Carlyle Group Inc (NASDAQ: CG)’s stock price has decreased by -1.60 compared to its previous closing price of 54.39. However, the company has seen a 4.65% increase in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-26 that Carlyle Secured Lending Inc. is an overlooked small-cap business development company, or BDC, with solid fundamentals, poised for growth post-merger despite recent earnings misses. The BDC’s dividend coverage remains strong at 109%, with a 9.4% yield, making it attractive for income investors in an expensive market. Carlyle’s balance sheet is robust, with low leverage, strong liquidity, and investment-grade credit ratings, positioning it well for future challenges.
Is It Worth Investing in Carlyle Group Inc (NASDAQ: CG) Right Now?
Carlyle Group Inc (NASDAQ: CG) has a higher price-to-earnings ratio of 180.45x compared to its average ratio, The 36-month beta value for CG is at 1.69. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 3 rating it as “overweight,” 11 as “hold,” and 0 as “sell.”
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The public float for CG is 249.98M, and currently, shorts hold a 3.92% of that float. The average trading volume for CG on November 27, 2024 was 2.49M shares.
CG’s Market Performance
CG stock saw an increase of 4.65% in the past week, with a monthly gain of 5.11% and a quarterly increase of 33.37%. The volatility ratio for the week is 2.53%, and the volatility levels for the last 30 days are 2.91% for Carlyle Group Inc (CG). The simple moving average for the last 20 days is 3.47% for CG stock, with a simple moving average of 20.03% 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 9.68% 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 -2.89% of loss for the given period.
Volatility was left at 2.91%, however, over the last 30 days, the volatility rate increased by 2.53%, as shares surge +4.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.46% upper at present.
During the last 5 trading sessions, CG rose by +4.65%, which changed the moving average for the period of 200-days by +18.12% in comparison to the 20-day moving average, which settled at $51.73. In addition, Carlyle Group Inc saw 31.53% 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 8,260,183 shares at the price of $35.31 back on Nov 21 ’24. After this action, Carlyle Group Inc. now owns 0 shares of Carlyle Group Inc, valued at $291,700,102 using the latest closing price.
D’Aniello Daniel A., the Director of Carlyle Group Inc, sale 495,542 shares at $51.53 during a trade that took place back on Nov 12 ’24, which means that D’Aniello Daniel A. is holding 0 shares at $25,536,924 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 3.97. The receivables turnover for the company is 5.91for trailing twelve months and the total asset turnover is 0.2.
Conclusion
In conclusion, Carlyle Group Inc (CG) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
