In last trading session, Carpenter Technology Corp (NYSE:CRS) saw 1.78 million shares changing hands with its beta currently measuring 1.32. Company’s recent per share price level of $190.73 trading at $13.35 or 7.53% at ring of the bell on the day assigns it a market valuation of $9.53B. That closing price of CRS’s stock is at a discount of -12.02% from its 52-week high price of $213.66 and is indicating a premium of 59.49% from its 52-week low price of $77.26. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.9 million shares which gives us an average trading volume of 888.52K if we extend that period to 3-months.
For Carpenter Technology Corp (CRS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.50. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 1.74 in the current quarter.
Carpenter Technology Corp (NYSE:CRS) trade information
Upright in the green during last session for gaining 7.53%, in the last five days CRS remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $190.73 price level, adding 1.78% to its value on the day. Carpenter Technology Corp’s shares saw a change of 12.39% in year-to-date performance and have moved 9.08% in past 5-day. Carpenter Technology Corp (NYSE:CRS) showed a performance of -2.30% in past 30-days. Number of shares sold short was 3.36 million shares which calculate 4.01 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 230 to the stock, which implies a rise of 17.07% to its current value. Analysts have been projecting 230 as a low price target for the stock while placing it at a high target of 230. It follows that stock’s current price would drop -20.59% in reaching the projected high whereas dropping to the targeted low would mean a loss of -20.59% for stock’s current value.
Carpenter Technology Corp (CRS) estimates and forecasts
This year revenue growth is estimated to rise 6.40% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 729.35M for the same. And 4 analysts are in estimates of company making revenue of 797.83M in the next quarter. Company posted 684.9M and 798.7M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 1.52% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 50.72% while estimates for its earnings growth in next 5 years are of 33.25%.
CRS Dividends
Carpenter Technology Corp is more likely to be releasing its next quarterly report on 2025-Jan-29 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 0.42%, the share has a forward dividend of 0.80 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 1.92%.
Carpenter Technology Corp (NYSE:CRS)’s Major holders
Insiders are in possession of 2.26% of company’s total shares while institution are holding 95.46 percent of that, with stock having share float percentage of 97.67%. Investors also watch the number of corporate investors in a company very closely, which is 95.46% institutions for Carpenter Technology Corp that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at CRS for having 7.63 million shares of worth $836.03 million. And as of 2024-06-30, it was holding 15.351 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 5.56 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.1795 of outstanding shares, having a total worth of $608.85 million.
On the other hand, iShares Trust-iShares Core S&P Mid-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 1.63 shares of worth $311.17 million or 3.27% of the total outstanding shares. The later fund manager was in possession of 1.48 shares on Dec 31, 2024 , making its stake of worth around $282.36 million in the company or a holder of 2.96% of company’s stock.
