The Carlyle Group (NASDAQ:CG) Downgraded by BidaskClub to Hold

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The Carlyle Group stock has undergone multiple analysts rating changes in the recent past.  The Carlyle Group Downgraded by BidaskClub on 6/30/2020. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Buy.

Shares of The Carlyle Group traded up $0.82 on Monday, reaching $27.29. 12 shares of the stock traded hands, compared to its average volume of 3632128. Shares of The Carlyle Group ended Monday on at $27.29. The firm’s 50 day moving average is $26.47 and its 200 day moving average is $27.51.The Carlyle Group  has a 12 month low of $26.47 and a 12 month high of $34.98. While on yearly highs and lows, The Carlyle Group’s today has traded high as $27.50 and has touched $26.47 on the downward trend. See More Analyst Rating at: RATING

The Carlyle Group Earnings and What to expect: 

The Carlyle Group last posted its earnings data on April 30th, 2020. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.09. The company had revenue of ($745.70) million for the quarter, compared to analysts’ expectations of $523.32 million. Its revenue for the quarter was down 168.6% compared to the same quarter last year. The Carlyle Group has generated $1.70 earnings per share over the last year. The Carlyle Group has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, July 29th, 2020 based off prior year’s report dates.

Earnings for The Carlyle Group are expected to grow by 34.23% in the coming year, from $1.49 to $2.00 per share. The P/E ratio of The Carlyle Group is -454.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of The Carlyle Group is -454.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The Carlyle Group has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • There is no enough data Insider Ownership Percentage
  • On 5/28/2020 Major Shareholder Carlyle Group Management L.L.C Sell 2,000,000 at average share price of $124.56 which equates to $249,120,000.00 in money value.
  • On 5/7/2020 Major Shareholder Carlyle Group Management L.L.C Sell 2,620,000 at average price of  $118.46 with total value of : $310,365,200.00
  • On 3/5/2020 CAO Pamela L. Bentley Sell 20,000 at average price of  $28.44 with total value of : $568,800.00

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The Carlyle Group (NASDAQ:CG) Moving Average Technical Analysis

5 day Moving Average is $27.98 And 5 day price change is -$1.79 (-6.16%)  with average volume for 5 day average is 3,801,920. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $29.41 and 20 day price change is -$0.83 (-2.95%) and average 20 day moving volume is 3,971,945. 50 day moving average is $26.47  and 50 day price change is $4.34 ( 18.91%)  and with average volume for 50 days is : 2,970,912. 200 day moving average is $27.51  and 200 day price change is $1.66 (6.48%)  and with average volume for 200 days is : 2,159,384.

See More Analyst Rating at: RATING