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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%) 7:58 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

What's in Store for International Flavors' (IFF) Q2 Earnings?

International Flavors (IFF) is likely to be plagued by rising costs and higher debt levels in Q2.

LyondellBasell (LYB) to Post Q2 Earnings: What's in Store?

Our proven model shows that LyondellBasell (LYB) is likely to beat estimates in Q2.

Can Arconic (ARNC) Maintain Earnings Beat Streak in Q2?

Our proven model shows that Arconic (ARNC) is likely to beat estimates this quarter.

DuPont (DD) Warms Up to Q2 Earnings: What's in the Offing?

Our proven model does not show that DuPont (DD) is likely to beat estimates this quarter.

Chemours (CC) to Report Q2 Earnings: What's in the Cards?

Chemours (CC) is expected to see some pressure on Ti-Pure TiO2 volumes in Q2.

WestRock (WRK) to Report Q3 Earnings: What's in the Cards?

Benefits from higher seasonal volumes across WestRock's (WRK) segments, lower costs is likely to be offset by planned higher maintenance in fiscal third-quarter 2019.

Solid Production to Aid Kirkland Lake Gold (KL) Q2 Earnings?

Kirkland Lake Gold's (KL) Q2 results likely to gain from strong gold production at Fosterville.

Will Hawthorne Drive Scotts Miracle-Gro's (SMG) Q3 Earnings?

Scotts Miracle-Gro (SMG) is witnessing strong growth in the Hawthorne unit, which will likely continue in Q3.

What's in the Cards for CF Industries' (CF) Q2 Earnings?

Strong nitrogen fertilizer demand in North America is likely to support CF Industries' (CF) Q2 earnings.

Will Lower Steel Prices Hurt U.S. Steel's (X) Earnings in Q2?

Our proven model does not show that U.S. Steel (X) is likely to beat estimates this quarter.

Vale (VALE) To Report Q2 Earnings: What's in the Offing?

Despite lower iron production on account of the Brumadinho dam rupture, higher iron ore prices are likely to buoy Vale's (VALE) second-quarter earnings and revenues.

FMC Corp (FMC) to Post Q2 Earnings: What's in the Cards?

FMC Corp (FMC) is seeing strong demand for its industry leading products, which is likely to support Q2 results.

Carpenter Technology (CRS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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.

Is a Beat in Store for Newmont Goldcorp (NEM) in Q2 Earnings?

Performance of Tanami and Ahafo is likely to support Newmont Goldcorp's (NEM) Q2 results.

Agnico Eagle (AEM) to Post Q2 Earnings: What's in the Offing?

Our proven model does not show that Agnico Eagle (AEM) is likely to beat estimates this quarter.

Yamana (AUY) to Report Q2 Earnings: What's in the Cards?

Yamana's (AUY) major mines, Canadian Malartic, El Penon and Cerro Moro, are likely to deliver strong performance in Q2.

What's in Store for Sherwin-Williams' (SHW) Q2 Earnings?

Our proven model does not show that Sherwin-Williams (SHW) is likely to beat estimates in the to-be-reported quarter.

Will Lower Copper Prices Dent Freeport's (FCX) Q2 Earnings?

Lower copper prices and higher costs are likely to hurt Freeport's (FCX) results in Q2.

Will Higher Shipments Aid Cleveland-Cliffs (CLF) Q2 Earnings?

Cleveland-Cliffs' (CLF) Q2 results to gain from higher shipments and revenue rate.

Will Carpenter (CRS) Beat Estimates Again in Its Next Earnings Report?

Carpenter (CRS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Reasons to Hold Carpenter Technology in Your Portfolio for Now

Apart from solid earnings growth projections and price performance ahead of the industry, let us take a look at other factors that makes Carpenter Technology (CRS) a stock worth holding on to.

Madhurima Das headshot

Strong Demand Aids Carpenter Technology, Transportation a Woe

Carpenter Technology's (CRS) third-quarter results marked the ninth consecutive quarter of both year-over-year top and bottom line growth.

Carpenter Technology Rolls Out Solution for Next-Gen Engines

Carpenter Technology's (CRS) solution aids next-generation engines to realize further improvements in fuel efficiency.

Carpenter Technology & BMT Aerospace Initiate Redesign Via AM

Carpenter Technology (CRS) & BMT's redesign project results in a simplified and improved manufacturing process for the aerospace part through AM.

Should Value Investors Buy Carpenter Technology (CRS) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.