NYSE:CRSCarpenter Technology Stock Price, Forecast & News Adding Choose a 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. Log In and Add $22.97 -0.33 (-1.42 %) (As of 08/7/2020 11:39 AM ET) Add Compare Share Today's Range$22.54Now: $22.97▼$23.0650-Day Range$21.42MA: $23.29▼$25.8752-Week Range$13.60Now: $22.97▼$56.33Volume2,885 shsAverage Volume1.10 million shsMarket Capitalization$1.10 billionP/E RatioN/ADividend Yield3.43%Beta2.12 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.1 Analyst's Opinion Consensus RatingCarpenter Technology has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $28.50, Carpenter Technology has a potential upside of 24.9% from its current price of $22.82.Amount of Analyst CoverageCarpenter Technology has received no research coverage in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesCarpenter Technology has received 298 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCarpenter Technology has received 292 “underperform” votes. (Add your “underperform” vote.)Community SentimentCarpenter Technology has received 50.51% “outperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend YieldCarpenter Technology pays a meaningful dividend of 3.43%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCarpenter Technology has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Carpenter Technology is 36.20%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Carpenter Technology will have a dividend payout ratio of 47.06% next year. This indicates that Carpenter Technology will be able to sustain or increase its dividend. Previous Next 1.0 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 3.90% of the stock of Carpenter Technology is held by insiders.Percentage Held by Institutions88.24% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Carpenter Technology are expected to grow by 507.14% in the coming year, from $0.28 to $1.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Carpenter Technology is -2,282,000.00, 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 -2,282,000.00, 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 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.1Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.13 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Blast furnaces & steel mills Sub-IndustrySteel SectorBasic Materials Current SymbolNYSE:CRS Previous Symbol CUSIP14428510 CIK17843 Webwww.cartech.com Phone610-208-2000Debt Debt-to-Equity Ratio0.38 Current Ratio2.80 Quick Ratio1.20Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio82.04 P/E GrowthN/A Sales & Book Value Annual Sales$2.18 billion Price / Sales0.50 Cash Flow$5.47 per share Price / Cash Flow4.20 Book Value$30.24 per share Price / Book0.76Profitability EPS (Most Recent Fiscal Year)$2.21 Net Income$1.50 million Net Margins0.07% Return on Equity6.84% Return on Assets3.19%Miscellaneous Employees5,100 Outstanding Shares47,810,000Market Cap$1.10 billion Next Earnings Date10/22/2020 (Estimated) OptionableOptionable $22.97 -0.33 (-1.42 %) (As of 08/7/2020 11:39 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CRS News and Ratings via Email Sign-up to receive the latest news and ratings for CRS and its competitors with MarketBeat's FREE daily newsletter. Carpenter Technology (NYSE:CRS) Frequently Asked Questions How has Carpenter Technology's stock been impacted by COVID-19 (Coronavirus)? Carpenter Technology's stock was trading at $27.28 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CRS shares have decreased by 15.8% and is now trading at $22.97. View which stocks have been most impacted by Coronavirus. 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 3 hold ratings and 1 buy rating 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) announced its earnings results on Thursday, July, 30th. The basic materials company reported ($0.31) EPS for the quarter, beating analysts' consensus estimates of ($0.35) by $0.04. The basic materials company earned $437.30 million during the quarter, compared to analyst estimates of $453.23 million. Carpenter Technology had a net margin of 0.07% and a return on equity of 6.84%. The company's revenue for the quarter was down 31.8% compared to the same quarter last year. During the same period in the prior year, the company posted $1.00 EPS. View Carpenter Technology's earnings history. How often does Carpenter Technology pay dividends? What is the dividend yield for Carpenter Technology? Carpenter Technology announced a quarterly dividend on Thursday, April 23rd. Stockholders of record on Tuesday, May 5th will be given a dividend of $0.20 per share on Thursday, June 4th. This represents a $0.80 annualized dividend and a dividend yield of 3.48%. The ex-dividend date is Monday, May 4th. View Carpenter Technology's dividend history. What price target have analysts set for CRS? 4 brokerages have issued twelve-month target prices for Carpenter Technology's stock. Their forecasts range from $27.00 to $30.00. On average, they expect Carpenter Technology's stock price to reach $28.50 in the next twelve months. This suggests a possible upside of 24.1% from the stock's current price. View analysts' price targets for Carpenter Technology. Has Carpenter Technology been receiving favorable news coverage? Media stories about CRS stock have been trending positive recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Carpenter Technology earned a media sentiment score of 2.1 on InfoTrie's scale. They also assigned press coverage about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Carpenter Technology. Are investors shorting Carpenter Technology? Carpenter Technology saw a drop in short interest in July. As of July 31st, there was short interest totaling 1,150,000 shares, a drop of 9.4% from the July 15th total of 1,270,000 shares. Based on an average trading volume of 498,200 shares, the short-interest ratio is currently 2.3 days. Currently, 2.5% of the shares of the stock are sold short. 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 Nucor (NUE), Reliance Steel & Aluminum (RS), Steel Dynamics (STLD), Commercial Metals (CMC), Worthington Industries (WOR), Cleveland-Cliffs (CLF), United States Steel (X), Allegheny Technologies (ATI), Schnitzer Steel Industries (SCHN), Haynes International (HAYN), Olympic Steel (ZEUS) and Universal Stainless & Alloy Products (USAP). View all 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), ConocoPhillips (COP), Inovio Pharmaceuticals (INO), Ford Motor (F), General Electric (GE), Micron Technology (MU), AbbVie (ABBV), Allegheny Technologies (ATI), General Motors (GM) and AT&T (T). 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 many different institutional and retail investors. Top institutional shareholders include Frontier Capital Management Co. LLC (1.87%), Tributary Capital Management LLC (0.79%), RMB Capital Management LLC (0.45%), Raymond James & Associates (0.44%), Russell Investments Group Ltd. (0.41%) and Principal Financial Group Inc. (0.34%). 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, Icon Advisers Inc. Co., WASHINGTON TRUST Co, PNC Financial Services Group Inc., New York State Common Retirement Fund, Texas Permanent School Fund, and Chartwell Investment Partners LLC. Company insiders that have sold Carpenter Technology company stock in the last year include Gregory A Pratt, and Steven E Karol. View insider buying and selling activity 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 RMB Capital Management LLC, Raymond James & Associates, Russell Investments Group Ltd., Randolph Co Inc, AE Wealth Management LLC, Tributary Capital Management LLC, Denali Advisors LLC, and SG Americas Securities 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 $22.97. How big of a company is Carpenter Technology? Carpenter Technology has a market capitalization of $1.10 billion 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 5,100 workers across the globe. What is Carpenter Technology's official website? The official website for Carpenter Technology is 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 bra[email protected] This page was last updated on 8/7/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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 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. 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