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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$53.13 - $83.32
Previous Close$68.49
Volume11.23M
Average Volume (3M)4.40M
Market Cap
$59.84B
Enterprise Value$70.84B
Total Cash (Recent Filing)$2.23B
Total Debt (Recent Filing)$12.88B
Price to Earnings (P/E)17.4
Beta1.57
Next Earnings
Feb 11, 2025EPS Estimate
$0.49Last Dividend Ex-Date
Dec 20, 2024Dividend Yield1.14%
Share Statistics
EPS (TTM)3.83
Shares Outstanding897,227,361
10 Day Avg. Volume9,764,609
30 Day Avg. Volume4,400,698
Standard Deviation0.09
R-Squared0.44
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)4.18
Price to Sales (P/S)2.50
Price to Cash Flow (P/CF)-55.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.96
Enterprise Value/Gross Profit11.10
Enterprise Value/Ebitda10.83
Forecast
1Y Price Target
$87.36Price Target Upside27.55% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Carrier Global News
PremiumCompany Announcements
Carrier Global Enhances Financial Structure with New Credit Agreement
PremiumCompany Announcements
Carrier Global Sells Fire Business for $3 BillionBulls Say, Bears Say
Bulls Say
Heat Pump SalesHeat pump sales increased by 17% quarter over quarter, reflecting a growing demand and market share in the system sales.
Order GrowthTotal orders turned positive in Q3, marking the best order quarter in over a year and indicating strong business momentum.
Risk ManagementCarrier's settlement for $615 million is significantly lower than the estimated $2 billion liability, with insurance proceeds expected to cover the settlement, reducing financial risk.
Bears Say
EarningsFull-year organic sales guidance was reduced, and free cash flow guidance moved lower due to greater tax payments on portfolio transformation.
Financial PerformanceTotal system sales were down approximately 47% year over year.
RevenueShares underperformed after reporting Q3 results, with HVAC performance being weaker than expected, leading to a pullback in the stock.
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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 $53.13 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 52 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 $0.224 which represents an annual dividend yield of 1.14%. See more information on Carrier Global dividends here
What is Carrier Global’s EPS estimate?
Carrier Global’s EPS estimate is $0.49.
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 -8.821%.
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:
$87.36 (27.55% Upside)
$87.36 (27.55% Upside)
Blogger Sentiment
Bullish
CARR Sentiment 100%
Sector Average 66%
Sector Average 66%
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 ▼ 0.4%
Last 30 Days ▲ 4.8%
Last 30 Days ▲ 4.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.78%
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
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with strong highlights in organic growth, aftermarket expansion, and successful integration of Viessmann. However, challenges remain with sales declines in certain segments and higher interest expenses. The company is optimistic about future growth and has taken steps to mitigate liabilities, indicating positive long-term prospects.Read More>---
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
$87.36
▲(27.55% Upside)
Technical Analysis
Best Analysts Covering CARR
1 Year
1 Year Success Rate
11/13 ratings generated profit
1 Year Average Return
+12.65%
reiterated a buy rating 5 months ago
Copying Gautam Khanna's trades and holding each position for 1 Year would result in 84.62% of your transactions generating a profit, with an average return of +12.65% per trade.
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