News stories about The Carlyle Group (NASDAQ:CG) have been trending positive recently, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. The Carlyle Group earned a media sentiment score of 0.29 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 44.5397272982646 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
CG has been the subject of a number of research reports. Credit Suisse Group reiterated a “buy” rating and issued a $26.00 price objective on shares of The Carlyle Group in a research report on Friday, September 22nd. Citigroup lowered The Carlyle Group from a “buy” rating to a “neutral” rating and set a $25.50 price objective for the company. in a research report on Tuesday, October 10th. Morgan Stanley set a $28.00 price objective on The Carlyle Group and gave the stock a “buy” rating in a research report on Monday, December 4th. BidaskClub lowered The Carlyle Group from a “buy” rating to a “hold” rating in a research report on Thursday, October 26th. Finally, Zacks Investment Research cut The Carlyle Group from a “buy” rating to a “hold” rating in a report on Friday, October 6th. Four equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $24.89.
Shares of The Carlyle Group (CG) traded up $0.60 on Friday, reaching $25.30. The company’s stock had a trading volume of 732,410 shares, compared to its average volume of 528,801. The company has a debt-to-equity ratio of 2.23, a quick ratio of 1.23 and a current ratio of 1.27. The Carlyle Group has a 12-month low of $15.45 and a 12-month high of $25.50. The company has a market capitalization of $2,474.49, a PE ratio of 14.38 and a beta of 1.79.
The Carlyle Group (NASDAQ:CG) last issued its earnings results on Tuesday, October 31st. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.08. The Carlyle Group had a return on equity of 43.32% and a net margin of 5.43%. The firm had revenue of $639.90 million for the quarter, compared to analysts’ expectations of $668.32 million. During the same quarter last year, the business earned $0.66 earnings per share. equities analysts expect that The Carlyle Group will post 2.99 earnings per share for the current fiscal year.
In other news, Director Edward J. Mathias sold 17,133 shares of The Carlyle Group stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $21.21, for a total transaction of $363,390.93. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
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About The Carlyle Group
The Carlyle Group L.P. is a diversified multi-product global alternative asset management firm. The Company operates in four segments: Corporate Private Equity (CPE), Real Assets, Global Market Strategies (GMS) and Investment Solutions. Corporate Private Equity advises its buyout and growth capital funds, which pursue various corporate investments of different sizes and growth potentials.
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