CG has 36-month beta value of 1.72. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 2 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for CG is 205.22M, and currently, short sellers hold a 8.30% ratio of that float. The average trading volume of CG on October 16, 2024 was 2.46M shares.
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CG) stock’s latest price update
Carlyle Group Inc (NASDAQ: CG)’s stock price has decreased by -0.04 compared to its previous closing price of 48.62. However, the company has seen a 4.14% increase in its stock price over the last five trading sessions. seekingalpha.com reported 2024-10-12 that Carlyle Secured Lending’s merger with CSL III promises higher net investment income, improved liquidity, and better diversification, appealing to passive income investors. The stock trades at a 1% premium to NAV, with potential for re-rating if merger synergies are realized. Despite a 100% floating-rate portfolio, Carlyle Secured Lending’s dividend coverage remains strong, with both base and special dividends well-covered.
CG’s Market Performance
Carlyle Group Inc (CG) has experienced a 4.14% rise in stock performance for the past week, with a 18.31% rise in the past month, and a 6.88% rise in the past quarter. The volatility ratio for the week is 2.45%, and the volatility levels for the past 30 days are at 2.71% for CG. The simple moving average for the last 20 days is 8.04% for CG stock, with a simple moving average of 13.11% for the last 200 days.
Analysts’ Opinion of CG
Many brokerage firms have already submitted their reports for CG stocks, with Wells Fargo repeating the rating for CG by listing it as a “Equal Weight.” The predicted price for CG in the upcoming period, according to Wells Fargo is $42 based on the research report published on September 12, 2024 of the current year 2024.
Redburn Atlantic, on the other hand, stated in their research note that they expect to see CG reach a price target of $55. The rating they have provided for CG stocks is “Buy” according to the report published on August 27th, 2024.
JP Morgan gave a rating of “Neutral” to CG, setting the target price at $44 in the report published on August 06th of the current year.
CG Trading at 16.32% from the 50-Day Moving Average
After a stumble in the market that brought CG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.56% of loss for the given period.
Volatility was left at 2.71%, however, over the last 30 days, the volatility rate increased by 2.45%, as shares surge +15.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.80% upper at present.
During the last 5 trading sessions, CG rose by +4.14%, which changed the moving average for the period of 200-days by +16.55% in comparison to the 20-day moving average, which settled at $44.98. In addition, Carlyle Group Inc saw 19.44% 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 CG starting from Carlyle Group Inc., who sale 250,000 shares at the price of $2.23 back on Oct 14 ’24. After this action, Carlyle Group Inc. now owns 2,905,461 shares of Carlyle Group Inc, valued at $558,475 using the latest closing price.
Carlyle Group Inc., the 10% Owner of Carlyle Group Inc, sale 92,905 shares at $2.27 during a trade that took place back on Oct 11 ’24, which means that Carlyle Group Inc. is holding 3,155,461 shares at $211,257 based on the most recent closing price.
Stock Fundamentals for CG
Current profitability levels for the company are sitting at:
- -0.11 for the present operating margin
- 0.31 for the gross margin
The net margin for Carlyle Group Inc stands at -0.12. The total capital return value is set at -0.02. Equity return is now at value -7.22, with -1.82 for asset returns.
Based on Carlyle Group Inc (CG), the company’s capital structure generated 0.67 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 2.0. The interest coverage ratio of the stock is -0.74.
Currently, EBITDA for the company is -282.7 million with net debt to EBITDA at -31.56. When we switch over and look at the enterprise to sales, we see a ratio of 7.92. The receivables turnover for the company is 0.49for trailing twelve months and the total asset turnover is 0.15.
Conclusion
To put it simply, Carlyle Group Inc (CG) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
