Carrier Global Corp's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 27 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 72.25.In the medium term, the stock price is expected to trend up.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Carrier Global Corp is 7.42, ranking 78 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Its financial status is weak, and its operating efficiency is average. Its latest quarterly revenue reached 4.84B, representing a year-over-year decrease of 6.04%, while its net profit experienced a year-over-year decrease of 97.92%.
Key Metrics
The current valuation score of Carrier Global Corp is 8.96, ranking 2 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Its current P/E ratio is 34.03, which is 32.95% below the recent high of 45.25 and 74.56% above the recent low of 8.66.
The current earnings forecast score of Carrier Global Corp is 7.68, ranking 80 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The average price target is 72.00, with a high of 90.00 and a low of 59.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Carrier Global Corp is 7.28, ranking 66 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Currently, the stock price is trading between the resistance level at 64.18 and the support level at 54.77, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Carrier Global Corp is 7.00, ranking 83 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The latest institutional shareholding proportion is 89.15%, representing a quarter-over-quarter increase of 0.34%. The largest institutional shareholder is The Vanguard, holding a total of 92.30M shares, representing 11.05% of shares outstanding, with 2.32% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Machinery, Tools, Heavy Vehicles, Trains & Ships domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Carrier Global Corp is 8.01, ranking 38 out of 181 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The company's beta value is 1.30. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Carrier Global Corp’s latest ESG disclosure leads the Machinery, Tools, Heavy Vehicles, Trains & Ships industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
