Carlisle Companies Incorporated (NYSE:CSL) Given Average Rating of “Moderate Buy” by Analysts

From MarketBeat:

Shares of Carlisle Companies Incorporated have earned an average recommendation of “Moderate Buy” from the seven ratings firms covering the company, with an average 1-year price target of $307.14. Several brokerages have recently changed their recommendation and target price for the company.

Hedge funds and other institutional investors have been making changes to their positions in CSL, indicating strong institutional interest in the company. Huntington National Bank, Tokio Marine Asset Management Co. Ltd., and Coldstream Capital Management Inc. are among the institutions that have increased their position in Carlisle Companies.

The stock of Carlisle Companies traded up to $309.60, with a 52 week low of $203.65 and a 52 week high of $318.74. The conglomerate’s stock has a current ratio of 4.18, a quick ratio of 3.73 and a debt-to-equity ratio of 0.78. The firm also recently reported its quarterly earnings and declared a dividend.

Carlisle Companies last released its earnings results on Thursday, October 26th, with the conglomerate reporting $4.68 earnings per share for the quarter, beating analysts’ consensus estimates and solidifying its revenue for the year.

Additionally, the firm recently declared a quarterly dividend of $0.85, resulting in an annualized dividend of $3.40 and a dividend yield of 1.10%. The firm’s dividend payout ratio is currently 23.66%.

Carlisle Companies Incorporated operates as a manufacturer of engineered products in the United States and internationally, operating through four segments.

Before you consider Carlisle Companies, you’ll want to hear this. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Carlisle Companies wasn’t on the list.

While Carlisle Companies currently has a “Moderate Buy” rating among analysts, top-rated analysts believe there are five better buys. MarketBeat has also identified thirteen stocks that institutional investors are buying up as quickly as they can.



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