More about Carrier Global Corporation
Regulatory Filings for Carrier Global Corporation
Fundamentals for Carrier Global Corporation
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Fundamentals for Carrier Global Corporation
Business Operations:
Sector: IndustrialsIndustry: Building Products & Equipment
Carrier Global Corporation provides intelligent climate and energy solutions in the United States, Europe, the Asia Pacific, and internationally. It operates through four segments: Climate Solutions Americas; Climate Solutions Europe; Climate Solutions Asia Pacific, Middle East & Africa; and Climate Solutions Transportation. The company provides air conditioners, heating systems, heat pumps, home and building energy management systems, automation systems, aftermarket components, and repair and maintenance and rental services, as well as modernization and upgrades to meet the heating, cooling, and ventilation needs of residential and commercial customers. It also offers transport refrigeration and monitoring products, services, and digital solutions for trucks, trailers, shipping containers, and intermodal and rail applications. The company offers its products under the Carrier, Viessmann, Toshiba, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, Carrier Transicold, and Sensitech brands. The company was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.
Revenue projections:
CARR's projected revenue decline from last year is likely to make investors cautious. Lower revenues often hurt a company's bottom line, leading investors to be concerned about the company's ability to maintain profitability and deliver strong financial results in the future.
Financial Ratios:
| currentRatio | 1.199000 |
|---|---|
| forwardPE | 19.473885 |
| debtToEquity | 87.719000 |
| earningsGrowth | -0.978000 |
| revenueGrowth | -0.060000 |
| grossMargins | 0.260540 |
| operatingMargins | 0.019230 |
| trailingEps | 1.690000 |
| forwardEps | 3.170400 |
CARR's current ratio being 1.199 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that CARR can meet its financial obligations with ease.
Carrier Global Corporation's Forward PE is at a healthy level, meaning the stock price is aligned favorably with earnings. This suggests that the stock isn't overpriced, providing room for growth and making it an appealing option for investors looking to capitalize on potential future gains.
Carrier Global Corporation's high debt-to-equity ratio points to a heavily leveraged company, with more debt than equity in its capital structure. While this can boost growth, it increases financial vulnerability in times of economic difficulty.
CARR's low earnings and revenue growth suggest that the company may face shrinking profits. This could indicate underlying financial challenges, making it difficult for CARR to sustain its current profitability.
CARR's negative gross and operating margins suggest that the company is currently unprofitable, both in terms of production and overall operations. This could reflect rising costs or declining revenues, posing challenges for future profitability.
CARR's forward EPS exceeds its trailing EPS, indicating that the company is projected to be more profitable in the current financial year compared to the previous one. This suggests positive growth and improved earnings, signaling an optimistic outlook for CARR's financial performance.
Price projections:
The price of Carrier Global Corporation has remained consistently close to the lower limit of projections. This ongoing pattern raises concerns about the stock's performance and may reflect market hesitance regarding the company's growth prospects.
Insider Transactions:
There were 1 CARR sales transactions, at market price of 71.4000015258789.There were 1 transactions to buy Carrier Global Corporation stock, with market price of 53.95000076293945.The ongoing selling activity at Carrier Global Corporation's current price levels suggests a potential risk of further declines. If more investors continue to sell, this trend could lead to continued downward pressure on the stock's price.
Recommendation changes over time:
With analysts showing a buy bias for CARR, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning CARR as a safe and profitable place for investors to allocate their funds and seek growth.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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