Carpenter Technology Corp (NYSE: CRS) has a higher price-to-earnings ratio of 41.21x compared to its average ratio. CRS has 36-month beta value of 1.55. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 1 as “sell.”
The public float for CRS is 47.29M, and currently, short sellers hold a 5.28% ratio of that float. The average trading volume of CRS on January 30, 2025 was 784.28K shares.
CRS) stock’s latest price update
The stock of Carpenter Technology Corp (NYSE: CRS) has decreased by -11.51 when compared to last closing price of 209.11.Despite this, the company has seen a loss of -12.93% in its stock price over the last five trading days. zacks.com reported 2025-01-30 that The headline numbers for Carpenter (CRS) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
CRS’s Market Performance
Carpenter Technology Corp (CRS) has seen a -12.93% fall in stock performance for the week, with a 8.43% gain in the past month and a 11.44% surge in the past quarter. The volatility ratio for the week is 3.39%, and the volatility levels for the past 30 days are at 3.40% for CRS. The simple moving average for the past 20 days is -5.04% for CRS’s stock, with a 29.14% simple moving average for the past 200 days.
Analysts’ Opinion of CRS
Many brokerage firms have already submitted their reports for CRS stocks, with JP Morgan repeating the rating for CRS by listing it as a “Overweight.” The predicted price for CRS in the upcoming period, according to JP Morgan is $220 based on the research report published on November 22, 2024 of the previous year 2024.
BTIG Research, on the other hand, stated in their research note that they expect to see CRS reach a price target of $165, previously predicting the price at $120. The rating they have provided for CRS stocks is “Buy” according to the report published on July 30th, 2024.
BTIG Research gave a rating of “Buy” to CRS, setting the target price at $120 in the report published on June 26th of the previous year.
CRS Trading at -1.05% from the 50-Day Moving Average
After a stumble in the market that brought CRS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.39% of loss for the given period.
Volatility was left at 3.40%, however, over the last 30 days, the volatility rate increased by 3.39%, as shares surge +9.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.79% upper at present.
During the last 5 trading sessions, CRS fell by -13.58%, which changed the moving average for the period of 200-days by +136.98% in comparison to the 20-day moving average, which settled at $194.79. In addition, Carpenter Technology Corp saw 9.03% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CRS starting from LAIN TIMOTHY, who sale 3,250 shares at the price of $183.10 back on Nov 20 ’24. After this action, LAIN TIMOTHY now owns 95,038 shares of Carpenter Technology Corp, valued at $595,091 using the latest closing price.
Thene Tony R, the President and CEO of Carpenter Technology Corp, sale 28,500 shares at $181.10 during a trade that took place back on Nov 20 ’24, which means that Thene Tony R is holding 494,206 shares at $5,161,263 based on the most recent closing price.
Stock Fundamentals for CRS
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.23 for the gross margin
The net margin for Carpenter Technology Corp stands at 0.08. The total capital return value is set at 0.14. Equity return is now at value 14.69, with 7.17 for asset returns.
Based on Carpenter Technology Corp (CRS), the company’s capital structure generated 0.3 points at debt to capital in total, while cash flow to debt ratio is standing at 0.44. The debt to equity ratio resting at 0.42. The interest coverage ratio of the stock is 6.48.
Currently, EBITDA for the company is 397.2 million with net debt to EBITDA at 1.08. When we switch over and look at the enterprise to sales, we see a ratio of 3.41. The receivables turnover for the company is 4.96for trailing twelve months and the total asset turnover is 0.87. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.84.
Conclusion
To put it simply, Carpenter Technology Corp (CRS) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
