For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Carpenter Technology Corp’s stock clocked out at $186.18, down -2.32% from its previous closing price of $190.61. In other words, the price has decreased by -$2.32 from its previous closing price. On the day, 0.56 million shares were traded. CRS stock price reached its highest trading level at $190.7079 during the session, while it also had its lowest trading level at $185.5652.
Ratios:
To gain a deeper understanding of CRS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 57.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.38. For the most recent quarter (mrq), Quick Ratio is recorded 1.92 and its Current Ratio is at 3.80. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.40.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JP Morgan on November 22, 2024, initiated with a Overweight rating and assigned the stock a target price of $220.
On July 30, 2024, BTIG Research reiterated its Buy rating and also lowered its target price recommendation from $120 to $165.
On June 26, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $120.BTIG Research initiated its Buy rating on June 26, 2024, with a $120 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 04 ’25 when ACOFF VIOLA L sold 4,000 shares for $201.83 per share. The transaction valued at 807,326 led to the insider holds 0 shares of the business.
VIOLA L. ACOFF bought 4,000 shares of CRS for $807,326 on Mar 04 ’25. On Nov 20 ’24, another insider, LAIN TIMOTHY, who serves as the SVP and CFO of the company, sold 3,250 shares for $183.10 each. As a result, the insider received 595,091 and left with 95,038 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRS now has a Market Capitalization of 9299430400 and an Enterprise Value of 9839637504. As of this moment, Carpenter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.14, and their Forward P/E ratio for the next fiscal year is 20.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.23 while its Price-to-Book (P/B) ratio in mrq is 5.41. Its current Enterprise Value per Revenue stands at 3.419 whereas that against EBITDA is 17.704.
Stock Price History:
The Beta on a monthly basis for CRS is 1.27, which has changed by 1.7395527 over the last 52 weeks, in comparison to a change of 0.08190584 over the same period for the S&P500. Over the past 52 weeks, CRS has reached a high of $213.66, while it has fallen to a 52-week low of $67.24. The 50-Day Moving Average of the stock is -4.18%, while the 200-Day Moving Average is calculated to be 16.84%.
Shares Statistics:
It appears that CRS traded 962.06K shares on average per day over the past three months and 886860 shares per day over the past ten days. A total of 49.88M shares are outstanding, with a floating share count of 47.96M. Insiders hold about 3.98% of the company’s shares, while institutions hold 93.53% stake in the company. Shares short for CRS as of 1740700800 were 3246788 with a Short Ratio of 3.37, compared to 1738281600 on 2788179. Therefore, it implies a Short% of Shares Outstanding of 3246788 and a Short% of Float of 9.1000006.
Dividends & Splits
With its trailing 12-month dividend rate of 0.8, CRS has a forward annual dividend rate of 0.80. Against a Trailing Annual Dividend Yield of 0.0041970517The stock’s 5-year Average Dividend Yield is 1.98. The current Payout Ratio is 21.61% for CRS, which recently paid a dividend on 2025-01-28 with an ex-dividend date of 1738022400. Stock splits for the company last occurred on 2007-11-16 when the company split stock in a 2:1 ratio.
