NYSE:CRS

Carpenter Technology Stock Forecast, Price & News

$43.56
-0.38 (-0.86 %)
(As of 06/15/2021 12:00 AM ET)
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Today's Range
$42.79
$44.11
50-Day Range
$37.87
$49.02
52-Week Range
$15.90
$49.20
Volume459,719 shs
Average Volume383,972 shs
Market Capitalization$2.09 billion
P/E RatioN/A
Dividend Yield1.82%
Beta2.23
30 days | 90 days | 365 days | Advanced Chart
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Carpenter Technology logo

About Carpenter Technology

Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company 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. It serves aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.49 out of 5 stars

Basic Materials Sector

182nd out of 894 stocks

Blast Furnaces & Steel Mills Industry

8th out of 24 stocks

Analyst Opinion: 1.0Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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Carpenter Technology (NYSE:CRS) Frequently Asked Questions

Is Carpenter Technology a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Carpenter Technology in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Carpenter Technology stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CRS, but not buy additional shares or sell existing shares.
View analyst ratings for Carpenter Technology
or view top-rated stocks.

What stocks does MarketBeat like better than Carpenter Technology?

Wall Street analysts have given Carpenter Technology a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Carpenter Technology wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Carpenter Technology's next earnings date?

Carpenter Technology is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Carpenter Technology
.

How were Carpenter Technology's earnings last quarter?

Carpenter Technology Co. (NYSE:CRS) issued its quarterly earnings data on Thursday, April, 29th. The basic materials company reported ($0.54) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.57) by $0.03. The basic materials company had revenue of $351.90 million for the quarter, compared to the consensus estimate of $368.53 million. Carpenter Technology had a negative net margin of 19.51% and a negative trailing twelve-month return on equity of 7.06%. The company's revenue was down 39.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.82 EPS.
View Carpenter Technology's earnings history
.

How has Carpenter Technology's stock 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 stock has increased by 59.7% and is now trading at $43.56.
View which stocks have been most impacted by COVID-19
.

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

Carpenter Technology declared a quarterly dividend on Friday, April 23rd. Shareholders of record on Tuesday, May 4th will be paid a dividend of $0.20 per share on Thursday, June 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date is Monday, May 3rd. This is a boost from Carpenter Technology's previous quarterly dividend of $0.18.
View Carpenter Technology's dividend history
.

Is Carpenter Technology a good dividend stock?

Carpenter Technology pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.82%. Carpenter Technology does not yet have a strong track record of dividend growth. The dividend payout ratio of Carpenter Technology is 36.20%. This payout ratio is at a healthy, sustainable level, below 75%.
View Carpenter Technology's dividend history.

What price target have analysts set for CRS?

1 Wall Street analysts have issued 1 year price objectives for Carpenter Technology's shares. Their forecasts range from $30.00 to $30.00. On average, they expect Carpenter Technology's stock price to reach $30.00 in the next twelve months. This suggests that the stock has a possible downside of 31.1%.
View analysts' price targets for Carpenter Technology
or view top-rated stocks among Wall Street analysts.

Who are Carpenter Technology's key executives?

Carpenter Technology's management team includes the following people:
  • Mr. Tony R. Thene, Pres, CEO & Director (Age 61, Pay $1.23M)
  • Mr. Timothy Lain, Sr. VP & CFO (Age 49, Pay $525.13k)
  • Mr. James D. Dee, Sr. VP, Gen. Counsel, Sec., Chief Governance Officer & Chief Compliance Officer (Age 63, Pay $532.63k)
  • Mr. Brian J. Malloy, Chief Commercial Officer & Sr. VP
  • Mr. Joseph E. Haniford, Sr. VP of Operations (Age 62)
  • Ms. Elizabeth A. Socci, VP, Controller & Chief Accounting Officer
  • Mr. David Graf, VP & CTO
  • Mr. James A. Johnson II, Chief Information Officer & VP
  • Ms. Rachelle H. Thompson, VP & Chief HR Officer
  • Mr. Thomas F. Cramsey, VP of Fin. - Global Operations & SAO Group CFO (Age 60)

What is Tony Thene's approval rating as Carpenter Technology's CEO?

87 employees have rated Carpenter Technology CEO Tony Thene on Glassdoor.com. Tony Thene has an approval rating of 35% among Carpenter Technology's employees. This puts Tony Thene in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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

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 BlackRock Inc. (16.19%), Alliancebernstein L.P. (7.11%), Dimensional Fund Advisors LP (6.86%), Price T Rowe Associates Inc. MD (5.87%), Thrivent Financial for Lutherans (2.50%) and Bank of New York Mellon Corp (2.06%). 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 institutional investors are selling Carpenter Technology stock?

CRS stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Millennium Management LLC, Northern Trust Corp, Deprince Race & Zollo Inc., D. E. Shaw & Co. Inc., William Blair Investment Management LLC, Victory Capital Management Inc., and Goldman Sachs Group Inc..
View insider buying and selling activity for Carpenter Technology
or view top insider-selling stocks.

Which institutional investors are buying Carpenter Technology stock?

CRS stock was acquired by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Alliancebernstein L.P., Royce & Associates LP, Peregrine Capital Management LLC, BlackRock Inc., Great Lakes Advisors LLC, Mirae Asset Global Investments Co. Ltd., and Brandywine Global 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
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Carpenter Technology's stock price today?

One share of CRS stock can currently be purchased for approximately $43.56.

How much money does Carpenter Technology make?

Carpenter Technology has a market capitalization of $2.09 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.

How many employees does Carpenter Technology have?

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.

Where are Carpenter Technology's headquarters?

Carpenter Technology is headquartered at 1735 MARKET STREET 15TH FL, PHILADELPHIA PA, 19103.

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 6/16/2021 by MarketBeat.com Staff
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