Carrier Global (NYSE:CARR – Get Free Report) and Montana Technologies (NASDAQ:AIRJ – Get Free Report) are both computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their valuation, dividends, analyst recommendations, institutional ownership, earnings, risk and profitability.
Analyst Recommendations
This is a breakdown of current ratings and recommmendations for Carrier Global and Montana Technologies, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Carrier Global | 3 | 5 | 6 | 0 | 2.21 |
Montana Technologies | 0 | 0 | 0 | 0 | N/A |
Carrier Global currently has a consensus target price of $64.14, indicating a potential downside of 2.81%. Given Carrier Global’s higher probable upside, equities analysts clearly believe Carrier Global is more favorable than Montana Technologies.
Earnings and Valuation
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Carrier Global | $22.10 billion | 2.69 | $1.35 billion | $1.43 | 46.15 |
Montana Technologies | N/A | N/A | $1.24 million | N/A | N/A |
Carrier Global has higher revenue and earnings than Montana Technologies.
Profitability
This table compares Carrier Global and Montana Technologies’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Carrier Global | 5.41% | 26.01% | 7.76% |
Montana Technologies | N/A | -7.23% | -3.82% |
Risk & Volatility
Carrier Global has a beta of 1.32, meaning that its share price is 32% more volatile than the S&P 500. Comparatively, Montana Technologies has a beta of 0.04, meaning that its share price is 96% less volatile than the S&P 500.
Institutional and Insider Ownership
91.0% of Carrier Global shares are held by institutional investors. Comparatively, 63.7% of Montana Technologies shares are held by institutional investors. 7.0% of Carrier Global shares are held by company insiders. Comparatively, 40.4% of Montana Technologies shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Summary
Carrier Global beats Montana Technologies on 9 of the 10 factors compared between the two stocks.
About Carrier Global
Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies in the United States, Europe, the Asia Pacific, and internationally. It operates through three segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment provides products, controls, services, and solutions to meet the heating, cooling, and ventilation needs of residential and commercial customers. Its products include air conditioners, heating systems, heat pumps, controls, and aftermarket components, as well as aftermarket repair and maintenance services and building automation solutions. The Refrigeration segment offers transport refrigeration and monitoring products and services, as well as digital solutions for trucks, trailers, shipping containers, intermodal applications, food retail, and warehouse cooling; and commercial refrigeration solutions, such as refrigerated cabinets, freezers, systems, and controls. The Fire & Security segment provides various residential, commercial, and industrial technologies, including fire, flame, gas, smoke, and carbon monoxide detection; portable fire extinguishers; fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. This segment also offers fire and security service, such as audit, design, installation, and system integration, as well as aftermarket maintenance and repair and monitoring services. It offers its products under the Autronica, Det-Tronics, Edwards, Aritech, Fireye, GST, Kidde, LenelS2, Marioff, Onity, and Supra; Carrier, Toshiba, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, and Riello; and Carrier Commercial Refrigeration, Carrier Transicold, and Sensitech brands. Carrier Global Corporation was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.
About Montana Technologies
Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.
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