rts logo

Carlyle Group Inc (CG) Is Down -0.49% in 2024 With Lots of Room to Run

Carlyle Group Inc (NASDAQ: CG) is -0.49% lower on its value in year-to-date trading and has touched a low of $27.13 and a high of $48.52 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CG stock was last observed hovering at around $40.29 in the last trading session, with the day’s gains setting it 0.2%.

Currently trading at $40.49, the stock is 0.97% and -3.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.93 million and changing 0.50% at the moment leaves the stock 2.93% off its SMA200. CG registered 29.73% gain for a year compared to 6-month gain of 3.98%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a -5.53% loss in the last 1 month and extending the period to 3 months gives it a -14.13%, and is 0.85% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.88% over the week and 2.32% over the month.

Carlyle Group Inc (CG) has around 2200 employees, a market worth around $14.57B and $3.13B in sales. Fwd P/E is 9.05. Profit margin for the company is -20.58%. Distance from 52-week low is 49.24% and -16.55% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.59%).

with sales reaching $925.37M over the same period.The EPS is expected to grow by 20.46% this year, but quarterly earnings will post 18.40% year-over-year. Quarterly sales are estimated to shrink -5.40% in year-over-year returns.

Carlyle Group Inc (CG) Top Institutional Holders

The shares outstanding are 361.33M, and float is at 208.69M with Short Float at 8.03%.

Carlyle Group Inc (CG) Insider Activity

The most recent transaction is an insider sale by Carlyle Group Inc.,the company’s10% Owner. SEC filings show that Carlyle Group Inc. sold 50,739 shares of the company’s common stock on Jul 05 ’24 at a price of $31.15 per share for a total of $1.58 million. Following the sale, the insider now owns 11.25 million shares.

Carlyle Group Inc disclosed in a document filed with the SEC on Jul 03 ’24 that Carlyle Group Inc. (10% Owner) sold a total of 52,724 shares of the company’s common stock. The trade occurred on Jul 03 ’24 and was made at $30.87 per share for $1.63 million. Following the transaction, the insider now directly holds 11.3 million shares of the CG stock.

Still, SEC filings show that on Jul 02 ’24, Carlyle Group Inc. (10% Owner) disposed off 86,454 shares at an average price of $31.36 for $2.71 million. The insider now directly holds 11,353,187 shares of Carlyle Group Inc (CG).

Related Posts