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Carrier Global (DE:4PN)
XETRA:4PN
Carrier Global (4PN) Stock Price & Analysis
3 Followers
4PN Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€36.35 - €59.22
Previous Close€58.49
Volume545.00
Average Volume (3M)589.00
Market Cap
€50.93B
Enterprise Value€67.38B
Total Cash (Recent Filing)$1.31B
Total Debt (Recent Filing)$17.40B
Price to Earnings (P/E)44.1
Beta1.32
Next Earnings
Jul 25, 2024EPS Estimate
€0.79Last Dividend Ex-Date
May 02, 2024Dividend Yield1.19%
Share Statistics
EPS (TTM)1.33
Shares Outstanding901,012,491
10 Day Avg. Volume298
30 Day Avg. Volume589
Standard Deviation0.08
R-Squared0.16
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)-5.06
Price to Sales (P/S)6.07
Price to Cash Flow (P/CF)353.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.93
Enterprise Value/Gross Profit8.15
Enterprise Value/Ebitda34.52
Forecast
1Y Price Target
€60.27Price Target Upside3.04% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Carrier Global News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCarrier Global's adjusted earnings per share exceeded expectations, highlighting a strong performance, particularly in the HVAC sector with improved margins.
Sales GrowthCarrier Global experienced a significant increase in sales in America for both light commercial and commercial sectors, demonstrating robust demand and market growth.
Strategic DivestituresCarrier Global is strategically transforming into a pure-play Climate Solutions provider, with recent divestitures fetching substantial proceeds that will strengthen the company's balance sheet through debt reduction.
Bears Say
Corporate Financial HealthThe bid for KFI's assets is only $140 million in cash with a potential earn-out of up to $60 million which may not cover all liabilities.
Market DemandAnalyst reiterates Underperform rating given concerns about European heat pump demand and the US residential and light commercial HVAC market.
Operational Performance4Q23 operational miss, EPS beat on low tax rate; concerns about European heat pump demand and the US resi and light commercial HVAC market.
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Options Prices
Currently, No data available
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Ownership Overview
6.66% Insiders
41.22% Mutual Funds
22.28% Other Institutional Investors
29.85% Public Companies and
Individual Investors
4PN FAQ
What was Carrier Global’s price range in the past 12 months?
Carrier Global lowest stock price was €36.35 and its highest was €59.22 in the past 12 months.
What is Carrier Global’s market cap?
Currently, no data Available
When is Carrier Global’s upcoming earnings report date?
Carrier Global’s upcoming earnings report date is Jul 25, 2024 which is in 84 days.
How were Carrier Global’s earnings last quarter?
Carrier Global released its earnings results on Apr 25, 2024. The company reported €0.582 earnings per share for the quarter, beating the consensus estimate of €0.472 by €0.11.
Is Carrier Global overvalued?
According to Wall Street analysts Carrier Global’s price is currently Undervalued.
Does Carrier Global pay dividends?
Carrier Global pays a Quarterly dividend of €0.18 which represents an annual dividend yield of 1.19%. See more information on Carrier Global dividends here
What is Carrier Global’s EPS estimate?
Carrier Global’s EPS estimate is €0.79.
How many shares outstanding does Carrier Global have?
Carrier Global has 901,012,500 shares outstanding.
What happened to Carrier Global’s price movement after its last earnings report?
Carrier Global reported an EPS of €0.582 in its last earnings report, beating expectations of €0.472. Following the earnings report the stock price went up 7.146%.
Which hedge fund is a major shareholder of Carrier Global?
Among the largest hedge funds holding Carrier Global’s share is Dodge & Cox. It holds Carrier Global’s shares valued at 829M.
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Carrier Global Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
€60.27 (3.04% Upside)
€60.27 (3.04% Upside)
Blogger Sentiment
Bullish
DE:4PN Sentiment 90%
Sector Average 69%
Sector Average 69%
Insider Transactions
Sold Shares
Worth $1.4M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
49.35%
12-Months-Change
Fundamentals
Return on Equity
12.64%
Trailing 12-Months
Asset Growth
54.52%
Trailing 12-Months
Company Description
Carrier Global
Florida-based Carrier Global Corporation provides HVAC (heating, ventilation, and air conditioning), refrigeration, fire, security, and building automation technologies worldwide. It operates through three segments: HVAC, Refrigeration, and Fire & Security.
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4PN Company Deck
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4PN Earnings Call
Q1 2024
0:00 / 0:00
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4PN Net sales Breakdown
68.51% HVAC
17.28% Refrigeration
16.44% Fire & Security
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4PN Stock 12 Months Forecast
Average Price Target
€60.27
▲(3.04% Upside)
Technical Analysis
Carrier Global
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Lennox International
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A. O. Smith Corporation
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Honeywell International
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Best Analysts Covering 4PN
1 Year
1 Year Success Rate
10/12 ratings generated profit
1 Year Average Return
+10.92%
reiterated a buy rating 3 days ago
Copying Gautam Khanna's trades and holding each position for 1 Year would result in 83.33% of your transactions generating a profit, with an average return of +10.92% per trade.
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