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Carpenter Technology Corp Stock Research

CRS

40.32USD+0.35(+0.88%)Market Closed

Market Summary

USD40.32+0.35
Market Closed
0.88%

CRS Alerts

CRS Stock Price

CRS RSI Chart

CRS Valuation

Market Cap

2.0B

Price/Earnings (Trailing)

-349.25

Price/Sales (Trailing)

0.91

EV/EBITDA

10.87

Price/Free Cashflow

-88.1

CRS Price/Sales (Trailing)

CRS Profitability

EBT Margin

-0.14%

Return on Equity

-0.42%

Return on Assets

-0.18%

Free Cashflow Yield

-1.14%

CRS Fundamentals

CRS Revenue

Revenue (TTM)

2.2B

Revenue Y/Y

46.24%

Revenue Q/Q

10.75%

CRS Earnings

Earnings (TTM)

-5.6M

Earnings Y/Y

121.09%

Earnings Q/Q

189.86%

Price Action

52 Week Range

24.4952.50
(Low)(High)

Last 7 days

-4.4%

Last 30 days

-16.0%

Last 90 days

6.7%

Trailing 12 Months

0.2%

CRS Financial Health

Current Ratio

2.51

Debt/Equity

0.74

Debt/Cashflow

0.01

CRS Investor Care

Dividend Yield

1.98%

Dividend/Share (TTM)

0.8

Buy Backs (1Y)

0.19%

Diluted EPS (TTM)

-0.11

Peers (Alternatives to Carpenter Tech)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
55.7B
10.0B
-3.08% -2.50%
21.04
5.55
-8.10% -22.37%
54.9B
22.8B
-10.03% -21.86%
12.26
2.41
-0.28% -16.51%
38.8B
41.5B
-8.32% 2.71%
5.11
0.94
13.78% 11.42%
38.2B
11.9B
6.60% -38.48%
-89
3.2
-2.51% -136.79%
18.8B
22.3B
-10.95% 28.06%
4.83
0.84
20.92% 19.49%
MID-CAP
9.1B
23.0B
-10.28% -38.96%
6.64
0.4
37.87% -4.59%
5.5B
9.2B
-16.31% 15.71%
4.38
0.6
25.13% 114.13%
4.9B
3.8B
-6.40% 35.86%
37.24
1.27
37.01% 442.67%
4.9B
21.1B
-10.87% -29.11%
1.42
0.22
3.90% -39.53%
3.0B
4.4B
4.64% 20.27%
13.73
0.68
7.39% -49.63%
2.0B
2.2B
-16.03% 0.15%
-349.25
0.91
38.38% 96.05%
SMALL-CAP
802.0M
1.3B
-0.44% -22.54%
3.67
0.55
3.66% -61.93%
714.0M
2.0B
-8.49% -1.80%
7.09
0.36
35.47% 132.03%
608.1M
523.7M
-10.48% 12.91%
12.62
1.16
43.51% 1103.27%
75.9M
202.1M
7.15% -5.73%
-9.41
0.38
29.62% -965.04%

Financials for Carpenter Tech

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue9.3%2,154,700,0001,971,600,0001,836,300,0001,694,200,0001,557,100,000
Gross Profit31.7%236,300,000179,400,000149,800,00056,500,00029,800,000
  S&GA Expenses1.6%179,700,000176,900,000174,700,000175,200,000184,600,000
  R&D Expenses-20,400,000----
EBITDA34.1%178,100,000132,800,000113,200,00023,700,000-
EBITDA Margin22.7%0.080.070.060.01-
Earnings Before Taxes93.4%-3,000,000-45,700,000-63,100,000-147,500,000-196,400,000
EBT Margin94.0%0.00-0.02-0.03-0.09-
Interest Expenses6.1%50,200,00047,300,00044,900,00040,700,00038,400,000
Net Income86.4%-5,600,000-41,200,000-49,100,000-108,800,000-141,800,000
Net Income Margin87.6%0.00-0.02-0.03-0.06-
Free Cahsflow11.2%-22,200,000-25,000,0006,000,000-26,400,000-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets4.0%3,0572,9402,9323,2302,880
  Current Assets11.5%1,2831,1521,1191,4001,044
    Cash Equivalents-62.0%20.0053.0015439497.00
  Inventory17.3%723616496527535
  Net PPE-0.8%1,3911,4021,4211,4261,430
  Goodwill0%241241241241241
Liabilities6.3%1,7351,6331,6021,8831,547
  Current Liabilities24.2%510411376634294
.    Short Term BorrowingsInfinity%81.00----
  Long Term Debt42.6%991695---
    LT Debt, Current-300----
    LT Debt, Non Current0.0%692692692691695
Shareholder's Equity1.1%1,3211,3071,3311,3471,333
  Retained Earnings-0.3%1,1911,1941,2111,2181,236
  Additional Paid-In Capital0.3%315314320319316
Accumulated Depreciation-1,799----
Shares Outstanding0.1%49.0048.0048.0048.0049.00
Float-1,409----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations11.2%-22.20-25.006.00-26.40-57.90
  Share Based Compensation6.0%12.0012.0011.0011.0011.00
Cashflow From Investing-0.3%-88.50-88.20-89.10-78.70-72.10
Cashflow From Financing153.0%28.00-53.00-52.80253-43.40
  Dividend Payments0%39.0039.0039.0039.0039.00

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

74.6%


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

Returns for CRS

Cumulative Returns on CRS

-0.1%


10-Year Cumulative Returns

4.4%


7-Year Cumulative Returns

1%


5-Year Cumulative Returns

38.2%


3-Year Cumulative Returns

What are the long-term rolling returns for CRS?

FIve years rolling returns for Carpenter Tech.

Annualized Returns

Which funds bought or sold CRS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-0.03
61,237
389,237
-%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-2.4
3,000
21,000
-%
2023-02-28
Voya Investment Management LLC
unchanged
-
225,378
1,435,380
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
83,000
534,000
0.01%
2023-02-21
MACQUARIE GROUP LTD
sold off
-
-30,000
-
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
added
14.36
73,485
281,485
-%
2023-02-17
Compass Wealth Management LLC
new
-
282,591
282,591
0.09%
2023-02-17
TRUIST FINANCIAL CORP
reduced
-7.13
27,553
300,553
-%
2023-02-16
IMA Wealth, Inc.
unchanged
-
1,240
7,240
-%
2023-02-16
American Trust
new
-
271,250
271,250
0.03%

1–10 of 46

Latest Funds Activity

Are funds buying CRS calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own CRS
No. of Funds

Carpenter Tech News

Benzinga

Commercial Metals Stock (NYSE:CMC), Quotes and News Summary.

Benzinga,
10 hours ago

69News WFMZ-TV

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

CRS Fair Value

Carpenter Tech fair value in different scenarios

The table shows the Fair Value estimates for Carpenter Tech for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

17.69

-56.13%

21.43

-46.85%

26.13

-35.19%

39.09

-3.05%

47.64

18.15%
Current Inflation

17.10

-57.59%

20.27

-49.73%

24.36

-39.58%

35.43

-12.13%

42.71

5.93%
Very High Inflation

16.32

-59.52%

18.84

-53.27%

22.19

-44.97%

31.09

-22.89%

36.93

-8.41%

Historical Carpenter Tech Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Carpenter Tech

View All Filings
Date Filed Form Type Document
Feb 16, 2023
4
Insider Trading
Feb 14, 2023
SC 13G/A
Major Ownership Report
Feb 14, 2023
SC 13G/A
Major Ownership Report
Feb 10, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 06, 2023
SC 13G/A
Major Ownership Report
Jan 27, 2023
8-K
Current Report
Jan 27, 2023
8-K
Current Report
Jan 26, 2023
SC 13G/A
Major Ownership Report
Jan 26, 2023
10-Q
Quarterly Report

Latest Insider Trading transactions for CRS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-14
SOCCI ELIZABETH A
acquired
233,250
40.7637
5,722
vp & chief accounting officer
2023-02-14
SOCCI ELIZABETH A
sold
-289,322
50.5631
-5,722
vp & chief accounting officer
2022-08-17
DEE JAMES D
sold (taxes)
-52,809
37.56
-1,406
svp gen counsel & secretary
2022-08-17
GRAF DAVID
sold (taxes)
-20,132
37.56
-536
vp & group president - pep
2022-08-17
Malloy Brian J
sold (taxes)
-49,804
37.56
-1,326
svp and group president - sao
2022-08-17
AKINS MARSHALL D
sold (taxes)
-11,643
37.56
-310
vp & chief commercial officer
2022-08-17
LAIN TIMOTHY
sold (taxes)
-89,993
37.56
-2,396
svp and cfo
2022-08-17
Thene Tony R
sold (taxes)
-353,402
37.56
-9,409
president and ceo
2022-08-17
SOCCI ELIZABETH A
sold (taxes)
-12,094
37.56
-322
vp and chief accounting office
2022-08-17
HANIFORD JOSEPH E
sold (taxes)
-43,006
37.56
-1,145
svp continuous improvement

1–10 of 50

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.

CRS Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]    
Net sales$ 579.1$ 396.0$ 1,102.0$ 783.6
Cost of sales509.1382.9977.2745.3
Gross profit70.013.1124.838.3
Selling, general and administrative expenses47.444.693.988.9
Operating income (loss)22.6(31.5)30.9(50.6)
Interest expense, net13.010.125.620.3
Other expense (income), net1.9(6.6)5.4(10.7)
Income (loss) before income taxes7.7(35.0)(0.1)(60.2)
Income tax expense (benefit)1.5(5.6)0.5(16.1)
Net income (loss)$ 6.2$ (29.4)$ (0.6)$ (44.1)
EARNINGS (LOSS) PER COMMON SHARE:    
Basic (in dollars per share)$ 0.13$ (0.61)$ (0.02)$ (0.91)
Diluted (in dollars per share)$ 0.13$ (0.61)$ (0.02)$ (0.91)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:    
Basic (in shares)48.848.648.748.5
Diluted (in shares)49.048.648.748.5

CRS Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Jun. 30, 2022
Current assets:  
Cash and cash equivalents$ 20.0$ 154.2
Accounts receivable, net441.6382.3
Inventories722.7496.1
Other current assets99.186.8
Total current assets1,283.41,119.4
Property, plant and equipment, net1,390.51,420.8
Goodwill241.4241.4
Other intangibles, net31.735.2
Deferred income taxes5.25.7
Other assets104.3109.8
Total assets3,056.52,932.3
Current liabilities:  
Short-term credit agreement borrowings81.20.0
Accounts payable304.7242.1
Accrued liabilities124.4133.5
Total current liabilities510.3375.6
Long-term debt692.4691.8
Accrued pension liabilities199.4196.6
Accrued postretirement benefits78.377.4
Deferred income taxes162.0162.4
Other liabilities93.098.0
Total liabilities1,735.41,601.8
Contingencies and commitments (see Note 9)
STOCKHOLDERS' EQUITY  
Common stock — authorized 100,000,000 shares; issued 56,026,448 shares at December 31, 2022 and 56,025,510 shares at June 30, 2022; outstanding 48,507,489 shares at December 31, 2022 and 48,286,439 shares at June 30, 2022280.1280.1
Capital in excess of par value315.3320.3
Reinvested earnings1,190.71,211.0
Common stock in treasury (7,518,959 shares and 7,739,071 shares at December 31, 2022 and June 30, 2022, respectively), at cost(298.4)(307.4)
Accumulated other comprehensive loss(166.6)(173.5)
Total stockholders' equity1,321.11,330.5
Total liabilities and stockholders' equity$ 3,056.5$ 2,932.3