Carpenter Technology Corporation (CRS)
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]
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 StatementsAnalyst 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.
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.

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?

Carpenter Technology Reports Second Quarter Fiscal Year 2023 Results
Second Quarter Highlights

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 ...

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.

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.

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...

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.

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.

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...

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?

Carpenter Technology Reports First Quarter Fiscal Year 2023 Results
First Quarter Highlights

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

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.

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...

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

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.

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.

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.

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?

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...

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.

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...

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...