A share price of Carrier Global Corp [CARR] is currently trading at $65.37, up 0.77%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CARR shares have gain 2.01% over the last week, with a monthly amount glided 2.33%, and 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 March 05, 2025, when JP Morgan upgraded its rating to a Overweight and also boosted its price target to $78 from $77. Previously, Wolfe Research upgraded its rating to Outperform on February 24, 2025, and kept the price target unchanged to $80. On February 14, 2025, upgrade upgraded it’s rating to Outperform but maintained its price target of $78 on the stock. Northcoast initiated its recommendation with a Neutral. UBS upgraded its rating to Buy for this stock on November 13, 2024, but kept the price target unchanged to $94. In a note dated October 16, 2024, Stephens downgraded an Equal-Weight rating on this stock and boosted its target price from $75 to $85.
Carrier Global Corp experienced fluctuations in its stock price throughout the past year between $53.33 and $83.32. Currently, Wall Street analysts expect the stock to reach $84.43 within the next 12 months. Carrier Global Corp [NYSE: CARR] shares were valued at $65.37 at the most recent close of the market. An investor can expect a potential return of 29.16% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.8.
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 64.43 points at the first support level, and at 63.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 65.93, and for the 2nd resistance point, it is at 66.50.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Carrier Global Corp [NYSE:CARR] is 1.25. As well, the Quick Ratio is 0.96, while the Cash Ratio is 0.5. Considering the valuation of this stock, the price to sales ratio is 2.35, the price to book ratio is 4.08 and price to earnings (TTM) ratio is 15.63.
Transactions by insiders
Recent insider trading involved Kevin O’Connor, Officer, that happened on Feb 27 ’25 when 56980.0 shares were purchased. VP, Controller & CAO, Crockett Kyle completed a deal on Feb 14 ’25 to sell 18945.0 shares. Meanwhile, Officer Kyle Crockett bought 18945.0 shares on Feb 14 ’25.
