Carlisle Cos. Stock Rating Upgraded by Zacks (CSL)
Carlisle Cos. (NYSE:CSL) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued on Tuesday. The firm currently has a $89.20 price target on the stock. Zacks‘s price target would indicate a potential upside of 3.49% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at FBR Capital Markets raised their price target on shares of Carlisle Cos. from $95.00 to $100.00 in a research note on Friday, June 20th. They now have an “outperform” rating on the stock. Five analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus target price of $88.80.
Carlisle Cos. (NYSE:CSL) traded down 0.63% on Tuesday, hitting $86.19. The stock had a trading volume of 245,483 shares. Carlisle Cos. has a 52 week low of $63.16 and a 52 week high of $88.36. The stock has a 50-day moving average of $85.72 and a 200-day moving average of $80.57. The company has a market cap of $5.524 billion and a P/E ratio of 29.74.
Carlisle Cos. (NYSE:CSL) last released its earnings data on Tuesday, April 22nd. The company reported $0.56 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.53 by $0.03. The company had revenue of $650.40 million for the quarter, compared to the consensus estimate of $641.58 million. During the same quarter last year, the company posted $0.65 earnings per share. Carlisle Cos.’s revenue was up 3.3% compared to the same quarter last year. Analysts expect that Carlisle Cos. will post $4.11 EPS for the current fiscal year.
Carlisle Companies Incorporated (NYSE:CSL) is a holding company for Carlisle Corporation, and its wholly owned subsidiaries.
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