Carrier Global Corp (NYSE: CARR) is -4.68% lower on its value in year-to-date trading and has touched a low of $40.28 and a high of $60.87 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CARR stock was last observed hovering at around $55.46 in the last trading session, with the day’s loss setting it -0.7%.
Currently trading at $54.76, the stock is -4.58% and -2.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.17 million and changing -1.26% at the moment leaves the stock -0.00% off its SMA200. CARR registered 23.61% gain for a year compared to 6-month gain of 4.19%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -4.01% loss in the last 1 month and extending the period to 3 months gives it a -1.95%, and is -5.76% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.32% over the week and 2.13% over the month.
Carrier Global Corp (CARR) has around 53000 employees, a market worth around $49.29B and $22.10B in sales. Current P/E ratio is 34.64 and Fwd P/E is 17.77. Profit margin for the company is 6.10%. Distance from 52-week low is 35.95% and -10.04% from its 52-week high. The company has generated returns on investments over the last 12 months (5.79%).
The EPS is expected to grow by 3.47% this year.
Carrier Global Corp (CARR) Top Institutional Holders
The shares outstanding are 900.10M, and float is at 840.18M with Short Float at 1.68%.
Carrier Global Corp (CARR) Insider Activity
The most recent transaction is an insider sale by Gitlin David L.,the company’sChairman and CEO. SEC filings show that Gitlin David L. sold 354,539 shares of the company’s common stock on Feb 08 ’24 at a price of $54.16 per share for a total of $19.2 million. Following the sale, the insider now owns 0.42 million shares.
Carrier Global Corp disclosed in a document filed with the SEC on Feb 08 ’24 that O’Connor Kevin J. (Senior VP & CLO) sold a total of 26,551 shares of the company’s common stock. The trade occurred on Feb 08 ’24 and was made at $53.77 per share for $1.43 million. Following the transaction, the insider now directly holds 66083.0 shares of the CARR stock.
Still, SEC filings show that on Feb 08 ’24, Crockett Kyle (Vice President, Controller) disposed off 12,170 shares at an average price of $53.96 for $0.66 million. The insider now directly holds 2,042 shares of Carrier Global Corp (CARR).
