Carpenter Technology (CRS) Stock Price, News & Analysis

Company Overview

Carpenter Technology Corporation is a manufacturer of specialty metals and engineered products for applications that require high performance, durability, and resistance to extreme conditions. Founded in 1889, the company produces stainless steels, nickel- and cobalt-based alloys, titanium alloys, and other specialty materials.

Its product offerings include specialty wire, rod, bar, strip, billet, and powder, as well as precision-engineered components and additive-manufacturing materials. Carpenter’s products are used in aerospace and defense, medical, energy, transportation, industrial, and consumer applications.

Carpenter Technology serves customers in North America and international markets through manufacturing, research, and distribution operations. The company is headquartered in Philadelphia, Pennsylvania, and is led by President and Chief Executive Officer Tony R. Thene.

Key Stats

• Today's Range: $380.56 to $392.28
• 50-Day Range: $382.94 to $603.70
• 52-Week Range: $233.77 to $625.98
• Volume: 824,667 shs
• Average Volume: 769,585 shs
• Market Capitalization: $19.30 billion
• P/E Ratio: 37.01
• Dividend Yield: 0.21%
• Price Target: $563.50
• Consensus Rating: Moderate Buy

Carpenter Technology Stock Analysis - MarketRank™

Carpenter Technology scored higher than 94% of companies evaluated by MarketBeat, and ranked 69th out of 651 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Carpenter Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on no strong buy ratings, 8 buy ratings, 2 hold ratings, and no sell ratings.

Upside Potential

Carpenter Technology has a consensus price target of $563.50, representing about 44.7% upside from its current price of $389.34.

Amount of Analyst Coverage

Carpenter Technology has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 18.30%

Earnings Growth

Earnings for Carpenter Technology are expected to grow by 18.30% in the coming year, from $13.28 to $15.71 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Carpenter Technology is 37.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.90.

Price to Earnings Ratio vs. Sector

The P/E ratio of Carpenter Technology is 37.01, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 25.44.

Price to Earnings Growth Ratio

Carpenter Technology has a PEG Ratio of 1.37. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Carpenter Technology has a P/B Ratio of 8.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.68% of the float of Carpenter Technology has been sold short.

Short Interest Ratio / Days to Cover

Carpenter Technology has a short interest ratio ("days to cover") of 2.91, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Carpenter Technology has recently increased by 17.98%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Carpenter Technology has a dividend yield of 0.21%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Carpenter Technology does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Carpenter Technology is 7.60%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Carpenter Technology will have a dividend payout ratio of 5.09% next year. This indicates that Carpenter Technology will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: -0.15

News Sentiment

Carpenter Technology has a news sentiment score of -0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Carpenter Technology this week, compared to 6 articles on an average week.

Search Interest

10 people have searched for CRS on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

18 people have added Carpenter Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 29% compared to the previous 30 days.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Carpenter Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $54,644,436.00 in company stock.

Percentage Held by Insiders

2.90% of the stock of Carpenter Technology is held by insiders.

Percentage Held by Institutions

92.03% of the stock of Carpenter Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 7/30/2026
• Record date for 9/3 Dividend: 8/25/2026
• Ex-Dividend for 9/3 Dividend: 8/25/2026
• Dividend Payable: 9/03/2026
• Today: 10/02/2026
• Next Earnings (Estimated): 10/22/2026
• Fiscal Year End: 6/30/2027

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Aerospace & Defense
• Sub-Industry: Aerospace & Defense
• Current Symbol: NYSE:CRS
• CIK: 17843
• Web: www.carpentertechnology.com
• Phone: (610) 208-2000
• Fax: 610-208-3716
• Employees: 4,500
• Year Founded: 1889

Price Target and Rating

• Average Price Target for Carpenter Technology: $563.50
• High Price Target: $700.00
• Low Price Target: $400.00
• Potential Upside/Downside: +44.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): $10.52
• Trailing P/E Ratio: 37.01
• Forward P/E Ratio: 29.32
• P/E Growth: 1.37
• Net Income: $529.80 million
• Net Margins: 16.96%
• Pretax Margin: 21.00%
• Return on Equity: 26.46%
• Return on Assets: 15.02%

Debt

• Debt-to-Equity Ratio: 0.31
• Current Ratio: 3.81
• Quick Ratio: 2.23

Sales & Book Value

• Annual Sales: $3.12 billion
• Price / Sales: 6.18
• Cash Flow: $13.89 per share
• Price / Cash Flow: 28.04
• Book Value: $44.83 per share
• Price / Book: 8.68

Miscellaneous

• Outstanding Shares: 49,560,000
• Free Float: 48,122,000
• Market Cap: $19.30 billion
• Optionable: Optionable
• Beta: 1.29