Carpenter Technology Corporation (CRS)

NYSE: CRS · Real-Time Price · USD
191.00
-3.77 (-1.94%)
Dec 3, 2024, 12:14 PM EST - Market open
-1.94%
Market Cap 9.52B
Revenue (ttm) 2.83B
Net Income (ttm) 227.10M
Shares Out 49.84M
EPS (ttm) 4.49
PE Ratio 42.65
Forward PE 26.94
Dividend $0.80 (0.42%)
Ex-Dividend Date Oct 22, 2024
Volume 124,067
Open 194.48
Previous Close 194.77
Day's Range 191.00 - 195.85
52-Week Range 58.87 - 198.24
Beta 1.53
Analysts Buy
Price Target 153.00 (-19.9%)
Earnings Date Jan 23, 2025

About 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... [Read more]

Sector Industrials
Founded 1910
Employees 4,600
Stock Exchange NYSE
Ticker Symbol CRS
Full Company Profile

Financial Performance

In 2024, Carpenter Technology's revenue was $2.76 billion, an increase of 8.21% compared to the previous year's $2.55 billion. Earnings were $186.20 million, an increase of 232.50%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for CRS stock is "Buy." The 12-month stock price forecast is $153.0, which is a decrease of -19.90% from the latest price.

Price Target
$153.0
(-19.90% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Carpenter Technology Corporation (CRS) Q1 2025 Earnings Call Transcript

Carpenter Technology Corporation (NYSE:CRS) Q1 2025 Earnings Conference Call October 24, 2024 10:00 AM ET Company Participants John Huyette - VP of IR Tony Thene - President and CEO Tim Lain - SVP an...

5 weeks ago - Seeking Alpha

Carpenter Technology Reports First Quarter Fiscal Year 2025 Results

Delivered Record First Quarter Operating Income Exceeded First Quarter Operating Income Guidance for Specialty Alloys Operations Segment Expanded Operating Margins in Specialty Alloys Operations Segme...

5 weeks ago - GlobeNewsWire

Howard Yu Joins Carpenter Technology's Board of Directors

PHILADELPHIA, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced today that Howard Yu has been appointed to the Company's Board of Directors, effective October 9,...

7 weeks ago - GlobeNewsWire

Carpenter Technology Declares Quarterly Cash Dividend

PHILADELPHIA, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share of common s...

7 weeks ago - GlobeNewsWire

Carpenter Technology Announces Conference Call and Webcast

PHILADELPHIA, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) plans to host a conference call and webcast on Thursday, October 24, 2024 at 10:00 a.m. ET to discuss the r...

2 months ago - GlobeNewsWire

Carpenter Technology Stock More Than Doubled in a Year

Specialty alloy company Carpenter Technology Corporation (CRS) is attracting institutional support with its strong fundamentals, making its stock more than double in the last year.

2 months ago - FXEmpire

Carpenter Technology Corporation (CRS) Q4 2024 Earnings Call Transcript

Carpenter Technology Corporation (CRS) Q4 2024 Earnings Call Transcript

4 months ago - Seeking Alpha

Carpenter Technology Reports Fourth Quarter and Fiscal Year 2024 Results

Exceeded Fourth Quarter Operating Income Guidance Delivered Most Profitable Year in Company History Strong Fourth Quarter Adjusted Free Cash Flow Pulling Operating Income Target Forward 2 Years to Fis...

4 months ago - GlobeNewsWire

Trump Trade: Top 5 Stocks If Trump Wins The Election (SA Quant)

Donald Trump is safe following a rally shooting, but elections and major political events can cause stock markets to react. As the U.S. presidential election draws near, Wall Street has speculated how...

Other symbols: AGXLHXWESWFC
5 months ago - Seeking Alpha

Carpenter Technology Corporation (CRS) Q3 2024 Earnings Call Transcript

Carpenter Technology Corporation (NYSE:CRS) Q3 2024 Earnings Call Transcript May 1, 2024 10:00 AM ET Company Participants John Huyette - VP of IR Tony Thene - President and CEO Tim Lain - SVP and CFO...

7 months ago - Seeking Alpha

Carpenter Technology Reports Third Quarter Fiscal Year 2024 Results

Exceeded Third Quarter Operating Income Guidance Increasing Fourth Quarter Operating Income Outlook Generated Positive Free Cash Flow

7 months ago - GlobeNewsWire

Carpenter Technology: More Upside With Profitable Growth Just Getting Started

Carpenter Technology reported its Q2 earnings with EPS up sharply over the past year. The company is benefiting from strong demand for its specialty alloys and high-performance materials across most e...

10 months ago - Seeking Alpha

Carpenter's Q2: 40% CAGR Operating Growth Expected And Cheap

Carpenter Technology expects 40% CAGR operating income growth from 2023 to 2027 and notes strong demand in the short term. The company's business model focuses on specialty metals, with a diverse rang...

10 months ago - Seeking Alpha

Carpenter Technology Corporation (CRS) Q2 2024 Earnings Call Transcript

Carpenter Technology Corporation (CRS) Q2 2024 Earnings Call Transcript

11 months ago - Seeking Alpha

Carpenter Technology Reports Second Quarter Fiscal Year 2024 Results

PHILADELPHIA, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced financial results for the fiscal second quarter ended December 31, 2023. Fo...

11 months ago - GlobeNewsWire

Carpenter Technology Corporation (CRS) Q1 2024 Earnings Call Transcript

Carpenter Technology Corporation (NYSE:CRS) Q1 2024 Earnings Conference Call October 26, 2023 10:00 AM ET Company Participants John Huyette - VP of IR and Corporate Development Tony Thene - President...

1 year ago - Seeking Alpha

Carpenter Technology Reports First Quarter Fiscal Year 2024 Results

PHILADELPHIA, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced financial results for the fiscal first quarter ended September 30, 2023. Fo...

1 year ago - GlobeNewsWire

Carpenter Technology to Increase Base Prices on Specialty Alloy Portfolio

PHILADELPHIA, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced today that it will increase base prices by an average of seven percent (7%) to twelve percent (12...

1 year ago - GlobeNewsWire

Carpenter Technology: Good Near-Term As Well As Long-Term Prospects At An Attractive Valuation

Carpenter Technology Corporation is experiencing solid demand across its end markets. The company's revenue grew by 34.5% YoY in the fourth quarter of 2023, driven by double-digit sales growth across ...

1 year ago - Seeking Alpha

Carpenter Technology Corporation (CRS) Q4 2023 Earnings Call Transcript

Carpenter Technology Corporation (NYSE:CRS) Q4 2023 Earnings Conference Call July 27, 2023 10:00 AM ET Company Participants John Huyette - Vice President of Investor Relations & Corporate Development...

1 year ago - Seeking Alpha

Carpenter Technology Reports Fourth Quarter and Fiscal Year 2023 Results

PHILADELPHIA, July 27, 2023 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced financial results for the fiscal fourth quarter and year ended June 30, 202...

1 year ago - GlobeNewsWire

Colleen Pritchett Joins Carpenter Technology's Board of Directors

PHILADELPHIA, June 05, 2023 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced today that Colleen Pritchett has been appointed to the Company's Board of Directors, effective Ju...

1 year ago - GlobeNewsWire

Carpenter Technology Is A Good Buy At The Current Levels

Carpenter Technology's revenue should benefit from favorable demand and robust backlog levels in the coming quarters. Strong pricing and improving productivity should help in margin expansion in the c...

1 year ago - Seeking Alpha

Carpenter Technology Highlights Strategic Priorities and Long-Term Financial Goals at Investor Day

Accelerating growth, profitability and cash flow generation Goal to double operating income from fiscal 2019 levels by fiscal year 2027 PHILADELPHIA, May 16, 2023 (GLOBE NEWSWIRE) -- Carpenter Technol...

1 year ago - GlobeNewsWire

Carpenter Technology Corporation (CRS) Q3 2023 Earnings Call Transcript

Carpenter Technology Corporation (CRS) Q3 2023 Earnings Call Transcript.

1 year ago - Seeking Alpha