On Monday, Carrier Global Corp (NYSE: CARR) opened lower -0.64% from the last session, before settling in for the closing price of $74.53. Price fluctuations for CARR have ranged from $51.20 to $83.32 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 3.51%. Company’s average yearly earnings per share was noted -3.08% at the time writing. With a float of $837.38 million, this company’s outstanding shares have now reached $839.91 million.
The extent of productivity of a business whose workforce counts for 53000 workers is very important to gauge. In terms of profitability, gross margin is 7.26%, operating margin of 10.74%, and the pretax margin is 21.66%.
Carrier Global Corp (CARR) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Building Products & Equipment industry is another important factor to consider. The insider ownership of Carrier Global Corp is 6.67%, while institutional ownership is 85.13%. The most recent insider transaction that took place on Nov 07 ’24, was worth 889,082. In this transaction VP, Controller & CAO of this company sold 11,647 shares at a rate of $76.34, taking the stock ownership to the 2,042 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Senior VP & CLO sold 167,183 for $73.46, making the entire transaction worth $12,281,698. This insider now owns 46,083 shares in total.
Carrier Global Corp (CARR) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -3.08% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to -12.91% drop over the previous five years of trading.
Carrier Global Corp (NYSE: CARR) Trading Performance Indicators
Check out the current performance indicators for Carrier Global Corp (CARR). In the past quarter, the stock posted a quick ratio of 0.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.76. Likewise, its price to free cash flow for the trailing twelve months is 68.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.83, a number that is poised to hit 0.50 in the next quarter and is forecasted to reach 3.05 in one year’s time.
Technical Analysis of Carrier Global Corp (CARR)
The latest stats from [Carrier Global Corp, CARR] show that its last 5-days average volume of 5.3 million was superior to 4.18 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 42.71%. Additionally, its Average True Range was 1.69.
During the past 100 days, Carrier Global Corp’s (CARR) raw stochastic average was set at 58.07%, which indicates a significant increase from 34.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.43% in the past 14 days, which was lower than the 29.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $77.80, while its 200-day Moving Average is $65.91. Now, the first resistance to watch is $74.67. This is followed by the second major resistance level at $75.29. The third major resistance level sits at $75.68. If the price goes on to break the first support level at $73.67, it is likely to go to the next support level at $73.28. The third support level lies at $72.66 if the price breaches the second support level.
Carrier Global Corp (NYSE: CARR) Key Stats
There are currently 897,227K shares outstanding in the company with a market cap of 66.05 billion. Presently, the company’s annual sales total 22,098 M according to its annual income of 1,349 M. Last quarter, the company’s sales amounted to 5,984 M and its income totaled 447,000 K.
