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Carpenter Technology Corp (CRS) Stock Forecast & Price Prediction

Live CRS Stock Price & Analysis

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$192.71

+0.63 (0.33%)

12 Month Price Forecast For CRS

$192.71
Current Price
$9.63B
Market Cap
7 Ratings
Buy 5
Hold 1
Sell 1
Wall St Analyst Ratings

Distance to CRS Price Forecasts

+49.4%
To High Target of $288.00
+16.8%
To Median Target of $225.00
-41.9%
To Low Target of $112.00

CRS Price Momentum

-0.5%
1 Week Change
+4.3%
1 Month Change
+215.3%
1 Year Change
+13.6%
Year-to-Date Change
-9.8%
From 52W High of $213.65
+227.3%
From 52W Low of $58.87

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 6, 2025 1:25 PM UTC

CRS Analyst Ratings & Price Targets

Based on our analysis of 10 Wall Street analysts, CRS has a consensus that is bullish. The median price target is $225.00, with forecasts ranging from $112.00 to $288.00. Currently, there are 5 Buy ratings, 1 Hold ratings, and 1 Sell ratings.

With CRS currently trading at $192.71, the median price forecast suggests a 16.8% upside. The most optimistic forecast comes from at , projecting a 49.4% upside, while at provides the most conservative target, suggesting a -41.9% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

CRS Analyst Consensus

5
Buy
1
Hold
1
Sell

CRS Price Target Range

Low
$112.00
Average
$225.00
High
$288.00
Current: $192.71

Latest CRS Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for CRS.

Date Firm Analyst Rating Change Price Target
Jan 27, 2025 JP Morgan Bennett Moore Overweight Maintains $235.00
Nov 22, 2024 JP Morgan Bennett Moore Overweight Initiates $220.00
Oct 25, 2024 Benchmark Josh Sullivan Buy Reiterates $175.00
Jul 30, 2024 BTIG Andre Madrid Buy Maintains $165.00
Jul 26, 2024 Benchmark Josh Sullivan Buy Maintains $175.00
Jun 25, 2024 Deutsche Bank Scott Deuschle Buy Initiates $144.00
Jun 14, 2024 Northcoast Research Chris Olin Sell Downgrade $89.00
Jun 10, 2024 TD Cowen Gautam Khanna Buy Maintains $125.00
May 28, 2024 Benchmark Josh Sullivan Buy Reiterates $140.00
May 8, 2024 Benchmark Josh Sullivan Buy Maintains $140.00
May 2, 2024 TD Cowen Gautam Khanna Buy Maintains $116.00
Sep 13, 2023 Benchmark Josh Sullivan Buy Maintains $100.00
Aug 25, 2023 Northcoast Research Chris Olin Buy Initiates $73.00
Aug 1, 2023 TD Cowen Gautam Khanna Outperform Maintains $72.00
Jul 12, 2023 Benchmark Josh Sullivan Buy Reiterates $65.00
May 18, 2023 Benchmark Josh Sullivan Buy Reiterates $65.00
May 2, 2023 Benchmark Josh Sullivan Buy Maintains $65.00
Apr 24, 2023 TD Cowen Gautam Khanna Outperform Maintains $60.00
Jan 27, 2023 Cowen & Co. Gautam Khanna Outperform Maintains $54.00
Sep 12, 2022 Cowen & Co. Gautam Khanna Outperform Upgrade $45.00

Stocks Similar to Carpenter Technology Corp

The following stocks are similar to Carpenter based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Carpenter Technology Corp (CRS) Financial Data

Carpenter Technology Corp has a market capitalization of $9.63B with a P/E ratio of 36.4x. The company generates $2.83B in trailing twelve-month revenue with a 8.0% profit margin.

Revenue growth is +10.1% quarter-over-quarter, while maintaining an operating margin of +15.8% and return on equity of +14.7%.

Valuation Metrics

Market Cap $9.63B
Enterprise Value $10.98B
P/E Ratio 36.4x
PEG Ratio 24.6x
Price/Sales 3.4x

Growth & Margins

Revenue Growth (YoY) +10.1%
Gross Margin +26.2%
Operating Margin +15.8%
Net Margin +8.0%
EPS Growth +93.2%

Financial Health

Cash/Price Ratio +1.6%
Current Ratio 3.8x
Debt/Equity 42.3x
ROE +14.7%
ROA +7.7%

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Carpenter Technology Corp logo

Carpenter Technology Corp (CRS) Company Overview

About Carpenter Technology Corp

What They Do

Manufactures and distributes specialty metals.

Business Model

The company operates through two main segments: Specialty Alloys Operations and Performance Engineered Products. It generates revenue by producing and supplying specialty alloys, titanium alloys, powder metals, and various steel types to diverse industries, including aerospace, defense, and medical sectors.

Additional Information

Founded in 1889 and headquartered in Philadelphia, Carpenter Technology Corporation has a global presence, serving markets in the U.S., Europe, Asia Pacific, and beyond.

Company Information

Sector

Industrials

Industry

Metal Fabrication

Employees

4,600

CEO

Mr. Tony R. Thene CPA

Country

United States

IPO Year

1987

Carpenter Technology Corp (CRS) Latest News & Analysis

CRS stock latest news image
Quick Summary

CRS's Q2 results show a positive impact from an improved product mix.

Why It Matters

CRS's improved product mix suggests potential for higher margins and revenue growth, signaling positive momentum that could enhance investor confidence and stock performance.

Source: Zacks Investment Research
Market Sentiment: Positive
CRS stock latest news image
Quick Summary

Carpenter Technology Corporation (NYSE: CRS) will hold its Q2 2025 Earnings Conference Call on January 30, 2025, at 10:00 AM ET, featuring key executives and analysts from various firms.

Why It Matters

The earnings call provides vital insights into Carpenter Technology's financial performance and future outlook, influencing stock valuation and investor sentiment.

Source: Seeking Alpha
Market Sentiment: Neutral
CRS stock latest news image
Quick Summary

The company reported record Q2 operating income, expanded operating margins in Specialty Alloys, generated positive adjusted free cash flow, and increased FY25 outlook. An investor event is scheduled.

Why It Matters

Record operating income and expanded margins indicate strong business performance, while positive cash flow and share repurchases signal confidence. An increased FY25 outlook suggests growth potential.

Source: GlobeNewsWire
Market Sentiment: Neutral
CRS stock latest news image
Quick Summary

Carpenter (CRS) has a strong earnings surprise record and key factors suggest a potential earnings beat in its upcoming quarterly report.

Why It Matters

Carpenter's strong earnings surprise history and favorable indicators suggest potential for positive stock performance, impacting investor confidence and stock valuation.

Source: Zacks Investment Research
Market Sentiment: Positive
CRS stock latest news image
Quick Summary

Carpenter Technology (CRS) reported Q3 earnings of $1.66 per share, surpassing estimates of $1.56 and up from $0.85 per share year-over-year.

Why It Matters

Carpenter Technology's earnings beat estimates and show significant year-over-year growth, indicating strong operational performance and potential for future investment returns.

Source: Zacks Investment Research
Market Sentiment: Positive
CRS stock latest news image
Quick Summary

Carpenter (CRS) reported its quarterly performance for December 2024, with key metrics available for comparison against Wall Street estimates and year-ago figures.

Why It Matters

Comparing Carpenter's quarterly performance to Wall Street estimates and previous year results helps assess growth, profitability, and market expectations, influencing investment decisions and stock valuation.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About CRS Stock

What is Carpenter Technology Corp's (CRS) stock forecast for 2025?

Based on our analysis of 10 Wall Street analysts, Carpenter Technology Corp (CRS) has a median price target of $225.00. The highest price target is $288.00 and the lowest is $112.00.

Is CRS stock a good investment in 2025?

According to current analyst ratings, CRS has 5 Buy ratings, 1 Hold ratings, and 1 Sell ratings. The stock is currently trading at $192.71. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for CRS stock?

Wall Street analysts predict CRS stock could reach $225.00 in the next 12 months. This represents a 16.8% increase from the current price of $192.71. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Carpenter Technology Corp's business model?

The company operates through two main segments: Specialty Alloys Operations and Performance Engineered Products. It generates revenue by producing and supplying specialty alloys, titanium alloys, powder metals, and various steel types to diverse industries, including aerospace, defense, and medical sectors.

What is the highest forecasted price for CRS Carpenter Technology Corp?

The highest price target for CRS is $288.00 from at , which represents a 49.4% increase from the current price of $192.71.

What is the lowest forecasted price for CRS Carpenter Technology Corp?

The lowest price target for CRS is $112.00 from at , which represents a -41.9% decrease from the current price of $192.71.

What is the overall CRS consensus from analysts for Carpenter Technology Corp?

The overall analyst consensus for CRS is bullish. Out of 10 Wall Street analysts, 5 rate it as Buy, 1 as Hold, and 1 as Sell, with a median price target of $225.00.

How accurate are CRS stock price projections?

Stock price projections, including those for Carpenter Technology Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.