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
Employees4,800
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 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 dividend on an annualized basis and a yield of 1.70%. 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) released its earnings results on Thursday, August, 1st. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.94 by $0.06. The basic materials company had revenue of $641.40 million for the quarter, compared to analysts' expectations of $637.84 million. Carpenter Technology had a net margin of 7.02% and a return on equity of 10.33%. The business's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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 brokers have issued 1 year price objectives for Carpenter Technology's stock. Their forecasts range from $50.00 to $59.00. On average, they anticipate Carpenter Technology's share price to reach $54.00 in the next year. This suggests a possible upside of 14.6% 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 been trending positive on Thursday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Carpenter Technology earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave headlines about the basic materials company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the next few days. View News Stories for Carpenter Technology.
Are investors shorting Carpenter Technology?
Carpenter Technology saw a decline in short interest in July. As of July 31st, there was short interest totalling 1,442,100 shares, a decline of 10.8% from the June 30th total of 1,615,800 shares. Based on an average daily trading volume, of 249,000 shares, the short-interest ratio is presently 5.8 days. Approximately 3.1% of the shares of the company 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), United States Steel (X), APERAM/SH N Y REGISTRY SH (APEMY), 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 a variety of of institutional and retail investors. Top institutional shareholders 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 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, 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 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, Scottrade, Fidelity and Charles Schwab.
What is Carpenter Technology's stock price today?
One share of CRS stock can currently be purchased for approximately $47.10.
How big of a company is Carpenter Technology?
Carpenter Technology has a market capitalization of $2.23 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?
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.
