The Carlyle Group Inc
CG: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$82.00 | Vxmkgf | Lkylcgrv |
Carlyle Group Earnings: Mixed Bag of Results Ends New CEO Harvey Schwartz’s Honeymoon Period
There was little in narrow-moat-rated Carlyle Group's first-quarter results that would alter our long-term view of the firm. We expect to leave our $48 per share fair value estimate in place. We view the shares as modestly undervalued after they sold off sharply on first-quarter results and management commentary.