At the time of writing, Carrier Global Corp [CARR] stock is trading at $62.54, up 2.83%. 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 6.72% over the last week, with a monthly amount drifted -1.36%, 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 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.
For the past year, the stock price of Carrier Global Corp fluctuated between $54.22 and $83.32. Currently, Wall Street analysts expect the stock to reach $76.67 within the next 12 months. Carrier Global Corp [NYSE: CARR] shares were valued at $62.54 at the most recent close of the market. An investor can expect a potential return of 22.59% based on the average CARR price forecast.
Analyzing the CARR fundamentals
According to Carrier Global Corp [NYSE:CARR], the company’s sales were 24.00B for trailing twelve months, which represents an 0.90% jump. 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 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.41 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 0.9.
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 60.86 points at the first support level, and at 59.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 63.45, and for the 2nd resistance point, it is at 64.35.
Ratios To Look Out For
It is important to note that Carrier Global Corp [NYSE:CARR] has a current ratio of 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 2.25, the price to book ratio is 3.90 and price to earnings (TTM) ratio is 14.95.
Transactions by insiders
Recent insider trading involved Kevin O’Connor, Officer, that happened on Mar 13 ’25 when 34428.0 shares were purchased. Officer, Kevin O’Connor completed a deal on Feb 27 ’25 to buy 56980.0 shares. Meanwhile, VP, Controller & CAO Crockett Kyle sold 18945.0 shares on Feb 14 ’25.
