Carlisle Companies Incorporated (NYSE:CSL) Receives $401.17 Consensus Target Price from Analysts

Shares of Carlisle Companies Incorporated (NYSE:CSLGet Free Report) have received an average recommendation of “Moderate Buy” from the ten analysts that are currently covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $401.1667.

A number of research firms have commented on CSL. Truist Financial decreased their price target on Carlisle Companies from $360.00 to $340.00 and set a “hold” rating on the stock in a research note on Tuesday, July 7th. Robert W. Baird set a $412.00 price objective on Carlisle Companies in a research note on Thursday, July 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Carlisle Companies in a report on Wednesday, June 24th. Raymond James Financial started coverage on Carlisle Companies in a research note on Monday, April 27th. They set an “outperform” rating and a $425.00 target price on the stock. Finally, Oppenheimer raised their target price on Carlisle Companies from $420.00 to $425.00 and gave the company an “outperform” rating in a report on Friday, April 24th.

Read Our Latest Report on Carlisle Companies

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. BOK Financial Private Wealth Inc. purchased a new stake in Carlisle Companies during the 4th quarter worth approximately $27,000. Signature Equity Partners LLC grew its stake in shares of Carlisle Companies by 3,133.3% in the first quarter. Signature Equity Partners LLC now owns 97 shares of the conglomerate’s stock worth $32,000 after acquiring an additional 94 shares in the last quarter. Torren Management LLC purchased a new stake in shares of Carlisle Companies during the fourth quarter worth $33,000. Allied Private Wealth LLC purchased a new position in Carlisle Companies in the second quarter valued at $33,000. Finally, Osterweis Capital Management Inc. purchased a new stake in Carlisle Companies during the 2nd quarter worth about $36,000. Institutional investors and hedge funds own 89.52% of the company’s stock.

Carlisle Companies Price Performance

Shares of CSL opened at $385.70 on Friday. Carlisle Companies has a 1-year low of $293.43 and a 1-year high of $432.91. The stock has a market cap of $15.32 billion, a PE ratio of 22.13, a P/E/G ratio of 1.21 and a beta of 0.85. The firm has a 50-day simple moving average of $350.97 and a two-hundred day simple moving average of $356.52. The company has a debt-to-equity ratio of 1.78, a current ratio of 2.60 and a quick ratio of 2.04.

Carlisle Companies (NYSE:CSLGet Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The conglomerate reported $7.03 EPS for the quarter, topping the consensus estimate of $6.35 by $0.68. The firm had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.48 billion. Carlisle Companies had a net margin of 14.21% and a return on equity of 47.58%. The business’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the prior year, the business posted $6.27 EPS. As a group, analysts forecast that Carlisle Companies will post 21.21 EPS for the current year.

Carlisle Companies Company Profile

(Get Free Report)

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company’s operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.

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Analyst Recommendations for Carlisle Companies (NYSE:CSL)

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