Carlisle Companies, Inc. (NYSE:CSL) has earned an average recommendation of “Hold” from the ten ratings firms that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $123.17.
CSL has been the subject of several research reports. FBR & Co set a $125.00 price target on Carlisle Companies and gave the stock a “buy” rating in a report on Wednesday, October 25th. SunTrust Banks lifted their price target on Carlisle Companies to $126.00 and gave the stock a “buy” rating in a report on Wednesday, October 25th. Robert W. Baird restated a “buy” rating on shares of Carlisle Companies in a research note on Wednesday, October 4th. BMO Capital Markets restated a “buy” rating and set a $130.00 price objective on shares of Carlisle Companies in a research note on Friday, September 22nd. Finally, B. Riley restated a “buy” rating on shares of Carlisle Companies in a research note on Wednesday, November 1st.
Institutional investors have recently bought and sold shares of the business. Cetera Investment Advisers bought a new position in Carlisle Companies during the 2nd quarter worth $256,000. AMP Capital Investors Ltd increased its stake in shares of Carlisle Companies by 45.7% in the 3rd quarter. AMP Capital Investors Ltd now owns 15,100 shares of the conglomerate’s stock valued at $1,514,000 after purchasing an additional 4,736 shares during the last quarter. Stifel Financial Corp increased its stake in shares of Carlisle Companies by 372.9% in the 2nd quarter. Stifel Financial Corp now owns 90,350 shares of the conglomerate’s stock valued at $8,610,000 after purchasing an additional 71,246 shares during the last quarter. Victory Capital Management Inc. increased its stake in shares of Carlisle Companies by 7.2% in the 3rd quarter. Victory Capital Management Inc. now owns 1,162,395 shares of the conglomerate’s stock valued at $116,576,000 after purchasing an additional 78,516 shares during the last quarter. Finally, State of Wisconsin Investment Board increased its stake in shares of Carlisle Companies by 4.4% in the 3rd quarter. State of Wisconsin Investment Board now owns 172,852 shares of the conglomerate’s stock valued at $17,335,000 after purchasing an additional 7,315 shares during the last quarter. Hedge funds and other institutional investors own 88.91% of the company’s stock.
Shares of Carlisle Companies (NYSE CSL) opened at $116.34 on Friday. The firm has a market capitalization of $7,187.32, a P/E ratio of 23.04, a P/E/G ratio of 1.18 and a beta of 0.88. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.43 and a current ratio of 2.14. Carlisle Companies has a fifty-two week low of $92.09 and a fifty-two week high of $119.21.
Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Tuesday, October 24th. The conglomerate reported $1.37 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.35 by $0.02. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.05 billion. Carlisle Companies had a return on equity of 14.11% and a net margin of 8.35%. The firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period last year, the firm posted $1.74 EPS. analysts predict that Carlisle Companies will post 4.89 earnings per share for the current year.
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About Carlisle Companies
Carlisle Companies Incorporated is a manufacturing company. The Company designs, manufactures and markets a range of products that serve a range of markets, including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, medical technology, transportation, general industrial, protective coatings, wood, auto refinishing, foodservice, and healthcare and sanitary maintenance.
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