Alert: Positive Investment/Fundamental Signals (11/29/23)-The Carlyle Group Inc (NASDAQ: CG)


Extremely important positive changes in investment behavior have recently occurred for The Carlyle Group Inc (NASDAQ: CG): positive upside/downside volume developed, its shorter term price trend turned up, and the stock rose on very heavy volume.

The Carlyle Group Inc (NASDAQ: CG). Moderate positive changes in fundamentals have recently occurred. Positive developments: the stock’s power rating rose above 70, and the consensus estimate for December, 2023 increased significantly. Negative development: significant quarterly earnings deceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, CG is expected to continue to be a major Value Builder.

Carlyle Group has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Carlyle Group has a slightly negative Appreciation Score of 35 but a good Power Rating of 75, resulting in the Neutral Value Trend Rating.

Recent Price Action

The Carlyle Group Inc (NASDAQ: CG) stock rose slightly by 0.3% on 11/29/23. The stock closed at $34.52. Moreover, trading volume in this advance was exceptionally high at 1330% of normal. Relative to the market the stock has been strong over the last nine months and has risen 8.3% during the last week.

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