Carrier Global Corp (CARR) concluded trading on Wednesday at a closing price of $76.40, with 7.8 million shares of worth about $596.29 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 16.11% during that period and on November 13, 2024 the price saw a gain of about 1.27%. Currently the company’s common shares owned by public are about 839.91M shares, out of which, 837.75M shares are available for trading.
Stock saw a price change of 1.35% in past 5 days and over the past one month there was a price change of -6.38%. Year-to-date (YTD), CARR shares are showing a performance of 32.99% which increased to 49.98% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $50.67 but also hit the highest price of $83.32 during that period. The average intraday trading volume for Carrier Global Corp shares is 3.61 million. The stock is currently trading 0.40% above its 20-day simple moving average (SMA20), while that difference is down -1.43% for SMA50 and it goes to 16.41% higher than SMA200.
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Carrier Global Corp (NYSE: CARR) currently have 839.91M outstanding shares and institutions hold larger chunk of about 84.76% of that.
The stock has a current market capitalization of $68.55B and its 3Y-monthly beta is at 1.20. PE ratio of stock for trailing 12 months is 19.96, while it has posted earnings per share of $3.83 in the same period. Its PEG reads 2.00 and has Quick Ratio of 0.82 while making debt-to-equity ratio of 0.88. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CARR, volatility over the week remained 1.99% while standing at 2.02% over the month.
Stock’s fiscal year EPS is expected to drop by -3.09% while it is estimated to increase by 15.10% in next year. EPS is likely to grow at an annualized rate of 10.00% for next 5-years, compared to annual growth of -12.91% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on Nov-14-24 offering a Buy rating for the stock and assigned a target price of $94 to it. Coverage by Stephens stated Carrier Global Corp (CARR) stock as an Equal-weight in their note to investors on October 16, 2024, suggesting a price target of $85 for the stock. Stock get an Equal-weight rating from Morgan Stanley on September 06, 2024.
