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NYSE:CRSCarpenter Technology Stock Price, Forecast & News

$17.92
-0.98 (-5.19 %)
(As of 04/3/2020 04:00 PM ET)
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Today's Range
$17.58
Now: $17.92
$19.24
50-Day Range
$14.87
MA: $30.43
$44.05
52-Week Range
$13.60
Now: $17.92
$56.33
Volume656,309 shs
Average Volume439,701 shs
Market Capitalization$856.56 million
P/E Ratio4.86
Dividend Yield4.23%
Beta2.37
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: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.07 out of 5 stars


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$5.97 per share
Book Value$32.08 per share

Profitability

Net Income$167 million

Miscellaneous

Employees5,100
Market Cap$856.56 million
Next Earnings Date4/23/2020 (Estimated)
OptionableOptionable

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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 Coronavirus reached pandemic status according to the World Health Organization. Since then, CRS stock has decreased by 34.3% and is now trading at $17.92. View which stocks have been mosted impacted by Coronavirus.

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

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carpenter Technology in the last year. There are currently 2 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, April 23rd 2020. View our earnings forecast for Carpenter Technology.

How were Carpenter Technology's earnings last quarter?

Carpenter Technology Co. (NYSE:CRS) released its quarterly earnings data on Thursday, January, 30th. The basic materials company reported $0.83 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.87 by $0.04. The basic materials company had revenue of $573 million for the quarter, compared to the consensus estimate of $575.83 million. Carpenter Technology had a return on equity of 10.89% and a net margin of 7.47%. The business's revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.76 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 Thursday, January 23rd. Shareholders of record on Monday, February 3rd will be given a dividend of $0.20 per share on Thursday, March 5th. This represents a $0.80 dividend on an annualized basis and a yield of 4.46%. The ex-dividend date is Friday, January 31st. This is an increase from Carpenter Technology's previous quarterly dividend of $0.18. View Carpenter Technology's dividend history.

What price target have analysts set for CRS?

2 brokerages have issued twelve-month target prices for Carpenter Technology's stock. Their forecasts range from $59.00 to $59.00. On average, they anticipate Carpenter Technology's stock price to reach $59.00 in the next twelve months. This suggests a possible upside of 229.2% from the stock's current price. View analysts' price targets for Carpenter Technology.

Has Carpenter Technology been receiving favorable news coverage?

Press coverage about CRS stock has trended very negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public 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 -3.3 on InfoTrie's scale. They also gave news articles 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 company's share price in the next few days. View the latest news aboutCarpenter Technology.

Are investors shorting Carpenter Technology?

Carpenter Technology saw a increase in short interest in February. As of February 28th, there was short interest totaling 1,220,000 shares, an increase of 13.0% from the February 13th total of 1,080,000 shares. Based on an average daily volume of 311,500 shares, the days-to-cover ratio is presently 3.9 days. Approximately 2.6% 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), ConocoPhillips (COP), Ford Motor (F), Micron Technology (MU), General Electric (GE), 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."

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 $17.92.

How big of a company is Carpenter Technology?

Carpenter Technology has a market capitalization of $856.56 million 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?

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]

This page was last updated on 4/4/2020 by MarketBeat.com Staff

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