Carpenter Technology Corporation (CRS)
| Market Cap | 1.43B |
| Revenue (ttm) | 1.69B |
| Net Income (ttm) | -108.80M |
| Shares Out | 48.28M |
| EPS (ttm) | -2.25 |
| PE Ratio | n/a |
| Forward PE | 15.67 |
| Dividend | $0.80 (2.71%) |
| Ex-Dividend Date | May 2, 2022 |
| Volume | 428,897 |
| Open | 28.81 |
| Previous Close | 28.54 |
| Day's Range | 28.53 - 30.14 |
| 52-Week Range | 26.84 - 44.96 |
| Beta | 1.73 |
| Analysts | Buy |
| Price Target | 47.94 (+62.1%) |
| Earnings Date | Aug 4, 2022 |
About CRS
Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. It operates through 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 consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pe... [Read more...]
Financial Performance
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for CRS stock is "Buy." The 12-month stock price forecast is 47.94, which is an increase of 62.12% from the latest price.
News
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 the...
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.
Carpenter Technology Declares Quarterly Cash Dividend
PHILADELPHIA, April 20, 2022 (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 st...
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, effective...
Carpenter Technology Announces Conference Call and Webcast
PHILADELPHIA, April 12, 2022 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) plans to host a conference call and webcast on Thursday, April 28, 2022 at 10:00 a.m. ET to discuss the resu...
Carpenter Technology (CRS) to Hike Base Prices on New Orders
Carpenter Technology's (CRS) price rise will be effective with new orders placed after Mar 22.
Carpenter Technology to Increase Base Prices on Specialty Alloy Portfolio
PHILADELPHIA, March 21, 2022 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced today that it will increase base prices by an average of twelve percent (12%) to fifteen percent (...
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 7...
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 “...
Why Is Carpenter (CRS) Up 30.1% Since Last Earnings Report?
Carpenter (CRS) reported earnings 30 days ago. What's next for the stock?
Carpenter Technology's (CRS) 4500-Ton Press Resumes Operation
Carpenter Technology's (CRS) 4500-ton press at its Reading, PA facility is now back in service, which will help in meeting customer demand in the Aerospace supply chain.
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 Compa...
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 solutions...
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 growin...
Carpenter Technology's (CRS) Q2 Earnings & Sales Beat Estimates
Carpenter Technology (CRS) Q2 results reflect improved demand across a few of its end-markets.
Carpenter Technology (CRS) Reports Q2 Loss, Tops Revenue Estimates
Carpenter (CRS) delivered earnings and revenue surprises of 7.94% and 12.18%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
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. For ...
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 Aerospa...
Analysts Estimate Carpenter Technology (CRS) to Report a Decline in Earnings: What to Look Out for
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 (CRS) Sees Wider Q2 Loss Due to Press Outage
Due to a mechanical failure at 4500-ton press, Carpenter Technology (CRS) anticipates adjusted loss per share in the second quarter of fiscal 2022 to be 60-65 cents.
Carpenter Technology Announces Press Outage at Reading Facility and Provides Updated Second Quarter Fiscal Year 2022 ...
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 to ...
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, effec...