Carrier Global (CARR) Competitors

$64.32
+0.06 (+0.09%)
(As of 05/8/2024 ET)

CARR vs. ROP, MSI, DASH, SNOW, AMX, NTES, MCHP, FTNT, SMCI, and WDAY

Should you be buying Carrier Global stock or one of its competitors? The main competitors of Carrier Global include Roper Technologies (ROP), Motorola Solutions (MSI), DoorDash (DASH), Snowflake (SNOW), América Móvil (AMX), NetEase (NTES), Microchip Technology (MCHP), Fortinet (FTNT), Super Micro Computer (SMCI), and Workday (WDAY). These companies are all part of the "computer and technology" sector.

Carrier Global vs.

Roper Technologies (NYSE:ROP) and Carrier Global (NYSE:CARR) are both large-cap computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, risk, earnings, analyst recommendations, institutional ownership, profitability, valuation, community ranking and dividends.

Roper Technologies has higher earnings, but lower revenue than Carrier Global. Roper Technologies is trading at a lower price-to-earnings ratio than Carrier Global, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Roper Technologies$6.39B8.73$1.38B$13.7837.81
Carrier Global$22.10B2.62$1.35B$1.4344.98

Roper Technologies has a beta of 1, meaning that its share price has a similar volatility profile to the S&P 500.Comparatively, Carrier Global has a beta of 1.34, meaning that its share price is 34% more volatile than the S&P 500.

Roper Technologies pays an annual dividend of $3.00 per share and has a dividend yield of 0.6%. Carrier Global pays an annual dividend of $0.76 per share and has a dividend yield of 1.2%. Roper Technologies pays out 21.8% of its earnings in the form of a dividend. Carrier Global pays out 53.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Roper Technologies has raised its dividend for 2 consecutive years and Carrier Global has raised its dividend for 3 consecutive years. Carrier Global is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

93.3% of Roper Technologies shares are held by institutional investors. Comparatively, 91.0% of Carrier Global shares are held by institutional investors. 0.9% of Roper Technologies shares are held by company insiders. Comparatively, 7.0% of Carrier Global shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

In the previous week, Carrier Global had 16 more articles in the media than Roper Technologies. MarketBeat recorded 26 mentions for Carrier Global and 10 mentions for Roper Technologies. Carrier Global's average media sentiment score of 1.27 beat Roper Technologies' score of 0.66 indicating that Roper Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Roper Technologies
8 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Carrier Global
10 Very Positive mention(s)
7 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Roper Technologies presently has a consensus target price of $584.82, suggesting a potential upside of 12.24%. Carrier Global has a consensus target price of $62.71, suggesting a potential downside of 2.50%. Given Carrier Global's stronger consensus rating and higher probable upside, research analysts clearly believe Roper Technologies is more favorable than Carrier Global.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Roper Technologies
0 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.90
Carrier Global
3 Sell rating(s)
6 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.14

Roper Technologies has a net margin of 23.21% compared to Roper Technologies' net margin of 5.41%. Roper Technologies' return on equity of 26.01% beat Carrier Global's return on equity.

Company Net Margins Return on Equity Return on Assets
Roper Technologies23.21% 10.75% 6.52%
Carrier Global 5.41%26.01%7.76%

Roper Technologies received 462 more outperform votes than Carrier Global when rated by MarketBeat users. Likewise, 65.24% of users gave Roper Technologies an outperform vote while only 46.49% of users gave Carrier Global an outperform vote.

CompanyUnderperformOutperform
Roper TechnologiesOutperform Votes
548
65.24%
Underperform Votes
292
34.76%
Carrier GlobalOutperform Votes
86
46.49%
Underperform Votes
99
53.51%

Summary

Roper Technologies beats Carrier Global on 13 of the 22 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CARR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

CARR vs. The Competition

MetricCarrier GlobalRefrigeration & heating equipment IndustryComputer SectorNYSE Exchange
Market Cap$57.95B$25.04B$19.86B$17.69B
Dividend Yield1.22%1.24%2.75%3.52%
P/E Ratio44.9827.02267.3624.80
Price / Sales2.623.28541.2910.72
Price / Cash18.1520.4128.4615.59
Price / Book5.9919.236.785.10
Net Income$1.35B$792.22M$631.94M$967.52M
7 Day Performance5.55%-1.74%1.15%1.66%
1 Month Performance10.69%-0.60%-1.03%-1.44%
1 Year Performance50.35%31.04%29.81%108.46%

Carrier Global Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ROP
Roper Technologies
3.6361 of 5 stars
$511.46
-0.4%
$579.83
+13.4%
+13.7%$54.74B$6.18B37.1216,800Positive News
MSI
Motorola Solutions
4.8797 of 5 stars
$339.15
-2.5%
$348.38
+2.7%
+26.0%$56.34B$9.98B34.1521,000Analyst Forecast
DASH
DoorDash
3.4083 of 5 stars
$129.26
-2.2%
$130.92
+1.3%
+69.3%$52.22B$8.64B-90.3919,300Analyst Revision
Gap Down
SNOW
Snowflake
4.5446 of 5 stars
$155.16
-1.4%
$202.00
+30.2%
-1.7%$51.85B$2.81B-60.857,004Analyst Downgrade
AMX
América Móvil
3.0555 of 5 stars
$19.07
-1.9%
$22.08
+15.8%
-6.2%$59.20B$46.07B17.65176,014Positive News
NTES
NetEase
4.9745 of 5 stars
$93.47
-3.3%
$126.00
+34.8%
+6.0%$60.26B$14.57B14.7731,119Analyst Upgrade
Positive News
MCHP
Microchip Technology
4.6096 of 5 stars
$91.98
-1.3%
$92.50
+0.6%
+23.9%$49.71B$8.44B21.4922,600Earnings Report
Dividend Increase
Analyst Forecast
News Coverage
FTNT
Fortinet
4.5978 of 5 stars
$63.18
-1.7%
$72.19
+14.3%
-9.8%$48.21B$5.30B43.5713,568Earnings Report
Analyst Forecast
Analyst Revision
SMCI
Super Micro Computer
4.9728 of 5 stars
$858.80
-3.5%
$949.85
+10.6%
+502.1%$48.03B$7.12B67.045,126Analyst Downgrade
Analyst Revision
Gap Down
WDAY
Workday
4.8863 of 5 stars
$244.73
-1.6%
$293.61
+20.0%
+39.0%$64.61B$7.26B47.5218,800

Related Companies and Tools

This page (NYSE:CARR) was last updated on 5/9/2024 by MarketBeat.com Staff

From Our Partners