NYSE:CRS Carpenter Technology (CRS) Stock Price, News & Analysis $140.78 +6.02 (+4.47%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$136.04▼$142.5850-Day Range$97.08▼$140.7852-Week Range$56.42▼$144.40Volume977,597 shsAverage Volume607,341 shsMarket Capitalization$6.98 billionP/E Ratio53.53Dividend Yield0.57%Price Target$130.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Carpenter Technology alerts: Email Address Carpenter Technology MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside7.2% Downside$130.60 Price TargetShort InterestHealthy2.40% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-4.97Upright™ Environmental ScoreNews Sentiment0.99Based on 24 Articles This WeekInsider TradingSelling Shares$6.26 M Sold Last QuarterProj. Earnings Growth28.15%From $4.44 to $5.69 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.62 out of 5 starsBasic Materials Sector24th out of 175 stocksBlast Furnaces & Steel Mills Industry2nd out of 13 stocks 2.3 Analyst's Opinion Consensus RatingCarpenter Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 4 buy ratings, no hold ratings, and 1 sell rating.Amount of Analyst CoverageCarpenter Technology has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Carpenter Technology's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.40% of the float of Carpenter Technology has been sold short.Short Interest Ratio / Days to CoverCarpenter Technology has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Carpenter Technology has recently decreased by 5.83%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldCarpenter Technology has a dividend yield of 0.66%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthCarpenter Technology does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Carpenter Technology is 30.42%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Carpenter Technology will have a dividend payout ratio of 14.06% next year. This indicates that Carpenter Technology will be able to sustain or increase its dividend.Read more about Carpenter Technology's dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCarpenter Technology has received a -105.43% net impact score from Upright. The largest negative impact of Carpenter Technology in category "GHG emissions" seems to be driven mostly by its "Stainless steel", "Metallic iron", and "Copper alloys" products. See details.Environmental SustainabilityThe Environmental Impact score for Carpenter Technology is -4.97. Previous Next 3.9 News and Social Media Coverage News SentimentCarpenter Technology has a news sentiment score of 0.99. 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 0.33 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 24 news articles for Carpenter Technology this week, compared to 5 articles on an average week.Search Interest15 people have searched for CRS on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat Follows16 people have added Carpenter Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 700% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $6,261,693.00 in company stock.Percentage Held by InsidersOnly 3.40% of the stock of Carpenter Technology is held by insiders.Percentage Held by Institutions92.03% 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Carpenter Technology are expected to grow by 28.15% in the coming year, from $4.44 to $5.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Carpenter Technology is 53.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Carpenter Technology is 53.53, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 139.12.Price to Book Value per Share RatioCarpenter Technology has a P/B Ratio of 4.89. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap Profits625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop Here About Carpenter Technology Stock (NYSE:CRS)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.Read More CRS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CRS Stock News HeadlinesJuly 26 at 4:06 AM | americanbankingnews.comCarpenter Technology Co. (NYSE:CRS) Given Average Rating of "Moderate Buy" by BrokeragesJuly 26 at 2:52 AM | americanbankingnews.comEquities Analysts Issue Forecasts for Carpenter Technology Co.'s FY2024 Earnings (NYSE:CRS)July 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 25 at 5:00 PM | uk.finance.yahoo.comCRS Aug 2024 77.500 callJuly 25 at 11:59 AM | msn.comCarpenter Zooms on Q4 FiguresJuly 25 at 11:59 AM | msn.comCarpenter Technology Non-GAAP EPS of $1.82 beats by $0.31, revenue of $798.7M beats by $34.94MJuly 25 at 8:00 AM | globenewswire.comCarpenter Technology Reports Fourth Quarter and Fiscal Year 2024 ResultsJuly 25 at 1:58 AM | americanbankingnews.comEquities Analysts Issue Forecasts for Carpenter Technology Co.'s Q1 2025 Earnings (NYSE:CRS)July 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 18, 2024 | americanbankingnews.comCarpenter Technology (CRS) to Release Earnings on ThursdayJuly 9, 2024 | globenewswire.comCarpenter Technology Announces Conference Call and WebcastJune 2, 2024 | fool.com3 Industrial Powerhouse Stocks to Buy Hand Over Fist in JuneMay 31, 2024 | seekingalpha.comCarpenter Technology: Excellent Fundamentals; Stretchy ValuationsMay 23, 2024 | markets.businessinsider.comAre You Looking for a Top Momentum Pick? Why Carpenter Technology is a Great ChoiceMay 21, 2024 | finance.yahoo.comCarpenter Technology (NYSE:CRS) Hasn't Managed To Accelerate Its ReturnsMay 12, 2024 | fool.com3 Industrial Stocks to Buy at a DiscountMay 8, 2024 | markets.businessinsider.comBenchmark Co. Reaffirms Their Buy Rating on Carpenter Technology (CRS)May 8, 2024 | finance.yahoo.comThe Zacks Rank Explained: How to Find Strong Buy Basic Materials StocksSee More Headlines Receive CRS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Carpenter Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/6 Dividend4/22/2024Dividend Payable6/06/2024Last Earnings7/25/2024Today7/26/2024Next Earnings (Estimated)10/24/2024Fiscal Year End6/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Blast furnaces & steel mills Sub-IndustrySteel Current SymbolNYSE:CRS CUSIP14428510 CIK17843 Webwww.carpentertechnology.com Phone(610) 208-2000Fax610-208-3716Employees4,500Year FoundedN/APrice Target and Rating Average Stock Price Target$130.60 High Stock Price Target$175.00 Low Stock Price Target$89.00 Potential Upside/Downside-7.2%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.63 Trailing P/E Ratio53.53 Forward P/E Ratio31.71 P/E GrowthN/ANet Income$56.40 million Net Margins4.83% Pretax Margin6.11% Return on Equity12.75% Return on Assets5.93% Debt Debt-to-Equity Ratio0.46 Current Ratio3.20 Quick Ratio1.45 Sales & Book Value Annual Sales$2.55 billion Price / Sales2.74 Cash Flow$4.47 per share Price / Cash Flow31.48 Book Value$28.76 per share Price / Book4.89Miscellaneous Outstanding Shares49,610,000Free Float47,921,000Market Cap$6.98 billion OptionableOptionable Beta1.44 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Tony R. Thene (Age 64)President, CEO & Director Comp: $2.65MMr. Timothy Lain (Age 52)Senior VP & CFO Comp: $1.1MMr. Brian J. Malloy (Age 57)Senior VP & COO Comp: $1.02MMr. James D. Dee (Age 66)Senior VP, General Counsel, Secretary, Chief Governance Officer & Chief Compliance Officer Comp: $876.76kMs. Elizabeth A. SocciVP, Controller & Chief Accounting OfficerDr. Suniti MoudgilChief Technology OfficerMr. John HuyetteVP of Corporate Development & Investor RelationsMs. Rachelle H. ThompsonVP & Chief Human Resources OfficerMr. Joseph E. Haniford (Age 65)Senior Vice President of Continuous Improvement Comp: $806.26kMr. Shakthimani LogasundaramChief Digital OfficerMore ExecutivesKey CompetitorsSteel DynamicsNASDAQ:STLDRelianceNYSE:RSUnited States SteelNYSE:XATINYSE:ATICleveland-CliffsNYSE:CLFView All CompetitorsInsiders & InstitutionsAllspring Global Investments Holdings LLCSold 14,757 shares on 7/26/2024Ownership: 0.036%Cambridge Investment Research Advisors Inc.Sold 608 shares on 7/26/2024Ownership: 0.021%Legato Capital Management LLCBought 4,260 shares on 7/26/2024Ownership: 0.009%Dearborn Partners LLCBought 2,950 shares on 7/26/2024Ownership: 0.006%ARK Investment Management LLCSold 597 shares on 7/26/2024Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions CRS Stock Analysis - Frequently Asked Questions How have CRS shares performed this year? Carpenter Technology's stock was trading at $70.80 at the start of the year. Since then, CRS stock has increased by 98.8% and is now trading at $140.78. View the best growth stocks for 2024 here. How were Carpenter Technology's earnings last quarter? Carpenter Technology Co. (NYSE:CRS) posted its quarterly earnings data on Thursday, July, 25th. The basic materials company reported $1.82 earnings per share for the quarter, topping analysts' consensus estimates of $1.52 by $0.30. The firm's revenue was up 5.4% on a year-over-year basis. What is Tony Thene's approval rating as Carpenter Technology's CEO? 87 employees have rated Carpenter Technology Chief Executive Officer Tony Thene on Glassdoor.com. Tony Thene has an approval rating of 35% among the company's employees. This puts Tony Thene in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. Who are Carpenter Technology's major shareholders? Carpenter Technology's top institutional shareholders include Bank of New York Mellon Corp (1.30%), Hennessy Advisors Inc. (0.87%), Raymond James & Associates (0.24%) and Harbor Capital Advisors Inc. (0.08%). Insiders that own company stock include Steven E Karol, James D Dee, Brian J Malloy, Marshall D Akins, Elizabeth A Socci and Charles Douglas Mclane Jr. View institutional ownership trends. How do I buy shares of Carpenter Technology? 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. Compare Top Brokerages Here. What other stocks do shareholders of Carpenter Technology own? Based on aggregate information from My MarketBeat watchlists, some other companies that Carpenter Technology investors own include WPX Energy (WPX), Broadcom (AVGO), AT&T (T), Intel (INTC), Pfizer (PFE), Inovio Pharmaceuticals (INO) and Micron Technology (MU). 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