Carrier Global Corp (NYSE: CARR) – Suitable For Long Term Buy?

Currently, there are 839.91M common shares owned by the public and among those 837.38M shares have been available to trade.

The company’s stock has a 5-day price change of -1.47% and 6.70% over the past three months. CARR shares are trading 29.38% year to date (YTD), with the 12-month market performance up to 39.67% higher. It has a 12-month low price of $51.20 and touched a high of $83.32 over the same period. CARR has an average intraday trading volume of 3.72 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 -0.58%, -4.52%, and 12.62% respectively.

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

Institutional ownership of Carrier Global Corp (NYSE: CARR) shares accounts for 85.15% of the company’s 839.91M shares outstanding.

It has a market capitalization of $66.69B and a beta (3y monthly) value of 1.21. The stock’s trailing 12-month PE ratio is 19.42, while the earnings-per-share (ttm) stands at $3.83. The company has a PEG of 1.94 and a Quick Ratio of 0.82 with the debt-to-equity ratio at 0.88. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.80% over the week and 2.15% over the month.

Earnings per share for the fiscal year are expected to decrease by -3.78%, and 15.62% over the next financial year. EPS should grow at an annualized rate of 10.00% over the next five years, compared to -12.91% over the past 5-year period.

Looking at the support for the CARR, a number of firms have released research notes about the stock. UBS stated their Buy rating for the stock in a research note on November 13, 2024, with the firm’s price target at $94. Stephens coverage for the Carrier Global Corp (CARR) stock in a research note released on October 16, 2024 offered a Equal-Weight rating with a price target of $85. Morgan Stanley on their part issued Equal-Weight rating on September 06, 2024.

Most Popular

Related Posts