Currently, there are 834.66M common shares owned by the public and among those 778.26M shares have been available to trade.
Insiders at the company have transacted a total of 64 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 24 of these insider trades were purchases, accounting for 1,604,251 shares. Insider sales of the common stock occurred on 40 occasions, with total insider shares sold totaling 1,361,867 shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
However, the script later moved the day high at 57.50, down -0.92%. The company’s stock has a 5-day price change of -0.09% and 12.59% over the past three months. CARR shares are trading -2.07% year to date (YTD), with the 12-month market performance up to 19.37% higher. It has a 12-month low price of $40.28 and touched a high of $60.04 over the same period. CARR has an average intraday trading volume of 3.68 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.47%, 1.48%, and 8.87% respectively.
Institutional ownership of Carrier Global Corp (NYSE: CARR) shares accounts for 94.17% of the company’s 834.66M shares outstanding.
It has a market capitalization of $47.20B and a beta (3y monthly) value of 1.27. The stock’s trailing 12-month PE ratio is 40.01, while the earnings-per-share (ttm) stands at $1.41. The company has a PEG of 4.08 and a Quick Ratio of 1.25 with the debt-to-equity ratio at 1.13. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.83% over the week and 2.07% over the month.
Analysts forecast that Carrier Global Corp (CARR) will achieve an EPS of $0.51 for the current quarter, $0.55 for the next quarter and $2.86 for 2024. The lowest estimate earnings-per-share for the quarter is $0.46 while analysts give the company a high EPS estimate of $0.55. Comparatively, EPS for the current quarter was $0.4 a year ago. Earnings per share for the fiscal year are expected to increase by 16.01%, and 5.08% over the next financial year. EPS should shrink at an annualized rate of 9.80% over the next five years, compared to 23.71% over the past 5-year period.
Looking at the support for the CARR, a number of firms have released research notes about the stock. Wolfe Research stated their Underperform rating for the stock in a research note on October 12, 2023, with the firm’s price target at $56.
