Q2 EPS Estimate for Carpenter Technology Lifted by Analyst

Carpenter Technology Co. (NYSE:CRS) – Research analysts at Zacks Research lifted their Q2 2025 earnings estimates for shares of Carpenter Technology in a research report issued to clients and investors on Thursday, November 14th. Zacks Research analyst S. Deb now expects that the basic materials company will earn $1.45 per share for the quarter, up from their previous forecast of $1.26. The consensus estimate for Carpenter Technology’s current full-year earnings is $6.68 per share. Zacks Research also issued estimates for Carpenter Technology’s Q3 2025 earnings at $1.50 EPS, Q4 2025 earnings at $1.73 EPS, Q3 2026 earnings at $1.71 EPS and Q4 2026 earnings at $2.00 EPS.

A number of other equities research analysts have also recently issued reports on CRS. BTIG Research upped their target price on Carpenter Technology from $120.00 to $165.00 and gave the stock a “buy” rating in a research report on Tuesday, July 30th. Benchmark reaffirmed a “buy” rating and set a $175.00 price objective on shares of Carpenter Technology in a report on Friday, October 25th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $139.60.

Carpenter Technology Stock Performance

CRS opened at $184.68 on Monday. The stock has a 50-day moving average of $160.15 and a 200-day moving average of $134.11. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.00 and a current ratio of 3.84. Carpenter Technology has a 52-week low of $58.87 and a 52-week high of $184.85. The company has a market cap of $9.21 billion, a PE ratio of 41.13, a price-to-earnings-growth ratio of 0.88 and a beta of 1.46.

Carpenter Technology (NYSE:CRS) last posted its earnings results on Thursday, October 24th. The basic materials company reported $1.73 EPS for the quarter, topping the consensus estimate of $1.58 by $0.15. Carpenter Technology had a net margin of 8.05% and a return on equity of 18.01%. The firm had revenue of $717.60 million for the quarter, compared to the consensus estimate of $742.96 million. During the same period in the prior year, the business posted $0.88 earnings per share. The business’s quarterly revenue was up 10.1% on a year-over-year basis.

Institutional Investors Weigh In On Carpenter Technology

Hedge funds have recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in Carpenter Technology by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 5,686,022 shares of the basic materials company’s stock valued at $406,096,000 after purchasing an additional 15,564 shares during the period. FMR LLC raised its position in shares of Carpenter Technology by 47.1% during the third quarter. FMR LLC now owns 3,465,295 shares of the basic materials company’s stock valued at $552,992,000 after buying an additional 1,108,963 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Carpenter Technology by 1.6% in the third quarter. Geode Capital Management LLC now owns 1,100,204 shares of the basic materials company’s stock valued at $175,607,000 after buying an additional 17,497 shares during the period. American Century Companies Inc. grew its position in Carpenter Technology by 129.5% during the second quarter. American Century Companies Inc. now owns 849,097 shares of the basic materials company’s stock worth $93,044,000 after buying an additional 479,047 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Carpenter Technology by 15.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 769,485 shares of the basic materials company’s stock valued at $122,794,000 after acquiring an additional 103,559 shares during the period. 92.03% of the stock is owned by institutional investors.

Carpenter Technology Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Tuesday, October 22nd will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, October 22nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.43%. Carpenter Technology’s dividend payout ratio (DPR) is presently 17.82%.

Carpenter Technology Company Profile

Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts.