Head-To-Head Review: Carrier Global (CARR) and Its Rivals

Carrier Global (NYSE:CARR) is one of 93 public companies in the “Building Products” industry, but how does it contrast to its competitors? We will compare Carrier Global to related companies based on the strength of its analyst recommendations, institutional ownership, risk, profitability, earnings, dividends and valuation.

Volatility & Risk

Carrier Global has a beta of 1.33, meaning that its stock price is 33% more volatile than the S&P 500. Comparatively, Carrier Global’s competitors have a beta of 1.07, meaning that their average stock price is 7% more volatile than the S&P 500.

Earnings & Valuation

This table compares Carrier Global and its competitors top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Carrier Global	$21.75 billion	$1.48 billion	-24.50
Carrier Global Competitors	$4.00 billion	$4.65 billion	39.16

Carrier Global has higher revenue, but lower earnings than its competitors. Carrier Global is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Dividends

Carrier Global pays an annual dividend of $0.96 per share and has a dividend yield of 1.8%. Carrier Global pays out -43.2% of its earnings in the form of a dividend. As a group, “Building Products” companies pay a dividend yield of 7.0% and pay out 37.6% of their earnings in the form of a dividend. Carrier Global has raised its dividend for 4 consecutive years.

Institutional and Insider Ownership

91.0% of Carrier Global shares are held by institutional investors. Comparatively, 63.6% of shares of all “Building Products” companies are held by institutional investors. 6.5% of Carrier Global shares are held by company insiders. Comparatively, 10.2% of shares of all “Building Products” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Profitability

This table compares Carrier Global and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Carrier Global	-7.90%	16.99%	6.06%
Carrier Global Competitors	3.72%	-38.07%	5.08%

Analyst Recommendations

This is a breakdown of current ratings and price targets for Carrier Global and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Carrier Global	1	8	11	0	2.50
Carrier Global Competitors	745	3944	5077	241	2.48

Carrier Global currently has a consensus price target of $69.27, suggesting a potential upside of 27.38%. As a group, “Building Products” companies have a potential upside of 26.58%. Given Carrier Global’s stronger consensus rating and higher possible upside, equities research analysts plainly believe Carrier Global is more favorable than its competitors.

Summary

Carrier Global beats its competitors on 9 of the 15 factors compared.

About Carrier Global

Carrier Global Corporation develops and provides heating, ventilation, air conditioning and refrigeration systems, along with related building technologies. Its products and services serve residential, commercial and industrial customers, as well as applications that require temperature-controlled transportation and storage. The company’s offerings include heating and cooling equipment, building automation and energy-management solutions, and fire and security systems. Its portfolio includes brands such as Carrier, Bryant and Kidde, and it provides installation, maintenance and other services to support its equipment.