest performance, CG shares gained by 7.19% in over the last four-week period, additionally plugging by 20.09% over the last 6 months – not to mention a rise of 64.51% 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 61.47, with the RSI for the last a single of trading hit 62.65, and the three-weeks RSI is set at 61.26 for Carlyle Group Inc [CG]. The present Moving Average for the last 50 days of trading for this stock 48.03, while it was recorded at 51.30 for the last single week of trading, and 44.46 for the last 200 days.
CG Stock EPS
With the latest financial reports released by the company, Carlyle Group Inc posted 0.86/share EPS, while the average EPS was predicted by analysts to be reported at 0.78/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.08. 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 10.12%.
Carlyle Group Inc [CG] Institutonal Ownership Details
There are presently around $59.37%, or 82.06%% of CG stock, in the hands of institutional investors. The top three institutional holders of CG stocks are: VANGUARD GROUP INC with ownership of 23.34 million shares, which is approximately 6.4664%. BLACKROCK INC., holding 22.71 million shares of the stock with an approximate value of $$911.7 million in CG stocks shares; and BLACKROCK INC., currently with $$804.8 million in CG stock with ownership which is approximately 5.5541%.
