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Carrier Global (CARR)
NYSE:CARR
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CARR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$51.20 - $83.32
Previous Close$74.5
Volume4.72M
Average Volume (3M)3.83M
Market Cap
$68.12B
Enterprise Value$77.69B
Total Cash (Recent Filing)$2.23B
Total Debt (Recent Filing)$12.88B
Price to Earnings (P/E)19.4
Beta1.53
Next Earnings
Feb 11, 2025EPS Estimate
$0.5Last Dividend Ex-Date
Oct 25, 2024Dividend Yield1.02%
Share Statistics
EPS (TTM)3.83
Shares Outstanding897,227,361
10 Day Avg. Volume4,807,083
30 Day Avg. Volume3,830,136
Standard Deviation0.09
R-Squared0.44
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)4.55
Price to Sales (P/S)2.78
Price to Cash Flow (P/CF)-62.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.24
Enterprise Value/Gross Profit12.17
Enterprise Value/Ebitda11.88
Forecast
1Y Price Target
$86.20Price Target Upside13.27% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Carrier Global News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst recommends buying Carrier Global shares due to an improved portfolio, capital deployment, and underlying momentum supportive of solid EPS growth and multiple expansion.
Order GrowthData center orders tripled in thermal, indicating significant growth in this sector.
Risk ManagementCarrier's settlement for $615 million that resolves most of its claims comes in materially lower than the $2 billion estimate for Carrier’s total liability related to AFFF, with insurance proceeds expected to cover the amount.
Bears Say
Financial PerformanceTotal system sales were down approximately 47% year over year.
Guidance And ExpectationsFull-year organic sales guidance was reduced, and free cash flow guidance moved lower due to greater tax payments on portfolio transformation.
Liability And SettlementCarrier inherits AFFF liability through KFI, which it received in the company’s 2020 spin-off from UTC, and is set to pay ~$0.6bn to settle.
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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 $51.20 and its highest was $83.32 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 Feb 11, 2025 which is in 82 days.
How were Carrier Global’s earnings last quarter?
Carrier Global released its earnings results on Oct 24, 2024. The company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.807 by -$0.037.
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 1.02%. See more information on Carrier Global dividends here
What is Carrier Global’s EPS estimate?
Carrier Global’s EPS estimate is $0.5.
How many shares outstanding does Carrier Global have?
Carrier Global has 897,227,360 shares outstanding.
What happened to Carrier Global’s price movement after its last earnings report?
Carrier Global reported an EPS of $0.77 in its last earnings report, missing expectations of $0.807. Following the earnings report the stock price went down -8.816%.
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 1B.
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Carrier Global Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$86.20 (13.27% Upside)
$86.20 (13.27% Upside)
Blogger Sentiment
Bullish
CARR Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 761.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $13.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 19.8%
Last 30 Days ▲ 19.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.70%
12-Months-Change
Fundamentals
Return on Equity
31.39%
Trailing 12-Months
Asset Growth
51.45%
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
Q3 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
$86.20
▲(13.27% Upside)
Technical Analysis
Best Analysts Covering CARR
1 Year
1 Year Success Rate
11/12 ratings generated profit
1 Year Average Return
+27.69%
reiterated a buy rating 28 days ago
Copying Noah Kaye's trades and holding each position for 1 Year would result in 91.67% of your transactions generating a profit, with an average return of +27.69% per trade.
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