11 analysts have shared their evaluations of Carrier Global CARR during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 7 | 3 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 2 | 0 | 0 | 0 |
| 2M Ago | 0 | 2 | 1 | 0 | 0 |
| 3M Ago | 1 | 2 | 2 | 0 | 0 |
Analysts have recently evaluated Carrier Global and provided 12-month price targets. The average target is $81.09, accompanied by a high estimate of $90.00 and a low estimate of $70.00. A 4.19% drop is evident in the current average compared to the previous average price target of $84.64.
Deciphering Analyst Ratings: An In-Depth Analysis
The analysis of recent analyst actions sheds light on the perception of Carrier Global by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Julian Mitchell | Barclays | Lowers | Overweight | $83.00 | $87.00 |
| Stephen Tusa | JP Morgan | Raises | Overweight | $78.00 | $77.00 |
| Nigel Coe | Wolfe Research | Maintains | Outperform | $80.00 | $80.00 |
| Deane Dray | RBC Capital | Lowers | Outperform | $76.00 | $86.00 |
| Joe O'Dea | Wells Fargo | Lowers | Equal-Weight | $70.00 | $75.00 |
| Julian Mitchell | Barclays | Lowers | Overweight | $87.00 | $90.00 |
| Stephen Tusa | JP Morgan | Lowers | Neutral | $77.00 | $83.00 |
| Andrew Kaplowitz | Citigroup | Lowers | Buy | $90.00 | $94.00 |
| Julian Mitchell | Barclays | Lowers | Overweight | $90.00 | $92.00 |
| Joe O'Dea | Wells Fargo | Lowers | Equal-Weight | $75.00 | $80.00 |
| Matthew Swanson | RBC Capital | Lowers | Outperform | $86.00 | $87.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Carrier Global. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Carrier Global compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Carrier Global's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
To gain a panoramic view of Carrier Global's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Carrier Global analyst ratings.
Discovering Carrier Global: A Closer Look
Carrier Global manufactures heating, ventilation, and air conditioning, refrigeration, and fire and security products. The HVAC business serves both residential and commercial markets (HVAC segment sales mix is 60% commercial and 40% residential). Carrier's refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm's fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products. In April 2023, Carrier announced that it plans to divest its fire and security and commercial refrigeration businesses. The firm also acquired Germany-based Viessmann for approximately $13 billion.
Understanding the Numbers: Carrier Global's Finances
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Carrier Global's remarkable performance in 3 months is evident. As of 31 December, 2024, the company achieved an impressive revenue growth rate of 19.28%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Net Margin: Carrier Global's net margin excels beyond industry benchmarks, reaching 49.55%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 17.73%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 6.57%, the company showcases effective utilization of assets.
Debt Management: Carrier Global's debt-to-equity ratio is below the industry average at 0.9, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Significance of Analyst Ratings Explained
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. Click here for urgent details.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
