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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Blast furnaces & steel mills
Sub-IndustrySteel
SectorBasic Materials
Current SymbolNYSE:CRS
Previous Symbol
CUSIP14428510
Phone610-208-2000
Debt
Debt-to-Equity Ratio0.37
Current Ratio3.27
Quick Ratio1.23
Price-To-Earnings
Trailing P/E Ratio17.51
Forward P/E Ratio13.81
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.16 billion
Price / Sales0.96
Cash Flow$5.1434 per share
Price / Cash8.51
Book Value$31.47 per share
Price / Book1.39
Profitability
EPS (Most Recent Fiscal Year)$2.50
Net Income$188.50 million
Net Margins8.74%
Return on Equity9.03%
Return on Assets4.29%
Miscellaneous
Employees4,800
Outstanding Shares47,370,000
Market Cap$2.03 billion
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 Wednesday, October 10th. Stockholders of record on Tuesday, October 23rd will be given a dividend of $0.20 per share on Thursday, December 6th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date is Monday, October 22nd. View Carpenter Technology's Dividend History.
How were Carpenter Technology's earnings last quarter?
Carpenter Technology Co. (NYSE:CRS) posted its quarterly earnings data on Wednesday, October, 24th. The basic materials company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.74 by $0.09. The basic materials company earned $572.40 million during the quarter, compared to the consensus estimate of $559 million. Carpenter Technology had a return on equity of 9.03% and a net margin of 8.74%. Carpenter Technology's quarterly revenue was up 19.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.49 earnings per share. View Carpenter Technology's Earnings History.
When is Carpenter Technology's next earnings date?
What price target have analysts set for CRS?
3 analysts have issued 1 year target prices for Carpenter Technology's stock. Their forecasts range from $50.00 to $66.00. On average, they expect Carpenter Technology's stock price to reach $55.3333 in the next twelve months. This suggests a possible upside of 26.4% 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 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Carpenter Technology.
Has Carpenter Technology been receiving favorable news coverage?
Media headlines about CRS stock have trended positive on Saturday, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Carpenter Technology earned a daily sentiment score of 2.8 on InfoTrie's scale. They also assigned news stories about the basic materials company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near future.
Who are some of Carpenter Technology's key competitors?
Some companies that are related to Carpenter Technology include Ternium (TX), United States Steel (X), APERAM/SH N Y REGISTRY SH (APEMY), Commercial Metals (CMC), USINAS SIDERURG/S (USNZY), AK Steel (AKS), SunCoke Energy (SXC), SunCoke Energy Partners (SXCP), Mechel PAO (MTL), Timkensteel (TMST), Titan International (TWI), Universal Stainless & Alloy Products (USAP), Ossen Innovation (OSN) and China Precision Steel (CPSL).
Who are Carpenter Technology's key executives?
Carpenter Technology's management team includes the folowing people:
- Mr. Tony R. Thene, Pres, CEO & Director (Age 57)
- Mr. James D. Dee, VP, Gen. Counsel, Sec. & Chief Governance Officer (Age 60)
- Mr. Joseph E. Haniford, VP of Bus. Management Office & Global Advanced Engineering (Age 59)
- Mr. Timothy Lain, VP & CFO (Age 46)
- Ms. Elizabeth A. Socci, VP, Controller & Chief Accounting Officer
Who are Carpenter Technology's major shareholders?
Carpenter Technology's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.21%), Dimensional Fund Advisors LP (8.18%), Bank of New York Mellon Corp (3.37%), Franklin Resources Inc. (3.20%), Frontier Capital Management Co. LLC (2.43%) and Victory Capital Management Inc. (1.66%). Company insiders that own Carpenter Technology stock include Damon J Audia, Greg Campbell, Gregory A Pratt, I Martin Inglis, James D Dee, Jatinder Singh Bal, Jeffrey Wadsworth, Joseph E Haniford, Kathryn C Turner, 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 Deutsche Bank AG, Tributary Capital Management LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Royce & Associates LP, Canada Pension Plan Investment Board, Bank of New York Mellon Corp and Hammer Asset 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, Joseph E Haniford, 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 acquired by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Frontier Capital Management Co. LLC, WINTON GROUP Ltd, Fisher Asset Management LLC, Victory Capital Management Inc., BlackRock Inc., Retirement Systems of Alabama and First Trust Advisors LP. 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 $43.77.
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?
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)
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.
