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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.
  1. 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.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Choose your method of payment and add your info.
  4. 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).
  5. 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.
  6. 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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Step 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.

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  1. Click here to get started.
  2. Enter your personal data to start a new brokerage account.
  1. Send your details by pressing the "Create Account" button.
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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:

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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

CARR Price
$43.62
1w %
2.47%
1y %
-5.36%
5y %
N/A
P/E
10.29x
P/B
5.1x
P/S
1.79x
PEG
N/A
Revenue
$20.45B
Earnings
$3.59B
Fore. Rev. Growth
4.96%
Fore. Earn. Growth
-40.09%
Market Cap
$36.48B
Next Earnings
Feb 7, 2023
Next Dividend
Feb 10, 2023

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

SMA10
43.71
SMA20
43.32
SMA50
43.24
SMA100
40.73
SMA200
39.92
MACD
0.27
MACD Signal
0.32
MACD Histogram
-0.05
RSI
52.6
Stochastic %K
44.54
Stochastic %D
46.5
StochRSI %K
34.89
StochRSI %D
34.56

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?

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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.

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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:

  1. Figure out where to buy Carrier Global stock
  2. Create your brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Carrier Global stock
  5. Place your CARR purchase
  6. Keep an eye on your CARR investment

If you are looking for a brokerage account, eToro is our favorite venue.

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If you want to get the latest scoop on your investment in Carrier Global, create your watchlist below.

NYSE: CARR
$43.62-0.03 (-0.07%)
Updated Jan 27, 2023
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NYSE: CARR
$43.62-0.03 (-0.07%)
Updated Jan 27, 2023
Open eToro Account

FAQ

How much does it cost to buy one Carrier Global share?

As of Jan 27, 2023, it costs $43.62 to buy one share of Carrier Global stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.229 shares of CARR.

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Is now a good time to buy Carrier Global stock?

According to 14 Wall Street analysts who monitor Carrier Global, their consensus recommendation is to buy Carrier Global stock.

What is the best way to buy Carrier Global stock?

One way to place an order for Carrier Global stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.