The Carlyle Group (NASDAQ:CG) will be releasing its earnings data 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 $23.95 on Tuesday. The Carlyle Group has a one year low of $15.45 and a one year high of $25.90. The firm has a market cap of $8,130.00, a P/E ratio of 13.16 and a beta of 1.70. The company has a current ratio of 1.27, a quick ratio of 1.23 and a debt-to-equity ratio of 2.23.
In related news, Director Edward J. Mathias sold 17,133 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The shares were 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 Securities & Exchange Commission, which is accessible through the SEC website.
A number of brokerages have weighed in on CG. BidaskClub raised shares of The Carlyle Group from a “sell” rating to a “hold” rating in a research note on Saturday, December 9th. TheStreet raised shares of The Carlyle Group from a “d+” rating to a “c” rating in a research note on Tuesday, October 31st. Morgan Stanley set a $28.00 target price on shares of The Carlyle Group and gave the company a “buy” rating in a research note on Monday, December 4th. JPMorgan Chase & Co. decreased their target price on shares of The Carlyle Group from $28.00 to $26.00 and set an “overweight” rating for the company in a research note on Wednesday, November 1st. Finally, Citigroup downgraded shares of The Carlyle Group from a “buy” rating to a “neutral” rating and set a $25.50 target price for the company. in a research note on Tuesday, October 10th. Five equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $24.89.
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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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