Carpenter Technology/CRS

$109.52

1.11%
-
1D1W1MYTD1YMAX

About Carpenter Technology

Carpenter Technology Corporation is engaged in the manufacturing, fabrication, and distribution of specialty metals. The Company operates in two segments: Specialty Alloys Operations (SAO) and Performance Engineered Products (PEP). The SAO segment is comprised of alloy and stainless-steel manufacturing operations. This includes operations performed at mills primarily in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama. The PEP segment is comprised of the Company’s differentiated operations. This segment includes the Dynamet titanium business, the Carpenter Additive business and the Latrobe and Mexico distribution businesses. It provides specialty alloy-based materials and process solutions for critical applications in the aerospace, defense, medical, transportation, energy, industrial and consumer markets. The Company operates its own network of service and distribution centers, located in the United States, Canada, Mexico, Europe and Asia.

Ticker

CRS

Sector

Basic Materials

Trading on

NYSE

Industry

Iron & Steel

CEO

Tony Thene

Employees

4,500

Headquarters

Philadelphia, United States

CRS Metrics

BasicAdvanced
$5.6B
Market cap
42.81
P/E ratio
$2.62
EPS
1.48
Beta
$0.80
Dividend rate
0.71%
Dividend yield
$5.6B
1.48326
$112.32
$44.40
562K
$0.80
3.205
1.449
46.18
46.18
30.38%
49.215
6.31%
4.19%
9.26%
4.98%
42.809
2.047
3.69
4.447
39.528
2.04%
0.71%
0.71%
15.43%
538.39%
5.35%
268.1%

What the Analysts think about CRS

Analyst Ratings

Majority rating from 5 analysts.
Buy

Price Targets

Average projection from 3 analysts.
3.18% upside
High $140.00
Low $83.00
$109.52
Current price
$113.00
Average price target

CRS Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
0.91% profit margin
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$685M
9.72%
Net income
$6.3M
-85.25%
Profit margin
0.91%
-86.7%

CRS Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 26.6%
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$0.78
$0.89
$0.85
$1.19
-
Expected
$0.66
$0.76
$0.85
$0.94
$1.43
Surprise
17.59%
17.11%
0%
26.6%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Carpenter Technology stock?

Carpenter Technology (CRS) has a market cap of $5.4B as of May 26, 2024.

What is the P/E ratio for Carpenter Technology stock?

The price to earnings (P/E) ratio for Carpenter Technology (CRS) stock is 41.33 as of May 26, 2024.

Does Carpenter Technology stock pay dividends?

Yes, the Carpenter Technology (CRS) stock pays dividends to shareholders. As of May 26, 2024, the dividend rate is $0.8 and the yield is 0.74%. Carpenter Technology has a payout ratio of 30.38% on a trailing twelve-month basis.

When is the next Carpenter Technology dividend payment date?

The next Carpenter Technology (CRS) dividend payment is scheduled for June 06, 2024.

What is the beta indicator for Carpenter Technology?

Carpenter Technology (CRS) has a beta rating of 1.46. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Carpenter Technology stock price target?

The target price for Carpenter Technology (CRS) stock is $113, which is 3.11% above the current price of $109.59. This is an average based on projections from 3 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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