Q1 EPS Estimate for Carpenter Technology Boosted by Analyst

Carpenter Technology Co. (NYSE:CRS) – Equities research analysts at Zacks Research raised their Q1 2026 earnings estimates for shares of Carpenter Technology in a research note issued on Wednesday, January 15th. Zacks Research analyst S. Deb now forecasts that the basic materials company will post earnings of $1.77 per share for the quarter, up from their previous estimate of $1.76. The consensus estimate for Carpenter Technology’s current full-year earnings is $6.77 per share. Zacks Research also issued estimates for Carpenter Technology’s FY2026 earnings at $7.16 EPS, Q1 2027 earnings at $2.04 EPS and FY2027 earnings at $8.57 EPS.

Carpenter Technology (NYSE:CRS) last announced its quarterly earnings data on Thursday, October 24th. The basic materials company reported $1.73 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.15. Carpenter Technology had a net margin of 8.05% and a return on equity of 18.01%. The firm had revenue of $717.60 million for the quarter, compared to analyst estimates of $742.96 million. During the same period in the previous year, the company earned $0.88 earnings per share. The business’s quarterly revenue was up 10.1% compared to the same quarter last year.

Other equities research analysts also recently issued research reports about the company. Benchmark reaffirmed a “buy” rating and set a $175.00 target price on shares of Carpenter Technology in a report on Friday, October 25th. JPMorgan Chase & Co. assumed coverage on shares of Carpenter Technology in a research report on Friday, November 22nd. They set an “overweight” rating and a $220.00 price target for the company. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the stock. According to data from MarketBeat.com, Carpenter Technology currently has a consensus rating of “Moderate Buy” and a consensus target price of $153.00.

Carpenter Technology Stock Performance

Shares of CRS opened at $206.85 on Thursday. The stock has a 50-day moving average of $182.74 and a two-hundred day moving average of $156.93. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.00 and a current ratio of 3.84. The stock has a market cap of $10.31 billion, a P/E ratio of 46.07, a P/E/G ratio of 0.88 and a beta of 1.55. Carpenter Technology has a one year low of $58.87 and a one year high of $207.99.

Carpenter Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Friday, February 28th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.39%. The ex-dividend date of this dividend is Tuesday, January 28th. Carpenter Technology’s dividend payout ratio is currently 17.82%.

Institutional Investors Weigh In On Carpenter Technology

Several hedge funds have recently bought and sold shares of the stock. Strengthening Families & Communities LLC raised its stake in shares of Carpenter Technology by 0.6% during the 3rd quarter. Strengthening Families & Communities LLC now owns 17,314 shares of the basic materials company’s stock worth $2,763,000 after buying an additional 100 shares during the period. Wesbanco Bank Inc. grew its stake in Carpenter Technology by 1.2% in the 4th quarter. Wesbanco Bank Inc. now owns 9,797 shares of the basic materials company’s stock valued at $1,663,000 after acquiring an additional 115 shares during the period. Burney Co. increased its holdings in Carpenter Technology by 6.2% in the 4th quarter. Burney Co. now owns 2,045 shares of the basic materials company’s stock worth $347,000 after acquiring an additional 120 shares in the last quarter. KBC Group NV raised its position in Carpenter Technology by 13.5% during the third quarter. KBC Group NV now owns 1,355 shares of the basic materials company’s stock worth $216,000 after acquiring an additional 161 shares during the period. Finally, Arete Wealth Advisors LLC lifted its holdings in Carpenter Technology by 7.5% during the third quarter. Arete Wealth Advisors LLC now owns 2,423 shares of the basic materials company’s stock valued at $384,000 after purchasing an additional 169 shares in the last quarter. Hedge funds and other institutional investors own 92.03% of the company’s stock.

Carpenter Technology Company Profile

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.