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NYSE:CRS

Carpenter Technology (CRS) Stock Price, News & Analysis

Carpenter Technology logo
$234.12 -2.04 (-0.86%)
As of 03:17 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Carpenter Technology Stock (NYSE:CRS)

Key Stats

Today's Range
$230.81
$236.38
50-Day Range
$150.90
$238.11
52-Week Range
$95.17
$246.36
Volume
411,358 shs
Average Volume
762,577 shs
Market Capitalization
$11.65 billion
P/E Ratio
44.12
Dividend Yield
0.34%
Price Target
$168.00
Consensus Rating
Moderate Buy

Company Overview

Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts. It serves to aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.

Carpenter Technology Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
75th Percentile Overall Score

CRS MarketRank™: 

Carpenter Technology scored higher than 75% of companies evaluated by MarketBeat, and ranked 65th out of 188 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Carpenter Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Carpenter Technology has only been the subject of 2 research reports in the past 90 days.

  • Read more about Carpenter Technology's stock forecast and price target.
  • Earnings Growth

    Earnings for Carpenter Technology are expected to grow by 18.30% in the coming year, from $6.83 to $8.08 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Carpenter Technology is 44.55, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.30.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Carpenter Technology is 44.55, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 66.95.

  • Price to Earnings Growth Ratio

    Carpenter Technology has a PEG Ratio of 0.93. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Carpenter Technology has a P/B Ratio of 6.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Carpenter Technology's valuation and earnings.
  • Percentage of Shares Shorted

    10.35% 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 5.4.
  • Change versus previous month

    Short interest in Carpenter Technology has recently increased by 14.35%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Carpenter Technology has a dividend yield of 0.35%, 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 11.33%. 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 9.90% next year. This indicates that Carpenter Technology will be able to sustain or increase its dividend.

  • Read more about Carpenter Technology's dividend.
  • Percentage of Shares Shorted

    10.35% 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 5.4.
  • Change versus previous month

    Short interest in Carpenter Technology has recently increased by 14.35%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Carpenter Technology has a news sentiment score of 1.35. 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 higher news sentiment than the 0.52 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 12 news articles for Carpenter Technology this week, compared to 9 articles on an average week.
  • Search Interest

    9 people have searched for CRS on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • MarketBeat Follows

    10 people have added Carpenter Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.
  • 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 $678,567.00 in company stock.

  • Percentage Held by Insiders

    Only 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.

  • Read more about Carpenter Technology's insider trading history.
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CRS Stock News Headlines

Elon’s 2025 Silver Crisis (What It Means for You)
Elon Musk is back in the spotlight—this time for fueling a global scramble for silver. Tesla's relentless production of electric vehicles and solar technology is driving demand for the precious metal to unprecedented levels. Silver—critical for EV batteries, solar panels, and advanced electronics—is now at the center of a supply crisis.
Zacks Research Has Bullish Estimate for CRS FY2026 Earnings
Zacks Research Brokers Increase Earnings Estimates for CRS
See More Headlines

CRS Stock Analysis - Frequently Asked Questions

Carpenter Technology's stock was trading at $169.71 at the beginning of the year. Since then, CRS shares have increased by 39.1% and is now trading at $236.0930.
View the best growth stocks for 2025 here
.

Carpenter Technology Co. (NYSE:CRS) announced its earnings results on Thursday, April, 24th. The basic materials company reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.74 by $0.14. The firm's revenue for the quarter was up 6.1% on a year-over-year basis.
Read the conference call transcript
.

Carpenter Technology's Board of Directors authorized a share buyback plan on Thursday, April 24th 2025, which permits the company to repurchase $400,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 4% of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its shares are undervalued.

Carpenter Technology's top institutional shareholders include Vanguard Group Inc. (10.05%), Invesco Ltd. (4.23%), Egerton Capital UK LLP (3.66%) and Dimensional Fund Advisors LP (3.32%). Insiders that own company stock include Steven E Karol, James D Dee, Brian J Malloy, Marshall D Akins, Elizabeth A Socci, I Martin Inglis and Charles Douglas Mclane Jr.
View institutional ownership trends
.

Shares of CRS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Carpenter Technology investors own include Humana (HUM), American Water Works (AWK), NVIDIA (NVDA), Voyager Therapeutics (VYGR), TotalEnergies (TTE), Waste Connections (WCN) and The RMR Group (RMR).

Company Calendar

Ex-Dividend for 3/6 Dividend
1/28/2025
Record date for 3/6 Dividend
2/28/2025
Dividend Payable
3/06/2025
Record date for 6/5 Dividend
4/22/2025
Ex-Dividend for 6/5 Dividend
4/22/2025
Last Earnings
4/24/2025
Today
5/29/2025
Dividend Payable
6/05/2025
Fiscal Year End
6/30/2025
Next Earnings (Estimated)
7/24/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Blast furnaces & steel mills
Sub-Industry
Steel
Current Symbol
NYSE:CRS
Employees
4,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$168.00
High Stock Price Target
$245.00
Low Stock Price Target
$89.00
Potential Upside/Downside
-28.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Trailing P/E Ratio
44.32
Forward P/E Ratio
34.42
P/E Growth
0.93
Net Income
$186.50 million
Pretax Margin
10.78%

Debt

Sales & Book Value

Annual Sales
$2.92 billion
Cash Flow
$8.82 per share
Price / Cash Flow
26.65
Book Value
$34.37 per share
Price / Book
6.84

Miscellaneous

Free Float
48,500,000
Market Cap
$11.70 billion
Optionable
Optionable
Beta
1.33

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This page (NYSE:CRS) was last updated on 5/29/2025 by MarketBeat.com Staff
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