Carpenter Technology (CRS) Projected to Post Earnings on Thursday

Carpenter Technology ( NYSE:CRS – Get Free Report ) is projected to post its quarterly earnings results before the market opens on Thursday, April 24th. Analysts expect Carpenter Technology to post earnings of $1.74 per share and revenue of $729.

67 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link . Carpenter Technology ( NYSE:CRS – Get Free Report ) last announced its earnings results on Thursday, January 30th.



The basic materials company reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.58 by $0.

08. Carpenter Technology had a return on equity of 19.88% and a net margin of 9.

34%. On average, analysts expect Carpenter Technology to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year. Carpenter Technology Stock Performance Shares of NYSE:CRS opened at $172.

14 on Thursday. The business’s 50 day moving average price is $184.47 and its 200-day moving average price is $180.

51. Carpenter Technology has a 1 year low of $75.73 and a 1 year high of $213.

66. The company has a debt-to-equity ratio of 0.40, a current ratio of 3.

80 and a quick ratio of 1.92. The firm has a market capitalization of $8.

60 billion, a PE ratio of 32.48, a P/E/G ratio of 0.93 and a beta of 1.

28. Carpenter Technology Dividend Announcement Wall Street Analysts Forecast Growth A number of equities analysts recently weighed in on the stock. Northcoast Research upgraded shares of Carpenter Technology from a “sell” rating to a “neutral” rating in a research report on Wednesday, April 9th.

BTIG Research set a $230.00 price target on Carpenter Technology in a research report on Friday, January 31st. Finally, JPMorgan Chase & Co.

lifted their price objective on Carpenter Technology from $235.00 to $240.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 19th.

One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $167.

17. Read Our Latest Stock Analysis on CRS Carpenter Technology Company Profile ( Get Free Report ) 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. Recommended Stories Receive News & Ratings for Carpenter Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carpenter Technology and related companies with MarketBeat.com's FREE daily email newsletter .

.