CARR:NYE-Carrier Global Corp (USD)

COMMON STOCK | Building Products & Equipment | NYE

Last Closing Price

USD 43.97

Change

+0.92 (+2.14)%

Market Cap

USD 35.52B

Volume

3.57M

Avg Analyst Target

USD 46.26 (+5.22%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


CARR Stock Forecast & Price:
Based on the Carrier Global Corp stock forecasts from 10 analysts, the average analyst target price for Carrier Global Corp is USD 46.26 over the next 12 months. Carrier Global Corp’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Carrier Global Corp is Bearish, which is based on 3 positive signals and 8 negative signals. At the last closing, Carrier Global Corp’s stock price was USD 43.97. Carrier Global Corp’s stock price has changed by +4.99% over the past week, +21.70% over the past month and -21.45% over the last year.

About Carrier Global Corp (CARR:NYE)

Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies worldwide. It operates through three segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment provides products, ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-08-12 )

Largest Industry Peers for Building Products & Equipment

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
JCI Johnson Controls International..

+1.69 (+3.00%)

USD38.98B 38.24 15.43
CSL Carlisle Companies Incorporate..

+1.24 (+0.40%)

USD15.89B 22.16 14.42
MAS Masco Corporation

+0.82 (+1.50%)

USD12.35B 15.34 11.23
WMS Advanced Drainage Systems Inc

+4.21 (+2.92%)

USD12.18B 32.39 18.24
BLDR Builders FirstSource Inc

+0.49 (+0.70%)

USD10.67B 4.61 3.46
LII Lennox International Inc

+10.48 (+4.17%)

USD9.00B 19.65 15.64
FBHS Fortune Brands Home & Security..

+0.43 (+0.62%)

USD8.93B 12.49 9.35
OC Owens Corning Inc

+0.97 (+1.08%)

USD8.82B 8.14 4.90
TREX Trex Company Inc

+1.80 (+3.15%)

USD6.30B 25.53 14.74
LPX Louisiana-Pacific Corporation

+1.56 (+2.62%)

USD4.94B 3.95 1.88

ETFs Containing CARR

Symbol Name Weight Mer Price(Change) Market Cap
CSD Invesco S&P Spin-Off ETF 0.00 % 0.65 %

+0.82 (+1.44%)

USD0.06B
CSD Invesco S&P Spin-Off ETF 0.00 % 0.65 %

+0.82 (+1.44%)

USD0.06B
FCOR Fidelity® Corporate Bond.. 0.00 % 0.36 %

+0.45 (+0.95%)

USD0.17B
ONEO SPDR® Russell 1000 Momen.. 0.00 % 0.20 %

+1.28 (+1.34%)

USD0.30B
SIMS SPDR S&P Kensho Intellige.. 0.00 % 0.45 %

+1.18 (+3.00%)

USD0.04B
NRJ:PA Multi Units France - Lyxo.. 0.00 % 0.25 %

+0.26 (+0.59%)

USD1.58B
EL41:XETRA Deka MSCI USA MC UCITS ET.. 0.00 % 0.30 %

+0.31 (+1.16%)

USD0.04B
LYM9:XETRA Lyxor MSCI New Energy ESG.. 0.00 % 0.25 %

+0.42 (+0.95%)

USD1.55B
LBAY Tidal ETF Trust - Leather.. 0.00 % 1.43 %

+0.24 (+0.86%)

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Building Products & Equipment)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -18.93% 63% D 25% F
Dividend Return 0.55% 46% F 16% F
Total Return -18.38% 67% D+ 23% F
Trailing 12 Months  
Capital Gain -21.69% 38% F 24% F
Dividend Return 1.02% 31% F 18% F
Total Return -20.68% 38% F 21% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 29.78% 67% D+ 90% A-
Dividend Return 0.64% 15% F 16% F
Total Return 30.42% 67% D+ 89% B+
Risk Return Profile  
Volatility (Standard Deviation) 51.92% 46% F 17% F
Risk Adjusted Return 58.59% 67% D+ 80% B-
Market Capitalization 35.52B 96% A 93% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Building Products & Equipment)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 13.44 61% D- 60% D-
Price/Book Ratio 5.26 30% F 14% F
Price / Cash Flow Ratio 15.88 38% F 26% F
EV/EBITDA 9.72 50% F 45% F
Management Effectiveness  
Return on Equity 39.48% 70% C- 91% A-
Return on Invested Capital 11.81% 38% F 72% C-
Return on Assets 6.52% 29% F 78% C+
Debt to Equity Ratio 140.58% 20% F 24% F
Technical Ratios  
Dividend Yield 1.43% 54% F 21% F
Short Ratio 1.72 88% B+ 61% D-
Short Percent 1.62% 92% A- 71% C-
Beta 1.12 88% B+ 42% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.