Carpenter Technology Corp. (CRS) posted a 4.70% change over the last five days signaling a new trend

Carpenter Technology Corp. (NYSE: CRS) kicked off on Monday, up 6.80% from the previous trading day, before settling in for the closing price of $155.47. Over the past 52 weeks, CRS has traded in a range of $58.87-$166.51.

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Industrials Sector giant saw their annual sales surged by 6.17% over the last five years. While this was happening, its average annual earnings per share was recorded 41.39%. With a float of $47.17 million, this company’s outstanding shares have now reached $49.78 million.

The firm has a total of 4600 workers. Let’s measure their productivity. In terms of profitability, gross margin is 22.74%, operating margin of 14.32%, and the pretax margin is 9.21%.

Carpenter Technology Corp. (CRS) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Metal Fabrication Industry. The insider ownership of Carpenter Technology Corp. is 5.36%, while institutional ownership is 91.81%. The most recent insider transaction that took place on Sep 17 ’24, was worth 107,722. In this transaction Director of this company sold 750 shares at a rate of $143.63, taking the stock ownership to the 4,253 shares. Before that another transaction happened on Sep 17 ’24, when Company’s Director proposed sale 750 for $143.63, making the entire transaction worth $107,723.

Carpenter Technology Corp. (CRS) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.85 earnings per share (EPS), higher than consensus estimate (set at 0.85) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.62 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 41.39% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 29.72% during the next five years compared to 1.52% growth over the previous five years of trading.

Carpenter Technology Corp. (NYSE: CRS) Trading Performance Indicators

Take a look at Carpenter Technology Corp.’s (CRS) current performance indicators. Last quarter, stock had a quick ratio of 2.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.93. Likewise, its price to free cash flow for the trailing twelve months is 40.13.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.49, a number that is poised to hit 1.53 in the next quarter and is forecasted to reach 7.76 in one year’s time.

Technical Analysis of Carpenter Technology Corp. (CRS)

Analysing the last 5-days average volume posted by the [Carpenter Technology Corp., CRS], we can find that recorded value of 0.89 million was better than the volume posted last year of 0.59 million. As of the previous 9 days, the stock’s Stochastic %D was 71.66%. Additionally, its Average True Range was 5.50.

During the past 100 days, Carpenter Technology Corp.’s (CRS) raw stochastic average was set at 99.12%, which indicates a significant increase from 97.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.90% in the past 14 days, which was lower than the 41.81% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $150.71, while its 200-day Moving Average is $106.76. Now, the first resistance to watch is $169.33. This is followed by the second major resistance level at $172.63. The third major resistance level sits at $178.58. If the price goes on to break the first support level at $160.08, it is likely to go to the next support level at $154.13. Now, if the price goes above the second support level, the third support stands at $150.83.

Carpenter Technology Corp. (NYSE: CRS) Key Stats

The company with the Market Capitalisation of 8.28 billion has total of 49,608K Shares Outstanding. Its annual sales at the moment are 2,760 M in contrast with the sum of 186,500 K annual income. Company’s last quarter sales were recorded 717,600 K and last quarter income was 84,800 K.