Carpenter Technology Corporation (CRS)
Market Cap | 3.60B |
Revenue (ttm) | 2.68B |
Net Income (ttm) | 107.10M |
Shares Out | 49.31M |
EPS (ttm) | 2.17 |
PE Ratio | 33.65 |
Forward PE | 18.08 |
Dividend | $0.80 (1.10%) |
Ex-Dividend Date | Oct 23, 2023 |
Volume | 670,841 |
Open | 71.26 |
Previous Close | 70.81 |
Day's Range | 70.03 - 73.71 |
52-Week Range | 35.72 - 74.06 |
Beta | 1.66 |
Analysts | Strong Buy |
Price Target | 81.67 (+11.83%) |
Earnings Date | Jan 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]
Financial Performance
Financial StatementsAnalyst 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 11.83% from the latest price.
News

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...

Carpenter Technology Declares Quarterly Cash Dividend
PHILADELPHIA, Oct. 12, 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 s...

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...

Carpenter Technology Announces Conference Call and Webcast
PHILADELPHIA, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) plans to host a conference call and webcast on Thursday, October 26, 2023 at 10:00 a.m. ET to discuss the r...

3 Mid-Cap Momentum Plays to Ride Into Q4
The S&P 500 entered this week on a three-week losing streak after the Federal Reserve proclaimed “higher for longer” interest rates to ward off inflation. J.P. Morgan CEO Jamie Dimon stirred up the wi...

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...

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...

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...

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...

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...

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

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

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 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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...