There is little time left for Carlisle Companies Incorporated (CSL) to reach its 1-year target estimate. How soon will it surpass it?

Carlisle Companies Incorporated (NYSE:CSL) shares traded -6.19% lower at $222.63 on Wall Street last session.

In accordance with the data, 8 analysts cover Carlisle Companies Incorporated (NYSE:CSL). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $360.00 and a low of $320.00, we find $347.50. Given the previous closing price of $237.33, this indicates a potential upside of 46.42 percent. CSL stock price is now -10.58% away from the 50-day moving average and -15.59% away from the 200-day moving average. The market capitalization of the company currently stands at $11.97B.

It has been rated a hold by 2 analysts and a buy by 5. Brokers who have rated the stock have averaged $342.50 as their price target over the next twelve months.

With the price target maintained at $363, Credit Suisse recently Upgraded its rating from Neutral to Outperform for Carlisle Companies Incorporated (NYSE: CSL). On April 05, 2022, Credit Suisse recently initiated its ‘Neutral’ rating on the stock quoting a target price of $275, while ‘Northcoast’ rates the stock as ‘Buy’.

In other news, Zdimal Kevin P, VP & Chief Financial Officer sold 8,111 shares of the company’s stock on Feb 10. The stock was sold for $2,054,922 at an average price of $253.35. Upon completion of the transaction, the VP & Chief Financial Officer now directly owns 30,515 shares in the company, valued at $6.79 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 18, CEO & President KOCH D CHRISTIAN sold 7,272 shares of the business’s stock. A total of $2,290,753 was realized by selling the stock at an average price of $315.01. This leaves the insider owning 119,582 shares of the company worth $26.62 million. Insiders disposed of 131,545 shares of company stock worth roughly $29.29 million over the past 1 year. A total of 0.30% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in CSL stock. A new stake in Carlisle Companies Incorporated shares was purchased by CI PRIVATE WEALTH, LLC during the first quarter worth $125,273,000. CEREDEX VALUE ADVISORS LLC invested $31,892,000 in shares of CSL during the first quarter. In the first quarter, LODGE HILL CAPITAL, LLC acquired a new stake in Carlisle Companies Incorporated valued at approximately $24,935,000. NATIONAL PENSION SERVICE acquired a new stake in CSL for approximately $19,102,000. MORAN WEALTH MANAGEMENT, LLC purchased a new stake in CSL valued at around $18,834,000 in the second quarter. In total, there are 795 active investors with 90.90% ownership of the company’s stock.

Carlisle Companies Incorporated (NYSE: CSL) opened at $230.76 on Wednesday. During the past 12 months, Carlisle Companies Incorporated has had a low of $222.01 and a high of $318.71. As of last week, the company has a debt-to-equity ratio of 0.85, a current ratio of 2.10, and a quick ratio of 1.40. The fifty day moving average price for CSL is $248.72 and a two-hundred day moving average price translates $263.60 for the stock.

The latest earnings results from Carlisle Companies Incorporated (NYSE: CSL) was released for Dec, 2022. According to the Building Products & Equipment Company, earnings per share came in at $3.92, beating analysts’ expectations of $3.76 by 0.16. This compares to -$0.06 EPS in the same period last year. The net profit margin was 14.00% and return on equity was 31.80% for CSL. The company reported revenue of $1.45 billion for the quarter, compared to $1.38 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.71 percent. For the current quarter, analysts expect CSL to generate $1.33B in revenue.

Moreover, the firm recently paid out its quarterly dividend on 03/01/2023. Investors who held shares on 02/17/2023 were paid a $0.75 dividend. On an annualized basis, this represents a $3.00 dividend and a 1.35% percent yield. There was an ex-dividend date of 02/16/2023 for this dividend. In terms of dividend payout ratio, CSL is presently at 14.50%.

Carlisle Companies Incorporated(CSL) Company Profile

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 three segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, and Carlisle Fluid Technologies. The Carlisle Construction Materials segment produces building envelopes for commercial, industrial, and residential buildings, including single-ply roofing products, rigid foam insulations, spray polyurethane foam, architectural metal products, heating, ventilation and air conditioning hardware and sealants, waterproofing products, and air and vapor barrier systems. The Carlisle Interconnect Technologies segment produces wires and cables, including optical fiber for the commercial aerospace, military and defense electronics, medical device, industrial, and test and measurement markets. It also offers sensors, connectors, contacts, cable assemblies, complex harnesses, racks, trays, and installation kits, as well as engineering and certification services. The Carlisle Fluid Technologies segment produces engineered liquid products, powder products, sealants and adhesives finishing equipment, and integrated system solutions for spraying, pumping, mixing, metering, and curing of coatings used in the automotive manufacture, general industrial, protective coating, wood, and specialty and automotive refinishing markets. The company sells its products under the Carlisle, Binks, DeVilbiss, Ransburg, BGK, MS Powder, Thermax, Tri-Star, LHi Technology, Providien, SynTec, Weatherbond, Hunter Panels, Resitrix, Hertalan, Insulfoam, and Versico brands. Carlisle Companies Incorporated was founded in 1917 and is headquartered in Scottsdale, Arizona.