Zacks Research Weighs in on Carpenter Technology Co.’s Q1 2025 Earnings (NYSE:CRS)

Carpenter Technology Co. (NYSE:CRS) – Stock analysts at Zacks Research raised their Q1 2025 earnings estimates for shares of Carpenter Technology in a report issued on Monday, July 22nd. Zacks Research analyst S. Deb now anticipates that the basic materials company will post earnings of $0.94 per share for the quarter, up from their previous forecast of $0.86. The consensus estimate for Carpenter Technology’s current full-year earnings is $4.44 per share. Zacks Research also issued estimates for Carpenter Technology’s Q2 2025 earnings at $1.08 EPS, Q4 2025 earnings at $1.65 EPS, Q1 2026 earnings at $1.27 EPS, Q2 2026 earnings at $1.22 EPS and Q4 2026 earnings at $1.63 EPS.

Carpenter Technology (NYSE:CRS) last released its quarterly earnings data on Wednesday, May 1st. The basic materials company reported $1.19 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.25. The company had revenue of $684.90 million during the quarter, compared to analyst estimates of $707.73 million. Carpenter Technology had a net margin of 4.83% and a return on equity of 12.75%. Carpenter Technology’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.38 EPS.

Several other analysts have also issued reports on CRS. BTIG Research initiated coverage on shares of Carpenter Technology in a research note on Wednesday, June 26th. They issued a “buy” rating and a $120.00 target price for the company. Northcoast Research reiterated a “sell” rating and set a $89.00 price target on shares of Carpenter Technology in a research report on Friday, June 14th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Carpenter Technology in a research report on Tuesday, June 25th. They issued a “buy” rating and a $144.00 price objective on the stock. TD Cowen upped their price objective on shares of Carpenter Technology from $116.00 to $125.00 and gave the stock a “buy” rating in a research report on Monday, June 10th. Finally, Benchmark reiterated a “buy” rating and set a $140.00 price target on shares of Carpenter Technology in a research report on Tuesday, May 28th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Carpenter Technology currently has a consensus rating of “Moderate Buy” and a consensus price target of $123.60.

Carpenter Technology Stock Performance

NYSE CRS opened at $134.61 on Wednesday. Carpenter Technology has a 1 year low of $55.92 and a 1 year high of $144.40. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.20 and a quick ratio of 1.45. The firm has a market cap of $6.68 billion, a price-to-earnings ratio of 51.18 and a beta of 1.44. The company has a fifty day moving average price of $109.06 and a 200-day moving average price of $85.82.

Insider Buying and Selling at Carpenter Technology

In other news, Director Steven E. Karol sold 31,000 shares of the firm’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $100.57, for a total transaction of $3,117,670.00. Following the completion of the transaction, the director now directly owns 244,126 shares in the company, valued at $24,551,751.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Steven E. Karol sold 31,000 shares of Carpenter Technology stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $100.57, for a total value of $3,117,670.00. Following the completion of the sale, the director now directly owns 244,126 shares in the company, valued at approximately $24,551,751.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Elizabeth A. Socci sold 802 shares of Carpenter Technology stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $102.11, for a total value of $81,892.22. Following the completion of the sale, the vice president now owns 11,509 shares of the company’s stock, valued at $1,175,183.99. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 59,678 shares of company stock valued at $6,261,693. 3.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of CRS. Cape Investment Advisory Inc. purchased a new position in Carpenter Technology in the fourth quarter worth about $29,000. Whittier Trust Co. purchased a new position in shares of Carpenter Technology during the 1st quarter valued at about $30,000. Johnson Financial Group Inc. purchased a new position in shares of Carpenter Technology during the 4th quarter valued at about $31,000. Westend Capital Management LLC purchased a new position in shares of Carpenter Technology during the 1st quarter valued at about $36,000. Finally, Covestor Ltd lifted its position in shares of Carpenter Technology by 469.2% during the 1st quarter. Covestor Ltd now owns 831 shares of the basic materials company’s stock valued at $59,000 after buying an additional 685 shares in the last quarter. 92.03% of the stock is owned by hedge funds and other institutional investors.

About Carpenter Technology

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.