How to Buy Carrier Global Stock
Carrier Global Corp
Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies worldwide. It operates through three segments: HVAC, Refrigeration, and Fire & Security.
Carrier Global stock last closed at $43.62, down 0.07% from the previous day, and has decreased 5.36% in one year. It has underperformed other stocks in the Building Products & Equipment industry by 0.05 percentage points. Carrier Global stock is currently +31.78% from its 52-week low of $33.10, and -10.02% from its 52-week high of $48.48.
At the moment, there are 836.26M CARR shares outstanding. The market value of CARR is $36.48B. In the last 24 hours, 1.87M CARR shares were traded.
How to Buy Carrier Global Stock
Wondering how to invest in Carrier Global stock? Here's how.
- Figure out where to buy Carrier Global stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Carrier Global stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Choose your method of payment and add your info.
- Analyze Carrier Global stock: The Carrier Global ticker symbol is CARR. Is Carrier Global stock a good investment? Should you buy shares of CARR? How do CARR's underlying business fundamentals look? Do top analysts think Carrier Global is a good buy? Why has CARR's stock price moved recently? (Hint: Our stock research website can help you evaluate if CARR is a good stock to buy).
- Place your CARR purchase: Decide if you will purchase CARR shares at the current market price or use a limit order to purchase CARR shares at a specific price.
- Keep an eye on your CARR investment: Create a watchlist to get live updates on your new investment in Carrier Global shares.
Step 1: Figure out where to buy Carrier Global stock
You will need an online brokerage account to access the NYSE market and buy CARR shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the right brokerage, you need to fill out some personal information so you can invest in CARR stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.
- Enter your personal data to start a new brokerage account.
- Send your details by pressing the "Create Account" button.
Step 3: Deposit funds into your brokerage account
Now that you have created your account on the highest rated app to buy and sell stocks, you can securely and quickly fund your account:
Watch the walkthrough below if you need help depositing funds into your new investment account.
Step 4: Analyze Carrier Global stock
Once you have identified the best place to buy Carrier Global stock, it's important to analyze their stock before you buy, so you truly understand the risk and opportunity.
Carrier Global stock quick numbers
Carrier Global Zen Score
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on CARR's stock page.
Is CARR stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge CARR's true value.
Using relative valuations ratios:
- CARR could be undervalued based on its P/E ratio of 10.29x, relative to Building Products & Equipment industry P/E ratio of 14.41x
- CARR could be overvalued based on its P/B ratio of 5.1x, relative to Building Products & Equipment industry P/B ratio of 3.74x
You can do more valuation research on CARR's stock here.
CARR Financials at a glance
Pros:
- CARR profit margin has gone up from 11.1% to 17.5% in the past year.
- There are more short-term assets than short-term liabilities on the CARR balance sheet.
- CARR earnings of $4.50B is not enough to cover its interest payments.
Cons:
- There are more long-term liabilities than short-term assets on the CARR balance sheet.
- CARR's operating cash flow of $1.53B allows it to safely service it's debt of $9.40B.
- CARR has a relatively high debt to equity ratio of 2.5.
Do Wall Street analysts think it's a good time to buy Carrier Global stock
Out of 14 Equities analysts who track CARR, the consensus analyst rating on CARR is a Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent CARR Analyst Recommendations
Joe O'Dea, a top 23% analyst from Wells Fargo maintains CARR with a hold rating and raises their CARR price target from $43.00 to $47.00, on Jan 19, 2023.
Brett Linzey, a top 22% analyst from Mizuho upgrades CARR to a strong buy rating and raises their CARR price target from $38.00 to $53.00, on Jan 13, 2023.
Joshua Pokrzywinski, a top 3% analyst from Morgan Stanley maintains CARR with a strong buy rating and raises their CARR price target from $45.00 to $47.00, on Jan 6, 2023.
Joe Ritchie, a top 16% analyst from Goldman Sachs maintains CARR with a strong buy rating and raises their CARR price target from $48.00 to $53.00, on Dec 15, 2022.
Jeffrey Hammond, a top 23% analyst from KeyBanc downgrades CARR to a hold rating, on Dec 13, 2022.
You can dig deeper into what analysts are forecasting on the Carrier Global stock forecast page.
CARR Trading Indicators
How is CARR performing as a company?
Last year, CARR earnings were $3.59B. In the past 2 year, CARR's earnings have increased by 54.77% per year. This was faster than the Building Products & Equipment industry average of 41.12%.
Last year, CARR revenue was $20.45B. In the last two year, CARR's revenue has increased by 8.52% per year. This was slower than the Building Products & Equipment industry average of 13.69%.
You can analyze CARR's earnings and revenue performance here.
Latest Insiders Trades at CARR
Over the last year, insiders at CARR have sold more shares than they have bought.
Kevin J. Oconnor, Senior VP CLO of CARR, was the latest CARR insider to sell. They sold $515,088.75 worth of CARR stock on Jan 2, 2023.
Get more info about who owns CARR shares here.
Does CARR provide a stable income stream?
Carrier Global pays a dividend of 1.03%, compared to the Building Products & Equipment industry's average dividend yield of 1.49%. If you owned $1,000 worth of CARR stock, you would have received $10.32 in the past year.
Get more analysis about Carrier Global dividend yield and history here.
What do other investors have to say about CARR?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your CARR purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount limit, use a limit order.
Hit the Open button and eToro will place the order.
If you require additional help investing in stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your CARR investment
Now that you own some CARR shares, you'll want to stay up-to-date on your new company.
Make a watchlist to track your CARR stock.
CARR Feed
How to Buy Stock in Carrier Global
To reiterate, here are the 6 steps to buy stock in Carrier Global:
- Figure out where to buy Carrier Global stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Analyze Carrier Global stock
- Place your CARR purchase
- Keep an eye on your CARR investment
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Carrier Global, create your watchlist below.
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