CRS vs. STLD, RS, X, CLF, ATI, CMC, WOR, HAYN, ZEUS, and RDUS
Should you be buying Carpenter Technology stock or one of its competitors? The main competitors of Carpenter Technology include Steel Dynamics (STLD), Reliance (RS), United States Steel (X), Cleveland-Cliffs (CLF), ATI (ATI), Commercial Metals (CMC), Worthington Enterprises (WOR), Haynes International (HAYN), Olympic Steel (ZEUS), and Radius Recycling (RDUS). These companies are all part of the "steel" industry.
Carpenter Technology (NYSE:CRS) and Steel Dynamics (NASDAQ:STLD) are both basic materials companies, but which is the superior business? We will contrast the two businesses based on the strength of their earnings, media sentiment, valuation, dividends, profitability, community ranking, analyst recommendations, institutional ownership and risk.
Steel Dynamics has a net margin of 12.89% compared to Carpenter Technology's net margin of 4.83%. Steel Dynamics' return on equity of 27.62% beat Carpenter Technology's return on equity.
Steel Dynamics received 524 more outperform votes than Carpenter Technology when rated by MarketBeat users. Likewise, 68.30% of users gave Steel Dynamics an outperform vote while only 64.32% of users gave Carpenter Technology an outperform vote.
Carpenter Technology currently has a consensus price target of $109.67, indicating a potential downside of 1.09%. Steel Dynamics has a consensus price target of $125.29, indicating a potential downside of 6.41%. Given Carpenter Technology's stronger consensus rating and higher probable upside, equities analysts clearly believe Carpenter Technology is more favorable than Steel Dynamics.
Carpenter Technology pays an annual dividend of $0.80 per share and has a dividend yield of 0.7%. Steel Dynamics pays an annual dividend of $1.84 per share and has a dividend yield of 1.4%. Carpenter Technology pays out 30.4% of its earnings in the form of a dividend. Steel Dynamics pays out 12.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Steel Dynamics is clearly the better dividend stock, given its higher yield and lower payout ratio.
Steel Dynamics has higher revenue and earnings than Carpenter Technology. Steel Dynamics is trading at a lower price-to-earnings ratio than Carpenter Technology, indicating that it is currently the more affordable of the two stocks.
In the previous week, Carpenter Technology had 6 more articles in the media than Steel Dynamics. MarketBeat recorded 11 mentions for Carpenter Technology and 5 mentions for Steel Dynamics. Steel Dynamics' average media sentiment score of 1.32 beat Carpenter Technology's score of 0.50 indicating that Steel Dynamics is being referred to more favorably in the news media.
Carpenter Technology has a beta of 1.47, indicating that its stock price is 47% more volatile than the S&P 500. Comparatively, Steel Dynamics has a beta of 1.47, indicating that its stock price is 47% more volatile than the S&P 500.
92.0% of Carpenter Technology shares are held by institutional investors. Comparatively, 82.4% of Steel Dynamics shares are held by institutional investors. 3.4% of Carpenter Technology shares are held by insiders. Comparatively, 6.0% of Steel Dynamics shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Summary
Steel Dynamics beats Carpenter Technology on 12 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CRS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Carpenter Technology Competitors List
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