Zacks Research Has Negative Estimate for CRS Q3 Earnings

Carpenter Technology Corporation (NYSE:CRS) – Zacks Research reduced their Q3 2027 EPS estimates for Carpenter Technology in a research note issued on Thursday, February 19th. Zacks Research analyst Team now forecasts that the basic materials company will post earnings per share of $3.01 for the quarter, down from their prior estimate of $3.06. The consensus estimate for Carpenter Technology’s current full-year earnings is $6.83 per share. Zacks Research also issued estimates for Carpenter Technology’s Q4 2027 earnings at $3.34 EPS and Q2 2028 earnings at $3.20 EPS.

Carpenter Technology (NYSE:CRS) last released its quarterly earnings results on Thursday, January 29th. The basic materials company reported $2.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.20 by $0.13. Carpenter Technology had a net margin of 14.77% and a return on equity of 23.63%. The company had revenue of $728.00 million for the quarter, compared to the consensus estimate of $733.76 million. During the same quarter in the prior year, the firm earned $1.66 earnings per share. Carpenter Technology’s revenue was up 7.5% on a year-over-year basis.

Several other research analysts have also commented on CRS. Weiss Ratings reiterated a “buy (b)” rating on shares of Carpenter Technology in a research report on Tuesday, January 27th. BTIG Research raised their price objective on Carpenter Technology from $365.00 to $375.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Wall Street Zen upgraded Carpenter Technology from a “hold” rating to a “buy” rating in a report on Saturday, January 31st. TD Cowen reissued a “buy” rating on shares of Carpenter Technology in a research report on Friday, November 14th. Finally, JPMorgan Chase & Co. increased their price target on Carpenter Technology from $388.00 to $394.00 and gave the company an “overweight” rating in a report on Friday, January 30th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $373.43.

Carpenter Technology Stock Performance

Carpenter Technology stock opened at $389.98 on Monday. The company’s 50-day moving average price is $339.35 and its 200-day moving average price is $296.62. The company has a quick ratio of 2.26, a current ratio of 4.25 and a debt-to-equity ratio of 0.35. The company has a market cap of $19.42 billion, a PE ratio of 45.29, a price-to-earnings-growth ratio of 1.53 and a beta of 1.30. Carpenter Technology has a twelve month low of $138.61 and a twelve month high of $397.72.

Institutional Trading of Carpenter Technology

Institutional investors and hedge funds have recently modified their holdings of the stock. Woodline Partners LP bought a new position in Carpenter Technology in the first quarter worth approximately $4,050,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Carpenter Technology by 1.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 104,785 shares of the basic materials company’s stock valued at $18,985,000 after purchasing an additional 1,701 shares in the last quarter. Focus Partners Wealth lifted its holdings in shares of Carpenter Technology by 7.3% in the 1st quarter. Focus Partners Wealth now owns 4,615 shares of the basic materials company’s stock worth $836,000 after buying an additional 314 shares during the period. Ethic Inc. bought a new position in shares of Carpenter Technology during the 2nd quarter worth $592,000. Finally, Sumitomo Mitsui Trust Group Inc. purchased a new position in shares of Carpenter Technology during the second quarter valued at $228,000. Institutional investors own 92.03% of the company’s stock.

Insider Buying and Selling at Carpenter Technology

In related news, VP Elizabeth A. Socci sold 3,900 shares of Carpenter Technology stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $321.25, for a total transaction of $1,252,875.00. Following the completion of the sale, the vice president owned 9,594 shares in the company, valued at $3,082,072.50. This trade represents a 28.90% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Brian J. Malloy sold 4,130 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $303.52, for a total transaction of $1,253,537.60. Following the completion of the sale, the chief operating officer directly owned 78,875 shares of the company’s stock, valued at approximately $23,940,140. This trade represents a 4.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 79,358 shares of company stock valued at $24,254,008. Corporate insiders own 2.90% of the company’s stock.

Carpenter Technology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Tuesday, January 27th will be paid a $0.20 dividend. The ex-dividend date is Tuesday, January 27th. This represents a $0.80 dividend on an annualized basis and a yield of 0.2%. Carpenter Technology’s dividend payout ratio (DPR) is presently 9.29%.

Trending Headlines about Carpenter Technology

Here are the key news stories impacting Carpenter Technology this week:

• Positive Sentiment: Carpenter reported strong Q2 2026 results with specialty‑alloys growth cited as the primary driver of revenue and margin expansion — this operational beat is the immediate catalyst for bullish sentiment. Carpenter Technology (CRS) Reports Strong Q2 2026 Earnings
• Positive Sentiment: Zacks Research raised multiple EPS forecasts for Carpenter across quarters and fiscal years — notable moves include FY2026 to $10.20 (from $9.82) and FY2028 to $14.08 — implying analysts expect stronger profitability and supporting higher forward multiples. Zacks upgrades / estimates (MarketBeat summary)
• Neutral Sentiment: Valuation and positioning: CRS is trading near its 12‑month high with a high P/E (~45) and a PEG ~1.47, which means further gains will depend on continued earnings delivery and multiple expansion staying intact. Carpenter stock profile and valuation

About Carpenter Technology

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.