Carpenter Technology Corporation (CRS)
NYSE: CRS · Real-Time Price · USD
169.97
+0.38 (0.22%)
At close: Dec 20, 2024, 4:00 PM
171.00
+1.03 (0.61%)
After-hours: Dec 20, 2024, 7:57 PM EST
Carpenter Technology Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for CRS stock have an average target of 153, with a low estimate of 89 and a high estimate of 220. The average target predicts a decrease of -9.98% from the current stock price of 169.97.
Analyst Consensus: Buy
* Price targets were last updated on Nov 22, 2024.
Analyst Ratings
The average analyst rating for CRS stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 5 | 5 | 5 | 5 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Initiates $220 | Buy | Initiates | $220 | +29.43% | Nov 22, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $175 | Strong Buy | Reiterates | $175 | +2.96% | Oct 25, 2024 |
| BTIG | BTIG | Strong Buy Maintains $120 → $165 | Strong Buy | Maintains | $120 → $165 | -2.92% | Jul 30, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $140 → $175 | Strong Buy | Maintains | $140 → $175 | +2.96% | Jul 26, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Initiates $144 | Strong Buy | Initiates | $144 | -15.28% | Jun 25, 2024 |
Financial Forecast
Revenue This Year
3.05B
from 2.76B
Increased by 10.41%
Revenue Next Year
3.28B
from 3.05B
Increased by 7.55%
EPS This Year
7.03
from 3.70
Increased by 90.10%
EPS Next Year
8.12
from 7.03
Increased by 15.41%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 3.3B | 3.7B | 3.8B | ||
| Avg | 3.0B | 3.3B | 3.6B | ||
| Low | 2.9B | 2.8B | 3.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 18.1% | 21.2% | 16.3% | ||
| Avg | 10.4% | 7.5% | 9.5% | ||
| Low | 3.3% | -6.7% | 3.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.63 | 9.08 | 10.88 | ||
| Avg | 7.03 | 8.12 | 10.45 | ||
| Low | 6.55 | 6.93 | 10.13 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 106.3% | 29.1% | 34.0% | ||
| Avg | 90.1% | 15.4% | 28.8% | ||
| Low | 76.9% | -1.5% | 24.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.