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

75.88USD-1.62 (-2.09%)Market Closed

Market Summary

USD75.88-1.62

Market Closed

-2.09%

CRS Stock Price

View Fullscreen

CRS RSI Chart

CRS Valuation

Market Cap

3.7B

Price/Earnings (Trailing)

26.1

Price/Sales (Trailing)

0.99

EV/EBITDA

12.06

Price/Free Cashflow

18.64

CRS Price/Sales (Trailing)

CRS Profitability

EBT Margin

4.74%

Return on Equity

9.75%

Return on Assets

4.55%

Free Cashflow Yield

5.36%

CRS Fundamentals

CRS Revenue

Revenue (TTM)

3.8B

Rev. Growth (Yr)

7.79%

Rev. Growth (Qtr)

-4.25%

CRS Earnings

Earnings (TTM)

143.7M

Earnings Growth (Yr)

588.71%

Earnings Growth (Qtr)

-2.73%

Breaking Down CRS Revenue

Last 7 days

-5.9%

Last 30 days

14.9%

Last 90 days

15.5%

Trailing 12 Months

68.6%

How does CRS drawdown profile look like?

CRS Financial Health

Current Ratio

2.9

Debt/Equity

0.47

Debt/Cashflow

0.29

CRS Investor Care

Dividend Yield

1.05%

Dividend/Share (TTM)

0.8

Shares Dilution (1Y)

1.86%

Diluted EPS (TTM)

2.89

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Carpenter Technology Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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	ward jr stephen m	sold (taxes)	-72,802	64.2	-1,134	-
Oct 15, 2023	inglis i martin	sold (taxes)	-72,802	64.2	-1,134	-
Sep 20, 2023	karol steven e	sold	-84,663	69.00	-1,227	-
Sep 20, 2023	karol steven e	acquired	72,785	59.32	1,227	-
Sep 19, 2023	lain timothy	sold (taxes)	-2,279,130	68.06	-33,487	svp and cfo

Which funds bought or sold CRS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	Range Financial Group LLC	sold off	-100	-759,542	-	-%
Apr 12, 2024	AdvisorNet Financial, Inc	sold off	-100	-708	-	-%
Apr 12, 2024	Westend Capital Management, LLC	new	-	35,924	35,924	0.01%
Apr 11, 2024	ORSER CAPITAL MANAGEMENT, LLC	added	10.79	239,985	2,280,440	2.14%
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	added	12.5	916	7,713	-%
Apr 08, 2024	TOMPKINS FINANCIAL CORP	unchanged	-	4,990	574,788	0.06%
Apr 05, 2024	NBC SECURITIES, INC.	reduced	-40.86	-61,000	89,000	0.01%
Apr 05, 2024	Compass Wealth Management LLC	reduced	-13.79	-40,155	267,825	0.07%
Apr 05, 2024	CWM, LLC	added	2.00	1,000	58,000	-%
Apr 05, 2024	GAMMA Investing LLC	added	4.9	18,779	105,559	0.02%

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
Apr 02, 2024	4	Insider Trading
Feb 13, 2024	SC 13G/A	Major Ownership Report
Feb 09, 2024	SC 13G/A	Major Ownership Report
Jan 29, 2024	8-K	Current Report
Jan 29, 2024	8-K	Current Report
Jan 25, 2024	10-Q	Quarterly Report
Jan 24, 2024	SC 13G/A	Major Ownership Report
Jan 22, 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
CAT	185.9B	67.1B	4.91%	62.74%	17.99	2.77	12.84%	54.12%
GE	167.3B	68.0B	-8.99%	61.05%	17.65	2.46	16.96%	2688.24%
CMI	42.0B	34.1B	7.61%	26.60%	49.95	1.23	21.34%	-61.52%
AME	41.4B	6.6B	-1.34%	29.44%	31.5	6.27	7.26%	13.25%
ACM	12.7B	14.9B	2.29%	13.25%	206.11	0.86	12.31%	-81.65%
MID-CAP
APG	9.6B	6.9B	3.23%	84.85%	62.68	1.38	5.64%	109.59%
FLR	6.9B	15.5B	4.34%	32.65%	49.68	0.44	12.59%	-4.48%
FLS	6.1B	4.3B	4.86%	39.56%	32.6	1.41	19.51%	-1.03%
ACA	3.9B	2.3B	-1.62%	34.00%	24.51	1.69	2.90%	-35.23%
ALG	2.6B	1.7B	4.91%	21.82%	18.98	1.53	11.63%	33.59%
SMALL-CAP
AMRC	1.0B	1.4B	-5.55%	-56.18%	16.75	0.76	-24.65%	-34.19%
NKLA	868.1M	35.8M	1.56%	-20.73%	-0.9	24.22	-27.93%	-23.21%
AGX	789.2M	573.3M	21.73%	53.04%	24.39	1.38	26.00%	-2.24%
AMSC	370.7M	135.4M	-14.16%	185.11%	-22.6	2.74	-25.90%	65.37%
ADES	250.6M	99.2M	33.22%	314.29%	-20.46	2.53	-3.69%	-37.37%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-4.2%	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	556,500
Gross Profit	-1.2%	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	107,000
S&GA Expenses	-4.2%	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	51,600
EBITDA Margin	13.9%	0.10*	0.08*	0.07*	0.09*	0.08*	0.07*	0.06*	0.01*	-0.02*	-0.06*	-0.10*	-0.15*	-	-	-	-	-	-	-	-	-
Interest Expenses	2.4%	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	7,000
Income Taxes	48.8%	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	9,700
Earnings Before Taxes	5.5%	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	45,200
EBT Margin	34.2%	0.05*	0.04*	0.02*	0.01*	0.00*	-0.02*	-0.03*	-0.09*	-0.13*	-0.17*	-0.20*	-0.25*	-	-	-	-	-	-	-	-	-
Net Income	-2.7%	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	35,500
Net Income Margin	32.5%	0.04*	0.03*	0.02*	0.01*	0.00*	-0.02*	-0.03*	-0.06*	-0.09*	-0.13*	-0.16*	-0.20*	-	-	-	-	-	-	-	-	-
Free Cashflow	95.9%	14,500	7,400	174,900	4,300	-86,500	-78,000	107,000	35,300	-89,300	-47,000	74,600	3,800	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.7%	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	3,162
Current Assets	6.7%	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	1,261
Cash Equivalents	-13.3%	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	29.00
Inventory	12.9%	798	707	640	710	723	616	496	527	535	491	426	536	565	634	724	869	897	838	788	861	844
Net PPE	-0.5%	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	1,336
Goodwill	0%	241	241	241	241	241	241	241	241	241	241	241	241	241	292	290	325	329	325	326	328	337
Liabilities	2.3%	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	1,656
Current Liabilities	8.3%	486	449	459	544	510	411	376	634	294	332	306	269	266	265	452	516	499	467	416	517	498
Short Term Borrowings	-	14.00	-	-	109	81.00	-	-	-	-	-	-	-	-	-	170	170	119	78.00	20.00	127	101
Long Term Debt	0.0%	694	693	693	693	692	692	692	691	695	695	695	694	694	694	552	552	551	551	551	549	548
LT Debt, Current	-	-	-	-	-	-	-	-	300	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	0.0%	694	693	693	693	692	692	692	691	695	695	695	694	694	694	552	552	551	551	551	549	548
Shareholder's Equity	3.1%	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	1,506
Retained Earnings	2.6%	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	1,525
Additional Paid-In Capital	2.3%	328	320	328	320	315	314	320	319	316	316	323	319	317	316	321	326	322	318	320	320	315
Shares Outstanding	0.3%	49.00	49.00	49.00	49.00	49.00	49.00	48.00	49.00	49.00	49.00	48.00	48.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	1,792	-	-	-	1,409	-	-	-	1,398	-	-	-	2,379	-	-	-	1,687

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	95.9%	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	37,800
Share Based Compensation	-6.8%	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	5,100
Cashflow From Investing	-15.0%	-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	-119,100
Cashflow From Financing	165.1%	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	91,100
Dividend Payments	0%	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	9,700

CRS Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Net sales	$ 624.2	$ 579.1	$ 1,276.1	$ 1,102.0
Cost of sales	501.6	509.1	1,029.4	977.2
Gross profit	122.6	70.0	246.7	124.8
Selling, general and administrative expenses	52.8	47.4	107.9	93.9
Operating income	69.8	22.6	138.8	30.9
Interest expense, net	13.0	13.0	25.7	25.6
Other expense, net	1.6	1.9	5.5	5.4
Income (loss) before income taxes	55.2	7.7	107.6	(0.1)
Income tax expense	12.5	1.5	21.0	0.5
Net income (loss)	$ 42.7	$ 6.2	$ 86.6	$ (0.6)
EARNINGS (LOSS) PER COMMON SHARE:
Basic (in dollars per share)	$ 0.86	$ 0.13	$ 1.75	$ (0.02)
Diluted (in dollars per share)	$ 0.85	$ 0.13	$ 1.73	$ (0.02)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic (in shares)	49.7	48.8	49.4	48.7
Diluted (in shares)	50.2	49.0	50.0	48.7

CRS Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Jun. 30, 2023
Current assets:
Cash and cash equivalents	$ 15.7	$ 44.5
Accounts receivable, net	508.4	531.3
Inventories	797.8	639.7
Other current assets	88.3	66.4
Total current assets	1,410.2	1,281.9
Noncurrent assets:
Property, plant, equipment and software, net	1,364.2	1,383.8
Goodwill	241.4	241.4
Other intangibles, net	25.4	28.7
Deferred income taxes	6.7	6.6
Other assets	111.3	111.5
Total assets	3,159.2	3,053.9
Current liabilities:
Short-term credit agreement borrowings	13.9	0.0
Accounts payable	313.4	278.1
Accrued liabilities	158.4	181.3
Total current liabilities	485.7	459.4
Noncurrent liabilities:
Long-term debt	693.6	693.0
Accrued pension liabilities	191.2	190.1
Accrued postretirement benefits	47.2	45.8
Deferred income taxes	168.8	170.3
Other liabilities	98.9	99.2
Total liabilities	1,685.4	1,657.8
Contingencies and commitments (see Note 9)
Equity, Attributable to Parent [Abstract]
Common stock — authorized 100,000,000 shares; issued 56,634,411 shares at December 31, 2023 and 56,143,131 shares at June 30, 2023; outstanding 49,412,070 shares at December 31, 2023 and 48,635,740 shares at June 30, 2023	283.2	280.7
Capital in excess of par value	327.9	328.4
Reinvested earnings	1,294.8	1,228.0
Common stock in treasury (7,222,341 shares and 7,507,391 shares at December 31, 2023 and June 30, 2023, respectively), at cost	(289.7)	(298.0)
Accumulated other comprehensive loss	(142.4)	(143.0)
Total stockholders' equity	1,473.8	1,396.1
Total liabilities and stockholders' equity	$ 3,159.2	$ 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 Mon Apr 15 2024, market cap of Carpenter Technology Corp is 3.75 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 Mon Apr 15 2024, CRS's PE ratio (Price to Earnings) is 26.1 and Price to Sales (PS) ratio is 0.99. 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 0.036 (multiply by 100 for percentage) rate of return.