The stock price of Carlyle Group Inc (NASDAQ: CG) has surged by 0.55 when compared to previous closing price of 50.86, but the company has seen a -2.16% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-19 that MCLEAN, Va., Nov. 19, 2024 (GLOBE NEWSWIRE) — Acentra Health, a technology and health solutions and services company dedicated to accelerating better outcomes for government healthcare agencies and the priority populations they serve, announced that Harish Nanda, the company’s Chief Technology Officer, has been named a 2024 NVTC Tech100 Tech Executive honoree by the Northern Virginia Technology Council (NVTC).
Is It Worth Investing in Carlyle Group Inc (NASDAQ: CG) Right Now?
The price-to-earnings ratio for Carlyle Group Inc (NASDAQ: CG) is above average at 172.42x, Company’s 36-month beta value is 1.68.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 3 as “overweight,” 10 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for CG is 206.45M, and currently, short sellers hold a 4.74% ratio of that floaft. The average trading volume of CG on November 20, 2024 was 2.47M shares.
CG’s Market Performance
CG’s stock has seen a -2.16% decrease for the week, with a -0.37% drop in the past month and a 27.34% gain in the past quarter. The volatility ratio for the week is 2.60%, and the volatility levels for the past 30 days are at 2.84% for Carlyle Group Inc The simple moving average for the last 20 days is 0.22% for CG stock, with a simple moving average of 15.28% 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 7.71% 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 -6.20% of loss for the given period.
Volatility was left at 2.84%, however, over the last 30 days, the volatility rate increased by 2.60%, as shares surge +2.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +35.26% upper at present.
During the last 5 trading sessions, CG fell by -2.16%, which changed the moving average for the period of 200-days by +26.87% in comparison to the 20-day moving average, which settled at $51.03. In addition, Carlyle Group Inc saw 25.68% 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 D’Aniello Daniel A., who sale 495,542 shares at the price of $51.53 back on Nov 12 ’24. After this action, D’Aniello Daniel A. now owns 0 shares of Carlyle Group Inc, valued at $25,536,924 using the latest closing price.
Daniel A. D’Aniello, the Co-Founder and Chariman Emerit of Carlyle Group Inc, proposed sale 495,542 shares at $53.24 during a trade that took place back on Nov 12 ’24, which means that Daniel A. D’Aniello is holding shares at $26,382,656 based on the most recent closing price.
Stock Fundamentals for CG
Current profitability levels for the company are sitting at:
- -0.1 for the present operating margin
- 0.24 for the gross margin
The net margin for Carlyle Group Inc stands at 0.03. The total capital return value is set at -0.02. Equity return is now at value 2.05, with 0.54 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 3.78. The receivables turnover for the company is 5.91for trailing twelve months and the total asset turnover is 0.2.
Conclusion
In a nutshell, Carlyle Group Inc (CG) has experienced a mixed 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.
