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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$45.68 - $78.00
Previous Close$77.96
Volume4.18M
Average Volume (3M)3.69M
Market Cap
$70.59B
Enterprise Value$81.59B
Total Cash (Recent Filing)$2.92B
Total Debt (Recent Filing)$13.82B
Price to Earnings (P/E)20.5
Beta1.48
Next Earnings
Oct 24, 2024EPS Estimate
$0.8Last Dividend Ex-Date
Jun 21, 2024Dividend Yield0.98%
Share Statistics
EPS (TTM)3.76
Shares Outstanding902,751,929
10 Day Avg. Volume3,816,935
30 Day Avg. Volume3,691,954
Standard Deviation0.09
R-Squared0.44
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)5.11
Price to Sales (P/S)2.94
Price to Cash Flow (P/CF)26.20
P/FCF Ratio31.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.44
Enterprise Value/Gross Profit12.78
Enterprise Value/Ebitda14.70
Forecast
1Y Price Target
$73.70Price Target Upside-5.74% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Carrier Global News
PremiumCompany Announcements
Carrier Global Divests Fire Business to Lone Star Funds AffiliateBulls Say, Bears Say
Bulls Say
EarningsOrder growth has remained strong, up 20-30% year-over-year through the first two months of Q3.
Portfolio TransformationThe transformation to a pure-play HVAC company could serve as a valuation multiple catalyst, with the growth and margin profile of the new portfolio improved versus its legacy portfolio.
Share RepurchasesCarrier Global expects to repurchase all the 58 million shares issued for Viessmann by the end of 2025.
Bears Say
Financial PerformanceHVAC EBIT was below the Street's estimate.
Market ConditionsChina remains sluggish with expectations of a rebound towards the end of the year.
Sales PerformanceViessmann's full-year forecast has been revised down again to -15%, reflecting ongoing pressure in Europe.
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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 $45.68 and its highest was $78.00 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 35 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 Overvalued.
Does Carrier Global pay dividends?
Carrier Global pays a Quarterly dividend of $0.19 which represents an annual dividend yield of 0.98%. See more information on Carrier Global dividends here
What is Carrier Global’s EPS estimate?
Carrier Global’s EPS estimate is $0.8.
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 906M.
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Carrier Global Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$73.70 (-5.74% Downside)
$73.70 (-5.74% Downside)
Blogger Sentiment
Bullish
CARR Sentiment 90%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 421.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.3%
Last 30 Days ▲ 7.9%
Last 30 Days ▲ 7.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
45.69%
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.
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CARR Company Deck
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CARR Earnings Call
Q2 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
$73.70
▼(-5.74% Downside)
Technical Analysis
Best Analysts Covering CARR
1 Year
1 Year Success Rate
11/11 ratings generated profit
1 Year Average Return
+33.92%
reiterated a buy rating last month
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