Equities research analysts expect Carlisle Companies, Inc. (NYSE:CSL) to post $990.13 million in sales for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Carlisle Companies’ earnings, with estimates ranging from $943.40 million to $1.03 billion. Carlisle Companies posted sales of $893.50 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 10.8%. The firm is expected to announce its next quarterly earnings report on Thursday, February 8th.

According to Zacks, analysts expect that Carlisle Companies will report full-year sales of $990.13 million for the current financial year, with estimates ranging from $3.96 billion to $4.05 billion. For the next financial year, analysts forecast that the firm will post sales of $4.44 billion per share, with estimates ranging from $4.21 billion to $4.70 billion. Zacks’ sales averages are an average based on a survey of sell-side analysts that that provide coverage for Carlisle Companies.

Carlisle Companies (NYSE:CSL) last issued its earnings results on Tuesday, October 24th. The conglomerate reported $1.37 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.35 by $0.02. The company had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.05 billion. Carlisle Companies had a return on equity of 14.11% and a net margin of 8.35%. The firm’s quarterly revenue was up 9.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.74 EPS.

CSL has been the subject of several analyst reports. Oppenheimer restated a “hold” rating on shares of Carlisle Companies in a report on Sunday, August 27th. Buckingham Research initiated coverage on Carlisle Companies in a report on Tuesday, September 5th. They issued a “buy” rating and a $115.00 target price for the company. Zacks Investment Research upgraded Carlisle Companies from a “sell” rating to a “hold” rating in a report on Monday, September 11th. BMO Capital Markets restated a “buy” rating and issued a $130.00 target price on shares of Carlisle Companies in a report on Friday, September 22nd. Finally, FBR & Co restated a “buy” rating on shares of Carlisle Companies in a report on Tuesday, October 3rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $122.33.

Shares of Carlisle Companies (NYSE:CSL) traded up $1.98 during trading hours on Friday, reaching $112.38. The company’s stock had a trading volume of 706,795 shares, compared to its average volume of 257,196. The company has a current ratio of 2.14, a quick ratio of 1.43 and a debt-to-equity ratio of 0.32. The stock has a market cap of $6,966.66, a PE ratio of 20.81, a P/E/G ratio of 1.42 and a beta of 0.88. Carlisle Companies has a 12 month low of $92.09 and a 12 month high of $116.53.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Friday, November 17th were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date was Thursday, November 16th. Carlisle Companies’s dividend payout ratio is presently 29.31%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers purchased a new position in shares of Carlisle Companies during the 2nd quarter worth $256,000. SG Americas Securities LLC grew its holdings in shares of Carlisle Companies by 15.9% during the 2nd quarter. SG Americas Securities LLC now owns 16,285 shares of the conglomerate’s stock worth $1,554,000 after purchasing an additional 2,234 shares during the period. HGK Asset Management Inc. purchased a new position in shares of Carlisle Companies during the 2nd quarter worth $8,008,000. Schroder Investment Management Group grew its holdings in shares of Carlisle Companies by 42.8% during the 2nd quarter. Schroder Investment Management Group now owns 1,277,655 shares of the conglomerate’s stock worth $120,202,000 after purchasing an additional 383,088 shares during the period. Finally, Seven Eight Capital LP purchased a new position in shares of Carlisle Companies during the 2nd quarter worth $2,929,000. Institutional investors and hedge funds own 88.98% of the company’s stock.

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About Carlisle Companies

Carlisle Companies Incorporated is a manufacturing company. The Company designs, manufactures and markets a range of products that serve a range of markets, including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, medical technology, transportation, general industrial, protective coatings, wood, auto refinishing, foodservice, and healthcare and sanitary maintenance.

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Earnings History and Estimates for Carlisle Companies (NYSE:CSL)

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