Brokerages expect that Carlisle Companies (NYSE:CSL) will announce $951.30 million in sales for the current fiscal quarter, according to Zacks. Four analysts have made estimates for Carlisle Companies’ earnings. The lowest sales estimate is $905.00 million and the highest is $986.70 million. Carlisle Companies posted sales of $857.30 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 11%. The business is scheduled to report its next earnings results on Thursday, April 26th.
On average, analysts expect that Carlisle Companies will report full year sales of $951.30 million for the current fiscal year, with estimates ranging from $4.26 billion to $4.70 billion. For the next financial year, analysts forecast that the firm will report sales of $4.59 billion per share, with estimates ranging from $4.41 billion to $4.94 billion. Zacks’ sales calculations are an average based on a survey of sell-side research analysts that follow Carlisle Companies.
Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data on Thursday, February 8th. The conglomerate reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.20. The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1 billion. Carlisle Companies had a net margin of 8.94% and a return on equity of 13.53%. The business’s revenue was up 20.0% on a year-over-year basis. During the same period last year, the firm posted $1.32 earnings per share.
Carlisle Companies (NYSE CSL) traded up $0.21 during trading on Friday, hitting $105.41. 765,258 shares of the stock traded hands, compared to its average volume of 487,811. The company has a quick ratio of 1.73, a current ratio of 2.50 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $6,620.09, a PE ratio of 18.46, a PEG ratio of 1.11 and a beta of 0.86. Carlisle Companies has a twelve month low of $92.09 and a twelve month high of $119.21.
Carlisle Companies announced that its board has approved a stock repurchase plan on Tuesday, February 6th that allows the company to buyback 5,000,000 shares. This buyback authorization allows the conglomerate to purchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company’s board of directors believes its shares are undervalued.
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 1st. Investors of record on Tuesday, February 20th were paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.40%. The ex-dividend date was Friday, February 16th. Carlisle Companies’s dividend payout ratio is presently 25.92%.
A number of hedge funds have recently added to or reduced their stakes in CSL. Raymond James Financial Services Advisors Inc. lifted its stake in Carlisle Companies by 3.2% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 2,446 shares of the conglomerate’s stock valued at $233,000 after purchasing an additional 75 shares during the last quarter. Aperio Group LLC lifted its position in shares of Carlisle Companies by 42.1% in the 3rd quarter. Aperio Group LLC now owns 17,578 shares of the conglomerate’s stock valued at $1,763,000 after acquiring an additional 5,209 shares in the last quarter. Pictet Asset Management Ltd. purchased a new stake in shares of Carlisle Companies in the 3rd quarter valued at approximately $5,897,000. Crossmark Global Holdings Inc. purchased a new stake in shares of Carlisle Companies in the 3rd quarter valued at approximately $976,000. Finally, Canada Pension Plan Investment Board lifted its position in shares of Carlisle Companies by 912.3% in the 3rd quarter. Canada Pension Plan Investment Board now owns 65,800 shares of the conglomerate’s stock valued at $6,599,000 after acquiring an additional 59,300 shares in the last quarter. 88.02% of the stock is owned by institutional investors and hedge funds.
Carlisle Companies Company Profile
Carlisle Companies Incorporated operates as a diversified manufacturing company. The company's Carlisle Construction Materials segment provides insulation materials; thermoplastic polyolefin, ehtylene propylene diene monomer rubber, and polyvinyl chloride roofing membranes that are used on non-residential low-sloped roofs; roofing accessories, such as flashings, fasteners, sealing tapes, coatings, and waterproofing products; rigid foam insulation panels for roofing applications; and specialty polyurethane products and solutions for various markets and applications.
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