In the past week, CSL stock has gone up by 9.73%, with a monthly gain of 3.74% and a quarterly surge of 30.45%. The volatility ratio for the week is 2.71%, and the volatility levels for the last 30 days are 2.12% for Carlisle Companies Inc. The simple moving average for the past 20 days is 5.45% for CSL’s stock, with a 32.95% simple moving average for the past 200 days.
Is It Worth Investing in Carlisle Companies Inc. (NYSE: CSL) Right Now?
The price-to-earnings ratio for Carlisle Companies Inc. (NYSE: CSL) is above average at 29.76x, Company’s 36-month beta value is 0.91.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for CSL is 47.42M, and currently, short sellers hold a 1.19% ratio of that floaft. The average trading volume of CSL on April 26, 2024 was 293.40K shares.
CSL) stock’s latest price update
Carlisle Companies Inc. (NYSE: CSL)’s stock price has soared by 5.53 in relation to previous closing price of 382.03. Nevertheless, the company has seen a gain of 9.73% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-26 that Carlisle (CSL) first-quarter 2024 results benefit from higher revenues across the Carlisle Construction Materials segment.
Analysts’ Opinion of CSL
Many brokerage firms have already submitted their reports for CSL stocks, with Goldman repeating the rating for CSL by listing it as a “Buy.” The predicted price for CSL in the upcoming period, according to Goldman is $455 based on the research report published on April 03, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see CSL reach a price target of $290, previously predicting the price at $325. The rating they have provided for CSL stocks is “Hold” according to the report published on September 26th, 2023.
Credit Suisse gave a rating of “Outperform” to CSL, setting the target price at $363 in the report published on October 14th of the previous year.
CSL Trading at 9.00% from the 50-Day Moving Average
After a stumble in the market that brought CSL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.07% of loss for the given period.
Volatility was left at 2.12%, however, over the last 30 days, the volatility rate increased by 2.71%, as shares surge +3.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.18% upper at present.
During the last 5 trading sessions, CSL rose by +9.86%, which changed the moving average for the period of 200-days by +52.90% in comparison to the 20-day moving average, which settled at $382.92. In addition, Carlisle Companies Inc. saw 29.04% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CSL starting from KOCH D CHRISTIAN, who sale 719 shares at the price of $350.00 back on Feb 22 ’24. After this action, KOCH D CHRISTIAN now owns 86,652 shares of Carlisle Companies Inc., valued at $251,650 using the latest closing price.
KOCH D CHRISTIAN, the Chair, President & CEO of Carlisle Companies Inc., sale 36,947 shares at $347.54 during a trade that took place back on Feb 21 ’24, which means that KOCH D CHRISTIAN is holding 86,652 shares at $12,840,560 based on the most recent closing price.
Stock Fundamentals for CSL
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.35 for the gross margin
The net margin for Carlisle Companies Inc. stands at 0.13. The total capital return value is set at 0.18. Equity return is now at value 25.55, with 10.81 for asset returns.
Based on Carlisle Companies Inc. (CSL), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.53. The debt to equity ratio resting at 0.82. The interest coverage ratio of the stock is 12.85.
Currently, EBITDA for the company is 1.19 billion with net debt to EBITDA at 1.65. When we switch over and look at the enterprise to sales, we see a ratio of 4.12. The receivables turnover for the company is 8.28for trailing twelve months and the total asset turnover is 0.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.87.
Conclusion
In a nutshell, Carlisle Companies Inc. (CSL) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
