Currently, there are 860.19M common shares owned by the public and among those 797.48M shares have been available to trade.
The company’s stock has a 5-day price change of 6.35% and 14.56% over the past three months. CARR shares are trading 9.36% year to date (YTD), with the 12-month market performance up to 14.42% higher. It has a 12-month low price of $54.22 and touched a high of $83.32 over the same period. CARR has an average intraday trading volume of 5.62 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 14.64%, 15.91%, and 6.70% respectively.
Institutional ownership of Carrier Global Corp (NYSE: CARR) shares accounts for 83.80% of the company’s 860.19M shares outstanding.
It has a market capitalization of $64.00B and a beta (3y monthly) value of 1.34. The stock’s trailing 12-month PE ratio is 17.13, while the earnings-per-share (ttm) stands at $4.36. The company has a PEG of 1.24 and a Quick Ratio of 0.83 with the debt-to-equity ratio at 0.84. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.95% over the week and 2.71% over the month.
Analysts forecast that Carrier Global Corp (CARR) will achieve an EPS of 0.9 for the current quarter, 0.91 for the next quarter and 3.44 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.83 while analysts give the company a high EPS estimate of 0.83. Comparatively, EPS for the current quarter was 0.87 a year ago. Earnings per share for the fiscal year are expected to increase by 18.22%, and 13.80% over the next financial year. EPS should grow at an annualized rate of 13.84% 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. Northcoast stated their Buy rating for the stock in a research note on May 09, 2025, with the firm’s price target at $85. JP Morgan coverage for the Carrier Global Corp (CARR) stock in a research note released on March 05, 2025 offered a Overweight rating with a price target of $78. Wolfe Research was of a view on February 24, 2025 that the stock is Outperform, while Mizuho gave the stock Outperform rating on February 14, 2025, issuing a price target of $78. Goldman on their part issued Buy rating on December 12, 2024.
