Stocks of Carrier Global Corp (NYSE:CARR) traded higher last session on Wall Street, up 0.98% to $67.20.
CARR stock price is now -0.78% away from the 50-day moving average and -4.00% away from the 200-day moving average. The market capitalization of the company currently stands at $58.35B.
With the price target maintained at $80, Wolfe Research recently Upgraded its rating from Peer Perform to Outperform for Carrier Global Corp (NYSE: CARR). On February 14, 2025, Mizuho Upgraded its previous ‘Neutral’ rating to ‘Outperform’ on the stock keeping its target price maintained at $78, while ‘Goldman’ rates the stock as ‘Buy’
In other news, Crockett Kyle, VP, Controller & CAO sold 18,945 shares of the company’s stock on Feb 14 ’25. The stock was sold for $1,234,884 at an average price of $65.18. Upon completion of the transaction, the VP, Controller & CAO now directly owns 4,573 shares in the company, valued at $0.31 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 14 ’25, Officer Kyle Crockett bought 18,945 shares of the business’s stock. A total of $1,234,885 was incurred on buying the stock at an average price of $65.18. A total of 6.68% of the company’s stock is owned by insiders.
During the past 12 months, Carrier Global Corp has had a low of $53.33 and a high of $83.32. As of last week, the company has a debt-to-equity ratio of 0.91, a current ratio of 1.25, and a quick ratio of 0.96.
The net profit margin was 16.39% and return on equity was 27.44% for CARR. The company reported revenue of $3.63 billion for the quarter, compared to $2.75 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 31.99 percent.
