Shares of Large-cap industrials company Carrier Global moved 1.4 this evening, and are now trading at $54.27 per share. On the other hand, the average analyst target price for the stock is $60.47.
Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies worldwide.
Potential Carrier Global Investors Should Analyze the Following:
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Carrier Global has moved 55.0% over the last year.
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The company has a price to earnings growth (PEG) ratio of 2.06. A number between 0 and 1 could mean that the market is undervaluing Carrier Global's estimated growth potential
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Its Price to Book (P/B) ratio is 5.7
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Carrier Global currently returns an annual dividend yield of 1.3%.
Understanding Carrier Global's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-07 | 20,421,000 | -3,051,000 | 12 | 9.09 |
| 2022-02-08 | 20,613,000 | -3,623,000 | 11 | 0.0 |
| 2021-02-09 | 17,456,000 | -3,239,000 | 11 |
Over the last 3 years, Carrier Global's operating margins have averaged 11.3%, which is comparable to the Farm & Heavy Construction Machinery industry average of 13.8%. The firm's margins exhibit a relatively stable growth trend of 2.4%.
