Carpenter Technology Corporation (CRS)

NYSE: CRS · IEX Real-Time Price · USD
29.57
+1.03 (3.61%)
Jun 24, 2022 4:00 PM EDT - Market closed
3.61%
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...]

Industry Metals & Mining
Founded 1910
CEO Tony Thene
Employees 3,900
Stock Exchange NYSE
Ticker Symbol CRS
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$47.94
(62.12% upside)
Analyst Consensus: Buy
Stock Forecasts

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...