Somewhat Favorable News Coverage Somewhat Unlikely to Impact Carlisle Companies (CSL) Stock Price
News coverage about Carlisle Companies (NYSE:CSL) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Carlisle Companies earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned press coverage about the conglomerate an impact score of 47.1358241850793 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- CARLISLE COMPANIES, INC. : ex-dividend day (4-traders.com)
- Carlisle Companies Incorporated (CSL) Ex-Dividend Date Scheduled for August 16 … (nasdaq.com)
- See what the IHS Markit Score report has to say about Carlisle Companies Inc. (finance.yahoo.com)
- Carlisle Companies (CSL) Given Daily Media Impact Rating of 0.07 (expressnewsline.com)
Shares of Carlisle Companies (NYSE CSL) traded down 3.06% during midday trading on Thursday, hitting $93.16. 335,061 shares of the stock were exchanged. Carlisle Companies has a 12 month low of $93.08 and a 12 month high of $116.40. The company has a market cap of $5.89 billion, a PE ratio of 26.33 and a beta of 0.77. The stock has a 50 day moving average price of $97.37 and a 200-day moving average price of $102.00.
Carlisle Companies (NYSE:CSL) last posted its earnings results on Tuesday, July 25th. The conglomerate reported $1.58 EPS for the quarter, missing the Zacks’ consensus estimate of $1.61 by $0.03. The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.06 billion. Carlisle Companies had a net margin of 6.04% and a return on equity of 15.18%. The company’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period last year, the business earned $1.75 earnings per share. On average, analysts predict that Carlisle Companies will post $5.19 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Friday, August 18th will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.59%. This is an increase from Carlisle Companies’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Wednesday, August 16th. Carlisle Companies’s dividend payout ratio (DPR) is 39.66%.
Several equities analysts have issued reports on the stock. BidaskClub lowered shares of Carlisle Companies from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. FBR & Co reissued an “outperform” rating and set a $125.00 price objective on shares of Carlisle Companies in a report on Tuesday, July 11th. Robert W. Baird reissued an “outperform” rating on shares of Carlisle Companies in a report on Monday, July 10th. Zacks Investment Research lowered shares of Carlisle Companies from a “hold” rating to a “sell” rating in a report on Thursday, July 6th. Finally, CIBC reissued a “market perform” rating on shares of Carlisle Companies in a report on Wednesday, June 14th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $122.50.
Carlisle Companies Company Profile
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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