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Carrier Global (CARR)
NYSE:CARR
Carrier Global (CARR) Stock Price & Analysis
1,147 Followers
CARR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$39.83 - $63.79
Previous Close$61.12
Volume1.62M
Average Volume (3M)5.46M
Market Cap
$56.48B
Enterprise Value$71.50B
Total Cash (Recent Filing)$1.31B
Total Debt (Recent Filing)$17.40B
Price to Earnings (P/E)42.5
Beta1.34
Next Earnings
Jul 25, 2024EPS Estimate
$0.84Last Dividend Ex-Date
May 02, 2024Dividend Yield1.21%
Share Statistics
EPS (TTM)1.44
Shares Outstanding901,012,491
10 Day Avg. Volume6,330,405
30 Day Avg. Volume5,462,070
Standard Deviation0.09
R-Squared0.45
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-4.97
Price to Sales (P/S)8.91
Price to Cash Flow (P/CF)346.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.11
Enterprise Value/Gross Profit8.65
Enterprise Value/Ebitda36.63
Forecast
1Y Price Target
$64.58Price Target Upside3.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Carrier Global News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCarrier Global outperformed with a robust operational quarter, beating earnings per share estimates which reflects the company's strong execution and higher HVAC margins.
Shareholder ReturnsAs Carrier Global advances towards its net leverage target, the company anticipates resuming stock repurchases, signaling confidence in its financial strategy and commitment to delivering shareholder value.
Strategic DivestituresCarrier Global is making significant strides in its transformation to a specialized Climate Solutions provider, having completed key asset sales that will streamline its business and reduce debt.
Bears Say
Company PerformanceRevenue outlook for Viessmann has been lowered, while profit expectations remain unchanged.
Market DemandNorth American residential HVAC sales drop as destocking concludes.
Order VolumeLight commercial orders experience a 35% decrease due to challenging comparisons from previous periods.
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Ownership Overview
6.65% Insiders
41.22% Mutual Funds
24.22% Other Institutional Investors
27.91% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CARR FAQ
What was Carrier Global’s price range in the past 12 months?
Carrier Global lowest stock price was $39.83 and its highest was $63.79 in the past 12 months.
What is Carrier Global’s market cap?
Currently, no data Available
When is Carrier Global’s upcoming earnings report date?
Carrier Global’s upcoming earnings report date is Jul 25, 2024 which is in 81 days.
How were Carrier Global’s earnings last quarter?
Carrier Global released its earnings results on Apr 25, 2024. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.503 by $0.117.
Is Carrier Global overvalued?
According to Wall Street analysts Carrier Global’s price is currently Undervalued.
Does Carrier Global pay dividends?
Carrier Global pays a Quarterly dividend of $0.19 which represents an annual dividend yield of 1.21%. See more information on Carrier Global dividends here
What is Carrier Global’s EPS estimate?
Carrier Global’s EPS estimate is $0.84.
How many shares outstanding does Carrier Global have?
Carrier Global has 901,012,500 shares outstanding.
What happened to Carrier Global’s price movement after its last earnings report?
Carrier Global reported an EPS of $0.62 in its last earnings report, beating expectations of $0.503. Following the earnings report the stock price went up 9.202%.
Which hedge fund is a major shareholder of Carrier Global?
Among the largest hedge funds holding Carrier Global’s share is Dodge & Cox. It holds Carrier Global’s shares valued at 829M.
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Carrier Global Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$64.58 (3.33% Upside)
$64.58 (3.33% Upside)
Blogger Sentiment
Bullish
CARR Sentiment 90%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 3.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.2%
Last 30 Days ▲ 5.8%
Last 30 Days ▲ 5.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Fundamentals
Return on Equity
12.64%
Trailing 12-Months
Asset Growth
54.52%
Trailing 12-Months
Company Description
Carrier Global
Florida-based Carrier Global Corporation provides HVAC (heating, ventilation, and air conditioning), refrigeration, fire, security, and building automation technologies worldwide. It operates through three segments: HVAC, Refrigeration, and Fire & Security.
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CARR Company Deck
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CARR Earnings Call
Q1 2024
0:00 / 0:00
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CARR Net sales Breakdown
68.51% HVAC
17.28% Refrigeration
16.44% Fire & Security
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CARR Stock 12 Months Forecast
Average Price Target
$64.58
▲(3.33% Upside)
Technical Analysis
Best Analysts Covering CARR
1 Year
1 Year Success Rate
10/12 ratings generated profit
1 Year Average Return
+9.98%
reiterated a buy rating 6 days ago
Copying Gautam Khanna's trades and holding each position for 1 Year would result in 83.33% of your transactions generating a profit, with an average return of +9.98% per trade.
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