NYSE:CRS Carpenter Technology (CRS) Stock Price, News & Analysis $132.16 -3.71 (-2.73%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$129.57▼$136.2750-Day Range$104.77▼$146.6352-Week Range$58.87▼$148.94Volume440,356 shsAverage Volume593,055 shsMarket Capitalization$6.56 billionP/E Ratio50.25Dividend Yield0.61%Price Target$139.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Carpenter Technology alerts: Email Address Carpenter Technology MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside5.6% Upside$139.60 Price TargetShort InterestHealthy3.43% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-4.97Upright™ Environmental ScoreNews Sentiment1.20Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth20.79%From $6.06 to $7.32 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.38 out of 5 starsBasic Materials Sector39th out of 180 stocksBlast Furnaces & Steel Mills Industry5th out of 12 stocks 2.3 Analyst's Opinion Consensus RatingCarpenter Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 4 buy ratings, no hold ratings, and 1 sell rating.Amount of Analyst CoverageCarpenter Technology has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Carpenter Technology's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.43% of the float of Carpenter Technology has been sold short.Short Interest Ratio / Days to CoverCarpenter Technology has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Carpenter Technology has recently increased by 26.56%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldCarpenter Technology has a dividend yield of 0.56%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthCarpenter Technology does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Carpenter Technology is 30.42%. 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 10.93% next year. This indicates that Carpenter Technology will be able to sustain or increase its dividend.Read more about Carpenter Technology's dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCarpenter Technology has received a -105.43% net impact score from Upright. The largest negative impact of Carpenter Technology in category "GHG emissions" seems to be driven mostly by its "Stainless steel", "Metallic iron", and "Copper alloys" products. See details.Environmental SustainabilityThe Environmental Impact score for Carpenter Technology is -4.97. Previous Next 2.9 News and Social Media Coverage News SentimentCarpenter Technology has a news sentiment score of 1.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Carpenter Technology this week, compared to 5 articles on an average week.Search InterestOnly 5 people have searched for CRS on MarketBeat in the last 30 days. This is a decrease of -69% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Carpenter Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% compared to the previous 30 days. Previous Next 1.7 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 3.40% of the stock of Carpenter Technology is held by insiders.Percentage Held by Institutions92.03% of the stock of Carpenter Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Carpenter Technology's insider trading history. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Carpenter Technology are expected to grow by 20.79% in the coming year, from $6.06 to $7.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Carpenter Technology is 50.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Carpenter Technology is 50.25, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 118.10.Price to Earnings Growth RatioCarpenter Technology has a PEG Ratio of 0.82. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioCarpenter Technology has a P/B Ratio of 4.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Carpenter Technology's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Sasco Gold LLCSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... [RUSH MY FREE GUIDE] About Carpenter Technology Stock (NYSE:CRS)Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. 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 additives, and metal powders and parts. It serves to aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.Read More CRS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CRS Stock News HeadlinesAugust 28, 2024 | americanbankingnews.comCarpenter Technology Co. (NYSE:CRS) to Issue $0.20 Quarterly DividendAugust 27, 2024 | benzinga.comHow Is The Market Feeling About Carpenter Tech?September 7, 2024 | Porter & Company (Ad)The death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.August 20, 2024 | benzinga.comHere's How Much You Would Have Made Owning Carpenter Tech Stock In The Last 5 YearsAugust 16, 2024 | msn.comCarpenter Technology Declares $0.20 Quarterly DividendAugust 14, 2024 | globenewswire.comCarpenter Technology Declares Quarterly Cash DividendAugust 12, 2024 | finance.yahoo.comIs Carpenter Technology Corporation's (NYSE:CRS) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?August 6, 2024 | benzinga.comAt Carpenter Tech, TIMOTHY LAIN Chooses To Exercise Options, Resulting In $187KSeptember 7, 2024 | Porter & Company (Ad)The death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.August 6, 2024 | benzinga.comMajor Decision: Tony Thene Exercises Options, Realizing $874K At Carpenter TechAugust 6, 2024 | seekingalpha.comCarpenter Technology: Stellar Prospects, But May Not Be Advisable To Chase NowJuly 27, 2024 | marketwatch.comCarpenter Tech Shares Surge on 4Q Earnings Beat, Buyback PlanJuly 27, 2024 | benzinga.comDeep Dive Into Carpenter Tech Stock: Analyst Perspectives (7 Ratings)July 27, 2024 | msn.comCarpenter Technology Corporation (NYSE:CRS) Q4 2024 Earnings Call TranscriptJuly 27, 2024 | msn.comCarpenter Technology Reports Record-Breaking Fiscal Year and Strong Future OutlookJuly 25, 2024 | uk.finance.yahoo.comCRS Aug 2024 77.500 callJuly 25, 2024 | msn.comCarpenter Zooms on Q4 FiguresJuly 25, 2024 | msn.comCarpenter Technology Non-GAAP EPS of $1.82 beats by $0.31, revenue of $798.7M beats by $34.94MSee More Headlines Receive CRS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Carpenter Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/25/2024Ex-Dividend for 9/5 Dividend8/27/2024Dividend Payable9/05/2024Today9/07/2024Next Earnings (Estimated)10/24/2024Fiscal Year End6/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Blast furnaces & steel mills Sub-IndustrySteel Current SymbolNYSE:CRS CUSIP14428510 CIK17843 Webwww.carpentertechnology.com Phone(610) 208-2000Fax610-208-3716Employees4,600Year FoundedN/APrice Target and Rating Average Stock Price Target$139.60 High Stock Price Target$175.00 Low Stock Price Target$89.00 Potential Upside/Downside+5.6%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.63 Trailing P/E Ratio50.25 Forward P/E Ratio21.81 P/E Growth0.82Net Income$186.50 million Net Margins6.76% Pretax Margin7.67% Return on Equity15.81% Return on Assets7.51% Debt Debt-to-Equity Ratio0.43 Current Ratio3.41 Quick Ratio1.84 Sales & Book Value Annual Sales$2.76 billion Price / Sales2.38 Cash Flow$7.12 per share Price / Cash Flow18.55 Book Value$32.61 per share Price / Book4.05Miscellaneous Outstanding Shares49,608,000Free Float47,921,000Market Cap$6.56 billion OptionableOptionable Beta1.43 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for September 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Tony R. Thene (Age 64)President, CEO & Director Comp: $2.65MMr. Timothy Lain (Age 52)Senior VP & CFO Comp: $1.1MMr. Brian J. Malloy (Age 57)Senior VP & COO Comp: $1.02MMr. James D. Dee (Age 66)Senior VP, General Counsel, Secretary, Chief Governance Officer & Chief Compliance Officer Comp: $876.76kMs. Elizabeth A. SocciVP, Controller & Chief Accounting OfficerDr. Suniti MoudgilChief Technology OfficerMr. John HuyetteVP of Corporate Development & Investor RelationsMs. Rachelle H. ThompsonVP & Chief Human Resources OfficerMr. Joseph E. Haniford (Age 65)Senior Vice President of Continuous Improvement Comp: $806.26kMr. Shakthimani LogasundaramChief Digital OfficerMore ExecutivesKey CompetitorsSteel DynamicsNASDAQ:STLDRelianceNYSE:RSUnited States SteelNYSE:XATINYSE:ATICommercial MetalsNYSE:CMCView All CompetitorsInsiders & InstitutionsCetera Investment AdvisersBought 506 shares on 8/22/2024Ownership: 0.022%Truist Financial CorpSold 1,716 shares on 8/21/2024Ownership: 0.009%Point72 Asset Management L.P.Bought 35,480 shares on 8/19/2024Ownership: 0.072%Kimelman & Baird LLCBought 300 shares on 8/19/2024Ownership: 0.001%Creative PlanningBought 3,170 shares on 8/16/2024Ownership: 0.015%View All Insider TransactionsView All Institutional Transactions CRS Stock Analysis - Frequently Asked Questions How have CRS shares performed this year? Carpenter Technology's stock was trading at $70.80 at the beginning of the year. Since then, CRS stock has increased by 86.7% and is now trading at $132.16. View the best growth stocks for 2024 here. How were Carpenter Technology's earnings last quarter? Carpenter Technology Co. (NYSE:CRS) announced its earnings results on Thursday, July, 25th. The basic materials company reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.51 by $0.31. The business's revenue for the quarter was up 5.4% on a year-over-year basis. What is Tony Thene's approval rating as Carpenter Technology's CEO? 87 employees have rated Carpenter Technology Chief Executive Officer Tony Thene on Glassdoor.com. Tony Thene has an approval rating of 35% among the company's employees. This puts Tony Thene in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. Who are Carpenter Technology's major shareholders? Carpenter Technology's top institutional shareholders include Dimensional Fund Advisors LP (6.11%), American Century Companies Inc. (1.71%), Wolf Hill Capital Management LP (1.36%) and Bank of New York Mellon Corp (1.30%). Insiders that own company stock include Steven E Karol, James D Dee, Brian J Malloy, Marshall D Akins, Elizabeth A Socci and Charles Douglas Mclane Jr. View institutional ownership trends. How do I buy shares of Carpenter Technology? Shares of CRS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Carpenter Technology own? Based on aggregate information from My MarketBeat watchlists, some other companies that Carpenter Technology investors own include WPX Energy (WPX), Broadcom (AVGO), AT&T (T), Intel (INTC), Pfizer (PFE), Inovio Pharmaceuticals (INO) and Micron Technology (MU). 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