Carrier Global Corp Stock Buy Hold or Sell Recommendation
| CARR Stock | USD 78.87 1.87 2.43% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Carrier Global Corp is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Carrier Global Corp given historical horizon and risk tolerance towards Carrier Global. When Macroaxis issues a 'buy' or 'sell' recommendation for Carrier Global Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Carrier Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Carrier and provide practical buy, sell, or hold advice based on investors' constraints. Carrier Global Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Carrier |
Execute Carrier Global Buy or Sell Advice
The Carrier recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Carrier Global Corp. Macroaxis does not own or have any residual interests in Carrier Global Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Carrier Global's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Carrier Global Trading Alerts and Improvement Suggestions
| Carrier Global Corp has a strong financial position based on the latest SEC filings | |
| Over 85.0% of the company shares are held by institutions such as insurance companies | |
| On 18th of November 2024 Carrier Global paid $ 0.19 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Prospera Private Wealth LLC Buys Shares of 5,457 Carrier Global Co. |
Carrier Global Returns Distribution Density
The distribution of Carrier Global's historical returns is an attempt to chart the uncertainty of Carrier Global's future price movements. The chart of the probability distribution of Carrier Global daily returns describes the distribution of returns around its average expected value. We use Carrier Global Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Carrier Global returns is essential to provide solid investment advice for Carrier Global.
| Mean Return | 0.17 | Value At Risk | -1.87 | Potential Upside | 2.39 | Standard Deviation | 1.76 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Carrier Global historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Carrier Stock Institutional Investors
The Carrier Global's institutional investors refer to entities that pool money to purchase Carrier Global's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Nuveen Asset Management, Llc | 2024-06-30 | 12.8 M | Fmr Inc | 2024-09-30 | 8.7 M | Norges Bank | 2024-06-30 | 8 M | Fiera Capital Corporation | 2024-06-30 | 7.9 M | Northern Trust Corp | 2024-09-30 | 7.6 M | Legal & General Group Plc | 2024-06-30 | 6.5 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 6 M | T. Rowe Price Associates, Inc. | 2024-06-30 | 5.9 M | Pictet Asset Manangement Sa | 2024-06-30 | 5.9 M | Capital Research Global Investors | 2024-09-30 | 95.2 M | Vanguard Group Inc | 2024-09-30 | 95.2 M |
Carrier Global Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (2M) | (240M) | (408M) | (334M) | 237M | 248.9M | |
| Change In Cash | (182M) | 2.2B | (132M) | 494M | 6.5B | 6.8B | |
| Net Borrowings | (6M) | 9.9B | (551M) | (983M) | (1.1B) | (1.1B) | |
| Free Cash Flow | 1.8B | 1.4B | 1.9B | 1.4B | 2.1B | 1.9B | |
| Depreciation | 335M | 336M | 338M | 380M | 542M | 418M | |
| Other Non Cash Items | 2M | (910M) | (137M) | (1.8B) | 161M | 169.1M | |
| Capital Expenditures | 243M | 312M | 344M | 353M | 469M | 363M | |
| Net Income | 2.2B | 2.0B | 1.7B | 3.6B | 1.4B | 2.3B | |
| End Period Cash Flow | 952M | 3.1B | 3.0B | 3.5B | 10.0B | 10.5B | |
| Change To Netincome | (28M) | (736M) | (119M) | (1.9B) | (1.7B) | (1.6B) |
Carrier Global Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Carrier Global or Building Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Carrier Global's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Carrier stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 1.23 | |
σ | Overall volatility | 1.79 | |
Ir | Information ratio | 0.02 |
Carrier Global Volatility Alert
Carrier Global Corp currently demonstrates below-average downside deviation. It has Information Ratio of 0.02 and Jensen Alpha of 0.01. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Carrier Global's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Carrier Global's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Carrier Global Fundamentals Vs Peers
Comparing Carrier Global's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Carrier Global's direct or indirect competition across all of the common fundamentals between Carrier Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as Carrier Global or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Carrier Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing Carrier Global by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Carrier Global to competition |
| Fundamentals | Carrier Global | Peer Average |
| Return On Equity | 0.14 | -0.31 |
| Return On Asset | 0.0418 | -0.14 |
| Profit Margin | 0.14 % | (1.27) % |
| Operating Margin | 0.13 % | (5.51) % |
| Current Valuation | 79.74 B | 16.62 B |
| Shares Outstanding | 897.23 M | 571.82 M |
| Shares Owned By Insiders | 6.65 % | 10.09 % |
| Shares Owned By Institutions | 85.41 % | 39.21 % |
| Number Of Shares Shorted | 10.17 M | 4.71 M |
| Price To Earning | 10.68 X | 28.72 X |
| Price To Book | 4.70 X | 9.51 X |
| Price To Sales | 2.79 X | 11.42 X |
| Revenue | 22.1 B | 9.43 B |
| Gross Profit | 5.47 B | 27.38 B |
| EBITDA | 2.3 B | 3.9 B |
| Net Income | 1.44 B | 570.98 M |
| Cash And Equivalents | 2.98 B | 2.7 B |
| Cash Per Share | 3.57 X | 5.01 X |
| Total Debt | 14.68 B | 5.32 B |
| Debt To Equity | 1.26 % | 48.70 % |
| Current Ratio | 1.62 X | 2.16 X |
| Book Value Per Share | 16.37 X | 1.93 K |
| Cash Flow From Operations | 2.61 B | 971.22 M |
| Short Ratio | 2.72 X | 4.00 X |
| Earnings Per Share | 1.70 X | 3.12 X |
| Price To Earnings To Growth | 1.83 X | 4.89 X |
| Target Price | 81.48 | |
| Number Of Employees | 53 K | 18.84 K |
| Beta | 1.21 | -0.15 |
| Market Capitalization | 69.09 B | 19.03 B |
| Total Asset | 32.82 B | 29.47 B |
| Retained Earnings | 6.59 B | 9.33 B |
| Working Capital | 11.89 B | 1.48 B |
Note: Disposition of 14211 shares by Jurgen Timperman of Carrier Global at 59.4 subject to Rule 16b-3 [view details]
Carrier Global Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Carrier . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 140700.0 | |||
| Daily Balance Of Power | 1.222222 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 78.19 | |||
| Day Typical Price | 78.42 | |||
| Price Action Indicator | 1.61 | |||
| Period Momentum Indicator | 1.87 | |||
| Relative Strength Index | 45.42 |
About Carrier Global Buy or Sell Advice
When is the right time to buy or sell Carrier Global Corp? Buying financial instruments such as Carrier Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Retail
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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.