Carlisle Companies (CSL) Earning Positive News Coverage, Analysis Finds
Media headlines about Carlisle Companies (NYSE:CSL) have been trending positive recently, Accern Sentiment reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Carlisle Companies earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave media coverage about the conglomerate an impact score of 47.2958531206045 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Carlisle : to Present at Jefferies Industrials Conference in NYC on August 9 (4-traders.com)
- Carlisle Companies to Present at Jefferies Industrials Conference in NYC on August 9 (finance.yahoo.com)
- Carlisle Companies Incorporated (CSL) Expected to Post Quarterly Sales of $1.06 Billion (americanbankingnews.com)
- Honeywell International (HON) and Carlisle Companies (NYSE:CSL) Financial Contrast (americanbankingnews.com)
- Carlisle Companies Announces 6% Increase in Dividend and the 41st Consecutive Year of Dividend Increases (finance.yahoo.com)
Carlisle Companies (CSL) opened at 95.41 on Friday. The company has a market cap of $6.03 billion, a P/E ratio of 26.97 and a beta of 0.77. The company has a 50-day moving average of $97.21 and a 200 day moving average of $102.39. Carlisle Companies has a one year low of $93.47 and a one year high of $116.40.
Carlisle Companies (NYSE:CSL) last issued its quarterly earnings data on Tuesday, July 25th. The conglomerate reported $1.58 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.61 by $0.03. The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.06 billion. Carlisle Companies had a net margin of 6.04% and a return on equity of 15.18%. Carlisle Companies’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.75 earnings per share. Equities research analysts predict that Carlisle Companies will post $5.19 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, August 18th will be paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.55%. 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 is presently 39.66%.
Several equities research analysts have commented on the stock. CIBC restated a “market perform” rating on shares of Carlisle Companies in a research note on Wednesday, June 14th. BMO Capital Markets reiterated a “buy” rating and issued a $130.00 price objective on shares of Carlisle Companies in a report on Thursday, April 20th. FBR & Co reiterated an “outperform” rating and issued a $125.00 price objective on shares of Carlisle Companies in a report on Tuesday, July 11th. BidaskClub cut shares of Carlisle Companies from a “hold” rating to a “sell” rating in a report on Friday, June 9th. Finally, Zacks Investment Research cut shares of Carlisle Companies from a “hold” rating to a “sell” rating in a report on Thursday, July 6th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $122.50.
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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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