During the recent session, Carrier Global Corp (NYSE:CARR)’s traded shares were 1.31 million, with the beta value of the company hitting 1.22. At the last check today, the stock’s price was $60.07, reflecting an intraday gain of 0.43% or $0.26. The 52-week high for the CARR share is $60.87, that puts it down -1.33 from that peak though still a striking 32.94% gain since the share price plummeted to a 52-week low of $40.28. The company’s market capitalization is $54.06B, and the average trade volume was 5.25 million shares over the past three months.
Carrier Global Corp (NYSE:CARR) trade information
Carrier Global Corp (CARR) registered a 0.43% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.43% in intraday trading to $60.07, hitting a weekly high. The stock’s 5-day price performance is 12.21%, and it has moved by 4.14% in 30 days. Based on these gigs, the overall price performance for the year is 47.76%.
Carrier Global Corp (CARR) estimates and forecasts
Statistics show that Carrier Global Corp has underperformed its competitors in share price, compared to the industry in which it operates. Carrier Global Corp (CARR) shares have gone up 27.69% during the last six months, with a year-to-date growth rate less than the industry average at 3.66% against 5.70. In the rating firms’ projections, revenue will increase 18.00% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 7.18B as predicted by 17 analyst(s). Meanwhile, a consensus of 15 analyst(s) estimates revenue growth to 6.62B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 5.99B and 5.73B respectively. In this case, analysts expect current quarter sales to grow by 19.70% and then jump by 15.50% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -12.91%. While earnings are projected to return 3.67% in 2024, the next five years will return 9.20% per annum.
CARR Dividends
Carrier Global Corp is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Carrier Global Corp is 0.74, with the dividend yield indicating at 1.24 percent, continuing the trend of increasing dividends in recent years.
