Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
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
In the latest session, Carrier Global Corp (NYSE: CARR) closed at $66.69 down -0.51% from its previous closing price of $67.03. In other words, the price has decreased by -$0.51 from its previous closing price. On the day, 6.52 million shares were traded. CARR stock price reached its highest trading level at $68.39 during the session, while it also had its lowest trading level at $66.63.
Ratios:
For a deeper understanding of Carrier Global Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 62.46. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.73.
UBS Upgraded its Neutral to Buy on November 13, 2024, while the target price for the stock was maintained at $94.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 07 ’24 when Crockett Kyle sold 11,647 shares for $76.34 per share. The transaction valued at 889,082 led to the insider holds 2,042 shares of the business.
O’Connor Kevin J. sold 167,183 shares of CARR for $12,281,698 on Nov 06 ’24. The Senior VP & CLO now owns 46,083 shares after completing the transaction at $73.46 per share. On Nov 07 ’24, another insider, Kyle Crockett, who serves as the Officer of the company, bought 11,647 shares for $76.33 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CARR now has a Market Capitalization of 59836071936 and an Enterprise Value of 70837092352. As of this moment, Carrier’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.42, and their Forward P/E ratio for the next fiscal year is 21.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.50 while its Price-to-Book (P/B) ratio in mrq is 4.53. Its current Enterprise Value per Revenue stands at 2.856 whereas that against EBITDA is 21.349.
Stock Price History:
Over the past 52 weeks, CARR has reached a high of $83.32, while it has fallen to a 52-week low of $53.13. The 50-Day Moving Average of the stock is -11.82%, while the 200-Day Moving Average is calculated to be -1.91%.
Shares Statistics:
For the past three months, CARR has traded an average of 4.27M shares per day and 4935980 over the past ten days. A total of 997.11M shares are outstanding, with a floating share count of 837.53M. Insiders hold about 6.65% of the company’s shares, while institutions hold 85.07% stake in the company. Shares short for CARR as of 1732838400 were 11109821 with a Short Ratio of 2.60, compared to 1730332800 on 10169644. Therefore, it implies a Short% of Shares Outstanding of 11109821 and a Short% of Float of 1.97.
Dividends & Splits
According to the company, the forward annual dividend rate for CARR is 0.76, from 0.76 in the trailing year. Against a Trailing Annual Dividend Yield of 0.011338207
