Carrier Global Corp (NYSE:CARR) shares traded -3.82% lower at $72.09 on Wall Street last session.
CARR stock price is now 10.12% away from the 50-day moving average and 2.70% away from the 200-day moving average. The market capitalization of the company currently stands at $61.80B.
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With the price target maintained at $85, Northcoast recently Upgraded its rating from Neutral to Buy for Carrier Global Corp (NYSE: CARR). On March 05, 2025, JP Morgan Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock increasing its target price from $77 to quote $78, while ‘Wolfe Research’ rates the stock as ‘Outperform’
In other news, Kyle Crockett, Officer bought 3,735 shares of the company’s stock on May 12 ’25. The stock was bought for $274,000 at an average price of $73.36. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 13 ’25, Officer Kevin O’Connor bought 34,428 shares of the business’s stock. A total of $2,241,280 was incurred on buying the stock at an average price of $65.10. A total of 6.98% of the company’s stock is owned by insiders.
During the past 12 months, Carrier Global Corp has had a low of $54.22 and a high of $83.32. As of last week, the company has a debt-to-equity ratio of 0.84, a current ratio of 1.20, and a quick ratio of 0.83.
The net profit margin was 17.70% and return on equity was 25.69% for CARR. For the current quarter, analysts expect CARR to generate $6.08B in revenue.
