The Carlyle Group (NASDAQ:CG) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, February 7th. Analysts expect The Carlyle Group to post earnings of $0.45 per share for the quarter.
The Carlyle Group (NASDAQ CG) opened at $25.55 on Monday. The stock has a market capitalization of $8,680.00, a price-to-earnings ratio of 14.04 and a beta of 1.70. The company has a debt-to-equity ratio of 2.23, a current ratio of 1.27 and a quick ratio of 1.23. The Carlyle Group has a 12-month low of $15.45 and a 12-month high of $25.90.
In other The Carlyle Group news, Director Edward J. Mathias sold 17,133 shares of the 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 sale was disclosed in a filing with the SEC, which is available through this link.
Several brokerages have weighed in on CG. Oppenheimer reaffirmed a “buy” rating on shares of The Carlyle Group in a research report on Tuesday, October 31st. JPMorgan Chase & Co. cut their price target on The Carlyle Group from $28.00 to $26.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 1st. BidaskClub raised The Carlyle Group from a “hold” rating to a “buy” rating in a research report on Thursday, January 11th. Credit Suisse Group cut their price target on The Carlyle Group from $26.00 to $25.00 and set an “outperform” rating on the stock in a research report on Thursday, November 2nd. Finally, TheStreet raised The Carlyle Group from a “d+” rating to a “c” rating in a research report on Tuesday, October 31st. Five analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $24.89.
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The Carlyle Group Company Profile
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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