Research Analysts Offer Predictions for Carpenter Technology Co.'s Q1 2025 Earnings (NYSE:CRS)

Carpenter Technology Co. (NYSE:CRS - Free Report) - Equities research analysts at Zacks Research increased their Q1 2025 earnings per share (EPS) estimates for shares of Carpenter Technology in a research report issued on Tuesday, April 9th. Zacks Research analyst S. Deb now forecasts that the basic materials company will post earnings of $0.86 per share for the quarter, up from their previous forecast of $0.85. The consensus estimate for Carpenter Technology's current full-year earnings is $3.94 per share. Zacks Research also issued estimates for Carpenter Technology's Q2 2025 earnings at $0.92 EPS, Q4 2025 earnings at $1.32 EPS, FY2025 earnings at $4.16 EPS, Q2 2026 earnings at $0.94 EPS, Q3 2026 earnings at $1.14 EPS and FY2026 earnings at $4.54 EPS.

Carpenter Technology (NYSE:CRS - Get Free Report) last released its quarterly earnings results on Thursday, January 25th. The basic materials company reported $0.85 earnings per share for the quarter, hitting analysts' consensus estimates of $0.85. The company had revenue of $624.20 million during the quarter, compared to analysts' expectations of $669.56 million. Carpenter Technology had a return on equity of 10.21% and a net margin of 5.27%.

Carpenter Technology Price Performance

NYSE CRS traded down $3.01 during trading hours on Wednesday, reaching $77.31. The company's stock had a trading volume of 606,187 shares, compared to its average volume of 482,809. The firm has a market capitalization of $3.82 billion, a price-to-earnings ratio of 26.75 and a beta of 1.56. Carpenter Technology has a 1-year low of $42.84 and a 1-year high of $82.16. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.90 and a quick ratio of 1.26. The company's 50-day moving average is $67.16 and its two-hundred day moving average is $67.10.

Carpenter Technology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 7th. Investors of record on Tuesday, January 30th were issued a $0.20 dividend. The ex-dividend date was Monday, January 29th. This represents a $0.80 dividend on an annualized basis and a yield of 1.03%. Carpenter Technology's payout ratio is 27.68%.

Hedge Funds Weigh In On Carpenter Technology

Hedge funds have recently made changes to their positions in the company. Point72 Hong Kong Ltd acquired a new position in shares of Carpenter Technology during the first quarter valued at approximately $26,000. Cape Investment Advisory Inc. purchased a new stake in shares of Carpenter Technology in the fourth quarter valued at approximately $29,000. Johnson Financial Group Inc. purchased a new stake in shares of Carpenter Technology in the fourth quarter valued at approximately $31,000. Tower Research Capital LLC TRC grew its position in shares of Carpenter Technology by 124.5% in the first quarter. Tower Research Capital LLC TRC now owns 979 shares of the basic materials company's stock valued at $44,000 after purchasing an additional 543 shares in the last quarter. Finally, Fifth Third Bancorp grew its position in shares of Carpenter Technology by 322.5% in the fourth quarter. Fifth Third Bancorp now owns 1,162 shares of the basic materials company's stock valued at $82,000 after purchasing an additional 887 shares in the last quarter. Institutional investors and hedge funds own 92.03% of the company's stock.

Carpenter Technology Company Profile

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.