On Monday, Carpenter Technology Corp (NYSE: CRS) opened lower -4.82% from the last session, before settling in for the closing price of $193.52. Price fluctuations for CRS have ranged from $58.87 to $198.24 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 6.17% over the past five years. Company’s average yearly earnings per share was noted 44.67% at the time writing. With a float of $47.29 million, this company’s outstanding shares have now reached $49.84 million.
Let’s look at the performance matrix of the company that is accounted for 4600 employees. 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 Updates
A key investor’s attitude towards the stock of the Metal Fabrication industry is another important factor to consider. The insider ownership of Carpenter Technology Corp is 5.12%, while institutional ownership is 92.26%. The most recent insider transaction that took place on Nov 20 ’24, was worth 595,091. In this transaction SVP and CFO of this company sold 3,250 shares at a rate of $183.10, taking the stock ownership to the 95,038 shares. Before that another transaction happened on Nov 20 ’24, when Company’s President and CEO sold 28,500 for $181.10, making the entire transaction worth $5,161,263. This insider now owns 494,206 shares in total.
Carpenter Technology Corp (CRS) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 44.67% 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
Check out the current performance indicators for Carpenter Technology Corp (CRS). In the past 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 3.25. Likewise, its price to free cash flow for the trailing twelve months is 44.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.49, a number that is poised to hit 1.59 in the next quarter and is forecasted to reach 7.98 in one year’s time.
Technical Analysis of Carpenter Technology Corp (CRS)
Carpenter Technology Corp (NYSE: CRS) saw its 5-day average volume 0.65 million, a positive change from its year-to-date volume of 0.59 million. As of the previous 9 days, the stock’s Stochastic %D was 49.18%. Additionally, its Average True Range was 6.34.
During the past 100 days, Carpenter Technology Corp’s (CRS) raw stochastic average was set at 82.70%, which indicates a significant increase from 39.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.81% in the past 14 days, which was lower than the 44.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $170.78, while its 200-day Moving Average is $123.50. Nevertheless, the first resistance level for the watch stands at $190.22 in the near term. At $196.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $201.62. If the price goes on to break the first support level at $178.82, it is likely to go to the next support level at $173.44. Assuming the price breaks the second support level, the third support level stands at $167.42.
Carpenter Technology Corp (NYSE: CRS) Key Stats
There are currently 49,845K shares outstanding in the company with a market cap of 9.18 billion. Presently, the company’s annual sales total 2,760 M according to its annual income of 186,500 K. Last quarter, the company’s sales amounted to 717,600 K and its income totaled 84,800 K.
