CRS vs. STLD, RS, X, CLF, ATI, CMC, WOR, HAYN, ZEUS, and RDUS
Should you be buying Carpenter Technology stock or one of its competitors? The main competitors of Carpenter Technology include Steel Dynamics (STLD), Reliance (RS), United States Steel (X), Cleveland-Cliffs (CLF), ATI (ATI), Commercial Metals (CMC), Worthington Enterprises (WOR), Haynes International (HAYN), Olympic Steel (ZEUS), and Radius Recycling (RDUS). These companies are all part of the "steel" industry.
Steel Dynamics (NASDAQ:STLD) and Carpenter Technology (NYSE:CRS) are both basic materials companies, but which is the superior business? We will contrast the two businesses based on the strength of their community ranking, institutional ownership, dividends, risk, earnings, analyst recommendations, media sentiment, valuation and profitability.
Steel Dynamics received 524 more outperform votes than Carpenter Technology when rated by MarketBeat users. Likewise, 68.30% of users gave Steel Dynamics an outperform vote while only 64.32% of users gave Carpenter Technology an outperform vote.
Steel Dynamics pays an annual dividend of $1.84 per share and has a dividend yield of 1.5%. Carpenter Technology pays an annual dividend of $0.80 per share and has a dividend yield of 0.8%. Steel Dynamics pays out 12.6% of its earnings in the form of a dividend. Carpenter Technology pays out 30.4% 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. Steel Dynamics has raised its dividend for 12 consecutive years. Steel Dynamics is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Steel Dynamics has a beta of 1.4, suggesting that its share price is 40% more volatile than the S&P 500. Comparatively, Carpenter Technology has a beta of 1.47, suggesting that its share price is 47% more volatile than the S&P 500.
Steel Dynamics currently has a consensus price target of $125.29, indicating a potential downside of 0.19%. Carpenter Technology has a consensus price target of $109.67, indicating a potential upside of 5.20%. Given Steel Dynamics' stronger consensus rating and higher possible upside, analysts plainly believe Carpenter Technology is more favorable than Steel Dynamics.
In the previous week, Steel Dynamics had 2 more articles in the media than Carpenter Technology. MarketBeat recorded 5 mentions for Steel Dynamics and 3 mentions for Carpenter Technology. Steel Dynamics' average media sentiment score of 1.30 beat Carpenter Technology's score of 1.22 indicating that Carpenter Technology is being referred to more favorably in the news media.
Steel Dynamics has higher revenue and earnings than Carpenter Technology. Steel Dynamics is trading at a lower price-to-earnings ratio than Carpenter Technology, indicating that it is currently the more affordable of the two stocks.
82.4% of Steel Dynamics shares are owned by institutional investors. Comparatively, 92.0% of Carpenter Technology shares are owned by institutional investors. 6.0% of Steel Dynamics shares are owned by company insiders. Comparatively, 3.4% of Carpenter Technology shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Steel Dynamics has a net margin of 12.89% compared to Steel Dynamics' net margin of 4.83%. Carpenter Technology's return on equity of 27.62% beat Steel Dynamics' return on equity.
Summary
Steel Dynamics beats Carpenter Technology on 13 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CRS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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.
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