On Tuesday, Carpenter Technology Corp (NYSE: CRS) was 4.47% up from the session before settling in for the closing price of $154.23. A 52-week range for CRS has been $58.87 – $166.67.
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Industrials Sector giant saw their annual sales surged by 6.17% over the last five years. When this article was written, the company’s average yearly earnings per share was at 43.21%. 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) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Carpenter Technology Corp stocks. The insider ownership of Carpenter Technology Corp is 5.36%, while institutional ownership is 90.58%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 43.21% 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
You can see what Carpenter Technology Corp (CRS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.84. Likewise, its price to free cash flow for the trailing twelve months is 38.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.49, a number that is poised to hit 1.57 in the next quarter and is forecasted to reach 7.81 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 0.65 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 55.42%. Additionally, its Average True Range was 5.85.
During the past 100 days, Carpenter Technology Corp’s (CRS) raw stochastic average was set at 92.24%, which indicates a significant increase from 74.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.21% in the past 14 days, which was higher than the 44.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $152.32, while its 200-day Moving Average is $109.49. Now, the first resistance to watch is $163.44. This is followed by the second major resistance level at $165.76. The third major resistance level sits at $170.32. If the price goes on to break the first support level at $156.56, it is likely to go to the next support level at $152.00. Should the price break the second support level, the third support level stands at $149.68.
Carpenter Technology Corp (NYSE: CRS) Key Stats
There are 49,845K outstanding shares of the company, which has a market capitalization of 8.03 billion. As of now, sales total 2,760 M while income totals 186,500 K. Its latest quarter income was 717,600 K while its last quarter net income were 84,800 K.
