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 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date 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 earnings results on Thursday, August, 1st. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.06. The basic materials company had revenue of $641.40 million for the quarter, compared to the consensus estimate of $637.84 million. Carpenter Technology had a net margin of 7.02% and a return on equity of 10.33%. The company's quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.87 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 equities research analysts have issued 1-year price targets for Carpenter Technology's shares. Their forecasts range from $50.00 to $59.00. On average, they anticipate Carpenter Technology's stock price to reach $54.00 in the next twelve months. This suggests a possible upside of 0.5% 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?
Headlines about CRS stock have trended somewhat negative on Sunday, according to InfoTrie. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. 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 media sentiment score of -1.3 on InfoTrie's scale. They also gave news articles about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. 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 daily volume of 248,100 shares, the days-to-cover ratio is presently 6.4 days. Approximately 3.4% of the shares of the stock 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), Commercial Metals (CMC), United States Steel (X), USINAS SIDERURG/S (USNZY), AK Steel (AKS), SunCoke Energy (SXC), Mechel PAO (MTL), Timkensteel (TMST), Titan International (TWI), Universal Stainless & Alloy Products (USAP) 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 investors 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 institutional 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 institutional investors are buying Carpenter Technology stock?
CRS stock was purchased 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 $53.74.
How big of a company is Carpenter Technology?
Carpenter Technology has a market capitalization of $2.56 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.
