Carpenter Technology Corporation (CRS)

NYSE: CRS · IEX Real-Time Price · USD
71.11
+0.92 (1.31%)
Mar 28, 2024, 2:15 PM EDT - Market open
1.31%
Market Cap 3.47B
Revenue (ttm) 2.72B
Net Income (ttm) 143.60M
Shares Out 49.41M
EPS (ttm) 2.89
PE Ratio 24.65
Forward PE 15.90
Dividend $0.80 (1.13%)
Ex-Dividend Date Jan 29, 2024
Volume 224,724
Open 70.39
Previous Close 70.19
Day's Range 69.90 - 71.65
52-Week Range 40.57 - 74.06
Beta 1.55
Analysts Strong Buy
Price Target 81.67 (+14.9%)
Earnings Date Apr 25, 2024

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 4,500
Stock Exchange NYSE
Ticker Symbol CRS
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for CRS stock is "Strong Buy." The 12-month stock price forecast is $81.67, which is an increase of 14.90% from the latest price.

Price Target
$81.67
(14.90% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

2 months ago - GlobeNewsWire

Carpenter Technology Declares Quarterly Cash Dividend

PHILADELPHIA, Jan. 18, 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...

2 months ago - GlobeNewsWire

Carpenter Technology Announces Conference Call and Webcast

PHILADELPHIA, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) plans to host a conference call and webcast on Thursday, January 25, 2024 at 10:00 a.m. ET to discuss the r...

3 months ago - GlobeNewsWire

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...

5 months 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...

6 months ago - GlobeNewsWire

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...

8 months 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...

10 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

Carpenter Technology Reports Third Quarter Fiscal Year 2023 Results

Third Quarter Highlights Reported earnings per share of $0.38 improved from loss per share of $0.16 in prior year period Net sales excluding surcharge up 17% sequentially and up 33% year-over-year Bac...

1 year ago - GlobeNewsWire

Carpenter Technology Extends and Amends Credit Facility

PHILADELPHIA, April 17, 2023 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced the successful completion of a $350 million syndicated credit facility (th...

1 year ago - GlobeNewsWire

Carpenter Technology Reports Second Quarter Fiscal Year 2023 Results

Second Quarter Highlights

1 year ago - GlobeNewsWire

Carpenter Technology Reports First Quarter Fiscal Year 2023 Results

First Quarter Highlights

1 year ago - GlobeNewsWire

Carpenter Technology Reports Fourth Quarter and Fiscal Year 2022 Results

Reported earnings per share of $0.05, with adjusted earnings per share of $0.00

1 year ago - GlobeNewsWire

Carpenter Technology Reports Third Quarter Fiscal Year 2022 Results

PHILADELPHIA, April 28, 2022 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced financial results for the fiscal third quarter ended March 31, 2022. For t...

2 years ago - GlobeNewsWire

Kathy Hopinkah Hannan Joins Carpenter Technology's Board of Directors

PHILADELPHIA, April 14, 2022 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced today that Kathy Hopinkah Hannan has been appointed to the Company's Board of Directors, effecti...

2 years ago - GlobeNewsWire

Carpenter Technology Corporation Announces Pricing of 7.625% Senior Notes Due 2030

PHILADELPHIA, March 11, 2022 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) announced today that it priced an offering of $300.0 million aggregate principal amount of...

2 years ago - GlobeNewsWire

Carpenter Technology Corporation Announces Public Offering of Senior Notes

PHILADELPHIA, March 09, 2022 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) announced today that it has commenced an underwritten public offering of senior notes (the...

2 years ago - GlobeNewsWire

Carpenter Technology Announces Completion of Repairs on Press at Reading, PA Facility

PHILADELPHIA, March 03, 2022 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced its 4500 ton press at its Reading, PA facility is back in service. The Com...

2 years ago - GlobeNewsWire

Carpenter Technology Announces Leadership Updates

PHILADELPHIA, Feb. 21, 2022 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS), a leading producer and distributor of high-performance specialty alloy-based materials and process solutio...

2 years ago - GlobeNewsWire

JPMorgan Sees Sharp Upside In Carpenter Technology

JPMorgan analyst Michael Glick upgraded Carpenter Technology Corp (NYSE: CRS) to Overweight from Neutral and raised the price target to $53 (an upside of 59.5%) from $52. Glick mentions that with grow...

2 years ago - Benzinga

Carpenter Technology Reports Second Quarter Fiscal Year 2022 Results

PHILADELPHIA, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced financial results for the fiscal second quarter ended December 31, 2021. Fo...

2 years ago - GlobeNewsWire

Carpenter Technology to Participate at the Cowen Aerospace/Defense & Industrials Conference

PHILADELPHIA, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced today that Tony Thene, President and Chief Executive Officer, will participate at the Cowen Aeros...

2 years ago - GlobeNewsWire

Carpenter Technology Announces Press Outage at Reading Facility and Provides Updated Second Quarter Fiscal Year 2022 Outlook

PHILADELPHIA, Dec. 20, 2021 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced an unplanned outage of its 4500 ton press at its Reading, PA facility due t...

2 years ago - GlobeNewsWire

Carpenter Technology Names Suniti Moudgil to the Position of Chief Technology Officer

PHILADELPHIA, Dec. 06, 2021 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) today announced that Dr. Suniti Moudgil has joined the Company in the role of Chief Technology Officer, eff...

2 years ago - GlobeNewsWire

Carpenter Technology Names Shakthimani Logasundaram to Newly Created Position of Chief Digital Officer

PHILADELPHIA, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) today announced that Shakthimani “Shakthi” Logasundaram has joined the Company in the role of Chief Digital...

2 years ago - GlobeNewsWire