Carpenter Technology (CRS) to Release Quarterly Earnings on Thursday

Carpenter Technology (NYSE:CRS - Get Free Report) is expected to post its Q4 2025 quarterly earnings results before the market opens on Thursday, July 31st. Analysts expect Carpenter Technology to post earnings of $2.02 per share and revenue of $790.73 million for the quarter.

Carpenter Technology (NYSE:CRS - Get Free Report) last posted its earnings results on Thursday, April 24th. The basic materials company reported $1.88 earnings per share for the quarter, beating analysts' consensus estimates of $1.74 by $0.14. Carpenter Technology had a return on equity of 21.16% and a net margin of 12.26%. The company had revenue of $727.00 million for the quarter, compared to the consensus estimate of $729.67 million. During the same quarter in the prior year, the company earned $1.19 earnings per share. Carpenter Technology's revenue was up 6.1% on a year-over-year basis. On average, analysts expect Carpenter Technology to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Carpenter Technology Stock Performance

CRS stock traded up $3.57 during trading on Friday, reaching $276.54. The stock had a trading volume of 581,405 shares, compared to its average volume of 909,341. Carpenter Technology has a 52 week low of $119.69 and a 52 week high of $290.84. The stock's 50 day moving average is $258.25 and its two-hundred day moving average is $214.50. The company has a current ratio of 3.75, a quick ratio of 1.89 and a debt-to-equity ratio of 0.39. The firm has a market cap of $13.77 billion, a PE ratio of 39.17, a PEG ratio of 0.90 and a beta of 1.39.

Carpenter Technology declared that its board has authorized a share repurchase plan on Thursday, April 24th that permits the company to repurchase $400.00 million in outstanding shares. This repurchase authorization permits the basic materials company to reacquire up to 4% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of research firms have weighed in on CRS. JPMorgan Chase & Co. increased their target price on Carpenter Technology from $245.00 to $305.00 and gave the company an "overweight" rating in a report on Tuesday, June 17th. Northcoast Research raised Carpenter Technology from a "sell" rating to a "neutral" rating in a research note on Wednesday, April 9th. Cowen reaffirmed a "buy" rating on shares of Carpenter Technology in a research note on Thursday, June 12th. Finally, Benchmark raised their price objective on Carpenter Technology from $250.00 to $300.00 and gave the stock a "buy" rating in a research note on Monday, June 9th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Carpenter Technology currently has a consensus rating of "Moderate Buy" and an average target price of $278.33.

Insider Buying and Selling

In related news, Director Anastasios John Hart sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of $243.72, for a total transaction of $243,720.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director I Martin Inglis sold 3,433 shares of the business's stock in a transaction on Tuesday, April 29th. The stock was sold at an average price of $197.66, for a total value of $678,566.78. Following the completion of the transaction, the director directly owned 6,732 shares of the company's stock, valued at approximately $1,330,647.12. The trade was a 33.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.90% of the stock is currently owned by company insiders.

Institutional Trading of Carpenter Technology

A number of hedge funds have recently modified their holdings of CRS. Woodline Partners LP purchased a new stake in shares of Carpenter Technology in the first quarter worth about $4,050,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Carpenter Technology by 1.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 104,785 shares of the basic materials company's stock worth $18,985,000 after purchasing an additional 1,701 shares during the period. Finally, Focus Partners Wealth raised its holdings in Carpenter Technology by 7.3% in the 1st quarter. Focus Partners Wealth now owns 4,615 shares of the basic materials company's stock worth $836,000 after purchasing an additional 314 shares during the period. Hedge funds and other institutional investors own 92.03% of the company's stock.

About Carpenter Technology

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.