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.
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Industry, Sector and Symbol
Industry Blast furnaces & steel mills
Sub-IndustrySteel
SectorBasic Materials
Phone610-208-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.38 billion
Profitability
Miscellaneous
Employees5,100
Next Earnings Date10/23/2019 (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 Wednesday, August 14th. Stockholders of record on Tuesday, August 27th will be given a dividend of $0.20 per share on Thursday, September 5th. This represents a $0.80 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend is Monday, August 26th. 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 Thursday, August, 1st. The basic materials company reported $1.00 EPS for the quarter, beating analysts' consensus estimates of $0.94 by $0.06. The basic materials company earned $641.40 million during the quarter, compared to analyst estimates of $637.84 million. Carpenter Technology had a return on equity of 10.33% and a net margin of 7.02%. The firm's quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.87 EPS. View Carpenter Technology's Earnings History.
When is Carpenter Technology's next earnings date?
What price target have analysts set for CRS?
3 Wall Street analysts have issued 12-month target prices for Carpenter Technology's shares. Their forecasts range from $50.00 to $59.00. On average, they expect Carpenter Technology's share price to reach $54.00 in the next year. This suggests that the stock has a possible downside of 3.3%. 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 stories about CRS stock have trended somewhat positive on Monday, InfoTrie reports. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Carpenter Technology earned a daily sentiment score of 0.9 on InfoTrie's scale. They also gave news articles about the basic materials company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Carpenter Technology.
Are investors shorting Carpenter Technology?
Carpenter Technology saw a increase in short interest in August. As of August 31st, there was short interest totalling 1,577,200 shares, an increase of 9.4% from the July 31st total of 1,442,100 shares. Based on an average trading volume of 248,100 shares, the short-interest ratio is currently 6.4 days. Approximately 3.4% of the company's shares are short sold. View Carpenter Technology's Current Options Chain.
Who are some of Carpenter Technology's key competitors?
Some companies that are related to Carpenter Technology include EVRAZ (EVRZF), Steel Dynamics (STLD), Ternium (TX), APERAM/SH N Y REGISTRY SH (APEMY), United States Steel (X), Commercial Metals (CMC), USINAS SIDERURG/S (USNZY), AK Steel (AKS), SunCoke Energy (SXC), Timkensteel (TMST), Titan International (TWI), Universal Stainless & Alloy Products (USAP), Mechel PAO (MTL) and Ossen Innovation (OSN).
What other stocks do shareholders of Carpenter Technology own?
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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.71%), BlackRock Inc. (11.71%), Vanguard Group Inc. (9.67%), Price T Rowe Associates Inc. MD (3.19%), Northern Trust Corp (2.57%) and Invesco Ltd. (2.37%). Company insiders that own Carpenter Technology stock 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 Institutional Ownership Trends for Carpenter Technology.
Which major investors are selling Carpenter Technology stock?
CRS stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., WINTON GROUP Ltd, Boston Partners, Rice Hall James & Associates LLC, Canada Pension Plan Investment Board, Man Group plc, Balyasny Asset Management LLC and William Blair Investment Management LLC. View Insider Buying and Selling for Carpenter Technology.
Which major investors are buying Carpenter Technology stock?
CRS stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Icon Advisers Inc. Co., Northern Trust Corp, Vanguard Group Inc., Invesco Ltd., Grantham Mayo Van Otterloo & Co. LLC, First Trust Advisors LP and JPMorgan Chase & Co.. 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, Robinhood, Fidelity and Charles Schwab.
What is Carpenter Technology's stock price today?
One share of CRS stock can currently be purchased for approximately $55.86.
How big of a company is Carpenter Technology?
Carpenter Technology has a market capitalization of $2.66 billion and generates $2.38 billion in revenue each year. The basic materials company earns $167 million in net income (profit) each year or $3.46 on an earnings per share basis. Carpenter Technology employs 5,100 workers across the globe.View Additional Information About Carpenter Technology.
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.
