(CARR) Carrier Global - Ratings and Ratios

Carrier Global Corporation (NYSE:CARR) is a leader in intelligent climate and energy solutions, serving diverse markets across the United States, Europe, the Asia Pacific, and globally. The company operates through two primary segments: Heating, Ventilating, and Air Conditioning (HVAC), and Refrigeration.

The HVAC segment addresses the climate control needs of both residential and commercial sectors with a comprehensive range of products and services. This includes air conditioners, heating systems, heat pumps, building automation systems, and aftermarket components. Additionally, the segment offers repair and maintenance services, modernization, and system upgrades, ensuring energy efficiency and optimal performance. Carriers commitment to innovation and sustainability is evident in its cutting-edge solutions that enhance comfort while reducing environmental impact.

The Refrigeration segment specializes in transport refrigeration, providing advanced monitoring products, services, and digital solutions for various applications such as trucks, trailers, shipping containers, and intermodal and rail systems. This segment is crucial for maintaining the cold chain integrity in logistics and transportation, ensuring the safe and efficient transport of perishable goods.

Carrier Global markets its products under a portfolio of reputable brands, including Carrier, Viessmann, Toshiba, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, Riello, Carrier Transicold, and Sensitech. This diverse brand ecosystem underscores the companys extensive reach and capability to cater to a broad spectrum of customer needs. Established in 2019, Carrier Global is headquartered in Palm Beach Gardens, Florida, and has quickly become a pivotal player in the building products industry, emphasizing innovation and customer-centric solutions. For more information, visit their corporate website at https://www.corporate.carrier.com.

Ticker Symbol: CARR
Exchange: NYSE
Type: Common Stock
Country Origin: United States
GICS Sub Industry: Building Products

Based on the provided data, here is a 3-month forecast for Carrier Global Corp (NYSE:CARR):

Average Volume 20d: 4,615,197
Last Price: 59.90
SMA 20: 61.99
SMA 50: 64.17
SMA 200: 69.71
ATR: 2.44

Market Cap: $51,752.88M USD
P/E: 49.10
P/E Forward: 19.96
P/B: 3.68
P/S: 2.30
RoE: 31.05

3-Month Forecast Analysis:

Carrier Global Corp (NYSE:CARR) is expected to face a challenging environment in the next quarter. The stocks short-term moving average (SMA 20) is below the medium-term (SMA 50) and long-term (SMA 200) averages, indicating a bearish trend. The average true range (ATR) of 2.44 suggests moderate volatility, which could lead to potential price swings. However, the forward P/E of 19.96 indicates investor expectations of growth, which may offset near-term pressures. The high return on equity (RoE) of 31.05 highlights strong profitability, though the elevated P/B ratio of 3.68 signals possible overvaluation. Overall, CARR may experience sideways to negative movement in the coming months, with potential support around the $55 level and resistance near $65.