100 Invested In Carpenter Tech 20 Years Ago Would Be Worth This Much Today
| CRS Stock | USD 199.62 0.56 0.28% |
Slightly above 62% of Carpenter Technology's investor base is looking to short. The current sentiment regarding investing in Carpenter Technology stock implies that many traders are alarmed. Carpenter Technology's investing sentiment can be driven by a variety of factors including economic data, Carpenter Technology's earnings reports, geopolitical events, and overall market trends.
Carpenter |
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Carpenter Technology Fundamental Analysis
We analyze Carpenter Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Carpenter Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Carpenter Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Earnings Per Share
Earnings Per Share Comparative Analysis
Carpenter Technology is currently under evaluation in earnings per share category among its peers. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Carpenter Technology Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Carpenter Technology stock to make a market-neutral strategy. Peer analysis of Carpenter Technology could also be used in its relative valuation, which is a method of valuing Carpenter Technology by comparing valuation metrics with similar companies.
Peers
Carpenter Technology Related Equities
| NWPX | Northwest Pipe | 3.28 | ||||
| MEC | Mayville Engineering | 2.31 | ||||
| RYI | Ryerson Holding | 2.08 | ||||
| ESAB | ESAB Corp | 1.71 | ||||
| MLI | Mueller Industries | 0.89 | ||||
| GIFI | Gulf Island | 0.61 | ||||
| IIIN | Insteel Industries | 0.31 | ||||
| WOR | Worthington Industries | 0.07 | ||||
| ATI | Allegheny Technologies | 1.45 |
Additional Tools for Carpenter Stock Analysis
When running Carpenter Technology's price analysis, check to measure Carpenter Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carpenter Technology is operating at the current time. Most of Carpenter Technology's value examination focuses on studying past and present price action to predict the probability of Carpenter Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carpenter Technology's price. Additionally, you may evaluate how the addition of Carpenter Technology to your portfolios can decrease your overall portfolio volatility.