Carlisle Companies Incorporated (NYSE:CSL) saw a downside of -1.84% to close Friday at $266.59 after subtracting -$4.99 on the day. The 5-day average trading volume is 343,240 shares of the company’s common stock. It has gained $287.66 in the past week and touched a new high 1 time within the past 5 days. An average of 377,250 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 408,524.
CSL’s 1-month performance is -0.80% or -$2.68 on its low of $265.13 reached on 08/18/23. The company’s shares have touched a 52-week low of $203.65 and high of $317.76, with the stock’s rally to the 52-week high happening on 08/10/23. YTD, CSL has achieved 13.13% or $30.94 and has reached a new high 19 times. However, the current price is down -16.10% from the 52-week high price.
Insider Transactions
CSL stock investors last saw insider trading activity on Jul 28.Berlin John E (President, CIT) most recently sold 3,966 shares at $275.99 per share on Jul 28. This transaction cost the insider $1,094,576. V. P., Human Resources, Snyder Lori A, sold 300 shares at a price of $277.37 on Jul 28. Then, on Feb 10, VP & Chief Financial Officer Zdimal Kevin P sold 8,111 shares at a price of $253.35 per share. This transaction amounted to $2,054,922.
Valuation Metrics
CSL stock has a beta of 0.95. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.28 while the price-to-book (PB) in the most recent quarter is 4.46, with the price to cash flow ratio at 13.87.
Carlisle Companies Incorporated’s quick ratio for the period ended June 29 was 2.00, with the current ratio over the same period at 2.60. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.75, while the total debt to equity was 0.85. In terms of profitability, the gross margin trailing 12 months is 32.20%. The trailing 12-month EBITDA margin is 24.03% while for the period ending June 29, Carlisle Companies Incorporated’s operating margin was 17.70%. The firm’s gross profit as reported stood at $2.16 billion against revenue of $6.59 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -54.93% to $194.6 million, while revenue of $101.7 million was 47.74% off the previous quarter. Analysts expected CSL to announce $4.63 per share in earnings in its latest quarter, but it posted $5.18, representing a 11.90% surprise. EBITDA for the quarter stood at more than $386.1 million. CSL stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 4.14 billion, with total debt at $2.58 billion. Shareholders hold equity totaling $49.92 million.
Let’s look briefly at Carlisle Companies Incorporated (CSL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 18 August was 26.82% to suggest the stock is trending oversold, with historical volatility in this time period at 17.28%.
The stock’s 5-day moving average is $277.35, reflecting a -7.55% or -$21.78 change from its current price. CSL is currently trading -1.11% above its 20-day SMA, +22.61% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +15.11% and SMA200 by+11.64%.
Stochastic %K and %D was 15.77% and 37.27% and the average true range (ATR) pointed at 5.57. The RSI (14) points at 39.48%, while the 14-day stochastic is at 6.09% with the period’s ATR at 5.46. The stock’s 9-day MACD Oscillator is pointing at -8.49 and -8.36 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Carlisle Companies Incorporated (NYSE: CSL), Credit Suisse upgraded it to an Outperform rating. They previously had a Neutral rating on the stock.
