NYSE:CRS Carpenter Technology (CRS) Stock Price, News & Analysis → top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL) (From Traders Agency) (Ad) Free CRS Stock Alerts $81.75 +1.35 (+1.68%) (As of 05:12 PM ET) Add Compare Share Share Today's Range$79.14▼$82.0750-Day Range$63.65▼$80.7152-Week Range$44.40▼$82.16Volume469,152 shsAverage Volume492,047 shsMarket Capitalization$4.04 billionP/E Ratio28.29Dividend Yield0.98%Price Target$81.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Carpenter Technology alerts: Email Address Carpenter Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside0.2% Upside$81.67 Price TargetShort InterestHealthy3.03% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-4.98Upright™ Environmental ScoreNews Sentiment0.48Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth15.66%From $3.96 to $4.58 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.44 out of 5 starsBasic Materials Sector47th out of 173 stocksBlast Furnaces & Steel Mills Industry4th out of 12 stocks 1.5 Analyst's Opinion Consensus RatingCarpenter Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageCarpenter Technology has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.03% of the float of Carpenter Technology has been sold short.Short Interest Ratio / Days to CoverCarpenter Technology has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Carpenter Technology has recently increased by 34.26%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldCarpenter Technology has a dividend yield of 0.99%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthCarpenter Technology does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Carpenter Technology is 27.68%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Carpenter Technology will have a dividend payout ratio of 17.47% next year. This indicates that Carpenter Technology will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCarpenter Technology has received a -105.00% net impact score from Upright. The largest negative impact of Carpenter Technology in category "GHG emissions" seems to be driven mostly by its "Stainless steel", "Metallic iron", and "Copper alloys" products. See details.Environmental SustainabilityThe Environmental Impact score for Carpenter Technology is -4.98. Previous Next 2.5 News and Social Media Coverage News SentimentCarpenter Technology has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Carpenter Technology this week, compared to 4 articles on an average week.Search InterestOnly 5 people have searched for CRS on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Carpenter Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -69% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Carpenter Technology insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.40% of the stock of Carpenter Technology is held by insiders.Percentage Held by Institutions92.03% of the stock of Carpenter Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Carpenter Technology are expected to grow by 15.66% in the coming year, from $3.96 to $4.58 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Carpenter Technology is 28.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Carpenter Technology is 28.20, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 134.27.Price to Book Value per Share RatioCarpenter Technology has a P/B Ratio of 2.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchWorld’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.Click here to find out what to do. About Carpenter Technology Stock (NYSE: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 consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.Read More CRS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CRS Stock News HeadlinesApril 18, 2024 | marketbeat.com3 Steel Stocks Could Soar on New China TariffsA new business cycle is underway for the United States economy, and the manufacturing sector could be in play. This time, it isn't only Wall Street pushing the bets forward but also the current administration's attempt to onshore some global steel and aluminum manufacturing jobs.April 18, 2024 | marketbeat.com3 Steel Stocks Could Soar on New China Tariffs (CRS)As the U.S. looks to return to China tariffs, the domestic steel and aluminum manufacturing industry could push these three stocks to soar.April 25, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.April 24, 2024 | money.usnews.comCarpenter Technology Corp.April 24, 2024 | americanbankingnews.comCarpenter Technology (CRS) to Release Earnings on WednesdayApril 18, 2024 | finance.yahoo.comThree Days Left Until Carpenter Technology Corporation (NYSE:CRS) Trades Ex-DividendApril 17, 2024 | finance.yahoo.comBarrick (GOLD) Reports Lower Preliminary Production for Q1April 16, 2024 | finance.yahoo.comCarpenter Technology Corporation (CRS)April 25, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.April 14, 2024 | investing.comCarpenter Technology sets quarterly dividend at $0.20 per shareApril 14, 2024 | msn.comCarpenter Technology Announces Quarterly DividendApril 12, 2024 | globenewswire.comCarpenter Technology Declares Quarterly Cash DividendApril 5, 2024 | globenewswire.comCarpenter Technology Announces Conference Call and WebcastApril 5, 2024 | fool.comWhy Shares in This Aerospace Supplier Soared in MarchApril 2, 2024 | yahoo.comSabrina Carpenter Is as Hot as Ever in Skims Spring Campaign — and Barry Keoghan ApprovesMarch 28, 2024 | msn.comSabrina Carpenter opens up about dating amid rumoured romance with Barry KeoghanMarch 24, 2024 | fool.comCarpenter Technology (NYSE: CRS)March 12, 2024 | sports.yahoo.comCarpenter wraps up career at gymnastics state finalsMarch 12, 2024 | msn.comSabrina Carpenter Wears Barry Keoghan’s Jacket While Exiting 2024 Vanity Fair Oscar PartyMarch 4, 2024 | fool.com1 Aerospace and Defense Stock to Avoid and 1 That Looks Like a Better BuyFebruary 19, 2024 | msn.comRoyal Gold (RGLD) Q4 Earnings Top Estimates, Revenues Dip Y/YFebruary 17, 2024 | fool.comForget 3M: 3 Industrial Stocks to BuyFebruary 15, 2024 | finance.yahoo.comReliance Steel & Aluminum (RS) to Buy American Alloy SteelFebruary 15, 2024 | fool.comForget Boeing: This Stock Is Poised for a Potential Bull Run in 2024February 15, 2024 | fool.comForget Boeing: This Stock Is Poised for a Potential Bull Run in 2024February 2, 2024 | seekingalpha.comCarpenter Technology: More Upside With Profitable Growth Just Getting StartedFebruary 1, 2024 | seekingalpha.comCarpenter's Q2: 40% CAGR Operating Growth Expected And CheapSee More Headlines Receive CRS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Carpenter Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/26/2023Ex-Dividend for 3/7 Dividend1/29/2024Dividend Payable3/07/2024Ex-Dividend for 6/6 Dividend4/22/2024Today4/25/2024Next Earnings (Confirmed)5/01/2024Dividend Payable6/06/2024Fiscal Year End6/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Blast furnaces & steel mills Sub-IndustrySteel Current SymbolNYSE:CRS CUSIP14428510 CIK17843 Webwww.carpentertechnology.com Phone(610) 208-2000Fax610-208-3716Employees4,500Year FoundedN/APrice Target and Rating Average Stock Price Target$81.67 High Stock Price Target$100.00 Low Stock Price Target$72.00 Potential Upside/Downside+1.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.89 Trailing P/E Ratio27.82 Forward P/E Ratio20.30 P/E GrowthN/ANet Income$56.40 million Net Margins5.27% Pretax Margin6.61% Return on Equity10.21% Return on Assets4.64% Debt Debt-to-Equity Ratio0.47 Current Ratio2.90 Quick Ratio1.26 Sales & Book Value Annual Sales$2.55 billion Price / Sales1.56 Cash Flow$3.85 per share Price / Cash Flow20.86 Book Value$28.76 per share Price / Book2.80Miscellaneous Outstanding Shares49,410,000Free Float47,732,000Market Cap$3.97 billion OptionableOptionable Beta1.56 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Tony R. Thene (Age 64)President, CEO & Director Comp: $2.65MMr. Timothy Lain (Age 52)Senior VP & CFO Comp: $1.1MMr. Brian J. Malloy (Age 57)Senior VP & COO Comp: $1.02MMr. James D. Dee (Age 66)Senior VP, General Counsel, Secretary, Chief Governance Officer & Chief Compliance Officer Comp: $876.76kMs. Elizabeth A. SocciVP, Controller & Chief Accounting OfficerDr. Suniti MoudgilChief Technology OfficerMr. John HuyetteVP of Corporate Development & Investor RelationsMs. Rachelle H. ThompsonVP & Chief Human Resources OfficerMr. Joseph E. Haniford (Age 65)Senior Vice President of Continuous Improvement Comp: $806.26kMr. Shakthimani LogasundaramChief Digital OfficerMore ExecutivesKey CompetitorsCommercial MetalsNYSE:CMCUnited States SteelNYSE:XTerniumNYSE:TXChemoursNYSE:CCAvientNYSE:AVNTView All CompetitorsInsiders & InstitutionsAssenagon Asset Management S.A.Bought 83,703 shares on 4/24/2024Ownership: 0.277%Louisiana State Employees Retirement SystemSold 200 shares on 4/23/2024Ownership: 0.050%Wesbanco Bank Inc.Bought 9,682 shares on 4/23/2024Ownership: 0.020%Raymond James & AssociatesSold 7,945 shares on 4/22/2024Ownership: 0.256%State of Alaska Department of RevenueSold 236 shares on 4/19/2024Ownership: 0.061%View All Insider TransactionsView All Institutional Transactions CRS Stock Analysis - Frequently Asked Questions Should I buy or sell Carpenter Technology stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Carpenter Technology in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CRS shares. View CRS analyst ratings or view top-rated stocks. What is Carpenter Technology's stock price target for 2024? 3 brokerages have issued 12 month price objectives for Carpenter Technology's stock. Their CRS share price targets range from $72.00 to $100.00. On average, they expect the company's share price to reach $81.67 in the next twelve months. This suggests a possible upside of 0.2% from the stock's current price. View analysts price targets for CRS or view top-rated stocks among Wall Street analysts. How have CRS shares performed in 2024? Carpenter Technology's stock was trading at $70.80 at the beginning of 2024. Since then, CRS stock has increased by 15.1% and is now trading at $81.50. View the best growth stocks for 2024 here. Are investors shorting Carpenter Technology? Carpenter Technology saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,450,000 shares, an increase of 34.3% from the March 31st total of 1,080,000 shares. Based on an average daily trading volume, of 505,800 shares, the days-to-cover ratio is presently 2.9 days. Currently, 3.0% of the shares of the company are short sold. View Carpenter Technology's Short Interest. When is Carpenter Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our CRS earnings forecast. How can I listen to Carpenter Technology's earnings call? Carpenter Technology will be holding an earnings conference call on Wednesday, May 1st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Carpenter Technology's earnings last quarter? Carpenter Technology Co. (NYSE:CRS) issued its earnings results on Thursday, October, 26th. The basic materials company reported $0.88 earnings per share for the quarter, topping analysts' consensus estimates of $0.75 by $0.13. The basic materials company had revenue of $651.90 million for the quarter, compared to analyst estimates of $739.15 million. Carpenter Technology had a net margin of 5.27% and a trailing twelve-month return on equity of 10.21%. The firm's quarterly revenue was up 24.7% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.14) EPS. How often does Carpenter Technology pay dividends? What is the dividend yield for Carpenter Technology? Carpenter Technology declared a quarterly dividend on Friday, April 12th. Shareholders of record on Tuesday, April 23rd will be paid a dividend of $0.20 per share on Thursday, June 6th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date is Monday, April 22nd. This is a boost from the stock's previous quarterly dividend of $0.18. Read our dividend analysis for CRS. Is Carpenter Technology a good dividend stock? Carpenter Technology (NYSE:CRS) pays an annual dividend of $0.80 per share and currently has a dividend yield of 0.99%. The dividend payout ratio is 27.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CRS will have a dividend payout ratio of 17.47% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CRS. What ETFs hold Carpenter Technology's stock? ETFs with the largest weight of Carpenter Technology (NYSE:CRS) stock in their portfolio include Subversive Decarbonization ETF (DKRB), Invesco S&P SmallCap Materials ETF (PSCM), VanEck Steel ETF (SLX), SPDR S&P Metals & Mining ETF (XME), Innovator IBD Breakout Opportunities ETF (BOUT), Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ), Direxion Daily Metals & Mining Bull 2X Shares (MNM) and Invesco S&P SmallCap Momentum ETF (XSMO). What is Tony Thene's approval rating as Carpenter Technology's CEO? 87 employees have rated Carpenter Technology Chief Executive Officer Tony Thene on Glassdoor.com. Tony Thene has an approval rating of 35% among the company's employees. This puts Tony Thene in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Carpenter Technology own? Based on aggregate information from My MarketBeat watchlists, some companies that other Carpenter Technology investors own include WPX Energy (WPX), Broadcom (AVGO), AT&T (T), Intel (INTC), Pfizer (PFE), Inovio Pharmaceuticals (INO), Micron Technology (MU), Cisco Systems (CSCO), AbbVie (ABBV) and Gilead Sciences (GILD). Who are Carpenter Technology's major shareholders? Carpenter Technology's stock is owned by a variety of institutional and retail investors. Top institutional investors include Hennessy Advisors Inc. (0.93%), Assenagon Asset Management S.A. (0.28%), Raymond James & Associates (0.26%), Hodges Capital Management Inc. (0.21%), Allspring Global Investments Holdings LLC (0.07%) and Orser Capital Management LLC (0.06%). Insiders that own company stock include Brian J Malloy, Charles Douglas Mclane Jr, Elizabeth A Socci, Marshall D Akins and Steven E Karol. View institutional ownership trends. How do I buy shares of Carpenter Technology? Shares of CRS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:CRS) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThese AI trades triggered this morning (545% return)Prosper Trading AcademyThe A.I. story nobody is telling you (Read ASAP)TradeSmithHe Is Giving Away BitcoinCrypto Swap Profitstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyYour Money is Not SafeAmerican AlternativeThe only accurate crypto trading system I know …Weiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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