Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Carrier Global (CARR)
NYSE:CARR
Holding CARR?
Track your performance easily
CARR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$45.68 - $70.09
Previous Close$67.43
Volume2.61M
Average Volume (3M)3.84M
Market Cap
$60.87B
Enterprise Value$72.09B
Total Cash (Recent Filing)$2.92B
Total Debt (Recent Filing)$13.82B
Price to Earnings (P/E)17.9
Beta1.43
Next Earnings
Oct 24, 2024EPS Estimate
$0.82Last Dividend Ex-Date
Jun 21, 2024Dividend Yield1.12%
Share Statistics
EPS (TTM)3.76
Shares Outstanding901,012,491
10 Day Avg. Volume3,890,239
30 Day Avg. Volume3,844,689
Standard Deviation0.09
R-Squared0.45
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-5.08
Price to Sales (P/S)2.56
Price to Cash Flow (P/CF)354.10
P/FCF Ratio175.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.04
Enterprise Value/Gross Profit11.29
Enterprise Value/Ebitda12.99
Forecast
1Y Price Target
$71.56Price Target Upside6.12% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Carrier Global News
Bulls Say, Bears Say
Bulls Say
Buyback ProgramCarrier has initiated a buyback program with $1bn in buybacks in 2H24 and additional buybacks planned for '25.
Order GrowthOrders were a bright spot in the quarter up + 30% alleviating some of the concerns regarding market share loss.
Portfolio TransformationCarrier is transforming its portfolio to a pure play HVAC, which is potentially driving the re-rating.
Bears Say
Financial PerformanceViessmann's full-year forecast has been revised down again to -15%, reflecting ongoing pressure in Europe.
Growth GuidanceViessman could be a bigger drag than the company is currently guiding – analysts estimate Viessmann sales could be down closer to mid-teens+ in 2024 vs. management’s expectation of flat to down mid-single digits.
SalesVCS sales missed again due to weak German heat pump, boiler, and solar sales.
---
Ownership Overview
6.63% Insiders
41.96% Mutual Funds
22.12% Other Institutional Investors
29.28% 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.
---
CARR FAQ
What was Carrier Global’s price range in the past 12 months?
Carrier Global lowest stock price was $45.68 and its highest was $70.09 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 Oct 24, 2024 which is in 84 days.
How were Carrier Global’s earnings last quarter?
Carrier Global released its earnings results on Jul 25, 2024. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.846 by $0.024.
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 1.12%. See more information on Carrier Global dividends here
What is Carrier Global’s EPS estimate?
Carrier Global’s EPS estimate is $0.82.
How many shares outstanding does Carrier Global have?
Carrier Global has 902,751,950 shares outstanding.
What happened to Carrier Global’s price movement after its last earnings report?
Carrier Global reported an EPS of $0.87 in its last earnings report, beating expectations of $0.846. Following the earnings report the stock price went down -1.758%.
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.
---
Carrier Global Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$71.56 (6.12% Upside)
$71.56 (6.12% Upside)
Blogger Sentiment
Bullish
CARR Sentiment 90%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 933.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $20.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days >0.1%
Last 30 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
15.84%
12-Months-Change
Fundamentals
Return on Equity
31.13%
Trailing 12-Months
Asset Growth
53.80%
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.
---
CARR Company Deck
---
CARR Earnings Call
Q2 2024
0:00 / 0:00
---
CARR Net sales Breakdown
68.51% HVAC
17.28% Refrigeration
16.44% Fire & Security
---
CARR Stock 12 Month Forecast
Average Price Target
$71.56
▲(6.12% Upside)
Technical Analysis
Best Analysts Covering CARR
1 Year
1 Year Success Rate
10/10 ratings generated profit
1 Year Average Return
+23.26%
reiterated a buy rating 7 days ago
Copying Noah Kaye's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +23.26% per trade.
---