Carlisle Companies Incorporated (NYSE:CSL) – Northcoast Research issued their Q1 2018 earnings per share estimates for shares of Carlisle Companies in a research report issued on Monday, according to Zacks Investment Research. Northcoast Research analyst K. Hocevar forecasts that the conglomerate will earn $1.01 per share for the quarter. Northcoast Research also issued estimates for Carlisle Companies’ Q2 2018 earnings at $1.80 EPS, Q3 2018 earnings at $1.74 EPS and Q4 2018 earnings at $1.40 EPS.
Carlisle Companies (NYSE:CSL) last issued its earnings results on Tuesday, October 24th. The conglomerate reported $1.37 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.35 by $0.02. Carlisle Companies had a return on equity of 14.11% and a net margin of 8.35%. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.05 billion. During the same period in the prior year, the firm posted $1.74 EPS. Carlisle Companies’s quarterly revenue was up 9.9% compared to the same quarter last year.
Other equities research analysts have also recently issued reports about the company. B. Riley reaffirmed a “buy” rating on shares of Carlisle Companies in a report on Wednesday, November 1st. FBR & Co set a $125.00 target price on Carlisle Companies and gave the company a “buy” rating in a research note on Wednesday, October 25th. Buckingham Research assumed coverage on Carlisle Companies in a research note on Tuesday, September 5th. They issued a “buy” rating and a $115.00 target price for the company. Zacks Investment Research raised Carlisle Companies from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. Finally, SunTrust Banks reissued a “buy” rating and issued a $120.00 target price on shares of Carlisle Companies in a research note on Wednesday, October 4th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the stock. Carlisle Companies presently has a consensus rating of “Buy” and a consensus target price of $122.33.
Shares of Carlisle Companies (NYSE:CSL) traded up $0.86 on Tuesday, hitting $114.61. The stock had a trading volume of 156,912 shares, compared to its average volume of 469,092. Carlisle Companies has a fifty-two week low of $92.09 and a fifty-two week high of $116.53. The firm has a market cap of $7,117.89, a PE ratio of 21.26, a PEG ratio of 1.45 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.
The business also recently declared a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Friday, November 17th were given a $0.37 dividend. The ex-dividend date of this dividend was Thursday, November 16th. This represents a $1.48 annualized dividend and a dividend yield of 1.29%. Carlisle Companies’s dividend payout ratio is currently 29.31%.
Several large investors have recently bought and sold shares of the company. Teacher Retirement System of Texas boosted its position in shares of Carlisle Companies by 0.5% in the 2nd quarter. Teacher Retirement System of Texas now owns 5,177 shares of the conglomerate’s stock worth $494,000 after purchasing an additional 24 shares during the last quarter. Traynor Capital Management Inc. boosted its position in shares of Carlisle Companies by 1.1% in the 2nd quarter. Traynor Capital Management Inc. now owns 6,069 shares of the conglomerate’s stock worth $589,000 after purchasing an additional 67 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of Carlisle Companies by 3.2% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 2,446 shares of the conglomerate’s stock worth $233,000 after purchasing an additional 75 shares during the last quarter. US Bancorp DE boosted its position in shares of Carlisle Companies by 0.9% in the 2nd quarter. US Bancorp DE now owns 9,718 shares of the conglomerate’s stock worth $927,000 after purchasing an additional 89 shares during the last quarter. Finally, Utah Retirement Systems boosted its position in shares of Carlisle Companies by 0.9% in the 2nd quarter. Utah Retirement Systems now owns 11,530 shares of the conglomerate’s stock worth $1,100,000 after purchasing an additional 100 shares during the last quarter. Institutional investors and hedge funds own 88.99% of the company’s stock.
Carlisle Companies Company Profile
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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