Carpenter Technology Corporation (CRS) Sets 12-Month High at $59.25

May 16, 2018 - By Victoria Pittman

Carpenter Technology Corporation (NYSE:CRS) Corporate Logo

Big Money Sentiment decreased to 1.29 in Q4 2017. It has change of 0.10, from 2017Q3’s 1.39. The ratio fall due to Carpenter Technology Corporation positioning: 9 sold and 68 reduced. 38 funds amassed positions and 61 increased positions. Investors holded 43.55 million in 2017Q3 but now own 44.73 million shares or 2.70% more.
Northern Tru has invested 0.01% in Carpenter Technology Corporation (NYSE:CRS). Wells Fargo & Mn owns 175,931 shs for 0% of their capital. Morgan Stanley has invested 0% of its capital in Carpenter Technology Corporation (NYSE:CRS). Amundi Pioneer Asset Management Inc invested in 2,017 shs or 0% of the stock. The Ontario – Canada-based Bancshares Of Montreal Can has invested 0% in Carpenter Technology Corporation (NYSE:CRS). Magnetar Finance Ltd Liability Corporation holds 27,445 shs or 0.03% of its capital. Barclays Public Limited Company holds 50,964 shs or 0% of its capital. Strs Ohio invested in 0% or 1,600 shs. Fin Engines Limited Liability, California-based fund reported 11,634 shs. The Ontario – Canada-based Royal National Bank Of Canada has invested 0% in Carpenter Technology Corporation (NYSE:CRS). Ameriprise owns 0.02% invested in Carpenter Technology Corporation (NYSE:CRS) for 747,354 shs. Rice Hall James Assocs Limited Liability Corporation has 0.8% invested in Carpenter Technology Corporation (NYSE:CRS). Tompkins Corporation has 50 shs. Savings Bank Of America De invested in 246,508 shs. Rhumbline Advisers reported 0.01% in Carpenter Technology Corporation (NYSE:CRS).

Carpenter Technology Corporation had 5 sales and 0 insider purchases since May 1, 2018. This’s net activity of $994,818. $555,000 worth of Carpenter Technology Corporation (NYSE:CRS) was sold by KAROL STEVEN E. LAIN TIMOTHY sold $55,382 worth of stock. On Wednesday, May 9 a trade for 2,358 shs valued at $133,651 was made by WADSWORTH JEFFREY. $125,811 worth of Carpenter Technology Corporation (NYSE:CRS) shs were sold by INGLIS I MARTIN.

The company Carpenter Technology Corporation (NYSE:CRS) touched one-year high with $63.40 PT or 7.00 % above today’s $59.25 price per share. Barchart.com published the one-year high on May, 16. Carpenter Technology Corporation (NYSE:CRS) has $2.78 billion MC. At $63.40 stock PT, the company valuation changes by $194.67M more.

The stock increased 1.63% or $0.95 during the last trading session, touching $59.25.Carpenter Technology Corporation has 470,962 shares volume, 9.50% up from normal. CRS is uptrending and has moved 19.91% since May 16, 2017. CRS outperformed by 8.36% the S&P 500.

On July, 26 is expected Carpenter Technology Corporation (NYSE:CRS)’s earnings report, according to RTT. Analysts forecast $0.75 earnings per share, which is $0.17 up or 29.31 % from 2017’s $0.58 earnings per share. The profit will be $35.20 million for CRS if $0.75 earnings per share becomes true. Wall Street now predicts 25.00 % EPS growth despite Carpenter Technology Corporation last quarter’s EPS of $0.60.

Carpenter Technology Corporation (NYSE:CRS) Ratings Coverage

In total 3 analysts cover Carpenter Technology (NYSE:CRS). “Buy” rating has 2, “Sell” are 0, while 1 are “Hold”. (NYSE:CRS) has 67% bullish analysts. With $60.0 highest and $49 lowest target price, Carpenter Technology has $54.50 average target price or -8.02% below the current ($59.25) price. 3 are the (NYSE:CRS)’s ratings reports on May 16, 2018 according to StockzIntelligence Inc. On Monday, January 22 the company was maintained by Seaport Global. The company rating was maintained by Deutsche Bank on Wednesday, April 11. On Friday, April 27 the stock of Carpenter Technology Corporation (NYSE:CRS) earned “Outperform” rating by Cowen & Co.

Another two news for Carpenter Technology Corporation (NYSE:CRS) were recently published by: Globenewswire.com on April 18, 2018 with title “Carpenter Declares Quarterly Cash Dividend”. The other Globenewswire.com‘s article was titled “Carpenter Technology to Participate in the Credit Suisse Additive Manufacturing Symposium” and published on May 03, 2018.

Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide.The firm is valued at $2.78 billion. It operates through two divisions, Specialty Alloys Operations and Performance Engineered Products.17.45 is the P/E ratio. The firm develops, makes, and distributes cast/wrought and powder metal stainless steels and special alloys, including iron-nickel-cobalt base, stainless, superior corrosion resistant, and controlled expansion alloys; ultra-high strength and implantable alloys; tools and die steels; and other specialty metals, as well as cast/wrought titanium alloys.

Carpenter Technology Corporation (NYSE:CRS) Institutional Investors Chart

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