What is Zacks Research’s Estimate for CRS Q1 Earnings?

Carpenter Technology Co. (NYSE:CRS) – Investment analysts at Zacks Research raised their Q1 2026 earnings estimates for shares of Carpenter Technology in a report released on Friday, April 4th. Zacks Research analyst S. Deb now anticipates that the basic materials company will earn $1.90 per share for the quarter, up from their prior forecast of $1.89. The consensus estimate for Carpenter Technology’s current full-year earnings is $6.83 per share. Zacks Research also issued estimates for Carpenter Technology’s Q2 2026 earnings at $1.82 EPS, Q3 2026 earnings at $1.91 EPS, Q4 2026 earnings at $2.21 EPS, FY2026 earnings at $7.84 EPS, Q1 2027 earnings at $2.16 EPS, Q2 2027 earnings at $2.11 EPS and FY2027 earnings at $9.20 EPS.

Carpenter Technology (NYSE:CRS) last issued its quarterly earnings data on Thursday, January 30th. The basic materials company reported $1.66 EPS for the quarter, beating the consensus estimate of $1.58 by $0.08. Carpenter Technology had a net margin of 9.34% and a return on equity of 19.88%.

Other equities research analysts have also issued reports about the company. JPMorgan Chase & Co. boosted their target price on Carpenter Technology from $235.00 to $240.00 and gave the company an “overweight” rating in a research note on Wednesday, February 19th. BTIG Research set a $230.00 price target on shares of Carpenter Technology in a report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $167.17.

Carpenter Technology Stock Up 0.8 %

Shares of NYSE:CRS opened at $152.86 on Monday. The stock’s 50-day moving average is $189.47 and its 200 day moving average is $180.41. The company has a market cap of $7.64 billion, a PE ratio of 28.84, a P/E/G ratio of 0.93 and a beta of 1.28. The company has a debt-to-equity ratio of 0.40, a current ratio of 3.80 and a quick ratio of 1.92. Carpenter Technology has a 1 year low of $74.21 and a 1 year high of $213.66.

Carpenter Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Friday, February 28th were paid a $0.20 dividend. The ex-dividend date was Tuesday, January 28th. This represents a $0.80 annualized dividend and a yield of 0.52%. Carpenter Technology’s payout ratio is 15.09%.

Hedge Funds Weigh In On Carpenter Technology

Institutional investors have recently added to or reduced their stakes in the company. FMR LLC increased its stake in shares of Carpenter Technology by 28.3% in the 4th quarter. FMR LLC now owns 4,444,608 shares of the basic materials company’s stock worth $754,295,000 after acquiring an additional 979,313 shares in the last quarter. Invesco Ltd. grew its holdings in Carpenter Technology by 30.3% in the fourth quarter. Invesco Ltd. now owns 1,537,235 shares of the basic materials company’s stock worth $260,884,000 after purchasing an additional 357,417 shares during the period. SurgoCap Partners LP increased its stake in shares of Carpenter Technology by 117.6% during the fourth quarter. SurgoCap Partners LP now owns 1,442,069 shares of the basic materials company’s stock valued at $244,734,000 after purchasing an additional 779,357 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Carpenter Technology by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 1,138,615 shares of the basic materials company’s stock valued at $193,279,000 after purchasing an additional 38,411 shares in the last quarter. Finally, Third Point LLC lifted its holdings in shares of Carpenter Technology by 31.8% during the fourth quarter. Third Point LLC now owns 870,000 shares of the basic materials company’s stock valued at $147,648,000 after purchasing an additional 210,000 shares during the last quarter. 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.