Is Carpenter Technology Stock a Good Investment?
Carpenter Technology Investment Advice | CRS |
- Examine Carpenter Technology's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Carpenter Technology's leadership team and their track record. Good management can help Carpenter Technology navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Metals & Mining space and any emerging trends that could impact Carpenter Technology's business and its evolving consumer preferences.
- Compare Carpenter Technology's performance and market position to its competitors. Analyze how Carpenter Technology is positioned in terms of product offerings, innovation, and market share.
- Check if Carpenter Technology pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Carpenter Technology's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Carpenter Technology stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Carpenter Technology is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Carpenter Technology Stock
Researching Carpenter Technology's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 94.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 1.59. Carpenter Technology last dividend was issued on the 28th of January 2025. The entity had 2:1 split on the 16th of November 2007.
To determine if Carpenter Technology is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Carpenter Technology's research are outlined below:
| Over 94.0% of the company shares are held by institutions such as insurance companies | |
| On 5th of December 2024 Carpenter Technology paid $ 0.2 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Air Products Issues Preliminary Earnings for First-Quarter Fiscal 2025 |
Carpenter Technology Quarterly Cash And Short Term Investments |
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Carpenter Technology uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Carpenter Technology. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Carpenter Technology's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 25th of April 2024 Upcoming Quarterly Report | View | |
| 25th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 25th of July 2024 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Carpenter Technology's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Carpenter Technology's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2003-10-27 | 2003-09-30 | 0.03 | 0.0112 | -0.0188 | 62 | ||
2002-10-28 | 2002-09-30 | -0.04 | -0.06 | -0.02 | 50 | ||
1999-10-20 | 1999-09-30 | 0.2 | 0.22 | 0.02 | 10 | ||
2011-01-25 | 2010-12-31 | 0.24 | 0.21 | -0.03 | 12 | ||
2004-01-23 | 2003-12-31 | 0.04 | 0.07 | 0.03 | 75 | ||
1999-01-21 | 1998-12-31 | 0.3 | 0.27 | -0.03 | 10 | ||
2015-10-22 | 2015-09-30 | 0.3 | 0.26 | -0.04 | 13 | ||
2015-04-30 | 2015-03-31 | 0.28 | 0.32 | 0.04 | 14 |
Carpenter Technology Target Price Consensus
Carpenter target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Carpenter Technology's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 7 | Buy |
Most Carpenter analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Carpenter stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Carpenter Technology, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationCarpenter Technology Target Price Projection
Carpenter Technology's current and average target prices are 206.58 and 194.50, respectively. The current price of Carpenter Technology is the price at which Carpenter Technology is currently trading. On the other hand, Carpenter Technology's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Carpenter Technology Market Quote on 18th of January 2025
Target Price
Analyst Consensus On Carpenter Technology Target Price
Carpenter Technology Analyst Ratings
Carpenter Technology's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Carpenter Technology stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Carpenter Technology's financials, market performance, and future outlook by experienced professionals. Carpenter Technology's historical ratings below, therefore, can serve as a valuable tool for investors.Know Carpenter Technology's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Carpenter Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Carpenter Technology backward and forwards among themselves. Carpenter Technology's institutional investor refers to the entity that pools money to purchase Carpenter Technology's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 663.8 K | Surgocap Partners Lp | 2024-09-30 | 662.7 K | Third Point, Llc | 2024-09-30 | 660 K | Frontier Capital Management Co Inc | 2024-09-30 | 568.3 K | Northern Trust Corp | 2024-09-30 | 561.6 K | Bank Of New York Mellon Corp | 2024-09-30 | 531.8 K | Hennessy Advisors, Inc. | 2024-09-30 | 493.8 K | American Century Companies Inc | 2024-09-30 | 480.5 K | Goldman Sachs Group Inc | 2024-09-30 | 471.3 K | Blackrock Inc | 2024-09-30 | 7.7 M | Vanguard Group Inc | 2024-09-30 | 5.6 M |
Carpenter Technology's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 10.01 B.Market Cap |
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Carpenter Technology's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.07 | 0.04 | |
| Return On Capital Employed | 0.13 | 0.09 | |
| Return On Assets | 0.07 | 0.04 | |
| Return On Equity | 0.13 | 0.08 |
Determining Carpenter Technology's profitability involves analyzing its financial statements and using various financial metrics to determine if Carpenter Technology is a good buy. For example, gross profit margin measures Carpenter Technology's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Carpenter Technology's profitability and make more informed investment decisions.
Carpenter Technology's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Carpenter Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Carpenter Technology. Check Carpenter Technology's Beneish M Score to see the likelihood of Carpenter Technology's management manipulating its earnings.
Evaluate Carpenter Technology's management efficiency
Carpenter Technology has Return on Asset of 0.0765 % which means that on every $100 spent on assets, it made $0.0765 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1472 %, implying that it generated $0.1472 on every 100 dollars invested. Carpenter Technology's management efficiency ratios could be used to measure how well Carpenter Technology manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.04 in 2025. Return On Capital Employed is likely to drop to 0.09 in 2025. At this time, Carpenter Technology's Non Currrent Assets Other are comparatively stable compared to the past year. Other Current Assets is likely to gain to about 113.6 M in 2025, whereas Non Current Assets Total are likely to drop slightly above 1.2 B in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 29.50 | 30.97 | |
| Tangible Book Value Per Share | 25.10 | 26.36 | |
| Enterprise Value Over EBITDA | 13.28 | 6.79 | |
| Price Book Value Ratio | 2.94 | 3.08 | |
| Enterprise Value Multiple | 13.28 | 6.79 | |
| Price Fair Value | 2.94 | 3.08 | |
| Enterprise Value | 944.5 M | 677.3 M |
The strategic initiatives led by Carpenter Technology's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Basic technical analysis of Carpenter Stock
As of the 18th of January 2025, Carpenter Technology shows the Risk Adjusted Performance of 0.1204, mean deviation of 1.93, and Downside Deviation of 2.36. Carpenter Technology technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Carpenter Technology standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Carpenter Technology is priced correctly, providing market reflects its regular price of 206.58 per share. Given that Carpenter Technology has jensen alpha of 0.3546, we suggest you to validate Carpenter Technology's prevailing market performance to make sure the company can sustain itself at a future point.Carpenter Technology's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Carpenter Technology insiders, such as employees or executives, is commonly permitted as long as it does not rely on Carpenter Technology's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Carpenter Technology insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Carpenter Technology's Outstanding Corporate Bonds
Carpenter Technology issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Carpenter Technology uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Carpenter bonds can be classified according to their maturity, which is the date when Carpenter Technology has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US144285AM55 Corp BondUS144285AM55 | View | |
| CARPENTER TECHNOLOGY P Corp BondUS144285AL72 | View | |
| International Game Technology Corp BondUS460599AD57 | View |
Understand Carpenter Technology's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Carpenter Technology's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1204 | |||
| Market Risk Adjusted Performance | 0.427 | |||
| Mean Deviation | 1.93 | |||
| Semi Deviation | 2.05 | |||
| Downside Deviation | 2.36 | |||
| Coefficient Of Variation | 736.3 | |||
| Standard Deviation | 2.66 | |||
| Variance | 7.09 | |||
| Information Ratio | 0.1334 | |||
| Jensen Alpha | 0.3546 | |||
| Total Risk Alpha | 0.3628 | |||
| Sortino Ratio | 0.1504 | |||
| Treynor Ratio | 0.417 | |||
| Maximum Drawdown | 15.36 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 4.47 | |||
| Downside Variance | 5.57 | |||
| Semi Variance | 4.19 | |||
| Expected Short fall | (2.06) | |||
| Skewness | 0.8125 | |||
| Kurtosis | 2.85 |
| Risk Adjusted Performance | 0.1204 | |||
| Market Risk Adjusted Performance | 0.427 | |||
| Mean Deviation | 1.93 | |||
| Semi Deviation | 2.05 | |||
| Downside Deviation | 2.36 | |||
| Coefficient Of Variation | 736.3 | |||
| Standard Deviation | 2.66 | |||
| Variance | 7.09 | |||
| Information Ratio | 0.1334 | |||
| Jensen Alpha | 0.3546 | |||
| Total Risk Alpha | 0.3628 | |||
| Sortino Ratio | 0.1504 | |||
| Treynor Ratio | 0.417 | |||
| Maximum Drawdown | 15.36 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 4.47 | |||
| Downside Variance | 5.57 | |||
| Semi Variance | 4.19 | |||
| Expected Short fall | (2.06) | |||
| Skewness | 0.8125 | |||
| Kurtosis | 2.85 |
Consider Carpenter Technology's intraday indicators
Carpenter Technology intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Carpenter Technology stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 19977.27 | |||
| Daily Balance Of Power | 0.9014 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 204.75 | |||
| Day Typical Price | 205.36 | |||
| Price Action Indicator | 4.76 | |||
| Period Momentum Indicator | 5.85 |
Carpenter Technology Corporate Filings
F4 | 3rd of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 19th of November 2024 Other Reports | ViewVerify | |
13A | 12th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
13A | 31st of October 2024 An amended filing to the original Schedule 13G | ViewVerify |
Carpenter Stock media impact
Far too much social signal, news, headlines, and media speculation about Carpenter Technology that are available to investors today. That information is available publicly through Carpenter media outlets and privately through word of mouth or via Carpenter internal channels. However, regardless of the origin, that massive amount of Carpenter data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Carpenter Technology news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Carpenter Technology relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Carpenter Technology's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Carpenter Technology alpha.
Carpenter Technology Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Carpenter Technology can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Carpenter Technology Maximum Pain Price Across March 21st 2025 Option Contracts
Carpenter Technology's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Carpenter Technology close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Carpenter Technology's options.
Carpenter Technology Corporate Directors
| Viola Acoff | Independent Director | Profile | |
| Stephen Ward | Independent Director | Profile | |
| Robert McMaster | Independent Director | Profile | |
| Jeffrey Wadsworth | Independent Director | Profile |
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.