CRS - Carpenter Technology Corp Stock Price, Fair Value and News

106.10USD+2.55 (+2.46%)Market Closed

Market Summary

USD106.10+2.55

Market Closed

2.46%

CRS Alerts

1 major insider sales recently.

Big fall in earnings (Y/Y)

CRS Stock Price

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CRS RSI Chart

CRS Valuation

Market Cap

5.3B

Price/Earnings (Trailing)

40.07

Price/Sales (Trailing)

1.39

EV/EBITDA

16.72

Price/Free Cashflow

18.78

CRS Price/Sales (Trailing)

CRS Profitability

EBT Margin

4.38%

Return on Equity

8.74%

Return on Assets

4.14%

Free Cashflow Yield

5.33%

CRS Fundamentals

CRS Revenue

Revenue (TTM)

3.8B

Rev. Growth (Yr)

-0.75%

Rev. Growth (Qtr)

9.72%

CRS Earnings

Earnings (TTM)

131.3M

Earnings Growth (Yr)

-66.13%

Earnings Growth (Qtr)

-85.25%

Breaking Down CRS Revenue

Last 7 days

6.2%

Last 30 days

32.1%

Last 90 days

67.5%

Trailing 12 Months

110.9%

How does CRS drawdown profile look like?

CRS Financial Health

Current Ratio

3.2

Debt/Equity

0.46

Debt/Cashflow

0.4

CRS Investor Care

Dividend Yield

0.75%

Dividend/Share (TTM)

0.8

Shares Dilution (1Y)

2.18%

Diluted EPS (TTM)

2.63

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	3.8B	0	0	0
2023	2.4B	3.6B	3.8B	3.8B
2022	1.7B	1.8B	2.0B	2.2B
2021	1.5B	1.5B	1.5B	1.6B
2020	2.4B	2.2B	1.9B	1.7B
2019	2.4B	2.4B	2.4B	2.4B
2018	2.0B	2.2B	2.3B	2.3B
2017	1.7B	1.8B	1.9B	1.9B
2016	1.9B	1.8B	1.7B	1.7B
2015	2.3B	2.2B	2.1B	2.0B
2014	2.2B	2.2B	2.2B	2.3B
2013	2.3B	2.3B	2.2B	2.2B
2012	1.9B	2.0B	2.2B	2.3B
2011	1.6B	1.7B	1.7B	1.8B
2010	1.2B	1.2B	1.3B	1.4B
2009	0	1.4B	1.3B	1.3B

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
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Tracking the Latest Insider Buys and Sells of Carpenter Technology Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 06, 2024	socci elizabeth a	sold	-81,892	102	-802	vp, contr & ch acctg officer
May 06, 2024	socci elizabeth a	acquired	47,269	58.94	802	vp, contr & ch acctg officer
May 03, 2024	karol steven e	sold	-3,117,610	100	-31,000	-
Nov 07, 2023	mclane charles douglas jr	sold	-251,798	66.42	-3,791	-
Nov 06, 2023	mclane charles douglas jr	sold (taxes)	-368,909	67.27	-5,484	-
Nov 06, 2023	mclane charles douglas jr	acquired	368,798	23.4395	15,734	-
Oct 15, 2023	inglis i martin	acquired	72,785	59.32	1,227	-
Oct 15, 2023	ward jr stephen m	acquired	72,785	59.32	1,227	-
Oct 15, 2023	inglis i martin	sold (taxes)	-72,802	64.2	-1,134	-
Oct 15, 2023	ward jr stephen m	sold (taxes)	-72,802	64.2	-1,134	-

Which funds bought or sold CRS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 08, 2024	AVANTAX ADVISORY SERVICES, INC.	reduced	-0.69	670	398,953	-%
May 08, 2024	PROFUND ADVISORS LLC	reduced	-3.61	-5,748	202,333	0.01%
May 08, 2024	KBC Group NV	unchanged	-	-	85,000	-%
May 08, 2024	US BANCORP \DE\	reduced	-3.25	-4,030	163,695	-%
May 08, 2024	EMERALD MUTUAL FUND ADVISERS TRUST	reduced	-14.4	-5,461,020	34,538,500	1.80%
May 08, 2024	EVERENCE CAPITAL MANAGEMENT INC	unchanged	-	4,000	471,000	0.03%
May 08, 2024	Foundry Partners, LLC	reduced	-5.68	-21,237	416,236	0.02%
May 08, 2024	Calamos Advisors LLC	sold off	-100	-1,241,200	-	-%
May 08, 2024	COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS	added	0.29	8,811	762,123	-%
May 08, 2024	EMERALD ADVISERS, LLC	reduced	-7.65	-3,267,090	44,491,700	1.79%

Are Funds Buying or Selling CRS?

Are funds buying CRS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CRS

No. of Funds

Unveiling Carpenter Technology Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.50%	5,670,458	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	7.3%	3,616,926	SC 13G/A
Jan 24, 2024	state street corp	6.31%	3,109,868	SC 13G/A
Jan 22, 2024	blackrock inc.	16.1%	7,931,012	SC 13G/A
Feb 14, 2023	price t rowe associates inc /md/	0.2%	74,329	SC 13G/A
Feb 14, 2023	alliancebernstein l.p.	0.2%	72,871	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	7.4%	3,586,145	SC 13G/A
Feb 09, 2023	vanguard group inc	11.89%	5,761,256	SC 13G/A
Feb 06, 2023	state street corp	5.04%	2,441,874	SC 13G/A
Jan 26, 2023	blackrock inc.	16.7%	8,112,387	SC 13G/A

Recent SEC filings of Carpenter Technology Corp

View All Filings

Date Filed	Form Type	Document
May 08, 2024	144	Notice of Insider Sale Intent
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 06, 2024	144	Notice of Insider Sale Intent
May 03, 2024	8-K	Current Report
May 03, 2024	8-K	Current Report
May 03, 2024	144	Notice of Insider Sale Intent
May 01, 2024	10-Q	Quarterly Report
Apr 02, 2024	4	Insider Trading
Feb 13, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Carpenter Technology Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GE	183.3B	69.5B	8.41%	68.26%	52.22	2.64	16.04%	-60.91%
CAT	173.8B	67.0B	-5.39%	65.06%	15.46	2.59	8.59%	58.17%
CMI	40.3B	34.0B	-2.46%	36.67%	19.54	1.18	12.85%	-19.64%
AME	39.3B	6.7B	-6.23%	17.43%	29.83	5.84	7.11%	10.53%
ACM	12.6B	15.3B	-3.58%	15.85%	-915.55	0.82	13.36%	-103.70%
MID-CAP
APG	10.3B	6.9B	-4.99%	68.04%	59.86	1.49	3.19%	62.26%
FLR	6.7B	15.5B	-5.91%	44.99%	21.94	0.43	7.53%	3145.00%
FLS	6.5B	4.4B	3.46%	38.34%	27.75	1.47	17.31%	1.26%
ACA	4.3B	2.4B	5.37%	27.66%	30	1.82	4.48%	-49.27%
ALG	2.4B	1.7B	-10.94%	9.35%	17.72	1.4	8.96%	15.52%
SMALL-CAP
AMRC	1.5B	1.4B	15.88%	-32.78%	25.01	1.04	-13.54%	-25.70%
AGX	894.4M	573.3M	32.71%	64.84%	27.64	1.56	26.00%	-2.24%
NKLA	786.8M	35.8M	-42.00%	-27.50%	-0.83	21.95	-27.93%	-18.06%
AMSC	424.5M	135.4M	5.42%	218.20%	-25.88	3.14	-25.90%	65.37%
ADES	257.3M	100.1M	12.78%	412.84%	-31.53	2.57	2.80%	39.07%

Carpenter Technology Corp News

Latest updates

Carpenter Technology Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	9.7%	684,900	624,200	651,900	1,836,300	690,100	579,100	522,900	563,700	489,000	396,000	387,600	421,600	351,900	348,800	353,300	437,300	585,400	573,000	585,400	641,400	609,900
Gross Profit	19.9%	147,000	122,600	124,100	119,050	93,500	70,000	54,800	72,000	39,500	13,100	25,200	-21,300	12,800	6,000	3,500	-5,300	109,500	112,600	112,600	122,900	123,200
S&GA Expenses	8.0%	57,000	52,800	55,100	56,150	54,200	47,400	46,500	47,400	38,400	44,600	44,300	47,900	47,800	42,200	42,300	42,050	50,800	55,300	52,800	55,100	50,000
EBITDA Margin	-3.7%	0.09*	0.10*	0.08*	0.07*	0.09*	0.08*	0.07*	0.06*	0.01*	-0.02*	-0.06*	-0.10*	-	-	-	-	-	-	-	-	-
Interest Expenses	-0.8%	12,900	13,000	12,700	14,000	14,500	13,000	12,600	13,400	11,200	10,100	10,200	9,200	8,900	7,900	6,700	4,200	4,900	5,300	5,400	5,650	7,100
Income Taxes	-69.6%	3,800	12,500	8,400	10,150	5,400	1,500	-900	2,800	-800	-5,600	-10,400	-26,200	-16,700	-10,700	-10,400	-30,000	10,000	11,700	12,900	13,650	16,900
Earnings Before Taxes	-81.7%	10,100	55,200	52,300	48,600	24,000	7,700	-7,800	5,400	-8,300	-35,000	-25,200	-79,050	-57,200	-95,600	-66,000	-148,400	49,900	50,500	54,100	62,550	68,000
EBT Margin	-7.6%	0.04*	0.05*	0.04*	0.02*	0.01*	0.00*	-0.02*	-0.03*	-0.09*	-0.13*	-0.17*	-0.20*	-	-	-	-	-	-	-	-	-
Net Income	-85.2%	6,300	42,700	43,900	38,450	18,600	6,200	-6,900	2,600	-7,500	-29,400	-14,800	-57,100	-40,500	-84,900	-47,100	-118,400	39,900	38,800	41,200	48,900	51,100
Net Income Margin	-8.4%	0.03*	0.04*	0.03*	0.02*	0.01*	0.00*	-0.02*	-0.03*	-0.06*	-0.09*	-0.13*	-0.16*	-	-	-	-	-	-	-	-	-
Free Cashflow	475.9%	83,500	14,500	7,400	174,900	4,300	-86,500	-78,000	107,000	35,300	-89,300	-47,000	74,600	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.5%	3,176	3,159	3,077	3,054	3,094	3,057	2,940	2,932	3,230	2,880	2,960	2,971	3,011	3,044	3,129	3,227	3,429	3,404	3,342	3,188	3,240
Current Assets	3.0%	1,453	1,410	1,322	1,282	1,333	1,283	1,152	1,119	1,400	1,044	1,127	1,117	1,150	1,153	1,188	1,266	1,377	1,358	1,310	1,236	1,309
Cash Equivalents	240.8%	54.00	16.00	18.00	45.00	22.00	20.00	53.00	154	394	97.00	213	287	244	271	219	193	93.00	30.00	25.00	27.00	19.00
Inventory	-0.2%	796	798	707	640	710	723	616	496	527	535	491	426	536	565	634	724	869	897	838	788	861
Net PPE	-0.9%	1,351	1,364	1,371	1,384	1,384	1,391	1,402	1,421	1,426	1,430	1,441	1,458	1,307	1,326	1,334	1,498	1,395	1,386	1,380	1,366	1,351
Goodwill	-5.8%	227	241	241	241	241	241	241	241	241	241	241	241	241	241	292	290	325	329	325	326	328
Liabilities	-0.7%	1,674	1,685	1,648	1,658	1,767	1,735	1,633	1,602	1,883	1,547	1,592	1,579	1,630	1,711	1,721	1,782	1,811	1,800	1,765	1,668	1,683
Current Liabilities	-6.7%	453	486	449	459	544	510	411	376	634	294	332	306	269	266	265	452	516	499	467	416	517
Short Term Borrowings	-100.0%	-	14.00	-	-	109	81.00	-	-	-	-	-	-	-	-	-	170	170	119	78.00	20.00	127
Long Term Debt	0.0%	694	694	693	693	693	692	692	692	691	695	695	695	694	694	694	552	552	551	551	551	549
LT Debt, Current	-	-	-	-	-	-	-	-	-	300	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	-100.0%	-	694	693	693	693	692	692	692	691	695	695	695	694	694	694	552	552	551	551	551	549
Shareholder's Equity	2.0%	1,503	1,474	1,429	1,396	1,327	1,321	1,307	1,331	1,347	1,333	1,368	1,392	1,381	1,333	1,408	1,446	1,619	1,603	1,577	1,520	1,558
Retained Earnings	-0.3%	1,291	1,295	1,262	1,228	1,200	1,191	1,194	1,211	1,218	1,236	1,275	1,299	1,366	1,417	1,511	1,568	1,696	1,666	1,637	1,605	1,566
Additional Paid-In Capital	1.6%	333	328	320	328	320	315	314	320	319	316	316	323	319	317	316	321	326	322	318	320	320
Shares Outstanding	0.0%	49.00	49.00	49.00	49.00	49.00	49.00	49.00	48.00	49.00	49.00	49.00	48.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	1,792	-	-	-	1,409	-	-	-	1,398	-	-	-	2,379	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	475.9%	83,500	14,500	7,400	174,900	4,300	-86,500	-78,000	107,000	35,300	-89,300	-47,000	74,600	3,800	83,600	88,000	136,900	72,300	21,900	700	175,200	10,000
Share Based Compensation	26.8%	5,200	4,100	4,400	6,000	3,300	3,500	3,600	2,200	3,000	2,800	2,800	2,600	2,400	2,700	2,700	-1,500	3,900	4,400	4,100	4,900	4,600
Cashflow From Investing	15.0%	-21,500	-25,300	-22,000	-30,800	-20,500	-17,500	-13,500	-32,400	-25,100	-17,200	-14,400	-22,000	-18,500	-22,700	-15,700	-27,500	-49,500	-46,800	-47,400	-49,500	-37,400
Cashflow From Financing	-383.3%	-23,800	8,400	-12,900	-117,200	19,000	71,100	-13,000	-315,700	285,700	-10,000	-12,800	-9,500	-11,100	-9,800	-45,700	-9,900	41,400	33,000	43,300	-116,800	16,800
Dividend Payments	2.0%	10,100	9,900	9,900	9,900	9,800	9,900	9,800	9,800	9,700	9,900	9,800	9,800	9,800	9,800	9,700	9,700	9,700	9,700	9,700	9,700	9,600

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CRS Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net sales	$ 684.9	$ 690.1	$ 1,961.1	$ 1,792.1
Cost of sales	537.9	596.6	1,567.4	1,573.9
Gross profit	147.0	93.5	393.7	218.2
Selling, general and administrative expenses	57.0	54.2	164.8	148.0
Goodwill impairment	14.1	0.0	14.1	0.0
Operating income	75.9	39.3	214.8	70.2
Interest expense, net	12.9	14.5	38.6	40.1
Other expense, net	52.9	0.8	58.5	6.2
Income before income taxes	10.1	24.0	117.7	23.9
Income tax expense	3.8	5.4	24.8	5.9
Net income	$ 6.3	$ 18.6	$ 92.9	$ 18.0
EARNINGS PER COMMON SHARE:
Basic (in dollars per share)	$ 0.12	$ 0.38	$ 1.87	$ 0.36
Diluted (in dollars per share)	$ 0.12	$ 0.38	$ 1.85	$ 0.36
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic (in shares)	49.7	48.8	49.5	48.7
Diluted (in shares)	50.3	49.2	50.1	49.0

CRS Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2024	Jun. 30, 2023
Current assets:
Cash and cash equivalents	$ 53.5	$ 44.5
Accounts receivable, net	521.2	531.3
Inventories	796.1	639.7
Other current assets	82.2	66.4
Total current assets	1,453.0	1,281.9
Property, plant, equipment and software, net	1,351.4	1,383.8
Goodwill	227.3	241.4
Other intangibles, net	23.8	28.7
Deferred income taxes	6.7	6.6
Other assets	114.0	111.5
Total assets	3,176.2	3,053.9
Current liabilities:
Accounts payable	275.2	278.1
Accrued liabilities	178.2	181.3
Total current liabilities	453.4	459.4
Long-term debt	693.9	693.0
Accrued pension liabilities	212.2	190.1
Accrued postretirement benefits	47.2	45.8
Deferred income taxes	167.6	170.3
Other liabilities	99.3	99.2
Total liabilities	1,673.6	1,657.8
Contingencies and commitments (see Note 10)
Equity, Attributable to Parent [Abstract]
Common stock — authorized 100,000,000 shares; issued 56,643,276 shares at March 31, 2024 and 56,143,131 shares at June 30, 2023; outstanding 49,426,636 shares at March 31, 2024 and 48,635,740 shares at June 30, 2023	283.2	280.7
Capital in excess of par value	333.2	328.4
Reinvested earnings	1,291.0	1,228.0
Common stock in treasury (7,216,640 shares and 7,507,391 shares at March 31, 2024 and June 30, 2023, respectively), at cost	(289.5)	(298.0)
Accumulated other comprehensive loss	(115.3)	(143.0)
Total stockholders' equity	1,502.6	1,396.1
Total liabilities and stockholders' equity	$ 3,176.2	$ 3,053.9

About Carpenter Technology Corp

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.

CEO	Mr. Tony R. Thene
WEBSITE	carpentertechnology.com
INDUSTRY	Apparel Manufacturing
EMPLOYEES	4500

Carpenter Technology Corp Frequently Asked Questions

What is the ticker symbol for Carpenter Technology Corp? What does CRS stand for in stocks?

CRS is the stock ticker symbol of Carpenter Technology Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Carpenter Technology Corp (CRS)?

As of Thu May 09 2024, market cap of Carpenter Technology Corp is 5.26 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CRS stock?

You can check CRS's fair value in chart for subscribers.

What is the fair value of CRS stock?

You can check CRS's fair value in chart for subscribers. The fair value of Carpenter Technology Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Carpenter Technology Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CRS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Carpenter Technology Corp a good stock to buy?

The fair value guage provides a quick view whether CRS is over valued or under valued. Whether Carpenter Technology Corp is cheap or expensive depends on the assumptions which impact Carpenter Technology Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CRS.

What is Carpenter Technology Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 09 2024, CRS's PE ratio (Price to Earnings) is 40.07 and Price to Sales (PS) ratio is 1.39. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CRS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Carpenter Technology Corp's stock?

In the past 10 years, Carpenter Technology Corp has provided 0.066 (multiply by 100 for percentage) rate of return.