Carrier Global Corp (CARR) average volume reaches $4.12M: Are the Stars Lining Up for Investors?

Witnessing the stock’s movement on the chart, on Wednesday, Carrier Global Corp (NYSE: CARR) had a quiet start as it plunged -0.26% to $75.38, before settling in for the price of $75.58 at the close. Taking a more long-term approach, CARR posted a 52-week range of $52.28-$83.32.

It was noted that the giant of the Industrials sector posted annual sales growth of 3.51% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -12.91%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -7.48%. This publicly-traded company’s shares outstanding now amounts to $997.11 million, simultaneously with a float of $837.38 million. The organization now has a market capitalization sitting at $67.63 billion. At the time of writing, stock’s 50-day Moving Average stood at $77.53, while the 200-day Moving Average is $67.09.

Carrier Global Corp (CARR) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Building Products & Equipment industry. Carrier Global Corp’s current insider ownership accounts for 6.67%, in contrast to 85.04% institutional ownership. According to the most recent insider trade that took place on Nov 07 ’24, this organization’s VP, Controller & CAO sold 11,647 shares at the rate of 76.34, making the entire transaction reach 889,082 in total value, affecting insider ownership by 2,042. Preceding that transaction, on Nov 06 ’24, Company’s Senior VP & CLO sold 167,183 for 73.46, making the whole transaction’s value amount to 12,281,698. This particular insider is now the holder of 46,083 in total.

Carrier Global Corp (CARR) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.62 per share during the current fiscal year.

Carrier Global Corp’s EPS decrease for this current 12-month fiscal period is -7.48% and is forecasted to reach 3.03 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.00% through the next 5 years, which can be compared against the -12.91% growth it accomplished over the previous five years trading on the market.

Carrier Global Corp (NYSE: CARR) Trading Performance Indicators

Let’s observe the current performance indicators for Carrier Global Corp (CARR). It’s Quick Ratio in the last reported quarter now stands at 0.82. The Stock has managed to achieve an average true range (ATR) of 1.58. Alongside those numbers, its PE Ratio stands at $19.69, and its Beta score is 1.21. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.82. Similarly, its price to free cash flow for trailing twelve months is now 70.60.

In the same vein, CARR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.83, a figure that is expected to reach 0.48 in the next quarter, and analysts are predicting that it will be 3.03 at the market close of one year from today.

Technical Analysis of Carrier Global Corp (CARR)

Going through the that latest performance of [Carrier Global Corp, CARR]. Its last 5-days volume of 3.12 million was inferior to the volume of 4.21 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 34.43% While, its Average True Range was 1.53.

Raw Stochastic average of Carrier Global Corp (CARR) in the period of the previous 100 days is set at 64.09%, which indicates a major rise in contrast to 36.44% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 21.33% that was lower than 29.23% volatility it exhibited in the past 100-days period.