Professional
Added to YB: 2024-02-23
Pitch date: 2023-12-31
CARR [bullish]
Carrier Global Corporation
-4.87%
current return
Author Info
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Company Info
Carrier Global Corporation provides intelligent climate and energy solutions in the United States, Europe, the Asia Pacific, and internationally.
Market Cap
$43.8B
Pitch Price
$55.65
Price Target
N/A
Dividend
1.73%
EV/EBITDA
13.47
P/E
32.97
EV/Sales
2.50
Sector
Building Products
Category
turnaround
Show full summary:
FMI Funds Portfolio Holding - Carrier Global Corporation
CARR: Spun off UTX, CEO Gitlin driving turnaround of underinvested biz in oligopolistic industry. Divesting non-core, buying EU heat pumps to focus on HVAC. Momentum hit by macro but low valuation & strong industry dynamics limit downside. Big upside if executes on growth & costs.
Read full article (1 min)