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How to buy Carpenter Technology Corporation stock

Own Carpenter Technology Corporation stock in just a few minutes.

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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.

How to buy shares in Carpenter Technology Corporation

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Carpenter Technology Corporation. Find the stock by name or ticker symbol: CRS. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Carpenter Technology Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Carpenter Technology Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Carpenter Technology Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Carpenter Technology Corporation share price

Use our graph to track the performance of CRS stocks over time.

Carpenter Technology Corporation shares at a glance

Information last updated 2020-10-19.
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
PE ratio 924
Dividend yield USD$0.8 (4.33%)
Earnings per share (TTM) USD$0.02

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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.

Is it a good time to buy Carpenter Technology Corporation stock?

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.

Is Carpenter Technology Corporation under- or over-valued?

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 P/E ratio

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 PEG ratio

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

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.

Carpenter Technology Corporation financials

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%
Profit margin 0.07%
Book value $30.213
Market capitalisation USD$863 million

TTM: trailing 12 months

Shorting Carpenter Technology Corporation shares

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)

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.

Carpenter Technology Corporation share dividends

37%

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").

Have Carpenter Technology Corporation's shares ever split?

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.

Carpenter Technology Corporation share price volatility

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".

CRS.US volatility(beta: 2.1)Avg. volatility(beta: 1.00)LowHigh

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 overview

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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