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Carpenter Technology (CRS)

(Delayed Data from NYSE)

$177.16 USD

177.16
517,130

+2.36 (1.35%)

Updated Nov 8, 2024 04:00 PM ET

After-Market: $176.99 -0.17 (-0.10%) 4:26 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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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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D Value B Growth C 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 37% (93 out of 251)

Industry: Steel - Speciality

Zacks News

Why You Should Retain Mosaic (MOS) Stock in Your Portfolio

While Mosaic (MOS) faces headwinds from weak pricing, it gains on higher demand for phosphate and potash on the back of favorable agricultural market fundamentals.

B2Gold (BTG) Provides Upbeat Assessment Results for Gramolate

B2Gold (BTG) announces the latest preliminary economic assessment results for the Gramalote project indicating an average yearly production of 185,000 ounces of gold over a 12.5-year life.

Universal Stainless (USAP) Rallies 78% in 6 Months: Here's Why

Solid first-quarter performance on the back of the strength in aerospace contributes to the rally in Universal Stainless' (USAP) shares.

Green Plains (GPRE) Updates on Nebraska Carbon Capture Project

Green Plains (GPRE) enters into construction agreements and funding arrangements to facilitate the ordering of carbon sequestration equipment.

Here's Why You Should Hold Onto DuPont (DD) Stock for Now

DuPont (DD) gains on its focus on growth though innovation, the Spectrum Plastics acquisition and productivity actions amid headwinds from soft demand in certain markets.

U.S. Steel (X) Issues Q2 View, Progresses on Nippon Transaction

U.S. Steel (X) anticipates sequentially lower earnings for Q2 and projects EBITDA of $425 million. It continues to advance toward finalizing the Nippon Steel transaction.

Steel Dynamics (STLD) Sees Q2 Earnings to Fall on Lower Pricing

Steel Dynamics (STLD) projects second-quarter earnings to decline sequentially, with mixed performance across steel, recycling and fabrication operations.

Nutrien (NTR) Prices $1 Billion of 3-Year & 10-Year Senior Notes

The senior notes will be unsecured and will rank on an equal footing with Nutrien's (NTR) current senior unsecured debt.

LyondellBasell (LYB) Boosts PP Compounding Production in China

The start-up of the new production line marks another milestone in LyondellBasell's (LYB) ongoing commitment to the China market.

Huntsman (HUN) Gains on Downstream Expansion, Acquisitions

While Huntsman (HUN) faces headwinds from soft demand conditions, it benefits from investment in downstream businesses and differentiated product innovation as well as strategic acquisitions.

Kronos Worldwide (KRO) Up 35% YTD: What's Driving the Rally?

Kronos Worldwide (KRO) benefits from higher demand for titanium dioxide in major markets and its cost-cutting initiatives.

Nucor (NUE) Projects Lower Q2 Earnings Amid Weaker Steel Prices

Nucor (NUE) expects second-quarter earnings to decline sequentially and has returned over $1.76 billion to stockholders so far in 2024.

Anindya Barman headshot

Celanese (CE) Gains on Cost Actions Amid Demand & Pricing Woes

While Celanese (CE) faces headwinds from soft demand and pricing, it benefits from productivity measures, investments in organic projects and strategic acquisitions.

DOW Launches Two New REVOLOOP Recycled Plastics Resins

DOW plans to transform waste and commercialize 3 million metric tons of circular and green solutions per year by 2030.

Element Solutions (ESI) Scales 52-week High: What's Driving It?

Element Solutions (ESI) revises its 2024 guidance upward, driven by strong electronics business performance, leading to the stock price rally.

Is Carpenter Technology (CRS) Outperforming Other Basic Materials Stocks This Year?

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

Huntsman (HUN) Unveils New Innovation Center in Belgium

The new 11,000-square-meter facility by Huntsman (HUN) includes a world-scale analytical laboratory, two machine halls and fully equipped and automated product testing areas.

Rio Tinto (RIO) Inks Deal to Buy 11.65% Stake in Boyne Smelters

Rio Tinto (RIO) is set to acquire Mitsubishi's 11.65% interest in Boyne Smelters, taking its interest in the venture to 73.5%.

Reasons to Retain Reliance (RS) Stock in Your Portfolio Now

While Reliance (RS) faces headwinds from pricing pressure, it benefits from strong demand in its major markets and acquisitions.

Yara (YARIY) Unveils Renewable Hydrogen Plant at Heroya

This is a groundbreaking effort that demonstrates Yara's (YARIY) commitment to feeding the globe sustainably while also protecting the environment.

L.B. Foster (FSTR) Shares Rally 25% in 6 Months: Here's Why

L.B. Foster's (FSTR) rally is driven by stellar first-quarter earnings, promising growth prospects and solid operational performance.

Element Solutions (ESI) Ups View, Sees Record EBITDA in FY24

Element Solutions (ESI) raises its second quarter and full year 2024 guidance, expecting record adjusted EBITDA amid strong electronics growth.

Here's Why You Should Retain FMC Stock in Your Portfolio

FMC Corp (FMC) gains on efforts to strengthening its product portfolio and cost-reduction actions amid challenges from weaker demand due to inventory de-stocking.

Air Products (APD) Gains on High-Return Projects & Productivity

While Air Products (APD) faces headwinds from weakness in China and Europe, it benefits from investments in high-return industrial gas projects, productivity measures and higher prices.

Eastman (EMN) Unveils Naia Renew for Denim for Sustainability

Eastman's (EMN) integration of Naia Renew into the denim segment gets it one step closer to its aim of making sustainable style accessible to all.