Carlisle Companies, Inc. (CSL) Expected to Announce Earnings of $0.99 Per Share

Brokerages forecast that Carlisle Companies, Inc. (NYSE:CSL) will report earnings of $0.99 per share for the current fiscal quarter, according to Zacks. Four analysts have made estimates for Carlisle Companies’ earnings, with estimates ranging from $0.84 to $1.15. Carlisle Companies reported earnings of $1.32 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 25%. The company is expected to report its next earnings results after the market closes on Thursday, February 8th.

On average, analysts expect that Carlisle Companies will report full year earnings of $4.89 per share for the current year, with EPS estimates ranging from $4.73 to $5.04. For the next year, analysts expect that the firm will report earnings of $6.03 per share, with EPS estimates ranging from $5.80 to $6.27. Zacks’ EPS calculations are an average based on a survey of analysts that cover Carlisle Companies.

Several research analysts recently weighed in on the stock. B. Riley restated a “buy” rating on shares of Carlisle Companies in a research report on Wednesday, November 1st. FBR & Co set a $125.00 price objective on shares of Carlisle Companies and gave the stock a “buy” rating in a research note on Wednesday, October 25th. Zacks Investment Research downgraded shares of Carlisle Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, January 9th. Oppenheimer reaffirmed a “hold” rating on shares of Carlisle Companies in a report on Wednesday, October 25th. Finally, Robert W. Baird upped their target price on shares of Carlisle Companies from $110.00 to $118.00 and gave the company an “outperform” rating in a report on Wednesday, October 25th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $123.25.

Shares of Carlisle Companies (CSL) traded down $2.38 on Friday, hitting $107.96. The stock had a trading volume of 299,147 shares, compared to its average volume of 403,542. The firm has a market cap of $7,083.79, a P/E ratio of 21.85, a P/E/G ratio of 1.16 and a beta of 0.79. The company has a quick ratio of 1.43, a current ratio of 2.14 and a debt-to-equity ratio of 0.32. Carlisle Companies has a fifty-two week low of $92.09 and a fifty-two week high of $119.21.

Institutional investors have recently added to or reduced their stakes in the business. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Carlisle Companies during the 3rd quarter worth approximately $100,000. Toronto Dominion Bank acquired a new stake in Carlisle Companies in the third quarter valued at approximately $126,000. Cerebellum GP LLC acquired a new stake in Carlisle Companies in the fourth quarter valued at approximately $128,000. Marble Harbor Investment Counsel LLC acquired a new stake in Carlisle Companies in the third quarter valued at approximately $201,000. Finally, Creative Planning acquired a new stake in Carlisle Companies in the fourth quarter valued at approximately $221,000. 88.45% of the stock is currently owned by hedge funds and other institutional investors.

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Carlisle Companies Company Profile

Carlisle Companies Incorporated is a manufacturing company. The Company designs, manufactures and markets a range of products that serve a range of markets, including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, medical technology, transportation, general industrial, protective coatings, wood, auto refinishing, foodservice, and healthcare and sanitary maintenance.

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Earnings History and Estimates for Carlisle Companies (NYSE:CSL)

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