NYSE:CRS Carpenter Technology - CRS Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Carpenter Technology Co. Please log in to your account or sign up in order to add this asset to your watchlist. $46.48 +2.54 (+5.78%) (As of 01/26/2023 05:17 PM ET) Add Compare Share Share Today's Range$41.06▼$46.7250-Day Range$35.88▼$44.6052-Week Range$24.76▼$46.72Volume810,602 shsAverage Volume382,947 shsMarket Capitalization$2.25 billionP/E RatioN/ADividend Yield1.82%Price Target$47.75 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Carpenter Technology MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside2.7% Upside$47.75 Price TargetShort InterestBearish2.67% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-4.17Upright™ Environmental ScoreNews Sentiment0.52Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth118.26%From $1.15 to $2.51 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.66 out of 5 starsBasic Materials Sector124th out of 162 stocksBlast Furnaces & Steel Mills Industry10th out of 14 stocks 1.5 Analyst's Opinion Consensus RatingCarpenter Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $47.75, Carpenter Technology has a forecasted upside of 2.7% from its current price of $46.48.Amount of Analyst CoverageCarpenter Technology has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.67% 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 4.5.Change versus previous monthShort interest in Carpenter Technology has recently increased by 2.44%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldCarpenter Technology pays a meaningful dividend of 1.82%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCarpenter Technology does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Carpenter Technology will have a dividend payout ratio of 31.87% next year. This indicates that Carpenter Technology will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCarpenter Technology has received a -122.79% net impact score from Upright. The largest negative impact of Carpenter Technology in category "GHG emissions" seems to be driven mostly by its "Copper alloys", "Nickel alloys", and "Stainless steel" products. See details.Environmental SustainabilityThe Environmental Impact score for Carpenter Technology is -4.17. Previous Next 3.1 News and Social Media Coverage News SentimentCarpenter Technology has a news sentiment score of 0.52. 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 news sentiment score is similar to the average news sentiment of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Carpenter Technology this week, compared to 1 article on an average week.Search Interest8 people have searched for CRS on MarketBeat in the last 30 days. MarketBeat Follows3 people have added Carpenter Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Carpenter Technology insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.50% of the stock of Carpenter Technology is held by insiders.Percentage Held by Institutions92.28% of the stock of Carpenter Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Carpenter Technology are expected to grow by 118.26% in the coming year, from $1.15 to $2.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Carpenter Technology is -54.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Carpenter Technology is -54.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCarpenter Technology has a P/B Ratio of 1.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Carpenter Technology (NYSE:CRS) StockCarpenter 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 aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.Read More 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 CRS Stock News HeadlinesJanuary 26, 2023 | finanznachrichten.deCarpenter Technology Corporation: Carpenter Technology Reports Second Quarter Fiscal Year 2023 ResultsJanuary 26, 2023 | msn.comCarpenter Technology Non-GAAP EPS of $0.13, revenue of $579.1MJanuary 26, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 26, 2023 | finance.yahoo.comCarpenter Technology Reports Second Quarter Fiscal Year 2023 ResultsJanuary 26, 2023 | finance.yahoo.comCarpenter Technology (CRS) Q2 Earnings and Revenues Top EstimatesJanuary 26, 2023 | seekingalpha.comCarpenter Technology Corporation (CRS) Q2 2023 Earnings Call TranscriptJanuary 25, 2023 | msn.comEarnings Outlook For Carpenter TechnologyJanuary 24, 2023 | finance.yahoo.comCarpenter Technology (NYSE:CRS) Has Announced A Dividend Of $0.20January 26, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.December 28, 2022 | thestreet.comHow Will Carpenter Technology (CRS) Stock React To This Reduced Analyst Estimate?December 22, 2022 | thestreet.comCarpenter Technology Stock To Go Ex-dividend Tomorrow (CRS)December 14, 2022 | finance.yahoo.comThose who invested in Carpenter Technology (NYSE:CRS) a year ago are up 38%November 17, 2022 | finance.yahoo.comBe Wary Of Carpenter Technology (NYSE:CRS) And Its Returns On CapitalNovember 11, 2022 | seekingalpha.comCarpenter Technology: Navigating Well Through A Turbulent Initial Aerospace Recovery CycleNovember 1, 2022 | msn.comCarpenter Technology's Return On Capital Employed OverviewOctober 28, 2022 | seekingalpha.comCRS Carpenter Technology CorporationOctober 27, 2022 | markets.businessinsider.comCarpenter Technology Reports Q1 Net Loss NarrowsOctober 27, 2022 | finance.yahoo.comCarpenter Technology Reports First Quarter Fiscal Year 2023 ResultsOctober 27, 2022 | finance.yahoo.comCarpenter Technology (CRS) Reports Q1 Loss, Misses Revenue EstimatesOctober 18, 2022 | finance.yahoo.comCarpenter Technology (NYSE:CRS) Is Due To Pay A Dividend Of $0.20October 18, 2022 | finance.yahoo.comEstimating The Fair Value Of Carpenter Technology Corporation (NYSE:CRS)October 13, 2022 | finance.yahoo.comCarpenter Technology Reaffrims FY23 Outlook and Provides Impact of Hurricane IanOctober 6, 2022 | finance.yahoo.comHere's Why Carpenter Technology (CRS) is a Strong Momentum StockOctober 4, 2022 | finance.yahoo.comCarpenter Technology Stock Scores Relative Strength UpgradeSeptember 13, 2022 | finance.yahoo.comHow Much Upside is Left in Carpenter (CRS)? Wall Street Analysts Think 26%September 13, 2022 | finance.yahoo.comCarpenter Technology Stock Shows Market Leadership; Earns 93 RS RatingSeptember 13, 2022 | finance.yahoo.comCarpenter (CRS) Moves 8.8% Higher: Will This Strength Last?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 CRS Company Calendar Last Earnings10/28/2021Ex-Dividend for 12/1 Dividend10/24/2022Dividend Payable12/01/2022Today1/26/2023Next Earnings (Confirmed)1/26/2023Ex-Dividend for 3/2 Dividend1/30/2023Dividend Payable3/02/2023Fiscal Year End6/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Blast furnaces & steel mills Sub-IndustrySteel SectorBasic Materials Current SymbolNYSE:CRS CUSIP14428510 CIK17843 Webwww.carpentertechnology.com Phone(610) 208-2000Fax610-208-3716Employees4,100Year FoundedN/APrice Target and Rating Average Stock Price Forecast$47.75 High Stock Price Forecast$53.00 Low Stock Price Forecast$45.00 Forecasted Upside/Downside+2.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.86) Trailing P/E RatioN/A Forward P/E Ratio40.42 P/E GrowthN/ANet Income$-49,100,000.00 Net Margins-2.09% Pretax Margin-2.32% Return on Equity-3.35% Return on Assets-1.49% Debt Debt-to-Equity Ratio0.53 Current Ratio2.80 Quick Ratio1.30 Sales & Book Value Annual Sales$1.84 billion Price / Sales1.23 Cash Flow$1.79 per share Price / Cash Flow25.90 Book Value$27.56 per share Price / Book1.69Miscellaneous Outstanding Shares48,445,000Free Float46,749,000Market Cap$2.25 billion OptionableOptionable Beta1.69 Key ExecutivesMr. Tony R. Thene (Age 63)Pres, CEO & Director Comp: $1.53MMr. Timothy Lain (Age 51)Sr. VP & CFO Comp: $724.69kMr. James D. Dee (Age 65)Sr. VP, Gen. Counsel, Sec., Chief Governance Officer & Chief Compliance Officer Comp: $628.17kMr. Brian J. MalloySr. VP and Group Pres of Specialty Alloys OperationsMr. David GrafVP & Group Pres of Performance Engineered ProductsMs. Elizabeth A. SocciVP, Controller & Chief Accounting OfficerDr. Suniti MoudgilChief Technology OfficerMs. Rachelle H. ThompsonVP & Chief HR OfficerMr. Joseph E. Haniford (Age 64)Sr. VP of Continuous Improvement Mr. Shakthimani LogasundaramChief Digital OfficerMore ExecutivesKey CompetitorsCommercial MetalsNYSE:CMCUnited States SteelNYSE:XTimkenSteelNYSE:TMSTAlgoma Steel GroupNASDAQ:ASTLGrupo SimecNYSE:SIMView All CompetitorsInsiders & InstitutionsBeaumont Financial Advisors LLCBought 6,185 shares on 1/25/2023Ownership: 0.013%ARK Investment Management LLCSold 2,423 shares on 1/24/2023Ownership: 0.012%International Assets Investment Management LLCBought 2,808 shares on 1/24/2023Ownership: 0.006%JB Capital LLCBought 379 shares on 1/23/2023Ownership: 0.032%Assenagon Asset Management S.A.Bought 65,928 shares on 1/12/2023Ownership: 0.136%View All Institutional Transactions CRS Stock - Frequently Asked Questions Should I buy or sell Carpenter Technology stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Carpenter Technology in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CRS shares. View CRS analyst ratings or view top-rated stocks. What is Carpenter Technology's stock price forecast for 2023? 3 brokers have issued 1 year price targets for Carpenter Technology's shares. Their CRS share price forecasts range from $45.00 to $53.00. On average, they expect the company's stock price to reach $47.75 in the next twelve months. This suggests a possible upside of 9.2% from the stock's current price. View analysts price targets for CRS or view top-rated stocks among Wall Street analysts. How have CRS shares performed in 2023? Carpenter Technology's stock was trading at $36.94 at the beginning of the year. Since then, CRS shares have increased by 18.4% and is now trading at $43.73. View the best growth stocks for 2023 here. Are investors shorting Carpenter Technology? Carpenter Technology saw a decline in short interest in the month of December. As of December 15th, there was short interest totaling 1,250,000 shares, a decline of 6.7% from the November 30th total of 1,340,000 shares. Based on an average daily volume of 252,900 shares, the short-interest ratio is currently 4.9 days. Currently, 2.6% of the company's stock are sold short. View Carpenter Technology's Short Interest. When is Carpenter Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, January 26th 2023. View our CRS earnings forecast. How were Carpenter Technology's earnings last quarter? Carpenter Technology Co. (NYSE:CRS) issued its quarterly earnings data on Thursday, October, 28th. The basic materials company reported ($0.28) earnings per share for the quarter, beating analysts' consensus estimates of ($0.38) by $0.10. The basic materials company earned $387.60 million during the quarter, compared to analysts' expectations of $428.67 million. Carpenter Technology had a negative net margin of 2.09% and a negative trailing twelve-month return on equity of 3.35%. The firm's quarterly revenue was up 9.7% compared to the same quarter last year. During the same period last year, the business posted ($0.58) EPS. How often does Carpenter Technology pay dividends? What is the dividend yield for Carpenter Technology? Carpenter Technology declared a quarterly dividend on Thursday, January 19th. Shareholders of record on Tuesday, January 31st will be paid a dividend of $0.20 per share on Thursday, March 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date of this dividend is Monday, January 30th. Read our dividend analysis for CRS. Is Carpenter Technology a good dividend stock? Carpenter Technology (NYSE:CRS) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.82%. Read our dividend analysis for CRS. 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. 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), Broadcom (AVGO), AT&T (T), Intel (INTC), Pfizer (PFE), Inovio Pharmaceuticals (INO), Micron Technology (MU), Cisco Systems (CSCO), AbbVie (ABBV) and Gilead Sciences (GILD). What is Carpenter Technology's stock symbol? Carpenter Technology trades on the New York Stock Exchange (NYSE) under the ticker symbol "CRS." Who are Carpenter Technology's major shareholders? Carpenter Technology's stock is owned by a variety of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (0.60%), Assenagon Asset Management S.A. (0.14%), Yousif Capital Management LLC (0.06%), JB Capital LLC (0.03%), Beaumont Financial Advisors LLC (0.01%) and ARK Investment Management LLC (0.01%). Insiders that own company stock include Brian J Malloy, James D Dee, Kathleen Ligocki, Robert R Mcmaster, Timothy Lain and Tony R Thene. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Carpenter Technology's stock price today? One share of CRS stock can currently be purchased for approximately $43.73. How much money does Carpenter Technology make? Carpenter Technology (NYSE:CRS) has a market capitalization of $2.12 billion and generates $1.84 billion in revenue each year. The basic materials company earns $-49,100,000.00 in net income (profit) each year or ($0.86) on an earnings per share basis. How many employees does Carpenter Technology have? The company employs 4,100 workers across the globe. How can I contact Carpenter Technology? Carpenter Technology's mailing address is 1735 MARKET STREET 15TH FL, PHILADELPHIA PA, 19103. The official website for the company is www.carpentertechnology.com. The basic materials company can be reached via phone at (610) 208-2000, via email at brad@theplunkettgroup.com, or via fax at 610-208-3716. This page (NYSE:CRS) was last updated on 1/26/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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