Quick News Update on CARR

Today Barrons is reported that Carrier Global was among the many large U.S. companies that declared dividend increases this week." For full coverage click here.

Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies worldwide. The company belongs to the Industrials sector, which has an average price to earnings (P/E) ratio of 21.46 and an average price to book (P/B) ratio of 3.7. In contrast, Carrier Global has a trailing 12 month P/E ratio of 10.4 and a P/B ratio of 5.0.

Carrier Global has moved -21.7% over the last year compared to -15.7% for the S&P 500 -- a difference of -5.9%. Carrier Global has a 52 week high of $56.04 and a 52 week low of $33.1. At today's price of $43.02 per share, Carrier Global is -4.04% away from its target price of $44.83, and on average, analysts give the stock a rating of buy. 1.2% of the company's shares are linked to short positions, and 87.9% of the shares are owned by institutional investors.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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