How to buy Carrier Global Corp (CARR) shares in Australia
Learn how to easily invest in Carrier Global Corp shares.
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.
How to buy shares in Carrier Global Corp
- Compare share trading platforms. To buy shares in a company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. Look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, which will typically include your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Carrier Global Corp. Find the share by name or ticker symbol: CARR. Research its history to confirm it's a solid investment that matches your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Carrier Global Corp reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying using consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$52.21, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Carrier Global Corp, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Carrier Global Corp. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights.
What's in this guide?
- Carrier Global Corp key stats
- Compare share trading platforms
- Is Carrier Global Corp stock a buy or sell?
- Carrier Global Corp performance over time
- Are Carrier Global Corp shares over-valued?
- Carrier Global Corp's financials
- How volatile are Carrier Global Corp shares?
- Does Carrier Global Corp pay a dividend?
- Other common questions
Carrier Global Corp stock price (NYSE:CARR)Use our graph to track the performance of CARR stocks over time.
Carrier Global Corp shares at a glance
|52-week range||US$39.8569 - US$59.8039|
|50-day moving average||US$52.0278|
|200-day moving average||US$49.1442|
|Dividend yield||US$0.74 (1.4%)|
|Earnings per share (TTM)||US$1.41|
Carrier Global Corp price performance over time
|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%|
Compare trading platforms to buy Carrier Global Corp shares
Is it a good time to buy Carrier Global Corp stock?
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.
Is Carrier Global Corp under- or over-valued?
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 P/E ratio
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 PEG ratio
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
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.
Carrier Global Corp share price volatility
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).
Carrier Global Corp financials
|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%|
|Market capitalisation||US$43.8 billion|
TTM: trailing 12 months
Carrier Global Corp share dividends
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 Corp overview
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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