Carrier Global Corp Stock Today

CARR Stock  USD 80.42  0.38  0.47%   

Performance

16 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Carrier Global is selling at 80.42 as of the 8th of October 2024; that is 0.47% down since the beginning of the trading day. The stock's lowest day price was 79.69. Carrier Global has under 5 % chance of experiencing financial distress over the next 2 years and had a solid performance during the last 90 days. Note, on April 16, 2020, Representative Debbie Dingell of US Congress acquired under $15k worth of Carrier Global Corp's common stock.
Business Domain
Capital Goods
IPO Date
3rd of April 2020
Category
Industrials
Carrier Global Corporation provides heating, ventilating, and air conditioning , refrigeration, fire, security, and building automation technologies worldwide. The company was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida. Carrier Global operates under Building Products Equipment classification in the United States and is traded on New York Stock Exchange. The company has 902.75 M outstanding shares of which 13.25 M shares are currently shorted by private and institutional investors with about 4.1 trading days to cover. More on Carrier Global Corp

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Carrier Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanDavid Gitlin
Business ConcentrationBuilding Products, Building Products & Equipment, Industrials, NYSE Composite, SP 500 Index, Industrials, Building Products, Building Products & Equipment, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0390.0411
Notably Down
Pretty Stable
Asset Turnover0.860.6733
Significantly Up
Slightly volatile
Gross Profit Margin0.320.2888
Significantly Up
Pretty Stable
Total Current Liabilities5.9 B6.9 B
Fairly Down
Slightly volatile
Non Current Liabilities Total11.2 B16.9 B
Way Down
Slightly volatile
Total Assets28.3 B32.8 B
Fairly Down
Slightly volatile
Total Current Assets10.5 B18.8 B
Way Down
Slightly volatile
Total Cash From Operating Activities2.3 B2.6 B
Fairly Down
Pretty Stable
Debt Levels
Carrier Global can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Carrier Global's financial leverage. It provides some insight into what part of Carrier Global's total assets is financed by creditors.
Liquidity
Carrier Global Corp currently holds 14.68 B in liabilities with Debt to Equity (D/E) ratio of 1.26, which is about average as compared to similar companies. Carrier Global Corp has a current ratio of 1.59, which is within standard range for the sector. Note, when we think about Carrier Global's use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

646.8 Million
Carrier Global Corp (CARR) is traded on New York Stock Exchange in USA. It is located in 13995 Pasteur Boulevard, Palm Beach Gardens, FL, United States, 33418 and employs 53,000 people. Carrier Global is listed under Building Products category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 72.94 B. Carrier Global Corp conducts business under Building Products sector and is part of Industrials industry. The entity has 902.75 M outstanding shares of which 13.25 M shares are currently shorted by private and institutional investors with about 4.1 trading days to cover. Carrier Global Corp currently holds about 2.98 B in cash with 2.61 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.57.
Check Carrier Global Probability Of Bankruptcy
Ownership Allocation
Carrier Global holds a total of 902.75 Million outstanding shares. The majority of Carrier Global Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Carrier Global Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Carrier Global. Please pay attention to any change in the institutional holdings of Carrier Global Corp as this could imply that something significant has changed or is about to change at the company. Please note that on April 16, 2020, Representative Debbie Dingell of US Congress acquired under $15k worth of Carrier Global Corp's common stock.
Check Carrier Ownership Details

Carrier Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-06-30
12.2 M
Norges Bank2024-06-30
M
Fiera Capital Corporation2024-06-30
7.9 M
Northern Trust Corp2024-06-30
7.9 M
Legal & General Group Plc2024-06-30
6.5 M
Stonepine Asset Management Inc.2024-06-30
6.4 M
Fmr Inc2024-06-30
6.4 M
T. Rowe Price Associates, Inc.2024-06-30
5.9 M
Ubs Asset Mgmt Americas Inc2024-06-30
5.9 M
Capital Research Global Investors2024-06-30
95.5 M
Vanguard Group Inc2024-06-30
94.6 M
View Carrier Global Diagnostics

Carrier Global Historical Income Statement

At this time, Carrier Global's Tax Provision is relatively stable compared to the past year. As of 10/08/2024, Interest Expense is likely to grow to about 237 M, while Interest Income is likely to drop slightly above 61.9 M. View More Fundamentals

Carrier Stock Against Markets

Carrier Global Corporate Management

Timothy WhitePresident - RefrigerationProfile
Michael TodmanIndependent DirectorProfile
Virginia WilsonIndependent DirectorProfile
Milena OliveiraSenior OfficerProfile
JeanPierre GarnierLead Independent DirectorProfile
Hakan YilmazSenior OfficerProfile

Additional Tools for Carrier Stock Analysis

When running Carrier Global's price analysis, check to measure Carrier Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carrier Global is operating at the current time. Most of Carrier Global's value examination focuses on studying past and present price action to predict the probability of Carrier Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carrier Global's price. Additionally, you may evaluate how the addition of Carrier Global to your portfolios can decrease your overall portfolio volatility.