The Carlyle Group L.P. (NASDAQ:CG) stock went on a downward path that fall over -0.38% on Tuesday, amounting to a one-week price increase of more than 1.46%. Over the last 12 months, CG stock rose by 10.23%. The one-year CG stock forecast points to a potential downside of -0.05, with the average price target set at $27.92 per share. The average equity rating for CG stock is currently 2.20, trading closer to a bullish pattern in the stock market.
The market cap for CG stock reached $9.01 billion, with 341.36 million shares outstanding and 336.65 million shares in the current float. Compared to the average trading volume of 1.18M shares, CG reached a trading volume of 1,478,619 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on The Carlyle Group L.P. (CG):
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CG shares is $27.62 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 2.20. 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.
BofA/Merrill have made an estimate for The Carlyle Group L.P. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on Sep-23-19. While these analysts kept the previous recommendation, Barclays raised their target price to Equal Weight. The new note on the price target was released on Aug-05-19, representing the official price target for The Carlyle Group L.P. stock. Previously, the target price had yet another raise to $22, while Credit Suisse analysts kept a Neutral rating on CG stock. On Mar-29-19, analysts decreased their price target for CG shares from 23 to 20.
The Average True Range (ATR) for The Carlyle Group L.P. is set at 0.76, with the Price to Sales ratio for CG stock in the period of the last 12 months amounting to 3.03. The Price to Book ratio for the last quarter was 3.46, with the Price to Cash per share for the same quarter was set at 2.59. Price to Free Cash Flow for CG in the course of the last twelve months was 31.74.
CG Stock Performance Analysis:
The Carlyle Group L.P. (CG) gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.46. With this latest performance, CG shares gained by 19.89% in over the last four-week period, additionally plugging by 43.63% over the last 6 months – not to mention a rise of 10.23% 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 65.49, with the RSI for the last a single of trading hit 72.26, and the three-weeks RSI is set at 65.24 for The Carlyle Group L.P. (CG). The present Moving Average for the last 50 days of trading for this stock 23.76, while it was recorded at 26.44 for the last single week of trading, and 20.46 for the last 200 days.
Insight into The Carlyle Group L.P. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and The Carlyle Group L.P. (CG) shares currently have an operating margin of +14.38 and a Gross Margin at +76.82. The Carlyle Group L.P.’s Net Margin is presently recorded at +4.59.
Return on Total Capital for CG is now 4.04, given the latest momentum, and Return on Invested Capital for the company is 1.66. Return on Equity for this stock inclined to 11.68, with Return on Assets sitting at 0.92. When it comes to the capital structure of this company, The Carlyle Group L.P. (CG) has a Total Debt to Total Equity ratio set at 653.69. Additionally, CG Total Debt to Total Capital is recorded at 86.73, with Total Debt to Total Assets ending up at 49.48. Long-Term Debt to Equity for the company is recorded at 1,063.45, with the Long-Term Debt to Total Capital now at 85.17.
Reflecting on the efficiency of the workforce at the company, The Carlyle Group L.P. (CG) managed to generate an average of $70,606 per employee. Receivables Turnover for the company is 0.63 with a Total Asset Turnover recorded at a value of 0.20.
CG Stock EPS
With the latest financial reports released by the company, The Carlyle Group L.P. posted 0.25/share EPS, while the average EPS was predicted by analysts to be reported at 0.51/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -51.00%. 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 L.P. go to -9.18%.
The Carlyle Group L.P. (CG) Insider Position Details
There are presently around $1,300 million, or 46.90% of CG stock, in the hands of institutional investors. The top three institutional holders of CG stocks are: ADVANTAGE INVESTMENT MANAGEMENT, LLC with ownership of 300, which is approximately 0% of the company’s market cap and around 3.40% of the total institutional ownership; ADVISOR GROUP, INC., holding 2,592 shares of the stock with an approximate value of $69000 in CG stocks shares; and ADVISORNET FINANCIAL, INC, currently with $175000 in CG stock with ownership of nearly 0% of the company’s market capitalization.
Positions in The Carlyle Group L.P. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 66 institutional holders increased their position in The Carlyle Group L.P. (NASDAQ:CG) by around 6,987,229 shares. Additionally, 64 investors decreased positions by around 3,867,465 shares, while 39 investors held positions by with 38,204,626 shares. The mentioned changes placed institutional holdings at 49,059,320 shares, according to the latest SEC report filing. CG stock had 18 new institutional investments in for a total of 1,416,467 shares, while 21 institutional investors sold positions of 492,883 shares during the same period.