Carrier Global Corp (CARR) concluded trading on Wednesday at a closing price of $68.80, with 4.78 million shares of worth about $328.78 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.55% during that period and on January 15, 2025 the price saw a gain of about 0.58%. Currently the company’s common shares owned by public are about 997.11M shares, out of which, 837.53M shares are available for trading.
Stock saw a price change of 0.86% in past 5 days and over the past one month there was a price change of -6.45%. Year-to-date (YTD), CARR shares are showing a performance of 0.79% which increased to 22.55% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $53.13 but also hit the highest price of $83.32 during that period. The average intraday trading volume for Carrier Global Corp shares is 4.52 million. The stock is currently trading 0.36% above its 20-day simple moving average (SMA20), while that difference is down -5.02% for SMA50 and it goes to -0.04% lower than SMA200.
Carrier Global Corp (NYSE: CARR) currently have 997.11M outstanding shares and institutions hold larger chunk of about 85.03% of that.
The stock has a current market capitalization of $61.73B and its 3Y-monthly beta is at 1.24. PE ratio of stock for trailing 12 months is 17.97, while it has posted earnings per share of $3.83 in the same period. Its PEG reads 1.80 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 2.22% while standing at 2.26% over the month.
Stock’s fiscal year EPS is expected to drop by -7.63% while it is estimated to increase by 19.11% 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 Goldman on December 12, 2024 offering a Buy rating for the stock and assigned a target price of $96 to it. On November 13, 2024, UBS Upgrade their recommendations, while on October 16, 2024, Stephens Downgrade their ratings for the stock with a price target of $85. Stock get a Neutral rating from JP Morgan on October 10, 2024.
