About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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Will a leaner Carrier push the stock to all-time highs?

Carrier Global stock price

Carrier Global Corporation (NYSE: CARR) delivered its fourth quarter earnings on February 5, 2024. The results themselves were unremarkable. The company reported quarterly earnings per share (EPS) of 53 cents on revenue of $5.10 billion. The revenue was flat year-over-year (YOY), but the EPS came in 33% higher YOY. The company also delivered stronger than expected free cash flow performance of $829 million. 

However, the report is significant for current investors or those looking to get involved with CARR stock. That's because this was the last earnings report in which the company will have its security business, Global Access Solutions.  

Carrier completed the sale of that business unit as well as its Commercial Refrigeration business to Honeywell International Inc. (NASDAQ: HON) in December 2023. The company is bringing in approximately $4. 5 billion in net proceeds as a result of the two sales. And if that wasn't enough, the company has plans to sell its industrial fire businesses.  

If you're unfamiliar with Carrier, skimming through the earnings presentation helps you understand why the company is making these decisions. These are low-growth and non-core businesses. The company's exit will free up cash for debt reduction and potential share repurchases.  

That would allow the company to focus exclusively on its high-growth residential heating and cooling and heat pump businesses. 

Out with the old, in with the new 

In a separate move, Carrier completed its acquisition of Viessmann Climate Solutions. The company is considered to be the best company in Europe's residential hearing market and is launching new products for the European and North American markets. 

As the company cited when it first announced the Viessmann acquisition, Carrier is transitioning to be a pure-play, global leader in intelligent climate and energy solutions. 

CARR stock is a hold  

CARR stock has been rangebound since the earnings report. That is mainly due to a lack of clarity. Although the company is getting leaner, the two departing business units will still show up on the company's balance sheet for the first half of 2024. That means it may take a couple of quarters before investors get a feel for what a leaner Carrier looks like.  

That sentiment is showing up on the Carrier analyst ratings on MarketBeat. Analysts have a consensus Hold rating on CARR stock with a price target of $58.29, just 7.2% higher than the current price. However, if the stock hits that number, it would bump up against its all-time high, which has been a point of resistance for the stock.  

Carrier is trading at around 19.8x forward earnings, which is consistent with the 20.2x average of industrial stocks. However, you also have to factor in the company's dividend. The 1.4% yield is consistent with the sector average, and it's been growing at a 48% clip in the last three years. Plus, with the company expecting a 50 basis point increase in operating margins this year, that dividend may be moving higher.  

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