Carlyle Group Inc (NASDAQ:CG): A Fundamentally Weighted Stock for Long-Term Investors

The stock of Carlyle Group Inc (NASDAQ:CG) last traded at $29.93, down -0.50% from the previous session.

Data from the available sources indicates that Carlyle Group Inc (NASDAQ:CG) is covered by 17 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $58.00 and a low of $26.00, we find $38.00. Given the previous closing price of $30.08, this indicates a potential upside of 26.33 percent. CG stock price is now -0.88% away from the 50-day moving average and -3.93% away from the 200-day moving average. The market capitalization of the company currently stands at $10.77B.

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In total, 6 analysts have assigned it a hold rating, and 9 have given it a buy rating. Brokers who have rated the stock have averaged $38.60 as their price target over the next twelve months.

In other news, CG Subsidiary Holdings L.L.C., 10% Owner bought 1,269,537 shares of the company’s stock on Sep 12. The stock was bought for $10,816,455 at an average price of $8.52. Upon completion of the transaction, the 10% Owner now directly owns 4,785,628 shares in the company, valued at $143.23 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 28, 10% Owner CG Subsidiary Holdings L.L.C. bought 3,012,049 shares of the business’s stock. A total of $25,000,007 was incurred on buying the stock at an average price of $8.30. This leaves the insider owning 3,012,049 shares of the company worth $90.15 million. Insiders disposed of 195,468 shares of company stock worth roughly $5.85 million over the past 1 year. A total of 46.93% of the company’s stock is owned by insiders.

With an opening price of $30.45 on Thursday morning, Carlyle Group Inc (NASDAQ: CG) set off the trading day. During the past 12 months, Carlyle Group Inc has had a low of $25.20 and a high of $38.32. The fifty day moving average price for CG is $30.19 and a two-hundred day moving average price translates $31.15 for the stock.

The latest earnings results from Carlyle Group Inc (NASDAQ: CG) was released for Sep, 2023. According to the Asset Management Company, earnings per share came in at $0.88, beating analysts’ expectations of $0.67 by 0.21. This compares to $0.77 EPS in the same period last year. The net profit margin was 11.12% and return on equity was 6.87% for CG. The company reported revenue of $716.6 million for the quarter, compared to $1.09 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -34.17 percent. For the current quarter, analysts expect CG to generate $809.59M in revenue.

Carlyle Group Inc(CG) Company Profile

The Carlyle Group Inc. is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES. The firm invests across four segments which include Corporate Private Equity, Real Assets, Global Market Strategies, and Solutions. The firm typically invests in industrial, agribusiness, ecological sector, fintech, airports, parking, Plastics, Rubber, diversified natural resources, minerals, farming, aerospace, defense, automotive, consumer, retail, industrial, infrastructure, energy, power, healthcare, software, software enabled services, semiconductors, communications infrastructure, financial technology, utilities, gaming, systems and related supply chain, electronic systems, systems, oil and gas, processing facilities, power generation assets, technology, systems, real estate, financial services, transportation, business services, telecommunications, media, and logistics sectors. Within the industrial sector, the firm invests in manufacturing, building products, packaging, chemicals, metals and mining, forestry and paper products, and industrial consumables and services. In consumer and retail sectors, it invests in food and beverage, retail, restaurants, consumer products, domestic consumption, consumer services, personal care products, direct marketing, and education. Within aerospace, defense, business services, and government services sectors, it seeks to invest in defense electronics, manufacturing and services, government contracting and services, information technology, distribution companies. In telecommunication and media sectors, it invests in cable TV, directories, publishing, entertainment and content delivery services, wireless infrastructure/services, fixed line networks, satellite services, broadband and Internet, and infrastructure. Within real estate, the firm invests in office, hotel, industrial, retail, for sale residential, student housing, hospitality, multifamily residential, homebuilding and building products, and senior living sectors. The firm seeks to make investments in growing business including those with overleveraged balance sheets. The firm seeks to hold its investments for four to six years. In the healthcare sector, it invests in healthcare services, outsourcing services, companies running clinical trials for pharmaceutical companies, managed care, pharmaceuticals, pharmaceutical related services, healthcare IT, medical, products, and devices. It seeks to invest in companies based in Sub-Saharan focusing on Ghana, Kenya, Mozambique, Botswana, Nigeria, Uganda, West Africa, North Africa and South Africa focusing on Tanzania and Zambia; Asia focusing on Pakistan, India, South East Asia, Indonesia, Philippines, Vietnam, Korea, and Japan; Australia; New Zealand; Europe focusing on France, Italy, Denmark, United Kingdom, Germany, Austria, Belgium, Finland, Iceland, Ireland, Netherlands, Norway, Portugal, Spain, Benelux, Sweden, Switzerland, Hungary, Poland, and Russia; Middle East focusing on Bahrain, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Turkey, and UAE; North America focusing on United States which further invest in Southeastern United States, Texas, Boston, San Francisco Bay Area and Pacific Northwest; Asia Pacific; Soviet Union, Central-Eastern Europe, and Israel; Nordic region; and South America focusing on Mexico, Argentina, Brazil, Chile, and Peru. The firm seeks to invest in food, financial, and healthcare industries in Western China. In the real estate sector, the firm seeks to invest in various locations across Europe focusing on France and Central Europe, United States, Asia focusing on China, and Latin America. It typically invests between $1 million and $50 million for venture investments and between $50 million and $2 billion for buyouts in companies with enterprise value of between $31.57 million and $1000 million and sales value of $10 million and $500 million. It seeks to invest in companies with market capitalization greater than $50 million and EBITDA between $5 million to $25 million. It prefers to take a majority or a minority stake. While investing in Japan, it does not invest in companies with more than 1,000 employees and prefers companies’ worth between $100 million and $150 million. The firm originates, structures, and acts as lead equity investor in the transactions. The Carlyle Group Inc. was founded in 1987 and is based in Washington, District of Columbia with additional offices in 21 countries across 5 continents (North America, South America, Asia, Australia and Europe).

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