In yesterday’s Wall Street session, Carlyle Group Inc (NASDAQ:CG) shares traded at $43.46, up 2.99% from the previous session.
CG stock price is now -13.57% away from the 50-day moving average and -7.13% away from the 200-day moving average. The market capitalization of the company currently stands at $15.70B.
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On January 03, 2025, Wolfe Research Upgraded its previous ‘Peer Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $60, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, Ferguson Jeffrey W., General Counsel sold 147,658 shares of the company’s stock on Feb 19 ’25. The stock was sold for $7,819,968 at an average price of $52.96. Upon completion of the transaction, the General Counsel now directly owns 1,095,123 shares in the company, valued at $47.59 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 18 ’25, General Counsel Ferguson Jeffrey W. sold 102,342 shares of the business’s stock. A total of $5,444,594 was realized by selling the stock at an average price of $53.20. This leaves the insider owning 1,242,781 shares of the company worth $54.01 million. A total of 29.32% of the company’s stock is owned by insiders.
During the past 12 months, Carlyle Group Inc has had a low of $36.65 and a high of $57.50. According to the stock market information, the enterprise value for the company is $22923812864, which is based on a 15.62 price-to-earnings ratio, a 1.24 price-to-earnings-growth ratio, and a beta of 1.72. The fifty day moving average price for CG is $50.2858 and a two-hundred day moving average price translates $46.7956 for the stock.
The latest earnings results from Carlyle Group Inc (NASDAQ: CG) was released for 2024-12-31. The net profit margin was 19.28% and return on equity was 18.90% for CG. The company reported revenue of $1.03 billion for the quarter, compared to $926.2 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.48 percent.
