The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Carrier Global Corp (NYSE: CARR) closed at $58.60 down -1.46% from its previous closing price of $59.47. In other words, the price has decreased by -$1.46 from its previous closing price. On the day, 7.74 million shares were traded.
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 12.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1150.67. For the most recent quarter (mrq), Quick Ratio is recorded 0.96 and its Current Ratio is at 1.25. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.81.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on March 05, 2025, Upgraded its rating to Overweight and sets its target price to $78 from $77 previously.
On February 24, 2025, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $80.
Mizuho Upgraded its Neutral to Outperform on February 14, 2025, while the target price for the stock was maintained at $78.
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 Mar 13 ’25 when Kevin O’Connor bought 34,428 shares for $65.10 per share.
Kevin O’Connor bought 56,980 shares of CARR for $3,726,944 on Feb 27 ’25. On Feb 14 ’25, another insider, Crockett Kyle, who serves as the VP, Controller & CAO of the company, sold 18,945 shares for $65.18 each. As a result, the insider received 1,234,884 and left with 4,573 shares of the company.
Valuation Measures:
As of this moment, Carrier’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.01, and their Forward P/E ratio for the next fiscal year is 17.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.11 while its Price-to-Book (P/B) ratio in mrq is 3.66.
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 $53.66. The 50-Day Moving Average of the stock is -8.12%, while the 200-Day Moving Average is calculated to be -16.12%.
Shares Statistics:
A total of 878.34M shares are outstanding, with a floating share count of 804.09M. Insiders hold about 6.93% of the company’s shares, while institutions hold 86.33% stake in the company.
