CRS vs. CMC, X, STLD, TX, MT, CBT, VVV, ESI, NEU, and ALTM
Should you be buying Carpenter Technology stock or one of its competitors? The main competitors of Carpenter Technology include Commercial Metals (CMC), United States Steel (X), Steel Dynamics (STLD), Ternium (TX), ArcelorMittal (MT), Cabot (CBT), Valvoline (VVV), Element Solutions (ESI), NewMarket (NEU), and Arcadium Lithium (ALTM). These companies are all part of the "basic materials" sector.
Carpenter Technology (NYSE:CRS) and Commercial Metals (NYSE:CMC) are both mid-cap basic materials companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, valuation, media sentiment, risk, earnings, analyst recommendations, dividends, community ranking and institutional ownership.
92.0% of Carpenter Technology shares are owned by institutional investors. Comparatively, 86.9% of Commercial Metals shares are owned by institutional investors. 3.4% of Carpenter Technology shares are owned by company insiders. Comparatively, 1.0% of Commercial Metals shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Carpenter Technology currently has a consensus price target of $109.67, indicating a potential downside of 1.81%. Commercial Metals has a consensus price target of $57.67, indicating a potential upside of 5.97%. Given Commercial Metals' higher possible upside, analysts clearly believe Commercial Metals is more favorable than Carpenter Technology.
Commercial Metals has a net margin of 8.09% compared to Carpenter Technology's net margin of 4.83%. Commercial Metals' return on equity of 17.72% beat Carpenter Technology's return on equity.
Carpenter Technology has a beta of 1.47, suggesting that its share price is 47% more volatile than the S&P 500. Comparatively, Commercial Metals has a beta of 1.35, suggesting that its share price is 35% more volatile than the S&P 500.
Carpenter Technology pays an annual dividend of $0.80 per share and has a dividend yield of 0.7%. Commercial Metals pays an annual dividend of $0.72 per share and has a dividend yield of 1.3%. Carpenter Technology pays out 30.4% of its earnings in the form of a dividend. Commercial Metals pays out 12.5% 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. Commercial Metals is clearly the better dividend stock, given its higher yield and lower payout ratio.
Commercial Metals received 22 more outperform votes than Carpenter Technology when rated by MarketBeat users. However, 64.32% of users gave Carpenter Technology an outperform vote while only 54.25% of users gave Commercial Metals an outperform vote.
In the previous week, Carpenter Technology had 17 more articles in the media than Commercial Metals. MarketBeat recorded 23 mentions for Carpenter Technology and 6 mentions for Commercial Metals. Commercial Metals' average media sentiment score of 1.33 beat Carpenter Technology's score of 0.61 indicating that Commercial Metals is being referred to more favorably in the news media.
Commercial Metals has higher revenue and earnings than Carpenter Technology. Commercial Metals is trading at a lower price-to-earnings ratio than Carpenter Technology, indicating that it is currently the more affordable of the two stocks.
Summary
Commercial Metals beats Carpenter Technology on 11 of the 20 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.
Skip ChartThis 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.
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