In the latest trading session,, 1.47 million Carrier Global Corp (NYSE:CARR) shares changed hands as the company’s beta touched 1.34. With the company’s most recent per share price at $60.89 changing hands around $0.4 or 0.66% at last look, the market valuation stands at $52.61B. CARR’s current price is a discount, trading about -36.84% off its 52-week high of $83.32. The share price had its 52-week low at $54.22, which suggests the last value was 10.95% up since then. When we look at Carrier Global Corp’s average trading volume, we note the 10-day average is 4.59 million shares, with the 3-month average coming to 5.71 million.
Analysts gave the Carrier Global Corp (CARR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.92. If we narrow down to specifics, the data shows that 0 out of 13 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended CARR as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight. Carrier Global Corp’s EPS for the current quarter is expected to be 0.58.
Carrier Global Corp (NYSE:CARR) trade information
Instantly CARR is in green as seen in intraday trades today. With action 2.38%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -10.80%, with the 5-day performance at 2.38% in the green. However, in the 30-day time frame, Carrier Global Corp (NYSE:CARR) is -3.86% down. Looking at the short shares, we see there were 13.13 million shares sold at short interest cover period of 2.47 days.
The consensus price target for the stock as assigned by Wall Street analysts is 75, meaning bulls need an upside of 18.81% from its recent market value. According to analyst projections, CARR’s forecast low is 72 with 83 as the target high. To hit the forecast high, the stock’s price needs a -36.31% plunge from its current level, while the stock would need to soar -18.25% for it to hit the projected low.
Carrier Global Corp (CARR) estimates and forecasts
Year-over-year growth is forecast to reach 0.72% up from the last financial year.
Consensus estimates given by 17 financial analysts project the company’s revenue in the current quarter to hit an average of 5.19B. 17 analysts are of the opinion that Carrier Global Corp’s revenue for the current quarter will be 5.97B. The company’s revenue for the corresponding quarters a year ago was 6.18B and 6.69B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -16.10%. The estimates for the next quarter sales put growth at -10.71%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -28.10%. The 2025 estimates are for Carrier Global Corp earnings to increase by 16.48%, but the outlook for the next 5-year period is at 14.22% per year.
CARR Dividends
Carrier Global Corp is expected to release its next quarterly earnings report on 2025-Feb-10. The 1.31% annual yield figure for the share gives it an annual dividend of 0.79. It is important to note, however, that the 1.31% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Carrier Global Corp (NYSE:CARR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 6.93% of Carrier Global Corp shares while 86.80% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 93.26%. There are 86.80% institutions holding the Carrier Global Corp stock share, with CAPITAL RESEARCH GLOBAL INVESTORS the top institutional holder. As of 2024-06-30, the company held 10.5803% of the shares, roughly 95.48 million CARR shares worth $6.02 billion.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 10.4808% or 94.58 million shares worth $5.97 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were INVESTMENT CO OF AMERICA and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . With 35.9 shares estimated at $2.18 billion under it, the former controlled 4.16% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 3.09% of the shares, roughly 26.71 shares worth around $1.63 billion.
