Carpenter Technology Corp (NYSE:CRS) shares, rose in value, with the stock price down by -1.14% to the previous day’s close as strong demand from buyers drove the stock to $170.21.
Actively observing the price movement in the last trading, the stock closed the session at $172.18, falling within a range of $169.8 and $174.4. The value of beta (5-year monthly) was 1.286 whereas the PE ratio was 32.12 over 12-month period. Referring to stock’s 52-week performance, its high was $213.66, and the low was $75.73. On the whole, CRS has fluctuated by -10.70% over the past month.
With the market capitalization of Carpenter Technology Corp currently standing at about $8.50 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-29. The company’s Forward Dividend Ratio is 0.80, with its dividend yield at 0.47%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.94B, with a low estimate of 702M and a high estimate of 758M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 729.35M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CRS’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 0.97, with the price of CRS currently trading nearly -2.97% and -8.09% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.60, while the 7-day volatility ratio is showing 4.32% which for the 30-day chart, stands at 6.40%. Furthermore, Carpenter Technology Corp (CRS)’s beta value is 1.34, and its average true range (ATR) is 11.44.
A comparison of Carpenter Technology Corp (CRS) with its peers suggests the former has fared considerably weaker in the market. CRS showed an intraday change of -1.14% in last session, and over the past year, it grew by 119.57%%.
Data on historical trading for Carpenter Technology Corp (NYSE:CRS) indicates that the trading volumes over the past 10 days have averaged 1.02 and over the past 3 months, they’ve averaged 884.04K. According to company’s latest data on outstanding shares, there are 49.88 million shares outstanding.
Nearly 3.98% of Carpenter Technology Corp’s shares belong to company insiders and institutional investors own 93.90% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.36 million shares as on 2025-03-31, resulting in a short ratio of 4.01. According to the data, the short interest in Carpenter Technology Corp (CRS) stood at 941.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 3.25 million. The stock has risen by 0.29% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CRS stock heading into the next quarter.
