Carlisle Companies, Inc. (NYSE:CSL) has earned an average recommendation of “Hold” from the ten ratings firms that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $123.17.

CSL has been the subject of several research reports. FBR & Co set a $125.00 price target on Carlisle Companies and gave the stock a “buy” rating in a report on Wednesday, October 25th. SunTrust Banks lifted their price target on Carlisle Companies to $126.00 and gave the stock a “buy” rating in a report on Wednesday, October 25th. Robert W. Baird restated a “buy” rating on shares of Carlisle Companies in a research note on Wednesday, October 4th. BMO Capital Markets restated a “buy” rating and set a $130.00 price objective on shares of Carlisle Companies in a research note on Friday, September 22nd. Finally, B. Riley restated a “buy” rating on shares of Carlisle Companies in a research note on Wednesday, November 1st.

Institutional investors have recently bought and sold shares of the business. Cetera Investment Advisers bought a new position in Carlisle Companies during the 2nd quarter worth $256,000. AMP Capital Investors Ltd increased its stake in shares of Carlisle Companies by 45.7% in the 3rd quarter. AMP Capital Investors Ltd now owns 15,100 shares of the conglomerate’s stock valued at $1,514,000 after purchasing an additional 4,736 shares during the last quarter. Stifel Financial Corp increased its stake in shares of Carlisle Companies by 372.9% in the 2nd quarter. Stifel Financial Corp now owns 90,350 shares of the conglomerate’s stock valued at $8,610,000 after purchasing an additional 71,246 shares during the last quarter. Victory Capital Management Inc. increased its stake in shares of Carlisle Companies by 7.2% in the 3rd quarter. Victory Capital Management Inc. now owns 1,162,395 shares of the conglomerate’s stock valued at $116,576,000 after purchasing an additional 78,516 shares during the last quarter. Finally, State of Wisconsin Investment Board increased its stake in shares of Carlisle Companies by 4.4% in the 3rd quarter. State of Wisconsin Investment Board now owns 172,852 shares of the conglomerate’s stock valued at $17,335,000 after purchasing an additional 7,315 shares during the last quarter. Hedge funds and other institutional investors own 88.91% of the company’s stock.

Shares of Carlisle Companies (NYSE CSL) opened at $116.34 on Friday. The firm has a market capitalization of $7,187.32, a P/E ratio of 23.04, a P/E/G ratio of 1.18 and a beta of 0.88. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.43 and a current ratio of 2.14. Carlisle Companies has a fifty-two week low of $92.09 and a fifty-two week high of $119.21.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Tuesday, October 24th. The conglomerate reported $1.37 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.35 by $0.02. The business 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 revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period last year, the firm posted $1.74 EPS. analysts predict that Carlisle Companies will post 4.89 earnings per share for the current year.

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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.

Analyst Recommendations for Carlisle Companies (NYSE:CSL)

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