Carpenter Technology Corp (CRS) Moves -6.31% Lower: These Numbers are Too Good to be True

Carpenter Technology Corp (NYSE: CRS) open the trading on Thursday, with a bit cautious approach as it glided -6.31% to $149.50, before settling in for the price of $159.57 at the close. Taking a more long-term approach, CRS posted a 52-week range of $58.87-$166.67.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The Industrials sector firm’s twelve-monthly sales growth has been 6.17% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 1.52%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 41.39%. This publicly-traded company’s shares outstanding now amounts to $49.78 million, simultaneously with a float of $47.17 million. The organization now has a market capitalization sitting at $7.45 billion. At the time of writing, stock’s 50-day Moving Average stood at $151.51, while the 200-day Moving Average is $108.14.

Carpenter Technology Corp (CRS) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Metal Fabrication industry. Carpenter Technology Corp’s current insider ownership accounts for 5.36%, in contrast to 91.21% institutional ownership. According to the most recent insider trade that took place on Sep 17 ’24, this organization’s Director sold 750 shares at the rate of 143.63, making the entire transaction reach 107,722 in total value, affecting insider ownership by 4,253.

Carpenter Technology Corp (CRS) Earnings and Revenue Records

Carpenter Technology Corp’s EPS increase for this current 12-month fiscal period is 41.39% and is forecasted to reach 7.76 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 29.72% through the next 5 years, which can be compared against the 1.52% growth it accomplished over the previous five years trading on the market.

Carpenter Technology Corp (NYSE: CRS) Trading Performance Indicators

Let’s observe the current performance indicators for Carpenter Technology Corp (CRS). It’s Quick Ratio in the last reported quarter now stands at 2.00. The Stock has managed to achieve an average true range (ATR) of 5.79. Alongside those numbers, its PE Ratio stands at $33.29, and its Beta score is 1.46. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.64. Similarly, its price to free cash flow for trailing twelve months is now 36.14.

In the same vein, CRS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.49, a figure that is expected to reach 1.53 in the next quarter, and analysts are predicting that it will be 7.76 at the market close of one year from today.

Technical Analysis of Carpenter Technology Corp (CRS)

[Carpenter Technology Corp, CRS] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 57.11% While, its Average True Range was 6.23.

Raw Stochastic average of Carpenter Technology Corp (CRS) in the period of the previous 100 days is set at 75.99%, which indicates a major rise in contrast to 21.63% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 44.30% that was higher than 43.35% volatility it exhibited in the past 100-days period.