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Carpenter Technology Corporation is a metal fabrication business based in the US. Carpenter Technology Corporation shares (CRS) are listed on the NYSE and all prices are listed in US Dollars. Carpenter Technology Corporation employs 4,600 staff and has a trailing 12-month revenue of around USD$2.2 billion.
|52-week range||USD$13.6 - USD$54.9|
|50-day moving average||USD$19.3029|
|200-day moving average||USD$21.6543|
|Wall St. target price||USD$27|
|Dividend yield||USD$0.8 (4.33%)|
|Earnings per share (TTM)||USD$0.02|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Valuing Carpenter Technology Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Carpenter Technology Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Carpenter Technology Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 924x. In other words, Carpenter Technology Corporation shares trade at around 924x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Carpenter Technology Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.0712. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Carpenter Technology Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Carpenter Technology Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$273.5 million.
The EBITDA is a measure of a Carpenter Technology Corporation's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$2.2 billion|
|Operating margin TTM||7.1%|
|Gross profit TTM||USD$358.7 million|
|Return on assets TTM||3.02%|
|Return on equity TTM||0.1%|
|Market capitalisation||USD$863 million|
TTM: trailing 12 months
There are currently 1.3 million Carpenter Technology Corporation shares held short by investors – that's known as Carpenter Technology Corporation's "short interest". This figure is 22.5% up from 1.1 million last month.
There are a few different ways that this level of interest in shorting Carpenter Technology Corporation shares can be evaluated.
Carpenter Technology Corporation's "short interest ratio" (SIR) is the quantity of Carpenter Technology Corporation shares currently shorted divided by the average quantity of Carpenter Technology Corporation shares traded daily (recently around 466855.23465704). Carpenter Technology Corporation's SIR currently stands at 2.77. In other words for every 100,000 Carpenter Technology Corporation shares traded daily on the market, roughly 2770 shares are currently held short.
However Carpenter Technology Corporation's short interest can also be evaluated against the total number of Carpenter Technology Corporation shares, or, against the total number of tradable Carpenter Technology Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Carpenter Technology Corporation's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Carpenter Technology Corporation shares in existence, roughly 30 shares are currently held short) or 0.0353% of the tradable shares (for every 100,000 tradable Carpenter Technology Corporation shares, roughly 35 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Carpenter Technology Corporation.
Find out more about how you can short Carpenter Technology Corporation stock.
Dividend payout ratio: 36.53% of net profits
Recently Carpenter Technology Corporation has paid out, on average, around 36.53% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.33% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Carpenter Technology Corporation shareholders could enjoy a 4.33% return on their shares, in the form of dividend payments. In Carpenter Technology Corporation's case, that would currently equate to about $0.8 per share.
While Carpenter Technology Corporation's payout ratio might seem fairly standard, it's worth remembering that Carpenter Technology Corporation may be investing much of the rest of its net profits in future growth.
Carpenter Technology Corporation's most recent dividend payout was on 3 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 26 October 2020 (the "ex-dividend date").
Carpenter Technology Corporation's shares were split on a 2:1 basis on 16 November 2007. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Carpenter Technology Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Carpenter Technology Corporation shares which in turn could have impacted Carpenter Technology Corporation's share price.
Over the last 12 months, Carpenter Technology Corporation's shares have ranged in value from as little as $13.6 up to $54.9. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Carpenter Technology Corporation's is 2.0982. This would suggest that Carpenter Technology Corporation's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. 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 drilling tools, and metal powders and parts. It serves aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.
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