The Carlyle Group Inc (NASDAQ: CG) has reported earnings for its third fiscal quarter (ending September 30) of $1.67 versus $0.23 for the same period a year ago — an increase of 626%. For the latest four quarters through September 30, E.P.S. were $0.34 compared to $0.58 a year ago — a decline of -41%.
Recent Price Action
The Carlyle Group Inc (NASDAQ: CG) stock closed at $52.35 on 11/7/24 after a decline of -3.5%. Moreover, this decline was accompanied by exceptionally high trading volume at 210% of normal. The stock has risen 2.5% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
CG is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Carlyle Group has a current Value Trend Rating of C (Low Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Carlyle Group has a slightly negative Appreciation Score of 31 and a neutral Power Rating of 57, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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