A new trading day began on Friday, with Carrier Global Corp (NYSE: CARR) stock price down -0.43% from the previous day of trading, before settling in for the closing price of $73.99. CARR’s price has ranged from $52.54 to $83.32 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 3.51% over the last five years. Meanwhile, its annual earnings per share averaged -7.48%. With a float of $837.38 million, this company’s outstanding shares have now reached $997.11 million.
The firm has a total of 53000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 28.0%, operating margin of 10.74%, and the pretax margin is 21.66%.
Carrier Global Corp (CARR) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Building Products & Equipment Industry. The insider ownership of Carrier Global Corp is 6.67%, while institutional ownership is 85.06%. 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) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -7.48% 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
Here are Carrier Global Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.75. Likewise, its price to free cash flow for the trailing twelve months is 68.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.83, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 3.03 in one year’s time.
Technical Analysis of Carrier Global Corp (CARR)
Analysing the last 5-days average volume posted by the [Carrier Global Corp, CARR], we can find that recorded value of 3.24 million was lower than the volume posted last year of 4.2 million. As of the previous 9 days, the stock’s Stochastic %D was 10.59%. Additionally, its Average True Range was 1.59.
During the past 100 days, Carrier Global Corp’s (CARR) raw stochastic average was set at 56.35%, which indicates a significant increase from 9.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.23% in the past 14 days, which was lower than the 28.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $77.29, while its 200-day Moving Average is $67.29. Now, the first resistance to watch is $74.55. This is followed by the second major resistance level at $75.44. The third major resistance level sits at $76.15. If the price goes on to break the first support level at $72.95, it is likely to go to the next support level at $72.24. Now, if the price goes above the second support level, the third support stands at $71.35.
Carrier Global Corp (NYSE: CARR) Key Stats
With a market capitalization of 65.81 billion, the company has a total of 897,227K Shares Outstanding. Currently, annual sales are 22,098 M while annual income is 1,349 M. The company’s previous quarter sales were 5,984 M while its latest quarter income was 447,000 K.
