Large-cap Industrials company Carrier Global has logged a -1.8% change today on a trading volume of 996,544. The average volume for the stock is 5,781,363.
Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies worldwide. Based in Palm Beach Gardens, United States the company has 52,000 full time employees and a market cap of $37,375,696,896. Carrier Global currently offers its equity investors a dividend that yields 1.5% per year.
The company is now trading -7.44% away from its average analyst target price of $48.37 per share. The 16 analysts following the stock have set target prices ranging from $45.0 to $54.0, and on average give Carrier Global a rating of buy.
Over the last year, CARR shares have gone up 17.4%, which represents a difference of 11.0% when compared to the S&P 500. The stock's 52 week high is $49.17 per share whereas its 52 week low is $33.1. With its gross margins declining a compounded average of -2.1% over the last 4 years, Carrier Global may not have a strong enough business to maintain this trend.
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 20,421,000 | 14,957,000 | 26.76 | -7.76 |
| 2021-12-31 | 20,613,000 | 14,633,000 | 29.01 | -0.89 |
| 2020-12-31 | 17,456,000 | 12,347,000 | 29.27 | 0.52 |
| 2019-12-31 | 18,608,000 | 13,189,000 | 29.12 | n/a |
