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Carpenter Technology Corp Stock Research

CRS

64.50USD-2.08(-3.12%)Market Closed
Watchlist

Market Summary

USD64.50-2.08
Market Closed
-3.12%

CRS Alerts

CRS Stock Price

CRS RSI Chart

CRS Valuation

Market Cap

3.2B

Price/Earnings (Trailing)

57.41

Price/Sales (Trailing)

0.89

EV/EBITDA

12.4

Price/Free Cashflow

220.28

CRS Price/Sales (Trailing)

CRS Profitability

EBT Margin

1.24%

Return on Equity

1.54%

Return on Assets

0.66%

Free Cashflow Yield

0.45%

CRS Fundamentals

CRS Revenue

Revenue (TTM)

3.6B

Revenue Y/Y

225.76%

Revenue Q/Q

166.09%

CRS Earnings

Earnings (TTM)

56.4M

Earnings Y/Y

1.4K%

Earnings Q/Q

106.45%

Price Action

52 Week Range

32.6771.19
(Low)(High)

Last 7 days

-4.5%

Last 30 days

3.5%

Last 90 days

18.3%

Trailing 12 Months

115.0%

CRS Financial Health

Current Ratio

2.45

CRS Investor Care

Dividend Yield

1.2%

Dividend/Share (TTM)

0.8

Shares Dilution (1Y)

0.72%

Diluted EPS (TTM)

1.14

Historical Charts for Stock Metrics

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

Latest Insider Trading transactions for CRS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-20
KAROL STEVEN E
acquired
72,785
59.32
1,227
-
2023-09-20
KAROL STEVEN E
sold
-84,663
69.00
-1,227
-
2023-09-19
Thene Tony R
sold (taxes)
-16,019,400
68.06
-235,371
president and ceo
2023-09-19
LAIN TIMOTHY
acquired
1,723,290
38.6925
44,538
svp and cfo
2023-09-19
LAIN TIMOTHY
sold (taxes)
-2,279,130
68.06
-33,487
svp and cfo
2023-09-19
DEE JAMES D
acquired
3,099,500
38.7791
79,927
svp gen counsel and secretary
2023-09-19
Thene Tony R
acquired
12,029,200
38.8817
309,379
president and ceo
2023-09-19
DEE JAMES D
sold (taxes)
-4,298,330
68.06
-63,155
svp gen counsel and secretary
2023-09-13
AKINS MARSHALL D
acquired
62,735
41.8237
1,500
vp chief commercial officer
2023-09-13
AKINS MARSHALL D
sold
-97,500
65.00
-1,500
vp chief commercial officer

1–10 of 50

Which funds bought or sold CRS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-20
BARCLAYS PLC
reduced
-5.82
217,000
1,417,000
-%
2023-09-12
Farther Finance Advisors, LLC
unchanged
-
1,137
5,613
-%
2023-08-22
COMERICA BANK
new
-
36,000
36,000
-%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
5.85
211,000
859,000
0.01%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-2.68
595,304
3,296,120
-%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-5.2
83,217
521,208
-%
2023-08-16
Nuveen Asset Management, LLC
added
102
14,080,000
23,192,000
0.01%
2023-08-15
Parkside Financial Bank & Trust
unchanged
-
2,115
10,441
-%
2023-08-15
CAPTRUST FINANCIAL ADVISORS
added
591
1,642,450
1,856,440
0.01%
2023-08-15
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
reduced
-14.81
5,000
71,000
-%

1–10 of 49

Latest Funds Activity

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

Schedule 13G FIlings of Carpenter Tech

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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 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
Jan 20, 2023
blackrock inc.
16.7%
8,112,387
SC 13G/A
Feb 14, 2022
alliancebernstein l.p.
8.1%
3,900,136
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
5.1%
2,491,340
SC 13G/A
Feb 10, 2022
state street corp
5.14%
2,475,029
SC 13G/A
Feb 09, 2022
vanguard group inc
11.19%
5,390,125
SC 13G/A

Recent SEC filings of Carpenter Tech

View All Filings
Date Filed Form Type Document
Sep 21, 2023
4
Insider Trading
Sep 21, 2023
4
Insider Trading
Sep 21, 2023
4
Insider Trading
Sep 21, 2023
4
Insider Trading
Sep 20, 2023
144
Notice of Insider Sale Intent
Sep 15, 2023
4
Insider Trading
Sep 15, 2023
ARS
ARS
Sep 15, 2023
DEF 14A
DEF 14A
Sep 13, 2023
144
Notice of Insider Sale Intent
Aug 21, 2023
4
Insider Trading

Peers (Alternatives to Carpenter Tech)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
57.2B
10.1B
-9.97% 66.49%
20.48
5.68
-4.76% -4.71%
52.5B
21.9B
-11.69% 34.77%
15.84
2.4
-9.80% -44.93%
38.7B
37.5B
-10.31% 44.67%
6.98
1.03
-12.82% -38.59%
28.3B
11.2B
-9.61% -15.44%
-37.27
2.52
-9.46% -195.71%
17.7B
20.5B
-0.92% 49.84%
5.87
0.86
-7.79% -31.70%
MID-CAP
8.0B
22.0B
1.29% 16.63%
29.06
0.36
-9.91% -92.35%
5.7B
9.0B
-15.80% 37.30%
5.88
0.63
5.39% -10.80%
5.3B
4.1B
-11.38% 53.63%
18.5
1.27
25.63% 2307.63%
3.2B
3.6B
3.50% 114.99%
57.41
0.89
97.59% 214.87%
3.0B
4.9B
-19.58% 62.03%
11.72
0.61
-6.22% -32.38%
-
19.0B
5.57% 82.46%
-
-
-17.70% -72.82%
SMALL-CAP
838.5M
2.1B
2.38% 72.06%
9.33
0.41
22.68% 8.05%
572.7M
573.2M
-7.64% 28.08%
12.67
1
29.70% 44.33%
-
1.2B
-2.75% 44.03%
-
-
-14.31% -101.46%
109.5M
237.3M
-11.11% 69.66%
-23.61
0.46
31.74% -244.40%

Carpenter Tech News

Benzinga
Carpenter Technology Is At An 'Inflection Point,' Aims To Double Operating Income - Carpenter Tech (NYSE:.
Benzinga,
4 months ago
69News WFMZ-TV
Yahoo Finance
InPlay from Briefing.com.
Yahoo Finance,
6 years ago

Returns for CRS

Cumulative Returns on CRS

3.0%


10-Year Cumulative Returns

9.4%


7-Year Cumulative Returns

4.4%


5-Year Cumulative Returns

55.2%


3-Year Cumulative Returns

Risks for CRS

What is the probability of a big loss on CRS?

100%


Probability that Carpenter Tech stock will be more than 20% underwater in next one year

76.2%


Probability that Carpenter Tech stock will be more than 30% underwater in next one year.

45.4%


Probability that Carpenter Tech stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CRS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Carpenter Tech was unfortunately bought at previous high price.

Drawdowns

Financials for Carpenter Tech

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Last 12 Months)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue54.0%3,628,4002,355,8002,154,7001,971,6001,836,3001,694,2001,557,1001,509,9001,475,6001,491,3001,724,8001,949,0002,181,1002,385,2002,409,7002,393,2002,380,2002,356,8002,319,1002,250,4002,157,800
Gross Profit16.2%337,300290,300236,300179,400149,80056,50029,80022,7001,00017,000113,700220,300329,400457,600471,300465,700444,800436,800409,700388,400382,300
  S&GA Expenses4.5%204,200195,500179,700176,900174,700175,200184,600182,200180,200174,300177,300190,400201,000214,000213,200209,500203,400203,200203,500196,200193,000
EBITDA-100.0%-213,300178,100132,800113,20023,700-28,700-95,700-141,600-216,300-114,00031,400149,800361,300381,200------
EBITDA Margin-100.0%-0.09*0.08*0.07*0.06*0.01*-0.02*-0.06*-0.10*-0.15*-0.07*0.02*0.07*0.15*0.16*------
Interest Expenses1.1%54,10053,50050,20047,30044,90040,70038,40036,20032,70027,70023,70021,10019,80021,30023,50025,20026,00026,70027,10027,40028,300
Earnings Before Taxes147.4%72,50029,300-3,000-45,700-63,100-147,500-196,400-257,000-297,900-367,200-260,100-114,0006,100217,100235,200229,900216,000207,100176,800165,300160,200
EBT Margin-100.0%-0.01*0.00*-0.02*-0.03*-0.09*-0.13*-0.17*-0.20*-0.25*-0.15*-0.06*0.00*0.09*0.10*------
Net Income175.1%56,40020,500-5,600-41,200-49,100-108,800-141,800-197,300-229,600-290,900-210,500-86,8001,500168,800180,000176,700167,000160,900140,000196,600188,500
Net Income Margin-100.0%-0.01*0.00*-0.02*-0.03*-0.06*-0.09*-0.13*-0.16*-0.20*-0.12*-0.04*0.00*0.07*0.07*------
Free Cashflow100.0%--53,200-22,200-25,0006,000-26,400-57,900115,000250,000312,300380,800319,100231,800270,100207,800------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-1.3%3,0543,0943,0572,9402,9323,2302,8802,9602,9713,0113,0443,1293,2273,4293,4043,3423,1883,2403,1623,0083,007
  Current Assets-3.8%1,2821,3331,2831,1521,1191,4001,0441,1271,1171,1501,1531,1881,2661,3771,3581,3101,2361,3091,2611,1881,179
    Cash Equivalents99.6%45.0022.0020.0053.0015439497.0021328724427121919393.0030.0025.0027.0019.0029.0017.0056.00
  Inventory-10.0%640710723616496527535491426536565634724869897838788861844741689
  Net PPE0.0%1,3841,3841,3911,4021,4211,4261,4301,4411,4581,3071,3261,3341,4981,3951,3861,3801,3661,3511,3361,3171,313
  Goodwill0%241241241241241241241241241241241292290325329325326328337269269
Liabilities-6.2%1,6581,7671,7351,6331,6021,8831,5471,5921,5791,6301,7111,7211,7821,8111,8001,7651,6681,6831,6561,5171,521
  Current Liabilities-15.6%459544510411376634294332306269266265452516499467416517498363363
  Short Term Borrowings-100.0%-10981.00---------17017011978.0020.00127101--
    LT Debt, Current------300---------------
    LT Debt, Non Current0.0%693693692692692691695695695694694694552552551551551549548546546
Shareholder's Equity5.2%1,3961,3271,3211,3071,3311,3471,3331,3681,3921,3811,3331,4081,4461,6191,6031,5771,5201,5581,5061,4911,486
  Retained Earnings2.4%1,2281,2001,1911,1941,2111,2181,2361,2751,2991,3661,4171,5111,5681,6961,6661,6371,6051,5661,5251,4991,476
  Additional Paid-In Capital2.7%328320315314320319316316323319317316321326322318320320315310310
Shares Outstanding0.2%49.0049.0049.0048.0048.0049.0049.0049.0048.0048.0048.0048.0048.0048.0048.0048.0047.0048.0048.0048.0047.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations127.6%15.00-53.20-22.20-25.006.00-26.40-57.90115250312381319232270208224232176239226209
  Share Based Compensation30.2%16.0013.0012.0012.0011.0011.0011.0011.0010.006.008.0010.0011.0017.0018.0019.0018.0018.0018.0016.0018.00
Cashflow From Investing1.9%-82.30-83.90-88.50-88.20-89.10-78.70-72.10-77.60-78.90-84.40-115-139-171-193-181-253-244-248-241-149-139
Cashflow From Financing83.2%-40.10-23828.00-53.00-52.80253-43.40-43.20-76.10-76.50-24.0019.001081.00-23.7034.00-19.4041.007.00-85.30-78.90
  Dividend Payments0.3%39.0039.0039.0039.0039.0039.0039.0039.0039.0039.0039.0039.0039.0039.0039.0039.0039.0038.0037.0035.0034.00
  Buy Backs----------------------

CRS Income Statement

2023-06-30
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]   
Net sales$ 2,550.3$ 1,836.3$ 1,475.6
Cost of sales2,213.01,686.51,470.4
Cost of sales - inventory write-downs from restructuring0.00.04.2
Gross profit337.3149.81.0
Selling, general and administrative expenses204.2174.7180.2
Restructuring and asset impairment charges0.00.016.6
Goodwill impairment0.00.052.8
Operating income (loss)133.1(24.9)(248.6)
Interest expense, net54.144.932.7
Debt extinguishment losses, net0.06.08.2
Other expense (income), net6.5(12.7)8.4
Income (loss) before income taxes72.5(63.1)(297.9)
Income tax expense (benefit)16.1(14.0)(68.3)
Net income (loss)$ 56.4$ (49.1)$ (229.6)
EARNINGS (LOSS) PER COMMON SHARE:   
Basic (in dollars per share)$ 1.15$ (1.01)$ (4.76)
Diluted (in dollars per share)$ 1.14$ (1.01)$ (4.76)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:   
Basic (in shares)48.848.548.3
Diluted (in shares)49.248.548.3

CRS Balance Sheet

2023-06-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Jun. 30, 2022
Current assets:  
Cash and cash equivalents$ 44.5$ 154.2
Accounts receivable, net of allowance for doubtful accounts of $7.4 million and $5.4 million at June 30, 2023 and 2022, respectively531.3382.3
Inventories639.7496.1
Other current assets66.486.8
Total current assets1,281.91,119.4
Property, plant, equipment and software, net1,383.81,420.8
Goodwill241.4241.4
Other intangibles, net28.735.2
Deferred income taxes6.65.7
Other assets111.5109.8
Total assets3,053.92,932.3
Current liabilities:  
Accounts payable278.1242.1
Accrued liabilities181.3133.5
Total current liabilities459.4375.6
Long-term debt693.0691.8
Accrued pension liabilities190.1196.6
Accrued postretirement benefits45.877.4
Deferred income taxes170.3162.4
Other liabilities99.298.0
Total liabilities1,657.81,601.8
Contingencies and commitments (see Note 12)
STOCKHOLDERS' EQUITY  
Common stock — authorized 100,000,000 shares; issued 56,143,131 shares at June 30, 2023, and 56,025,510 shares at June 30, 2022; outstanding 48,635,740 shares at June 30, 2023, and 48,286,439 shares at June 30, 2022280.7280.1
Capital in excess of par value328.4320.3
Reinvested earnings1,228.01,211.0
Common stock in treasury (7,507,391 shares and 7,739,071 shares at June 30, 2023 and 2022, respectively), at cost(298.0)(307.4)
Accumulated other comprehensive loss(143.0)(173.5)
Total stockholders' equity1,396.11,330.5
Total liabilities and stockholders' equity$ 3,053.9$ 2,932.3
Tony R. Thene
3900
Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. It operates through 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 aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.