Stock Rating Upgrade
During the last several trading days the Value Trend Rating for Carlisle Cos Inc (NYSE: CSL) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 3/1/24, Carlisle Cos Inc (NYSE: CSL) stock declined slightly by -0.8%, closing at $347.10. Moreover, this decline was accompanied by unusually high trading volume at 152% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -1.6% during the last week.
Current PriceTarget Research Rating
CSL is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Carlisle has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Carlisle has a poor Appreciation Score of 30 but a very high Power Rating of 99, leading to the Positive Value Trend Rating.
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