Carrier Global (NYSE:CARR – Get Free Report) is one of 93 public companies in the “Building Products” industry, but how does it compare to its peers? We will compare Carrier Global to similar businesses based on the strength of its analyst recommendations, profitability, valuation, institutional ownership, earnings, risk and dividends.
Institutional & 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 hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Profitability
This table compares Carrier Global and its peers’ 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% |
Risk and Volatility
Carrier Global has a beta of 1.33, meaning that its share price is 33% more volatile than the S&P 500. Comparatively, Carrier Global’s peers have a beta of 1.07, meaning that their average share price is 7% more volatile than the S&P 500.
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 increased its dividend for 4 consecutive years.
Analyst Ratings
This is a summary of recent ratings for Carrier Global and its peers, as provided by MarketBeat.
| 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 target price 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 probable upside, equities research analysts plainly believe Carrier Global is more favorable than its peers.
Earnings and Valuation
This table compares Carrier Global and its peers gross 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 peers. Carrier Global is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Summary
Carrier Global beats its peers 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.
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