Last Updated: 16 Sep 2024
Executive Summary
Carlisle Companies Incorporated (CSL) is a diversified manufacturer with a strong financial performance and a positive outlook. The company's key financial metrics, including revenue, earnings, and profit margins, have shown consistent growth in recent quarters. CSL has a solid balance sheet with low debt and a strong cash position. The company's valuation metrics, such as P/E ratio and EV/EBITDA, are in line with industry peers.
Company Overview
Carlisle Companies Incorporated is a diversified manufacturer of engineered products with operations in various industries, including construction, aerospace, defense, and automotive. The company's products include roofing materials, insulation, fluid handling systems, and industrial fabrics. CSL is headquartered in Scottsdale, Arizona, and has a global presence with operations in over 20 countries.
Fundamental Analysis
Revenue: CSL's revenue has grown steadily in recent quarters, with the latest quarter showing a 0.11% increase year-over-year to $4.93 billion. The company's revenue growth is driven by strong demand for its products in various end markets.
Earnings: CSL's earnings per share (EPS) have also shown consistent growth, with the latest quarter reporting an EPS of $17.64, representing a 2.917% increase year-over-year. The company's profitability is supported by its efficient operations and cost management initiatives.
Profit Margins: CSL's profit margins have remained stable in recent quarters, with the latest quarter showing a profit margin of 0.279. The company's ability to maintain healthy profit margins demonstrates its operational efficiency and pricing power.
Balance Sheet: CSL has a strong balance sheet with low debt and a solid cash position. The company's debt-to-equity ratio is 0.27, which is well below the industry average. CSL also has a significant amount of cash on hand, providing it with financial flexibility.
Valuation: CSL's valuation metrics are in line with industry peers. The company's P/E ratio of 23.32 is slightly above the industry average, but its EV/EBITDA ratio of 14.41 is in line with peers.
Technical Analysis
Chart: CSL's stock price has been trending sideways in recent months, with the latest price at $411.3. The stock is currently trading above its 50-day and 200-day moving averages, indicating a positive short-term trend.
Support and Resistance: The stock has support at $380 and resistance at $440. A break above $440 could lead to further upside potential, while a break below $380 could indicate a reversal in the current trend.
Indicators: The relative strength index (RSI) is currently at 55, indicating that the stock is neither overbought nor oversold. The moving average convergence divergence (MACD) is also trending positive, suggesting that the stock's momentum is still bullish.
Short Term Outlook
In the short term, CSL's stock price is likely to continue trading sideways with a slight upward bias. The company's strong financial performance and positive analyst recommendations provide support for the stock. However, the overall market conditions and economic uncertainties could impact the stock's performance in the short term.
Long Term Outlook
In the long term, CSL has a positive outlook due to its diversified product portfolio, strong financial position, and global presence. The company's focus on innovation and its commitment to sustainability should drive long-term growth. CSL's stock price is expected to appreciate over the long term, outperforming the broader market.
Analyst Recommendations
Analysts are generally bullish on CSL's stock. The consensus analyst rating is "Buy," with a target price of $454.56. Two analysts have a "Strong Buy" rating, three have a "Buy" rating, three have a "Hold" rating, and none have a "Sell" or "Strong Sell" rating.
