Carpenter: Q2 EPS Forecast for Carpenter Technology Lifted by Analyst

Carpenter Technology Co. ( NYSE:CRS - Free Report ) - Investment analysts at Zacks Research upped their Q2 2025 earnings per share estimates for shares of Carpenter Technology in a research report issued on Thursday, November 14th. Zacks Research analyst S. Deb now forecasts that the basic materials company will post earnings of $1.45 per share for the quarter, up from their prior estimate of $1.26. The consensus estimate for Carpenter Technology's current full-year earnings is $6.68 per share. Zacks Research also issued estimates for Carpenter Technology's Q3 2025 earnings at $1.50 EPS, Q4 2025 earnings at $1.73 EPS, Q3 2026 earnings at $1.71 EPS and Q4 2026 earnings at $2.00 EPS. Carpenter Technology ( NYSE:CRS - Get Free Report ) last released its quarterly earnings data on Thursday, October 24th. The basic materials company reported $1.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.58 by $0.15. Carpenter Technology had a return on equity of 18.01% and a net margin of 8.05%. The business had revenue of $717.60 million for the quarter, compared to the consensus estimate of $742.96 million. During the same quarter in the previous year, the company posted $0.88 EPS. The company's revenue was up 10.1% compared to the same quarter last year. View Our Latest Stock Analysis on CRS Carpenter Technology Stock Performance NYSE:CRS opened at $175.50 on Monday. The company has a debt-to-equity ratio of 0.42, a current ratio of 3.84 and a quick ratio of 2.00. Carpenter Technology has a 1 year low of $58.87 and a 1 year high of $182.52. The stock's 50 day simple moving average is $158.32 and its two-hundred day simple moving average is $132.98. The company has a market cap of $8.75 billion, a price-to-earnings ratio of 39.09, a PEG ratio of 0.88 and a beta of 1.46. Institutional Investors Weigh In On Carpenter Technology A number of hedge funds have recently made changes to their positions in the stock. Comerica Bank raised its stake in Carpenter Technology by 170.3% in the first quarter. Comerica Bank now owns 67,380 shares of the basic materials company's stock valued at $4,812,000 after buying an additional 42,449 shares during the last quarter. Seven Eight Capital LP acquired a new position in shares of Carpenter Technology in the first quarter valued at about $1,347,000. Moody National Bank Trust Division acquired a new position in shares of Carpenter Technology in the second quarter valued at about $1,208,000. Blair William & Co. IL acquired a new position in shares of Carpenter Technology in the first quarter valued at about $307,000. Finally, Vanguard Group Inc. increased its holdings in shares of Carpenter Technology by 0.3% in the first quarter. Vanguard Group Inc. now owns 5,686,022 shares of the basic materials company's stock valued at $406,096,000 after purchasing an additional 15,564 shares during the period. 92.03% of the stock is currently owned by hedge funds and other institutional investors. Carpenter Technology Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Tuesday, October 22nd will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.46%. The ex-dividend date of this dividend is Tuesday, October 22nd. Carpenter Technology's dividend payout ratio is 17.82%. About Carpenter Technology ( Get Free Report ) 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. See Also Five stocks we like better than Carpenter Technology What Are Trending Stocks? Trending Stocks Explained Warren Buffett, Cathie Wood Own Nu Holdings, Should You? Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance MercadoLibre Down 23% After Missed Earnings: Time to Buy the Dip? Where Do I Find 52-Week Highs and Lows? ORIC: Working with Two Pharma Giants, Analysts See +100% Upside Receive News & Ratings for Carpenter Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carpenter Technology and related companies with MarketBeat.com's FREE daily email newsletter .