Carpenter Technology Corporation

Company Profile

Carpenter Technology Corporation had its IPO on 1987-11-05 under the ticker symbol CRS.

The company operates in the Industrials sector and Metal Fabrication industry. Carpenter Technology Corporation has a staff strength of 4,100 employees.

Stock update

Shares of Carpenter Technology Corporation opened at $63.28 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $63.02 - $64.92, and closed at $64.27.

This is a +0.48% increase from the previous day's closing price.

A total volume of 343,465 shares were traded at the close of the day’s session.

In the last one week, shares of Carpenter Technology Corporation have slipped by -0.09%.

Carpenter Technology Corporation's Key Ratios

Carpenter Technology Corporation has a market cap of $2.34 billion, indicating a price to book ratio of 1.4747 and a price to sales ratio of 0.9197.

In the last 12-months Carpenter Technology Corporation’s revenue was $2.36 billion with a gross profit of $143.80 million and an EBITDA of $201.80 million. The EBITDA ratio measures Carpenter Technology Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Carpenter Technology Corporation’s operating margin was 3.75% while its return on assets stood at 1.75% with a return of equity of 1.54%.

In Q1, Carpenter Technology Corporation’s quarterly earnings growth was a negative -21.9% while revenue growth was a positive 41.1%.

Carpenter Technology Corporation’s PE and PEG Ratio

Forward PE

15.674

Trailing PE

114.6429

PEG

1.5913

Its diluted EPS in the last 12-months stands at $0.42 per share while it has a forward price to earnings multiple of 15.674 and a PEG multiple of 1.5913. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Carpenter Technology Corporation’s profitability.

Carpenter Technology Corporation stock is trading at a EV to sales ratio of 1.3066 and a EV to EBITDA ratio of 19.3986. Its price to sales ratio in the trailing 12-months stood at 0.9197.

Carpenter Technology Corporation stock pays annual dividends of $0.8 per share, indicating a yield of 1.66% and a payout ratio of 1.89%.

Balance sheet and cash flow metrics

Total Assets

$3.09 billion

Total Liabilities

$544.00 million

Operating Cash Flow

$-20500000.00

Capital Expenditure

$20.50 million

Dividend Payout Ratio

1.89%

Carpenter Technology Corporation ended 2024 with $3.09 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.09 billion while shareholder equity stood at $1.33 billion.

Carpenter Technology Corporation ended 2024 with $159.90 million in deferred long-term liabilities, $544.00 million in other current liabilities, 280300000.00 in common stock, $1.20 billion in retained earnings and $241.40 million in goodwill. Its cash balance stood at $22.30 million and cash and short-term investments were $22.30 million. The company’s total short-term debt was $117,600,000 while long-term debt stood at $692.70 million.

Carpenter Technology Corporation’s total current assets stands at $1.33 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $515.50 million compared to accounts payable of $288.00 million and inventory worth $710.40 million.

In 2024, Carpenter Technology Corporation's operating cash flow was $-20500000.00 while its capital expenditure stood at $20.50 million.

Comparatively, Carpenter Technology Corporation paid $0.02 in dividends in 2024.

Other key metrics

Current Trading Price

$64.27

52-Week High

$54.89

52-Week Low

$24.3023

Analyst Target Price

$62.5

Carpenter Technology Corporation stock is currently trading at $64.27 per share. It touched a 52-week high of $54.89 and a 52-week low of $54.89. Analysts tracking the stock have a 12-month average target price of $62.5.

Its 50-day moving average was $58.47 and 200-day moving average was $48.79 The short ratio stood at 3.09 indicating a short percent outstanding of 0%.

Around 236.5% of the company’s stock are held by insiders while 9404.7% are held by institutions.