A share price of Carrier Global Corp [CARR] is currently trading at $67.11, up 1.71%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CARR shares have gain 5.52% over the last week, with a monthly amount drifted -4.88%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Carrier Global Corp [NYSE: CARR] stock has seen the most recent analyst activity on February 14, 2025, when Mizuho upgraded its rating to a Outperform but kept the price target unchanged to $78 for it. On November 22, 2024, Northcoast initiated with a Neutral rating. UBS upgraded its rating to a Buy but stick to its price target of $94 on November 13, 2024. Stephens downgraded its rating to a Equal-Weight and raised its price target to $85 on October 16, 2024. In a note dated September 06, 2024, Wolfe Research upgraded an Peer Perform rating on this stock.
Carrier Global Corp experienced fluctuations in its stock price throughout the past year between $53.13 and $83.32. Currently, Wall Street analysts expect the stock to reach $82.78 within the next 12 months. Carrier Global Corp [NYSE: CARR] shares were valued at $67.11 at the most recent close of the market. An investor can expect a potential return of 23.35% based on the average CARR price forecast.
Analyzing the CARR fundamentals
Trailing Twelve Months sales for Carrier Global Corp [NYSE:CARR] were 24.00B which represents 0.90% growth. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.33 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.8.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 65.96 points at the first support level, and at 64.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 67.74, and for the 2nd resistance point, it is at 68.36.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Carrier Global Corp [NYSE:CARR] is 1.25. Also, the Quick Ratio is 0.96, while the Cash Ratio stands at 0.5. Considering the valuation of this stock, the price to sales ratio is 2.43, the price to book ratio is 4.19 and price to earnings (TTM) ratio is 16.04.
Transactions by insiders
Recent insider trading involved Crockett Kyle, VP, Controller & CAO, that happened on Feb 14 ’25 when 18945.0 shares were sold. Officer, Kyle Crockett completed a deal on Feb 14 ’25 to buy 18945.0 shares. Meanwhile, Officer Kevin O’Connor bought 19500.0 shares on Feb 13 ’25.
