NYSE:CRS - Carpenter Technology Stock Price, News, & Analysis

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$42.85 +0.46 (+1.09 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$42.39
Today's Range$41.62 - $43.24
52-Week Range$32.77 - $61.49
Volume248,768 shs
Average Volume280,326 shs
Market Capitalization$2.03 billion
P/E Ratio17.14
Dividend Yield1.89%
Beta2.41
Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. The company operates through two segments, Specialty Alloys Operations and Performance Engineered Products. It offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as drilling tools; and metal powders and parts. The company serves the aerospace, defense, transportation, energy, medical, industrial, and consumer markets. Carpenter Technology Corporation was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.

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Industry, Sector and Symbol

Industry Blast furnaces & steel mills
Sub-IndustrySteel
SectorBasic Materials
CUSIP14428510
Phone610-208-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.16 billion
Cash Flow$5.1012 per share
Book Value$31.66 per share

Profitability

Net Income$188.50 million

Miscellaneous

Employees4,800
Market Cap$2.03 billion
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

Carpenter Technology (NYSE:CRS) Frequently Asked Questions

What is Carpenter Technology's stock symbol?

Carpenter Technology trades on the New York Stock Exchange (NYSE) under the ticker symbol "CRS."

How often does Carpenter Technology pay dividends? What is the dividend yield for Carpenter Technology?

Carpenter Technology announced a quarterly dividend on Thursday, January 24th. Investors of record on Tuesday, February 5th will be paid a dividend of $0.20 per share on Thursday, March 7th. This represents a $0.80 annualized dividend and a dividend yield of 1.87%. The ex-dividend date of this dividend is Monday, February 4th. View Carpenter Technology's Dividend History.

How were Carpenter Technology's earnings last quarter?

Carpenter Technology Co. (NYSE:CRS) released its earnings results on Thursday, January, 31st. The basic materials company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.10. The basic materials company had revenue of $556.50 million for the quarter, compared to analysts' expectations of $570.66 million. Carpenter Technology had a return on equity of 9.49% and a net margin of 6.04%. During the same quarter in the previous year, the firm posted $0.55 earnings per share. View Carpenter Technology's Earnings History.

When is Carpenter Technology's next earnings date?

Carpenter Technology is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Carpenter Technology.

What price target have analysts set for CRS?

3 analysts have issued 12-month price targets for Carpenter Technology's shares. Their predictions range from $50.00 to $55.00. On average, they expect Carpenter Technology's share price to reach $52.6667 in the next twelve months. This suggests a possible upside of 22.9% from the stock's current price. View Analyst Price Targets for Carpenter Technology.

What is the consensus analysts' recommendation for Carpenter Technology?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carpenter Technology in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Carpenter Technology.

Has Carpenter Technology been receiving favorable news coverage?

Media headlines about CRS stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Carpenter Technology earned a media sentiment score of -1.1 on InfoTrie's scale. They also assigned media stories about the basic materials company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days.

Who are some of Carpenter Technology's key competitors?

What other stocks do shareholders of Carpenter Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Carpenter Technology investors own include WPX Energy (WPX), Micron Technology (MU), General Electric (GE), Inovio Pharmaceuticals (INO), QUALCOMM (qcom), Colgate-Palmolive (CL), Biogen (BIIB), Ford Motor (F), Allegheny Technologies (ATI) and AbbVie (ABBV).

Who are Carpenter Technology's key executives?

Carpenter Technology's management team includes the folowing people:
  • Mr. Tony R. Thene, Pres, CEO & Director (Age 58)
  • Mr. James D. Dee, VP, Gen. Counsel, Sec. & Chief Governance Officer (Age 61)
  • Mr. Joseph E. Haniford, VP of Bus. Mgmt. Office, Employee Health & Safety and Global Advanced Engg. (Age 60)
  • Mr. Timothy Lain, VP & CFO (Age 47)
  • Ms. Elizabeth A. Socci, VP, Controller & Chief Accounting Officer

Who are Carpenter Technology's major shareholders?

Carpenter Technology's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.49%), Dimensional Fund Advisors LP (8.37%), Bank of New York Mellon Corp (2.38%), Northern Trust Corp (2.34%), Frontier Capital Management Co. LLC (2.31%) and Victory Capital Management Inc. (1.59%). Company insiders that own Carpenter Technology stock include Damon J Audia, Greg Campbell, I Martin Inglis, James D Dee, Jatinder Singh Bal, Jeffrey Wadsworth, Joseph E Haniford, Robert R Mcmaster, Steven E Karol, Timothy Lain and Tony R Thene. View Institutional Ownership Trends for Carpenter Technology.

Which institutional investors are selling Carpenter Technology stock?

CRS stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, Halsey Associates Inc. CT, Frontier Capital Management Co. LLC, Canada Pension Plan Investment Board, Northpointe Capital LLC and Millennium Management LLC. Company insiders that have sold Carpenter Technology company stock in the last year include Damon J Audia, I Martin Inglis, James D Dee, Jeffrey Wadsworth, Steven E Karol, Timothy Lain and Tony R Thene. View Insider Buying and Selling for Carpenter Technology.

Which institutional investors are buying Carpenter Technology stock?

CRS stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Boston Partners, BlackRock Inc., Dimensional Fund Advisors LP, Crestline Management LP, Assenagon Asset Management S.A., Rhumbline Advisers and D. E. Shaw & Co. Inc.. Company insiders that have bought Carpenter Technology stock in the last two years include Greg Campbell and Jatinder Singh Bal. View Insider Buying and Selling for Carpenter Technology.

How do I buy shares of Carpenter Technology?

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

What is Carpenter Technology's stock price today?

One share of CRS stock can currently be purchased for approximately $42.85.

How big of a company is Carpenter Technology?

Carpenter Technology has a market capitalization of $2.03 billion and generates $2.16 billion in revenue each year. The basic materials company earns $188.50 million in net income (profit) each year or $2.50 on an earnings per share basis. Carpenter Technology employs 4,800 workers across the globe.

What is Carpenter Technology's official website?

The official website for Carpenter Technology is http://www.cartech.com.

How can I contact Carpenter Technology?

Carpenter Technology's mailing address is 1735 MARKET STREET 15TH FL, PHILADELPHIA PA, 19103. The basic materials company can be reached via phone at 610-208-2000 or via email at [email protected]


MarketBeat Community Rating for Carpenter Technology (NYSE CRS)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  234 (Vote Outperform)
Underperform Votes:  208 (Vote Underperform)
Total Votes:  442
MarketBeat's community ratings are surveys of what our community members think about Carpenter Technology and other stocks. Vote "Outperform" if you believe CRS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CRS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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