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 $55.14, up 2.83% from the previous day, and has increased 31.5% in one year. It has underperformed other stocks in the Building Products & Equipment industry by 0.29 percentage points. Carrier Global stock is currently +36.89% from its 52-week low of $40.28, and -9.41% from its 52-week high of $60.87.
At the moment, there are 898.36M CARR shares outstanding. The market value of CARR is $49.54B. In the last 24 hours, 5.35M 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.
Our recommended brokerage: eToro
In our opinion, eToro is the best online stock brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world markets: From Tech to Real Estate, New York to London — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro today.
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.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start a new brokerage account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
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 overvalued based on its P/E ratio of 34.25x, relative to Building Products & Equipment industry P/E ratio of 27.08x
- CARR could be overvalued based on its P/B ratio of 5.71x, relative to Building Products & Equipment industry P/B ratio of 5.32x
- CARR may be undervalued based on its PEG ratio of 0.7x
You can do more valuation analysis on CARR's stock here.
A quick look at CARR Financials
Pros:
- CARR earnings of $2.20B is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the CARR balance sheet.
- There are more short-term assets than short-term liabilities on the CARR balance sheet.
Cons:
- CARR profit margin has gone down from 17.3% to 6.1% in the past year.
- CARR's operating cash flow of $2.61B allows it to safely service it's debt of $14.68B.
- CARR has a relatively high debt to equity ratio of 2.75.
- Total CARR debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy CARR stock, according to analysts?
Out of 5 Wall Street analysts who monitor CARR, the consensus analyst rating on CARR is a Buy
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
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 $1.35B. In the past 5 year, CARR's earnings have increased by -12.62% per year. This was slower than the Building Products & Equipment industry average of 10.88%.
Last year, CARR revenue was $22.10B. In the last five year, CARR's revenue has increased by 3.16% per year. This was slower than the Building Products & Equipment industry average of 7.84%.
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.
Kyle Crockett, Vice President Controller of CARR, was the latest CARR insider to sell. They sold $365,518.03 worth of CARR stock on Feb 8, 2024.
Get more info about who owns CARR shares here.
Does CARR provide a stable income stream?
No, Carrier Global doesn't provide an income stream by paying out dividends.
What others are saying about CARR
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your CARR purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price, place a limit order.
Click the Open button and your broker will place your order.
If you require additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your CARR investment
Now that you own some CARR stock, you'll want to stay up-to-date on your investment.
Add CARR to a watchlist to see the latest developments about your CARR stock.
CARR Feed
How to Buy Stock in Carrier Global
To reiterate, here are the 6 steps you need to take to buy Carrier Global stock right now:
- 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 require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep track of your new investment in Carrier Global, hit the button below to create your watchlist.
Related "How To" Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.