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Carpenter Technology (CRS)

(Real Time Quote from BATS)

$142.63 USD

142.63
62,656

-0.02 (-0.01%)

Updated Aug 30, 2024 01:18 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

Zacks Rank Education - Learn about the Zacks Rank

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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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

D Value A Growth C Momentum B 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%.

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

Bottom 24% (191 out of 251)

Industry: Steel - Speciality

Better trading starts here.

Zacks News

Sherwin-Williams (SHW) Up 18% in 6 Months: What's Driving it?

Sherwin-Williams (SHW) is growing its retail business by taking advantage of the robust domestic demand.

DOW Unveils MDI Distillation & Prepolymers Facility in Texas

DOW shuts down its polyurethane assets at the La Porte site in connection with the start-up of the new MDI operations.

Strong Project Pipeline Aids Southern Copper (SCCO), Costs Ail

Southern Copper (SCCO) is poised to grow on the back of its copper reserves and solid growth projects. However, inflationary pressures will impact margins in the near term.

Steel Dynamics (STLD) Sees Lower Q3 Steel Operation Earnings

Steel Dynamics (STLD) expects lower earnings in the third quarter of 2023 due to declining metal spreads, reduced steel prices, and challenges in recycling and fabrication operations.

Newmont's (NEM) Newcrest Deal Advances With Regulatory Approvals

Newmont (NEM) received regulatory clearance for acquiring Newcrest with approvals from Australia's FIRB and Japan's JFTC.

Hecla Mining (HL) Halts Lucky Friday Operations Until 2023 End

Hecla Mining's (HL) Lucky Friday Mine production is to be suspended for the remainder of 2023 due to the fire incident in August.

Coeur (CDE) Rochester Expansion Project Commences First Pour

Coeur Mining (CDE) announces the initial gold and silver production from the Rochester expansion.

Here's Why You Should Hold On to Huntsman (HUN) Stock For Now

While Huntsman (HUN) faces headwinds from demand weakness, it benefits from actions to grow its downstream specialty and formulation businesses and synergies of acquisitions.

Cabot (CBT) Boosts Circularity & Traceability With ISCC PLUS

Cabot's (CBT) ISCC PLUS certified facilities adhere to ISCC PLUS requirements by leveraging circular value chains and certified feedstocks in the product manufacturing process.

B2Gold (BTG) Inks Deal to Buy Remaining 50% Stake in Gramalote

B2Gold (BTG) has signed an agreement to acquire AngloGold's 50% stake in the Gramolate project, which will add to its gold resource.

CF Industries (CF) and POSCO to Build Low-Carbon Ammonia Plant

CF Industries (CF) and POSCO are collaborating to build a low-carbon, clean ammonia plant in Louisiana, which is expected to lower CO2 emissions by over 90%.

International Paper (IP) Opens Corrugated Packaging Facility

International Paper (IP) announces the opening of its newest facility in Atglen for its Corrugated Packaging business.

Here's Why You Should Retain Albemarle (ALB) in Your Portfolio

While Albemarle (ALB) faces headwinds from demand weakness in specialties, it benefits from higher lithium demand and actions to boost global lithium capacity.

Are Basic Materials Stocks Lagging Carpenter Technology (CRS) This Year?

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

The Zacks Rank Explained: How to Find Strong Buy Basic Materials Stocks

Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Zacks Rank.

PPG Wraps Up Expansion of Powder Coatings Factory in Brazil

The investment by PPG seeks to address the rising demand for powder coatings from regional producers of electrical equipment, agricultural machinery and transportation.

Hudbay Minerals (HBM) Completes Rockcliff Metals Acquisition

Hudbay Minerals??? (HBM) acquisition of Rockcliff Metals, which is one of the major landholders in the Snow Lake area, more than triples the former???s prospective land package in the region.

First Majestic (AG) Announces the Opening of a Minting Facility

First Majestic (AG) has opened its own mint to convert its silver production into an array of finished bullion products.

Eastman Chemical (EMN) Gains on Cost Actions and Innovation

Eastman Chemical (EMN) benefits from cost-management actions and innovation amid challenges from soft demand and consumer de-stocking in certain markets.

Nucor (NUE) Issues Q3 Guidance, Sees Lower Steel Mills Earnings

Nucor (NUE) anticipates a decline in earnings for Q3, primarily in steel mills segments, thanks to lower pricing and volumes.

Westlake (WLK) Announces Launch of PIVOTAL Product Line

Westlake (WLK) develops PIVOTAL to allow customers to maintain application performance while implementing up to 45% post-consumer resin.

Mosaic (MOS) Reports Volumes & Sales Data for July and August

Mosaic (MOS) experiences higher sales volumes but a significant revenue drop in Q3 2023 due to various factors, including lower prices and production disruptions.

Element Solutions (ESI) Unit to Open New Lab for Auto Industry

Element Solutions' (ESI) unit MacDermid Enthone Industrial Solutions will open a new laboratory in Nagoya, Japan, to better serve the local automotive industry.

Amerigo (ARREF) Expects Heavy Rains to Impact Q3 Production

Amerigo Resources (ARREF) anticipates copper production in the third quarter of 2023 to be 2.7 million pounds lower than the 13.8 million pounds expected earlier due to unprecedented levels of rainfall.

CF Industries (CF) Stock Up 12% in 6 Months: What's Driving It?

CF Industries (CF) benefits from healthy nitrogen fertilizer demand in major markets and lower natural gas costs.