Take off with Carpenter Technology Corp. (CRS): Get ready for trading

With 0.52 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.57 million shares. During the session, the Metal Fabrication company that operates in wider Industrials sector, reached to the highest price of $105.05 whereas the lowest price it dropped to was $101.27. The 52-week range on CRS shows that it touched its highest point at $112.75 and its lowest point at $50.18 during that stretch. It currently has a 1-year price target of $132.50. With its current market cap of 5.16 billion, CRS has annualized dividend of $0.80 while the current yield stands at 0.77%. Beta for the stock currently stands at 1.44.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CRS was down-trending over the past week, with a drop of -4.95%, but this was down by -2.01% over a month. Three-month performance surged to 54.99% while six-month performance rose 61.31%. The stock gained 100.58% in the past year, while it has gained 46.86% so far this year. A look at the trailing 12-month EPS for CRS yields 2.62 with Next year EPS estimates of 5.94. For the next quarter, that number is 1.50. This implies an EPS growth rate of 288.38% for this year and 34.11% for next year. EPS is expected to grow by 22.87% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -21.93%.

Float and Shares Shorts:

At present, 48.64 million CRS shares are outstanding with a float of 47.15 million shares on hand for trading. On 2024-05-15, short shares totaled 1.46 million, which was 295.0 higher than short shares on 1713139200. In addition to Mr. Tony R. Thene as the firm’s President, CEO & Director, Mr. Timothy Lain serves as its Senior VP & CFO.

Institutional Ownership:

Through their ownership of 0.94768995 of CRS’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, CRS reported revenue of $684900000.0 and operating income of $90000000.0. The EBITDA in the recently reported quarter was $124200000.0 and diluted EPS was $0.12.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CRS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.