Shares of Carlisle Companies Incorporated (NYSE:CSL) have been assigned an average recommendation of “Buy” from the seven research firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $201.80.
A number of equities research analysts recently commented on CSL shares. BMO Capital Markets restated a “buy” rating on shares of Carlisle Companies in a research report on Monday, June 28th. Longbow Research restated a “neutral” rating on shares of Carlisle Companies in a research report on Monday, April 19th. Loop Capital raised their price objective on shares of Carlisle Companies from $184.00 to $205.00 and gave the company a “buy” rating in a research report on Monday, April 26th. Northcoast Research upgraded shares of Carlisle Companies from a “neutral” rating to a “buy” rating and set a $230.00 price objective for the company in a research report on Wednesday, June 30th. Finally, Zacks Investment Research downgraded shares of Carlisle Companies from a “hold” rating to a “sell” rating and set a $199.00 price objective for the company. in a research report on Monday, June 28th.
In other Carlisle Companies news, CFO Robert M. Roche sold 12,680 shares of Carlisle Companies stock in a transaction that occurred on Wednesday, May 26th. The shares were sold at an average price of $192.13, for a total value of $2,436,208.40. Following the completion of the sale, the chief financial officer now directly owns 25,487 shares of the company’s stock, valued at approximately $4,896,817.31. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.68% of the stock is currently owned by insiders.
Shares of NYSE CSL traded down $1.32 during midday trading on Friday, reaching $196.58. 1,919 shares of the company were exchanged, compared to its average volume of 341,880. The company has a current ratio of 3.25, a quick ratio of 2.45 and a debt-to-equity ratio of 0.86. Carlisle Companies has a 1 year low of $115.54 and a 1 year high of $200.64. The company’s fifty day moving average is $190.66. The company has a market capitalization of $10.26 billion, a PE ratio of 34.65, a P/E/G ratio of 1.51 and a beta of 1.03.
Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Wednesday, April 21st. The conglomerate reported $1.47 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.78. The firm had revenue of $1.03 billion for the quarter, compared to analyst estimates of $970.33 million. Carlisle Companies had a return on equity of 14.26% and a net margin of 7.32%. The business’s revenue was up .0% on a year-over-year basis. During the same quarter last year, the company posted $1.09 earnings per share. As a group, equities research analysts predict that Carlisle Companies will post 8.69 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 1st. Shareholders of record on Monday, May 17th were paid a $0.525 dividend. The ex-dividend date of this dividend was Friday, May 14th. This represents a $2.10 annualized dividend and a yield of 1.07%. Carlisle Companies’s payout ratio is currently 33.23%.
About Carlisle Companies
Carlisle Companies Incorporated operates as a diversified manufacturer of engineered products in the United States, Europe, Asia, Canada, Mexico, the Middle East, Africa, and internationally. It operates through four segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, Carlisle Fluid Technologies, and Carlisle Brake & Friction.
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