We Compiled the Most Important Facts About Carrier Global

By Susan Ramirez • Monday, December 18 16:38 • Permanent Link

Join us for a quick overview of Carrier Global, a Farm & Heavy Construction Machinery company whose shares moved -1.0% today. Here are some facts about the stock that should help you see the bigger picture:

Carrier Global has moved 38.1% over the last year, and the S&P 500 logged a change of 23.6%
CARR has an average analyst rating of buy and is -2.74% away from its mean target price of $58.36 per share
Its trailing earnings per share (EPS) is $1.41
Carrier Global has a trailing 12 month Price to Earnings (P/E) ratio of 40.3 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $2.87 and its forward P/E ratio is 19.8
The company has a Price to Book (P/B) ratio of 5.82 in contrast to the S&P 500's average ratio of 2.95
Carrier Global is part of the Industrials sector, which has an average P/E ratio of 22.19 and an average P/B of 4.06
CARR has reported YOY quarterly earnings growth of -72.5% and gross profit margins of 0.3%
The company has a free cash flow of $2.25 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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, controls, services, and solutions to meet the heating, cooling, and ventilation needs of residential and commercial customers. Its products include air conditioners, heating systems, controls, and aftermarket components, as well as aftermarket repair and maintenance services and building automation solutions. The Refrigeration segment offers transport refrigeration and monitoring products and services, as well as digital solutions for trucks, trailers, shipping containers, intermodal applications, food retail, and warehouse cooling; and commercial refrigeration solutions, such as refrigerated cabinets, freezers, systems, and controls. The Fire & Security segment provides various residential, commercial, and industrial technologies, including fire, flame, gas, smoke, and carbon monoxide detection; portable fire extinguishers; fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. Its other fire and security service offerings comprise audit, design, installation, and system integration, as well as aftermarket maintenance and repair and monitoring services. The company offers its products under the Autronica, Det-Tronics, Edwards, Aritech, Fireye, GST, Kidde, LenelS2, Marioff, Onity, and Supra; Carrier, Toshiba, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, and Riello; and Carrier Commercial Refrigeration, Carrier Transicold, and Sensitech brands. The company was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.

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.