Last Updated: 19 Sep 2024
Executive Summary
Carlyle Group Inc. (CG) is a global investment firm with a diversified portfolio of alternative assets. The company has a strong track record of generating returns for investors and is well-positioned to benefit from the growing demand for alternative investments. CG's stock price is currently trading at $42.32, which is below its 52-week high of $50.50. However, the stock is still trading above its 50-day and 200-day moving averages, which indicates that it is in a bullish trend.
Company Overview
Carlyle Group Inc. was founded in 1987 and is headquartered in Washington, D.C. The company has a global reach, with offices in 34 countries. CG's investment portfolio includes private equity, real estate, infrastructure, and credit. The company has a team of experienced investment professionals who have a deep understanding of the alternative investment markets.
Fundamental Analysis
CG's financial performance has been strong in recent years. The company's revenue has grown from $2.3 billion in 2017 to $2.8 billion in 2021. CG's net income has also grown significantly, from $444 million in 2017 to $774 million in 2021. The company's earnings per share (EPS) have also increased, from $1.24 in 2017 to $2.17 in 2021.
CG's financial ratios are also healthy. The company's debt-to-equity ratio is 0.50, which is below the industry average of 0.60. CG's return on equity (ROE) is 12.5%, which is above the industry average of 10.0%.
Technical Analysis
CG's stock price has been in a bullish trend since the beginning of 2022. The stock has broken above its 50-day and 200-day moving averages, which is a bullish signal. The stock is also trading above its Ichimoku cloud, which is another bullish indicator.
Short Term Outlook
CG's stock price is expected to continue to rise in the short term. The stock is trading above its moving averages and is in a bullish trend. The company's financial performance is also strong, which is another positive factor.
Long Term Outlook
CG's long-term outlook is also positive. The company is well-positioned to benefit from the growing demand for alternative investments. CG has a strong track record of generating returns for investors and is expected to continue to do so in the future.
Analyst Recommendations
Analysts are bullish on CG's stock. The average analyst rating is "buy," and the average analyst target price is $47.68.
