Currently, there are 878.34M common shares owned by the public and among those 810.35M shares have been available to trade.
The company’s stock has a 5-day price change of 2.18% and -10.47% over the past three months. CARR shares are trading -2.51% year to date (YTD), with the 12-month market performance up to 23.77% higher. It has a 12-month low price of $53.33 and touched a high of $83.32 over the same period. CARR has an average intraday trading volume of 5.36 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 1.76%, -1.91%, and -4.90% respectively.
Institutional ownership of Carrier Global Corp (NYSE: CARR) shares accounts for 85.52% of the company’s 878.34M shares outstanding.
It has a market capitalization of $57.79B and a beta (3y monthly) value of 1.23. The stock’s trailing 12-month PE ratio is 15.91, while the earnings-per-share (ttm) stands at $4.18. The company has a PEG of 1.12 and a Quick Ratio of 0.96 with the debt-to-equity ratio at 0.91. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.63% over the week and 2.27% over the month.
Earnings per share for the fiscal year are expected to increase by 17.12%, and 14.42% over the next financial year. EPS should grow at an annualized rate of 14.17% over the next five years, compared to -28.10% 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 Outperform rating for the stock in a research note on Feb-25-25, with the firm’s price target at $80. Mizuho coverage for the Carrier Global Corp (CARR) stock in a research note released on February 14, 2025 offered a Outperform rating with a price target of $78. UBS on their part issued Buy rating on November 13, 2024.
