Carrier Global Corp (CARR) is a leading building products & equipment business with stocks listed in the US. It opened the day at US$52 after a previous close of US$52.21. During the day the price has varied from a low of USD51.2 to a high of USD52.06. The latest price was USD51.96 (25 minute delay). Carrier Global Corp is listed on the NYSE. All prices are listed in US Dollars.
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| Open | US$52 |
|---|---|
| High | US$52.06 |
| Low | US$51.2 |
| Close | US$51.96 |
| Previous close | US$52.21 |
| Change | US$-0.25 |
| Change % | -0.4788% |
| Volume | 7,935,857 |
| 52-week range | US$39.8569 - US$59.8039 |
|---|---|
| 50-day moving average | US$52.0278 |
| 200-day moving average | US$49.1442 |
| Target price | US$57.22 |
| PE ratio | 37.0355 |
| Dividend yield | US$0.74 (1.4%) |
| Earnings per share (TTM) | US$1.41 |
Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.
Historical closes compared with the last close of $51.96
| 1 week (2023-11-24) | -1.93% |
|---|---|
| 1 month (2023-11-01) | 4.63% |
| 3 months (2023-09-01) | -10.32% |
| 6 months (2023-06-01) | 25.20% |
| 1 year (2022-12-01) | 15.65% |
|---|---|
| 2 years (2021-12-01) | -3.06% |
| 3 years (2020-12-01) | 38.19% |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Valuing Carrier Global Corp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Carrier Global Corp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Carrier Global Corp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 37x. In other words, Carrier Global Corp shares trade at around 37x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Carrier Global Corp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.6632. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Carrier Global Corp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Carrier Global Corp's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$3.2 billion (£2.5 billion).
The EBITDA is a measure of a Carrier Global Corp's overall financial performance and is widely used to measure a its profitability.
Over the last 12 months, Carrier Global Corp's shares have ranged in value from as little as US$39.8569 up to US$59.8039. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Carrier Global Corp's is 1.285. This would suggest that Carrier Global Corp's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).
| Revenue TTM | US$22.1 billion |
|---|---|
| Operating margin TTM | 14.92% |
| Gross profit TTM | US$5.5 billion |
| Return on assets TTM | 6.35% |
| Return on equity TTM | 16.02% |
| Profit margin | 5.43% |
| Book value | 9.754 |
| Market capitalisation | US$43.8 billion |
TTM: trailing 12 months
Dividend payout ratio: 28.46% of net profits
Recently Carrier Global Corp has paid out, on average, around 28.46% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.4% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Carrier Global Corp shareholders could enjoy a 1.4% return on their shares, in the form of dividend payments. In Carrier Global Corp's case, that would currently equate to about $0.74 per share.
While Carrier Global Corp's payout ratio might seem fairly standard, it's worth remembering that Carrier Global Corp may be investing much of the rest of its net profits in future growth.
Carrier Global Corp's most recent dividend payout was on 20 November 2023. The latest dividend was paid out to all shareholders who bought their shares by 26 October 2023 (the "ex-dividend date").
Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies worldwide. 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, 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. Its other fire and security service offerings comprise audit, design, installation, and system integration, as well as aftermarket maintenance and repair and monitoring services. The company 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. The company was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.
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