Carlisle Companies Incorporated (NYSE:CSL) is scheduled to be issuing its quarterly earnings data on Tuesday, July 25th. Analysts expect the company to announce earnings of $1.60 per share for the quarter.
Carlisle Companies (NYSE:CSL) last issued its quarterly earnings results on Thursday, April 27th. The conglomerate reported $1.04 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.00 by $0.04. The business had revenue of $857.30 million for the quarter, compared to analysts’ expectations of $832.50 million. Carlisle Companies had a net margin of 6.51% and a return on equity of 15.44%. The company’s revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.05 EPS. On average, analysts expect Carlisle Companies to post $5.6 EPS for the current fiscal year and $6.35 EPS for the next fiscal year.
Carlisle Companies Incorporated (NYSE CSL) opened at 98.25 on Tuesday. The stock has a market cap of $6.35 billion, a PE ratio of 26.45 and a beta of 0.77. The stock’s 50 day moving average is $98.76 and its 200 day moving average is $105.04. Carlisle Companies Incorporated has a 52 week low of $93.47 and a 52 week high of $116.40.
CSL has been the topic of a number of research reports. Zacks Investment Research upgraded shares of Carlisle Companies from a “sell” rating to a “hold” rating in a research note on Monday, March 20th. BMO Capital Markets reiterated a “buy” rating and issued a $130.00 price objective on shares of Carlisle Companies in a research note on Thursday, April 20th. BidaskClub lowered shares of Carlisle Companies from a “hold” rating to a “sell” rating in a research note on Friday, June 9th. Oppenheimer Holdings, Inc. set a $120.00 price objective on shares of Carlisle Companies and gave the stock a “buy” rating in a research note on Tuesday, June 6th. Finally, CIBC reiterated a “market perform” rating on shares of Carlisle Companies in a research note on Wednesday, June 14th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $122.50.
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In other news, insider John E. Berlin sold 19,860 shares of the stock in a transaction on Monday, May 8th. The shares were sold at an average price of $104.55, for a total value of $2,076,363.00. Following the sale, the insider now owns 56,262 shares in the company, valued at $5,882,192.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.12% of the stock is owned by corporate insiders.
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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