Carpenter Technology Corporation (CRS) Hit 12-Month High at $59.25 on May, 16

May 16, 2018 - By Michele Cranor

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 dropped due to Carpenter Technology Corporation positioning: 9 sold and 68 reduced. 38 funds acquired holdings and 61 increased holdings. Investors holded 43.55 million in 2017Q3 but now own 44.73 million shares or 2.70% more.
California Public Employees Retirement Sys has invested 0.01% in Carpenter Technology Corporation (NYSE:CRS). Profund Ltd invested in 10,301 shs. Riverhead Capital Management Limited Liability Corporation, a Delaware-based fund reported 4,052 shs. Aqr Capital Management Ltd has invested 0% of its capital in Carpenter Technology Corporation (NYSE:CRS). Jane Street Group Incorporated Limited Liability Corp reported 4,329 shs stake. Wells Fargo And Mn invested in 0% or 175,931 shs. Asset Inc has invested 0.01% in Carpenter Technology Corporation (NYSE:CRS). Comerica Bank has invested 0.02% of its capital in Carpenter Technology Corporation (NYSE:CRS). Zurcher Kantonalbank (Zurich Cantonalbank) owns 2,441 shs. Tributary Capital Limited Liability Company accumulated 252,222 shs. Stratos Wealth Partners holds 22 shs or 0% of its capital. Paradigm Cap Ny has invested 0.07% in Carpenter Technology Corporation (NYSE:CRS). Teton Advsrs Inc holds 0.05% or 11,600 shs in its capital. Pnc Fincl Serv holds 0.01% or 239,560 shs in its capital. Eagle Asset Mngmt invested 0.03% of its capital in Carpenter Technology Corporation (NYSE:CRS).

Carpenter Technology Corporation had 5 selling transactions and 0 insider buys since May 1, 2018. This’s net activity of $994,818. The insider LAIN TIMOTHY sold $55,382. $133,651 worth of stock was sold by WADSWORTH JEFFREY on Wednesday, May 9. The insider TURNER KATHRYN C sold $124,974. On Friday, May 4 10,000 shs were sold by KAROL STEVEN E, worth $555,000.

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.

CRS is touching $59.25 during the last trading session, after increased 1.63%.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&P500.

Carpenter Technology Corporation (NYSE:CRS)’s earnings report is anticipated on July, 26., according to Faxor. earnings per share of $0.75 is 29.31 % up from 2017’s $0.58 EPS. If the current earnings per share of $0.75 is accurate, CRS’s profit could be $35.20M. 25.00 % EPS growth is what Wall Street’s forecasts after $0.60 reported EPS last quarter.

Carpenter Technology Corporation (NYSE:CRS) Ratings Coverage

A total of 3 analysts rate Carpenter Technology (NYSE:CRS) as follows: 2 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 67% are bullish. The firm has $60.0 highest and $49 lowest target. The avg target $54.50 is -8.02% below the last ($59.25) price. (NYSE:CRS) has 3 ratings reports on May 16, 2018 according to StockzIntelligence. On Wednesday, April 11 the rating was maintained by Deutsche Bank with “Hold”. The stock rating was upgraded by Cowen & Co to “Outperform” on Friday, April 27. On Monday, January 22 the company was maintained by Seaport Global.

Another two news for Carpenter Technology Corporation (NYSE:CRS) were recently posted 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 posted on May 03, 2018.

Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide.The company has $2.78 billion market cap. 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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.