NYSE:CRS - Carpenter Technology Stock Price, News & Analysis

$47.59
+0.43 (+0.91 %)
(As of 08/21/2019 02:02 PM ET)
Today's Range
$47.11
Now: $47.59
$47.75
50-Day Range
$44.08
MA: $46.54
$49.41
52-Week Range
$32.77
Now: $47.59
$60.78
Volume2,848 shs
Average Volume277,645 shs
Market Capitalization$2.26 billion
P/E Ratio13.71
Dividend Yield1.73%
Beta2.42
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. Read More…

Industry, Sector and Symbol

Industry Blast furnaces & steel mills
Sub-IndustrySteel
SectorBasic Materials
CUSIP14428510
Phone610-208-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.38 billion
Cash Flow$6.3033 per share
Book Value$32.08 per share

Profitability

Net Income$167 million

Miscellaneous

Employees4,800
Market Cap$2.26 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Wednesday, August 14th. Investors of record on Tuesday, August 27th will be paid a dividend of $0.20 per share on Thursday, September 5th. This represents a $0.80 annualized dividend and a yield of 1.68%. 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) issued its quarterly earnings data on Thursday, August, 1st. The basic materials company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.94 by $0.06. The basic materials company earned $641.40 million during 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%. Carpenter Technology's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.87 EPS. View Carpenter Technology's Earnings History.

When is Carpenter Technology's next earnings date?

Carpenter Technology is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Carpenter Technology.

What price target have analysts set for CRS?

3 brokerages have issued 1-year price objectives for Carpenter Technology's stock. Their predictions range from $50.00 to $59.00. On average, they expect Carpenter Technology's stock price to reach $54.00 in the next year. This suggests a possible upside of 13.5% 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?

News stories about CRS stock have trended positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Carpenter Technology earned a news impact score of 2.5 on InfoTrie's scale. They also assigned news stories about the basic materials company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the near term. View News Stories for Carpenter Technology.

Are investors shorting Carpenter Technology?

Carpenter Technology saw a decrease in short interest in July. As of July 31st, there was short interest totalling 1,442,100 shares, a decrease of 10.8% from the June 30th total of 1,615,800 shares. Based on an average daily volume of 249,000 shares, the short-interest ratio is currently 5.8 days. Currently, 3.1% 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?

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), Inovio Pharmaceuticals (INO), Micron Technology (MU), ConocoPhillips (COP), General Electric (GE), Biogen (BIIB), Ford Motor (F), NantHealth (NH), Adobe (ADBE) and Amgen (AMGN).

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 a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.71%), Vanguard Group Inc. (9.67%), Price T Rowe Associates Inc. MD (3.19%), Northern Trust Corp (2.57%), Invesco Ltd. (2.37%) and Bank of New York Mellon Corp (2.35%). Company insiders that own Carpenter Technology stock include Damon J Audia, I Martin Inglis, James D Dee, Jeffrey Wadsworth, Joseph E Haniford, 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 Russell Investments Group Ltd., WINTON GROUP Ltd, Rice Hall James & Associates LLC, Canada Pension Plan Investment Board, Man Group plc, Balyasny Asset Management LLC, William Blair Investment Management LLC and BlackRock Inc.. 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, Scottrade, Fidelity and Charles Schwab.

What is Carpenter Technology's stock price today?

One share of CRS stock can currently be purchased for approximately $47.59.

How big of a company is Carpenter Technology?

Carpenter Technology has a market capitalization of $2.26 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 4,800 workers across the globe.View Additional Information About Carpenter Technology.

What is Carpenter Technology's official website?

The official website for Carpenter Technology is http://www.cartech.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]


MarketBeat Community Rating for Carpenter Technology (NYSE CRS)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  258 (Vote Outperform)
Underperform Votes:  233 (Vote Underperform)
Total Votes:  491
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.
This page was last updated on 8/21/2019 by MarketBeat.com Staff

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