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Carpenter Technology NYSE:CRS Stock Report

Last Price

US$167.32

Market Cap

US$8.5b

7D

-3.1%

1Y

136.3%

Updated

30 Dec, 2024

Data

Company Financials +

Carpenter Technology Corporation

NYSE:CRS Stock Report

Market Cap: US$8.5b

CRS Stock Overview

Engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. More details

CRS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance4/6
Financial Health5/6
Dividends0/6

Rewards

Trading at 40.4% below our estimate of its fair value

Earnings are forecast to grow 17.38% per year

Earnings grew by 112.6% over the past year

Risk Analysis

Significant insider selling over the past 3 months

Large one-off items impacting financial results


My Notes

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Community Narratives

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Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 6 Analysts

Energy And Aerospace Demand Will Strengthen Future Prospects

Key Takeaways Focus on productivity and demand in energy and aerospace segments boosts margins and revenue growth potential. Share repurchase program and internal capacity expansion indicate strong cash flow management and growth prospects.
View narrative
US$188.67
FV
11.3% undervalued intrinsic discount
8.47%
Revenue growth p.a.
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5 days ago author updated this narrative

Carpenter Technology Corporation Competitors

ATI

NYSE:ATI

US$7.9b

Ternium

NYSE:TX

US$5.7b

Commercial Metals

NYSE:CMC

US$5.7b

United States Steel

NYSE:X

US$7.0b

Price History & Performance

Summary of share price highs, lows and changes for Carpenter Technology
Historical stock prices
Current Share PriceUS$167.32
52 Week HighUS$198.24
52 Week LowUS$58.87
Beta1.53
1 Month Change-13.77%
3 Month Change5.91%
1 Year Change136.33%
3 Year Change453.12%
5 Year Change243.01%
Change since IPO3,365.53%

Recent News & Updates

Carpenter Technology Corp.: Robust Performance Into 2025 Despite Overvaluation - Hold

Dec 19

Carpenter Technology's (NYSE:CRS) Returns On Capital Are Heading Higher

Dec 09
Carpenter Technology's (NYSE:CRS) Returns On Capital Are Heading Higher

After Leaping 25% Carpenter Technology Corporation (NYSE:CRS) Shares Are Not Flying Under The Radar

Nov 26
After Leaping 25% Carpenter Technology Corporation (NYSE:CRS) Shares Are Not Flying Under The Radar

Recent updates

Carpenter Technology Corp.: Robust Performance Into 2025 Despite Overvaluation - Hold

Dec 19

Carpenter Technology's (NYSE:CRS) Returns On Capital Are Heading Higher

Dec 09
Carpenter Technology's (NYSE:CRS) Returns On Capital Are Heading Higher

After Leaping 25% Carpenter Technology Corporation (NYSE:CRS) Shares Are Not Flying Under The Radar

Nov 26
After Leaping 25% Carpenter Technology Corporation (NYSE:CRS) Shares Are Not Flying Under The Radar

Do Carpenter Technology's (NYSE:CRS) Earnings Warrant Your Attention?

Nov 21
Do Carpenter Technology's (NYSE:CRS) Earnings Warrant Your Attention?

Is Carpenter Technology (NYSE:CRS) A Risky Investment?

Oct 13
Is Carpenter Technology (NYSE:CRS) A Risky Investment?

Carpenter Technology - The Market Is Being Irrational (Valuation Updated)

Sep 25

A Look At The Fair Value Of Carpenter Technology Corporation (NYSE:CRS)

Sep 15
A Look At The Fair Value Of Carpenter Technology Corporation (NYSE:CRS)

Carpenter Technology's (NYSE:CRS) Returns On Capital Are Heading Higher

Sep 02
Carpenter Technology's (NYSE:CRS) Returns On Capital Are Heading Higher

Carpenter Technology: Stellar Prospects, But May Not Be Advisable To Chase Now

Aug 06

Carpenter Technology Corporation's (NYSE:CRS) Shares Climb 32% But Its Business Is Yet to Catch Up

Jul 26
Carpenter Technology Corporation's (NYSE:CRS) Shares Climb 32% But Its Business Is Yet to Catch Up

Should You Be Adding Carpenter Technology (NYSE:CRS) To Your Watchlist Today?

Jun 17
Should You Be Adding Carpenter Technology (NYSE:CRS) To Your Watchlist Today?

We Think Carpenter Technology (NYSE:CRS) Can Stay On Top Of Its Debt

Jun 03
We Think Carpenter Technology (NYSE:CRS) Can Stay On Top Of Its Debt

Carpenter Technology: Excellent Fundamentals; Stretchy Valuations

May 31

Shareholders Will Be Pleased With The Quality of Carpenter Technology's (NYSE:CRS) Earnings

May 08
Shareholders Will Be Pleased With The Quality of Carpenter Technology's (NYSE:CRS) Earnings

Carpenter Technology Corporation (NYSE:CRS) Not Lagging Industry On Growth Or Pricing

Mar 24
Carpenter Technology Corporation (NYSE:CRS) Not Lagging Industry On Growth Or Pricing

We Think Carpenter Technology (NYSE:CRS) Can Stay On Top Of Its Debt

Feb 16
We Think Carpenter Technology (NYSE:CRS) Can Stay On Top Of Its Debt

Carpenter's Q2: 40% CAGR Operating Growth Expected And Cheap

Feb 01

Analysts Have Made A Financial Statement On Carpenter Technology Corporation's (NYSE:CRS) Second-Quarter Report

Jan 28
Analysts Have Made A Financial Statement On Carpenter Technology Corporation's (NYSE:CRS) Second-Quarter Report

Here's What To Make Of Carpenter Technology's (NYSE:CRS) Decelerating Rates Of Return

Jan 08
Here's What To Make Of Carpenter Technology's (NYSE:CRS) Decelerating Rates Of Return

Carpenter Technology: Volatile Earnings Resulting In Poor Cyclical Performance

Nov 17

Carpenter Technology: Good Near-Term As Well As Long-Term Prospects At An Attractive Valuation

Sep 05

Carpenter Technology Is A Good Buy At The Current Levels

May 27

Shareholder Returns

CRSUS Metals and MiningUS Market
7D-3.1%0.08%0.6%
1Y136.3%-4.2%23.7%

Return vs Industry: CRS exceeded the US Metals and Mining industry which returned -4.2% over the past year.

Return vs Market: CRS exceeded the US Market which returned 23.7% over the past year.

Price Volatility

Is CRS's price volatile compared to industry and market?
CRS volatility
CRS Average Weekly Movement6.0%
Metals and Mining Industry Average Movement7.8%
Market Average Movement6.3%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: CRS has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CRS's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18894,600Tony Thenewww.carpentertechnology.com

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.

Carpenter Technology Corporation Fundamentals Summary

How do Carpenter Technology's earnings and revenue compare to its market cap?
CRS fundamental statistics
Market capUS$8.51b
Earnings (TTM)US$227.10m
Revenue (TTM)US$2.83b

36.7x

P/E Ratio

3.0x

P/S Ratio

Is CRS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CRS income statement (TTM)
RevenueUS$2.83b
Cost of RevenueUS$2.19b
Gross ProfitUS$636.50m
Other ExpensesUS$409.40m
EarningsUS$227.10m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.56
Gross Margin22.53%
Net Profit Margin8.04%
Debt/Equity Ratio41.8%

How did CRS perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

18%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 22:51
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Carpenter Technology Corporation is covered by 25 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joshua SullivanBenchmark Company
Andre MadridBTIG
Richard SafranBuckingham Research Group Inc.