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Carpenter Technology (CRS)

(Delayed Data from NYSE)

$134.76 USD

134.76
2,272,307

+13.26 (10.91%)

Updated Jul 25, 2024 04:00 PM ET

After-Market: $134.77 +0.01 (0.01%) 4:44 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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1-Strong Buy of 5 1        

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value B Growth B Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 26% (64 out of 250)

Industry: Steel - Speciality

Better trading starts here.

Zacks News

Carpenter Technology (CRS) Is Up 7.54% in One Week: What You Should Know

Does Carpenter Technology (CRS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Carpenter Technology (CRS) Tops Q4 Earnings and Revenue Estimates

Carpenter (CRS) delivered earnings and revenue surprises of 19.74% and 4.50%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Daqo New Energy (DQ) Unveils $100M Share Repurchase Program

Daqo (DQ) announced a $100-million share repurchase program, demonstrating optimism in its business development and commitment to shareholder value amid industry challenges.

Cleveland-Cliffs (CLF) to Set Up Transformer Plant in Weirton

Cleveland-Cliffs (CLF) will invest $150 million in a new transformer plant in Weirton, creating 600 jobs and addressing the U.S. transformer shortage.

Nucor's (NUE) Earnings and Revenues Beat Estimates in Q2

Nucor's (NUE) second-quarter earnings and sales beat estimates despite lower average selling prices and volumes in the steel mills unit.

Freeport's (FCX) Earnings and Revenues Surpass Estimates in Q2

Freeport (FCX) second-quarter earnings and revenues top estimates on higher copper and gold prices.

Sherwin-Williams' (SHW) Q2 Earnings Top Estimates, Sales Lag

Consolidated net sales of Sherwin-Williams (SHW) increase primarily owing to higher sales volumes in the Paint Stores and Performance Coatings Groups in Q2.

Cleveland-Cliffs (CLF) Q2 Earnings Top Estimates, Sales Miss

Cleveland-Cliffs' (CLF) second-quarter sales are adversely impacted by lower volumes and prices of steel products.

BASF (BASFY) Sells Mining Flocculants Portfolio to Soleni

BASF (BASFY) divests its mining flocculants business to Solenis. The move aligns with its strategic focus on core areas.

Kronos (KRO) Expands North American Base With LPC Acquisition

Kronos Worldwide (KRO) strengthens its North American presence by acquiring full ownership of Louisiana Pigment Company, L.P.

Why Investors Need to Take Advantage of These 2 Basic Materials Stocks Now

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

Steel Dynamics (STLD) Q2 Earnings and Sales Beat Estimates

Steel Dynamics (STLD) tops earnings and sales estimates in the second quarter. It sees strong market conditions for domestic steel consumption in the second half of 2024.

Carpenter Technology (CRS) Earnings Expected to Grow: Should You Buy?

Carpenter (CRS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Methanex (MEOH) to Lower Methanol Production's Emissions

The investment by Methanex (MEOH) is expected to generate approximately 200 construction jobs and numerous permanent jobs once operational.

Air Products (APD) to Build & Operate New Air Separation Units

The new ASUs to be constructed by Air Products (APD) will replace older units, increase capacity at the locations, and are expected to be operational in 2026.

BHP Reports Record Iron Ore Production in FY24, Copper Up 9%

BHP reports iron ore production of 260 Mt in fiscal 2024. The miner expects production in fiscal 2025 between 255 and 265.5 Mt.

VALE's Q2 Iron Ore Output Up 2% Y/Y, Copper and Nickel Lags

VALE delivers second-quarter iron ore production of around 80.6 Mt and reiterates its 2024 iron ore production goal between 310 Mt and 320 Mt.

Barrick (GOLD) Reports Higher Preliminary Production for Q2

Barrick (GOLD) reports higher second-quarter production for gold and copper, with increased gold costs offset by anticipated production gains in the latter half of 2024.

U.S. Silica's (SLCA) Acquisition by Apollo Gets Shareholders' Nod

At the Special Meeting, approximately 78% of U.S. Silica's (SLCA) outstanding shares were voted on, with more than 75% approving the merger.

CF Industries (CF) to Showcase the Use of Low-Carbon Fertilizer

CF Industries (CF) looks forward to demonstrating the benefits of low-carbon fertilizer for ethanol and corn production.

Is Carpenter Technology (CRS) Stock Outpacing Its Basic Materials Peers This Year?

Here is how Carpenter Technology (CRS) and Iamgold (IAG) have performed compared to their sector so far this year.

Agnico Eagle Mines (AEM) Expands Stake in First Nordic Metals

Agnico Eagle Mines (AEM) is set to own 29,413,166 common shares with the closure of the transaction, representing approximately 13.25% of the issued and outstanding common shares on a non-diluted basis.

Rio Tinto (RIO) Reports a 2% Decline in Q2 Iron Ore Production

Rio Tinto (RIO) reports 80.3 Mt of iron ore shipments and production of 79.5 Mt in Q2. Both are lower than expectations due to a train derailment in mid-May.

Cleveland-Cliffs (CLF) to Buy Stelco Holdings in a $2.5B Deal

Cleveland-Cliffs (CLF) agrees to acquire Stelco Holdings Inc. The buyout will expand its integrated steel production capabilities in North America.

Reliance (RS) Buys FerrouSouth Assets, Ups Tolling Operations

Reliance (RS) is acquiring FerrouSouth's assets to enhance its toll processing capabilities and expand Feralloy's operations in the Southeastern U.S.