Carpenter Technology Corporation (CRS)

NYSE: CRS · IEX Real-Time Price · USD
48.29
-0.10 (-0.21%)
At close: Jan 31, 2023, 4:00 PM
47.16
-1.13 (-2.34%)
After-hours: Jan 31, 2023, 7:56 PM EST
-0.21%
Market Cap 2.34B
Revenue (ttm) 2.15B
Net Income (ttm) -5.60M
Shares Out 48.44M
EPS (ttm) -0.11
PE Ratio n/a
Forward PE 15.67
Dividend $0.80 (1.66%)
Ex-Dividend Date Oct 24, 2022
Volume 1,284,375
Open 48.59
Previous Close 48.39
Day's Range 46.95 - 48.82
52-Week Range 24.76 - 49.99
Beta 1.71
Analysts Buy
Price Target 45.90 (-4.95%)
Earnings Date Jan 26, 2023

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 aerospace, defense, medical, transportation, energy, industrial, and co... [Read more]

Sector Industrials
Founded 1910
Employees 4,100
Stock Exchange NYSE
Ticker Symbol CRS
Full Company Profile

Financial Performance

In 2022, CRS's revenue was $1.84 billion, an increase of 24.44% compared to the previous year's $1.48 billion. Losses were -$49.10 million, -78.61% less than in 2021.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for CRS stock is "Buy." The 12-month stock price forecast is $45.9, which is a decrease of -4.95% from the latest price.

Price Target
$45.9
(-4.95% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Carpenter Technology (CRS) Earnings Beat Estimates in Q2

Carpenter Technology's (CRS) second-quarter 2023 earnings improve year over year on robust demand in its end-use markets.

4 days ago - Zacks Investment Research

Carpenter Technology (CRS) Q2 Earnings and Revenues Top Estimates

Carpenter (CRS) delivered earnings and revenue surprises of 8.33% and 6.26%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

5 days ago - Zacks Investment Research

Carpenter Technology Reports Second Quarter Fiscal Year 2023 Results

Second Quarter Highlights

5 days ago - GlobeNewsWire

Carpenter Technology Declares Quarterly Cash Dividend

PHILADELPHIA , Jan. 19, 2023 (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 ...

1 week ago - GlobeNewsWire

Is Carpenter Technology (CRS) Outperforming Other Basic Materials Stocks This Year?

Here is how Carpenter Technology (CRS) and Acerinox (ANIOY) have performed compared to their sector so far this year.

1 week ago - Zacks Investment Research

Carpenter Technology (CRS) Reports Next Week: Wall Street Expects Earnings Growth

Carpenter (CRS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 week ago - Zacks Investment Research

Carpenter Technology Announces Conference Call and Webcast

PHILADELPHIA, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) plans to host a conference call and webcast on Thursday, January 26, 2023 at 10:00 a.m. ET to discuss the r...

3 weeks ago - GlobeNewsWire

New Strong Buy Stocks for December 29th

SPNS, CRS, DHT, DCBO and ENTX have been added to the Zacks Rank #1 (Strong Buy) List on December 29, 2022.

Other symbols: DCBODHTENTXSPNS
1 month ago - Zacks Investment Research

Best Income Stocks to Buy for December 29th

SPNS and CRS made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 29, 2022.

Other symbols: SPNS
1 month ago - Zacks Investment Research

Carpenter Technology to Increase Base Prices on Specialty Alloy Portfolio

PHILADELPHIA, Nov. 14, 2022 (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...

2 months ago - GlobeNewsWire

Carpenter Technology (CRS) Reports Q1 Loss, Misses Revenue Estimates

Carpenter (CRS) delivered earnings and revenue surprises of 0% and 6.29%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Carpenter Technology Reports First Quarter Fiscal Year 2023 Results

First Quarter Highlights

3 months ago - GlobeNewsWire

Here's Why Carpenter Technology (CRS) is a Strong Momentum Stock

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

4 months ago - Zacks Investment Research

How Much Upside is Left in Carpenter (CRS)? Wall Street Analysts Think 26%

The average of price targets set by Wall Street analysts indicates a potential upside of 26.3% in Carpenter (CRS). While the effectiveness of this highly sought-after metric is questionable, the posit...

5 months ago - Zacks Investment Research

3 Stocks With Upgraded Broker Ratings for Robust Returns

As brokers have a deeper understanding of stocks, one must follow rating upgrades before investing. We select BJ, MCK and CRS as these have seen rating upgrades recently.

Other symbols: BJMCK
5 months ago - Zacks Investment Research

Carpenter (CRS) Moves 8.8% Higher: Will This Strength Last?

Carpenter (CRS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in...

5 months ago - Zacks Investment Research

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

6 months ago - GlobeNewsWire

Carpenter Technology (CRS) to Hike Base Prices on New Orders

Carpenter Technology's (CRS) price rise will be effective with new orders placed after July 5.

7 months ago - Zacks Investment Research

Carpenter Technology (CRS) Down 29% in a Year: What's Ailing It?

Project delays due to shortages of raw materials, supply chain challenges and logistic disruptions are impacting Carpenter Technology's (CRS) price performance.

7 months ago - Zacks Investment Research

Are Basic Materials Stocks Lagging Carpenter Technology (CRS) This Year?

Here is how Carpenter Technology (CRS) and Chemours (CC) have performed compared to their sector so far this year.

9 months ago - Zacks Investment Research

Carpenter Technology (CRS) Reports Q3 Loss, Tops Revenue Estimates

Carpenter (CRS) delivered earnings and revenue surprises of 25.93% and 19.08%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

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...

9 months ago - GlobeNewsWire

Carpenter Technology (CRS) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

Carpenter (CRS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

10 months ago - Zacks Investment Research

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...

10 months 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...

11 months ago - GlobeNewsWire