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Carpenter Technology Stock Forecast, Price & News

-0.35 (-1.89 %)
(As of 09/23/2020 12:00 AM ET)
Today's Range
Now: $18.21
50-Day Range
MA: $21.37
52-Week Range
Now: $18.21
Volume442,458 shs
Average Volume552,385 shs
Market Capitalization$873.11 million
P/E RatioN/A
Dividend Yield4.31%
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.22 out of 5 stars

Industry, Sector and Symbol

Industry Blast furnaces & steel mills



Sales & Book Value

Annual Sales$2.18 billion
Cash Flow$5.04 per share
Book Value$30.24 per share


Net Income$1.50 million


Market Cap$873.11 million
Next Earnings Date10/22/2020 (Estimated)
-0.35 (-1.89 %)
(As of 09/23/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Carpenter Technology (NYSE:CRS) Frequently Asked Questions

How has Carpenter Technology's stock price been impacted by COVID-19?

Carpenter Technology's stock was trading at $27.28 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CRS shares have decreased by 33.2% and is now trading at $18.21.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Carpenter Technology?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carpenter Technology in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Carpenter Technology

When is Carpenter Technology's next earnings date?

Carpenter Technology is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020.
View our earnings forecast for Carpenter Technology

How were Carpenter Technology's earnings last quarter?

Carpenter Technology Co. (NYSE:CRS) posted its quarterly earnings data on Thursday, July, 30th. The basic materials company reported ($0.31) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.35) by $0.04. The basic materials company had revenue of $437.30 million for the quarter, compared to the consensus estimate of $453.23 million. Carpenter Technology had a return on equity of 6.84% and a net margin of 0.07%. Carpenter Technology's revenue was down 31.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.00 earnings per share.
View Carpenter Technology's earnings history

How often does Carpenter Technology pay dividends? What is the dividend yield for Carpenter Technology?

Carpenter Technology declared a quarterly dividend on Wednesday, August 12th. Investors of record on Tuesday, August 25th will be given a dividend of $0.20 per share on Thursday, September 3rd. This represents a $0.80 annualized dividend and a yield of 4.39%. The ex-dividend date of this dividend is Monday, August 24th.
View Carpenter Technology's dividend history

What price target have analysts set for CRS?

4 brokers have issued 12 month target prices for Carpenter Technology's stock. Their forecasts range from $27.00 to $30.00. On average, they anticipate Carpenter Technology's share price to reach $28.50 in the next year. This suggests a possible upside of 56.5% from the stock's current price.
View analysts' price targets for Carpenter Technology

Are investors shorting Carpenter Technology?

Carpenter Technology saw a increase in short interest in August. As of August 14th, there was short interest totaling 1,160,000 shares, an increase of 11.5% from the July 30th total of 1,040,000 shares. Based on an average daily trading volume, of 688,900 shares, the days-to-cover ratio is currently 1.7 days. Approximately 2.5% of the company's shares are short sold.
View Carpenter Technology's Short Interest

Who are some of Carpenter Technology's key competitors?

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), Pfizer (PFE), AT&T (T), Broadcom (AVGO), Intel (INTC), Inovio Pharmaceuticals (INO), Micron Technology (MU), Cisco Systems (CSCO), AbbVie (ABBV) and ConocoPhillips (COP).

Who are Carpenter Technology's key executives?

Carpenter Technology's management team includes the following 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

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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.69%), Bank of New York Mellon Corp (2.38%), Frontier Capital Management Co. LLC (1.87%), Charles Schwab Investment Management Inc. (1.14%), FMR LLC (1.07%) and Bank of America Corp DE (0.94%). Company insiders that own Carpenter Technology stock include Brian J Malloy, Gregory A Pratt, James D Dee, Kathleen Ligocki, Robert R Mcmaster, 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 Frontier Capital Management Co. LLC, Granite Investment Partners LLC, Goldman Sachs Group Inc., Engineers Gate Manager LP, Federated Hermes Inc., FMR LLC, Icon Advisers Inc. Co., and Cubist Systematic Strategies LLC.
View insider buying and selling activity for Carpenter Technology

Which major investors are buying Carpenter Technology stock?

CRS stock was purchased by a variety of institutional investors in the last quarter, including Bridgeway Capital Management Inc., Marshall Wace LLP, AQR Capital Management LLC, Marshall Wace North America L.P., Fisher Asset Management LLC, RMB Capital Management LLC, Raymond James & Associates, and William Blair Investment Management LLC. Company insiders that have bought Carpenter Technology stock in the last two years include Brian J Malloy, James D Dee, Kathleen Ligocki, Robert R Mcmaster, Timothy Lain, and Tony R Thene.
View insider buying and selling activity 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 $18.21.

How big of a company is Carpenter Technology?

Carpenter Technology has a market capitalization of $873.11 million and generates $2.18 billion in revenue each year. The basic materials company earns $1.50 million in net income (profit) each year or $2.21 on an earnings per share basis. Carpenter Technology employs 4,600 workers across the globe.

What is Carpenter Technology's official website?

The official website for Carpenter Technology is www.carpentertechnology.com.

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]

This page was last updated on 9/24/2020 by MarketBeat.com Staff

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