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NYSE:CARR

Carrier Global (CARR) Stock Price, News & Analysis

$69.48
+0.44 (+0.64%)
(As of 09/6/2024 ET)
Today's Range
$68.97
$71.24
50-Day Range
$61.90
$72.78
52-Week Range
$45.68
$73.06
Volume
4.18 million shs
Average Volume
4.23 million shs
Market Capitalization
$62.60 billion
P/E Ratio
48.59
Dividend Yield
1.09%
Price Target
$69.38

Carrier Global MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
0.1% Downside
$69.38 Price Target
Short Interest
Healthy
1.56% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.91
Upright™ Environmental Score
News Sentiment
0.74mentions of Carrier Global in the last 14 days
Based on 24 Articles This Week
Insider Trading
Selling Shares
$4.03 M Sold Last Quarter
Proj. Earnings Growth
7.75%
From $2.84 to $3.06 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.44 out of 5 stars

Computer And Technology Sector

113th out of 594 stocks

Refrigeration & Heating Equipment Industry

1st out of 4 stocks

CARR stock logo

About Carrier Global Stock (NYSE:CARR)

Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies in the United States, Europe, the Asia Pacific, and internationally. It operates through three segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment provides products, controls, services, and solutions to meet the heating, cooling, and ventilation needs of residential and commercial customers. Its products include air conditioners, heating systems, heat pumps, controls, and aftermarket components, as well as aftermarket repair and maintenance services and building automation solutions. The Refrigeration segment offers transport refrigeration and monitoring products and services, as well as digital solutions for trucks, trailers, shipping containers, intermodal applications, food retail, and warehouse cooling; and commercial refrigeration solutions, such as refrigerated cabinets, freezers, systems, and controls. The Fire & Security segment provides various residential, commercial, and industrial technologies, including fire, flame, gas, smoke, and carbon monoxide detection; portable fire extinguishers; fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. This segment also offers fire and security service, such as audit, design, installation, and system integration, as well as aftermarket maintenance and repair and monitoring services. It offers its products under the Autronica, Det-Tronics, Edwards, Aritech, Fireye, GST, Kidde, LenelS2, Marioff, Onity, and Supra; Carrier, Toshiba, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, and Riello; and Carrier Commercial Refrigeration, Carrier Transicold, and Sensitech brands. Carrier Global Corporation was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.

CARR Stock Price History

CARR Stock News Headlines

What is Nvidia’s New $1 Trillion SuperProject?
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
Breaking Down Carrier Global: 10 Analysts Share Their Views
What is Nvidia’s New $1 Trillion SuperProject?
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
Carrier Global Corp. (US14448C1045.SG)
See More Headlines
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Company Calendar

Ex-Dividend for 8/8 Dividend
6/21/2024
Last Earnings
7/25/2024
Dividend Payable
8/08/2024
Today
9/07/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Refrigeration & heating equipment
Sub-Industry
Machinery
Fax
N/A
Employees
53,000
Year Founded
1902

Price Target and Rating

Average Stock Price Target
$69.38
High Stock Price Target
$81.00
Low Stock Price Target
$53.00
Potential Upside/Downside
-0.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
14 Analysts

Profitability

Net Income
$1.35 billion
Pretax Margin
21.14%

Debt

Sales & Book Value

Annual Sales
$23.70 billion
Cash Flow
$3.27 per share
Book Value
$15.60 per share

Miscellaneous

Free Float
838,392,000
Market Cap
$62.60 billion
Optionable
Not Optionable
Beta
1.32

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Should I Buy Carrier Global Stock? CARR Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Carrier Global Co.:

  • Recent developments in Carrier Global Co. have shown strong growth potential, attracting investors.
  • Carrier Global Co. has introduced innovative products that are gaining market share rapidly.
  • Current stock price of Carrier Global Co. is favorable for investors looking for potential growth.
  • Strategic partnerships and acquisitions by Carrier Global Co. have enhanced its market position.
  • Positive analyst recommendations and outlook for Carrier Global Co. indicate a promising future.

Cons

Investors should be bearish about investing in Carrier Global Co. for these reasons:

  • Market volatility and economic uncertainties may impact the stock price of Carrier Global Co.
  • Competitive landscape in the industry poses challenges for Carrier Global Co.'s market share.
  • Regulatory changes or disruptions in supply chains could affect Carrier Global Co.'s operations.
  • Fluctuations in raw material prices may impact the profitability of Carrier Global Co.
  • Global economic conditions and geopolitical risks could influence the performance of Carrier Global Co.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 26, 2024. Please send any questions or comments about these Carrier Global pros and cons to contact@marketbeat.com.

CARR Stock Analysis - Frequently Asked Questions

How have CARR shares performed this year?

Carrier Global's stock was trading at $57.45 at the beginning of 2024. Since then, CARR stock has increased by 20.9% and is now trading at $69.48.
View the best growth stocks for 2024 here
.

How were Carrier Global's earnings last quarter?

Carrier Global Co. (NYSE:CARR) issued its earnings results on Thursday, July, 25th. The company reported $0.87 earnings per share for the quarter, beating analysts' consensus estimates of $0.85 by $0.02. The company's revenue for the quarter was up 11.7% on a year-over-year basis.
Read the conference call transcript
.

What is David Gitlin's approval rating as Carrier Global's CEO?

1,551 employees have rated Carrier Global Chief Executive Officer David Gitlin on Glassdoor.com. David Gitlin has an approval rating of 76% among the company's employees.

Who are Carrier Global's major shareholders?

Carrier Global's top institutional investors include Fiera Capital Corp (0.88%), Legal & General Group Plc (0.72%), PineStone Asset Management Inc. (0.71%) and Bank of New York Mellon Corp (0.65%). Insiders that own company stock include David L Gitlin, Ajay Agrawal, Nadia Villeneuve, Kyle Crockett and Jurgen Timperman.
View institutional ownership trends
.

How do I buy shares of Carrier Global?

Shares of CARR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Carrier Global own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Carrier Global investors own include RTX (RTX), Johnson & Johnson (JNJ), AT&T (T), Procter & Gamble (PG), Pfizer (PFE), QUALCOMM (QCOM) and Cisco Systems (CSCO).

This page (NYSE:CARR) was last updated on 9/7/2024 by MarketBeat.com Staff

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