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Carrier Global (CARR)
NYSE:CARR
Carrier Global (CARR) Stock Price & Analysis
1,170 Followers
CARR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$40.13 - $66.50
Previous Close$63.34
Volume2.06M
Average Volume (3M)4.76M
Market Cap
$56.21B
Enterprise Value$73.50B
Total Cash (Recent Filing)$1.31B
Total Debt (Recent Filing)$17.40B
Price to Earnings (P/E)44.0
Beta1.39
Next Earnings
Jul 25, 2024EPS Estimate
$0.85Last Dividend Ex-Date
May 02, 2024Dividend Yield1.18%
Share Statistics
EPS (TTM)1.44
Shares Outstanding901,012,491
10 Day Avg. Volume3,213,281
30 Day Avg. Volume4,759,183
Standard Deviation0.09
R-Squared0.45
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-5.09
Price to Sales (P/S)2.58
Price to Cash Flow (P/CF)355.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.19
Enterprise Value/Gross Profit11.52
Enterprise Value/Ebitda37.65
Forecast
1Y Price Target
$65.08Price Target Upside4.31% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Carrier Global News
PremiumCompany Announcements
Carrier Global Enhances Liquidity with New Credit Facility
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCarrier Global posts a robust operational quarter with adjusted EPS beating estimates, highlighting strong performance in HVAC and Fire & Security sectors.
Stock RepurchaseAnalyst anticipates Carrier Global to resume share repurchases as it nears its target leverage ratio, signaling confidence in the company's financial strategy and future prospects.
Strategic DivestituresCarrier Global advances its transformation into a pure-play Climate Solutions provider with the completion of significant divestiture tranches, aiming to strengthen its financial position through debt reduction.
Bears Say
Analyst RatingAnalyst reiterates Underperform rating given concerns about European heat pump demand and the US residential and light commercial HVAC market.
Company GuidanceCARR lowered Viessmann's growth guide, now flat-to-down mid-single-digits.
Sector DemandRefrigeration segment orders were down approximately 25-30%, including a decline in global truck and trailer.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CARR FAQ
What was Carrier Global’s price range in the past 12 months?
Carrier Global lowest stock price was $40.13 and its highest was $66.50 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 55 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 1.18%. See more information on Carrier Global dividends here
What is Carrier Global’s EPS estimate?
Carrier Global’s EPS estimate is $0.85.
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 9.194%.
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 836M.
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Carrier Global Stock Smart Score
Neutral
1
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$65.08 (4.31% Upside)
$65.08 (4.31% Upside)
Blogger Sentiment
Bullish
CARR Sentiment 90%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 933.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.0%
Last 30 Days ▲ 1.7%
Last 30 Days ▲ 1.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
53.89%
12-Months-Change
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 Month Forecast
Average Price Target
$65.08
▲(4.31% Upside)
Technical Analysis
Best Analysts Covering CARR
1 Year
1 Year Success Rate
10/12 ratings generated profit
1 Year Average Return
+11.40%
reiterated a buy rating last month
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 +11.40% per trade.
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