Free Trial

Carrier Global (CARR) Competitors

$63.19
-0.15 (-0.24%)
(As of 05/31/2024 ET)

CARR vs. JCI, LII, AAON, QCOM, CRM, TMUS, ADBE, CSCO, AMAT, and TXN

Should you be buying Carrier Global stock or one of its competitors? The main competitors of Carrier Global include Johnson Controls International (JCI), Lennox International (LII), AAON (AAON), QUALCOMM (QCOM), Salesforce (CRM), T-Mobile US (TMUS), Adobe (ADBE), Cisco Systems (CSCO), Applied Materials (AMAT), and Texas Instruments (TXN).

Carrier Global vs.

Johnson Controls International (NYSE:JCI) and Carrier Global (NYSE:CARR) are both large-cap industrial products companies, but which is the better stock? We will compare the two companies based on the strength of their earnings, risk, analyst recommendations, profitability, institutional ownership, dividends, community ranking, media sentiment and valuation.

90.1% of Johnson Controls International shares are owned by institutional investors. Comparatively, 91.0% of Carrier Global shares are owned by institutional investors. 0.7% of Johnson Controls International shares are owned by company insiders. Comparatively, 7.0% of Carrier Global shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Johnson Controls International has a beta of 1.23, indicating that its stock price is 23% more volatile than the S&P 500. Comparatively, Carrier Global has a beta of 1.34, indicating that its stock price is 34% more volatile than the S&P 500.

In the previous week, Johnson Controls International had 2 more articles in the media than Carrier Global. MarketBeat recorded 13 mentions for Johnson Controls International and 11 mentions for Carrier Global. Carrier Global's average media sentiment score of 0.60 beat Johnson Controls International's score of 0.25 indicating that Johnson Controls International is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Johnson Controls International
6 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Carrier Global
4 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
3 Negative mention(s)
1 Very Negative mention(s)
Neutral

Johnson Controls International pays an annual dividend of $1.48 per share and has a dividend yield of 2.1%. Carrier Global pays an annual dividend of $0.76 per share and has a dividend yield of 1.2%. Johnson Controls International pays out 59.9% of its earnings in the form of a dividend. Carrier Global pays out 53.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Johnson Controls International has increased its dividend for 3 consecutive years and Carrier Global has increased its dividend for 3 consecutive years.

Johnson Controls International received 1071 more outperform votes than Carrier Global when rated by MarketBeat users. Likewise, 66.23% of users gave Johnson Controls International an outperform vote while only 46.49% of users gave Carrier Global an outperform vote.

CompanyUnderperformOutperform
Johnson Controls InternationalOutperform Votes
1157
66.23%
Underperform Votes
590
33.77%
Carrier GlobalOutperform Votes
86
46.49%
Underperform Votes
99
53.51%

Johnson Controls International has higher revenue and earnings than Carrier Global. Johnson Controls International is trading at a lower price-to-earnings ratio than Carrier Global, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Johnson Controls International$26.79B1.81$1.85B$2.4729.11
Carrier Global$22.10B2.58$1.35B$1.4344.19

Johnson Controls International has a net margin of 6.32% compared to Johnson Controls International's net margin of 5.41%. Johnson Controls International's return on equity of 26.01% beat Carrier Global's return on equity.

Company Net Margins Return on Equity Return on Assets
Johnson Controls International6.32% 13.21% 5.35%
Carrier Global 5.41%26.01%7.76%

Johnson Controls International currently has a consensus target price of $63.00, suggesting a potential downside of 12.39%. Carrier Global has a consensus target price of $62.71, suggesting a potential downside of 0.75%. Given Johnson Controls International's higher probable upside, analysts plainly believe Carrier Global is more favorable than Johnson Controls International.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Johnson Controls International
1 Sell rating(s)
9 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.21
Carrier Global
3 Sell rating(s)
6 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.14

Summary

Johnson Controls International and Carrier Global tied by winning 10 of the 20 factors compared between the two stocks.

Get Carrier Global News Delivered to You Automatically

Sign up to receive the latest news and ratings for CARR and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CARR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

CARR vs. The Competition

MetricCarrier GlobalRefrigeration & heating equipment IndustryComputer SectorNYSE Exchange
Market Cap$56.93B$25.93B$21.46B$17.79B
Dividend Yield1.20%1.15%2.70%3.55%
P/E Ratio44.1927.48240.3225.81
Price / Sales2.583.31537.8411.40
Price / Cash18.5117.8330.6818.95
Price / Book4.7816.026.505.90
Net Income$1.35B$792.22M$629.81M$976.46M
7 Day Performance-3.75%-2.10%-0.69%0.62%
1 Month Performance3.39%2.41%2.80%4.79%
1 Year Performance52.23%38.51%27.68%24.00%

Carrier Global Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
JCI
Johnson Controls International
4.318 of 5 stars
$71.91
+0.5%
$63.00
-12.4%
+19.9%$48.44B$26.79B29.11100,000Options Volume
LII
Lennox International
3.8075 of 5 stars
$502.60
+1.7%
$484.62
-3.6%
+77.5%$17.90B$4.98B29.1212,600High Trading Volume
AAON
AAON
3.9249 of 5 stars
$75.05
+0.2%
N/A+92.6%$6.17B$1.17B34.963,856Dividend Announcement
Positive News
QCOM
QUALCOMM
4.8374 of 5 stars
$204.05
-0.4%
$185.91
-8.9%
+76.2%$227.72B$35.82B27.4350,000Analyst Forecast
CRM
Salesforce
4.8131 of 5 stars
$234.44
+7.5%
$292.79
+24.9%
+10.1%$227.17B$34.86B42.1772,682Earnings Report
Analyst Forecast
Insider Selling
Options Volume
Analyst Revision
News Coverage
High Trading Volume
TMUS
T-Mobile US
4.8148 of 5 stars
$174.96
+2.9%
$186.33
+6.5%
+26.0%$205.03B$78.56B23.8067,000Analyst Forecast
Insider Selling
Options Volume
High Trading Volume
ADBE
Adobe
4.8366 of 5 stars
$444.76
-0.2%
$620.72
+39.6%
+4.2%$199.25B$19.41B42.5229,945Short Interest ↑
High Trading Volume
CSCO
Cisco Systems
4.757 of 5 stars
$46.50
+0.8%
$56.47
+21.4%
-6.5%$187.34B$57.00B15.6684,900Insider Selling
High Trading Volume
AMAT
Applied Materials
4.6879 of 5 stars
$215.08
-0.7%
$215.64
+0.3%
+59.5%$178.08B$26.52B24.7234,000Insider Selling
High Trading Volume
TXN
Texas Instruments
4.5627 of 5 stars
$195.01
-0.3%
$182.48
-6.4%
+10.9%$177.55B$17.52B30.4234,000Gap Up

Related Companies and Tools

This page (NYSE:CARR) was last updated on 6/2/2024 by MarketBeat.com Staff

From Our Partners