What is Zacks Research's Forecast for CRS Q3 Earnings?

Carpenter Technology Co. (NYSE:CRS - Free Report) - Zacks Research raised their Q3 2025 earnings per share (EPS) estimates for shares of Carpenter Technology in a note issued to investors on Wednesday, March 12th. Zacks Research analyst S. Deb now expects that the basic materials company will post earnings per share of $1.68 for the quarter, up from their prior forecast of $1.67. The consensus estimate for Carpenter Technology's current full-year earnings is $6.83 per share. Zacks Research also issued estimates for Carpenter Technology's Q4 2025 earnings at $1.87 EPS, FY2025 earnings at $6.94 EPS, Q1 2026 earnings at $1.89 EPS, Q2 2026 earnings at $1.81 EPS, Q3 2026 earnings at $1.90 EPS, Q4 2026 earnings at $2.20 EPS, FY2026 earnings at $7.80 EPS, Q2 2027 earnings at $2.10 EPS and FY2027 earnings at $9.16 EPS.

Carpenter Technology (NYSE:CRS - Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The basic materials company reported $1.66 EPS for the quarter, beating the consensus estimate of $1.58 by $0.08. Carpenter Technology had a return on equity of 19.88% and a net margin of 9.34%.

Several other research analysts also recently commented on the company. JPMorgan Chase & Co. increased their price objective on Carpenter Technology from $235.00 to $240.00 and gave the company an "overweight" rating in a research note on Wednesday, February 19th. BTIG Research set a $230.00 target price on Carpenter Technology in a research note on Friday, January 31st. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $167.17.

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Carpenter Technology Price Performance

NYSE CRS traded down $2.56 during mid-day trading on Friday, hitting $181.52. The stock had a trading volume of 585,037 shares, compared to its average volume of 663,673. The firm's 50 day moving average is $194.79 and its 200 day moving average is $176.13. Carpenter Technology has a twelve month low of $65.26 and a twelve month high of $213.66. The company has a debt-to-equity ratio of 0.40, a current ratio of 3.80 and a quick ratio of 1.92. The stock has a market capitalization of $9.07 billion, a price-to-earnings ratio of 34.25, a PEG ratio of 0.93 and a beta of 1.55.

Carpenter Technology Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Friday, February 28th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date was Tuesday, January 28th. Carpenter Technology's dividend payout ratio (DPR) is presently 15.09%.

Institutional Trading of Carpenter Technology

A number of hedge funds and other institutional investors have recently modified their holdings of CRS. FMR LLC grew its holdings in shares of Carpenter Technology by 47.1% during the 3rd quarter. FMR LLC now owns 3,465,295 shares of the basic materials company's stock worth $552,992,000 after purchasing an additional 1,108,963 shares during the period. SurgoCap Partners LP grew its holdings in shares of Carpenter Technology by 117.6% during the 4th quarter. SurgoCap Partners LP now owns 1,442,069 shares of the basic materials company's stock worth $244,734,000 after purchasing an additional 779,357 shares during the period. Norges Bank purchased a new position in shares of Carpenter Technology during the 4th quarter worth $100,505,000. Allspring Global Investments Holdings LLC grew its holdings in shares of Carpenter Technology by 428.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 592,034 shares of the basic materials company's stock worth $103,714,000 after purchasing an additional 479,985 shares during the period. Finally, Freestone Grove Partners LP purchased a new position in shares of Carpenter Technology during the 4th quarter worth $69,285,000. 92.03% of the stock is owned by institutional investors and hedge funds.

Carpenter Technology Company Profile

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.