Carlisle Companies (NYSE:CSL – Get Rating) had its price objective increased by equities researchers at Robert W. Baird from $315.00 to $320.00 in a research note issued on Wednesday, The Fly reports. The firm presently has an "outperform" rating on the conglomerate's stock. Robert W. Baird's price objective indicates a potential upside of 26.14% from the stock's previous close.
Several other equities analysts also recently commented on the company. StockNews.com upgraded Carlisle Companies from a "hold" rating to a "buy" rating in a research report on Tuesday. Credit Suisse Group lowered their price objective on Carlisle Companies from $363.00 to $350.00 and set an "outperform" rating on the stock in a research report on Monday, October 31st. Five research analysts have rated the stock with a buy rating, According to MarketBeat, Carlisle Companies has a consensus rating of "Buy" and a consensus target price of $324.17.
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Carlisle Companies Price Performance
NYSE CSL opened at $253.68 on Wednesday. The company has a market capitalization of $13.12 billion, a PE ratio of 14.45, a price-to-earnings-growth ratio of 0.67 and a beta of 0.96. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.27 and a current ratio of 1.79. The business's fifty day moving average is $243.35 and its 200 day moving average is $267.86. Carlisle Companies has a fifty-two week low of $217.92 and a fifty-two week high of $318.71.
Carlisle Companies (NYSE:CSL – Get Rating) last released its earnings results on Tuesday, February 7th. The conglomerate reported $3.92 earnings per share for the quarter, beating the consensus estimate of $3.86 by $0.06. The company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.44 billion. Carlisle Companies had a return on equity of 36.77% and a net
margin of 14.02%. Carlisle Companies's quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the business earned $2.92 earnings per share. Sell-side analysts predict that Carlisle Companies will post 21.85 earnings per share for the current year.
Institutional Investors Weigh In On Carlisle Companies
Large investors have recently made changes to their positions in the company. Hanseatic Management Services Inc. bought a new stake in shares of Carlisle Companies in the third quarter worth about $35,000. First Horizon Advisors Inc. increased its holdings in shares of Carlisle Companies by 6,250.0% in the second quarter. First Horizon Advisors Inc. now owns 127 shares of the conglomerate's stock worth $30,000 after purchasing an additional 125 shares during the last quarter. Cullen Frost Bankers Inc. bought a new stake in shares of Carlisle Companies in the third quarter worth about $36,000. CX Institutional bought a new stake in shares of Carlisle Companies in the second quarter worth about $43,000. Finally, Dupont Capital Management Corp bought a new stake in shares of Carlisle Companies in the second quarter worth about $47,000. 89.76% of the stock is owned by institutional investors.
Carlisle Companies Company Profile
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Carlisle Cos., Inc engages in the design, manufacture, and distribution of building envelope products and energy solutions. It operates through the following segments: Carlisle Construction Materials (CCM), Carlisle Interconnect Technologies (CIT), and Carlisle Fluid Technologies (CFT). The CCM segment offers a range of building envelope products for commercial, industrial, and residential buildings, including single-ply roofing, rigid foam insulation, spray polyurethane foam technologies, architectural metal, heating, ventilation and air conditioning (HVAC) hardware and sealants, below-grade waterproofing, and air and vapor barrier systems focused on the weatherproofing and thermal performance of the building envelope.
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