Carlisle Companies Stock Gaps Up On Today's Open (CSL)
Shares of Carlisle Companies (NYSE:CSL) were gapping up Tuesday morning with an open price 10.5% higher than Monday's closing price. The stock closed at $49.77 yesterday and opened today's trading at $55.
NEW YORK ( TheStreet) -- Shares of Carlisle Companies (NYSE: CSL) were gapping up Tuesday morning with an open price 10.5% higher than Monday's closing price. The stock closed at $49.77 Monday and opened today's trading at $55. The average volume for Carlisle Companies has been 267,300 shares per day over the past 30 days. Carlisle Companies has a market cap of $3.18 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 12.3% year to date as of the close of trading on Monday. Carlisle Companies Incorporated manufactures and sells construction materials in the United States and internationally. The company has a P/E ratio of 17.5, below the average consumer non-durables industry P/E ratio of 17.8 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Carlisle Companies as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Carlisle Companies Ratings Report. Get more investment ideas from our investment research center.