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Carpenter Technology - CRS Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $153.00
  • Forecasted Upside: -9.98%
  • Number of Analysts: 6
  • Breakdown:
  • 1 Sell Ratings
  • 0 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$169.97 As of 12/20/2024 06:31 PM ET
▲ +0.38 (0.22%)

This chart shows the closing price for CRS by one month, three months, or twelve months.

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Analyst Price Target for CRS

Analyst Price Target is $153.00
▼ -9.98% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for Carpenter Technology in the last 3 months. The average price target is $153.00, with a high forecast of $220.00 and a low forecast of $89.00. The average price target represents a -9.98% upside from the last price of $169.97.

This chart shows the closing price for CRS for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 6 polled investment analysts is to moderate buy stock in Carpenter Technology. This rating has held steady since June 2024, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/30/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/28/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/27/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
6/24/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
9/22/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
11/21/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
12/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/22/2024JPMorgan Chase & Co.Initiated CoverageOverweight$220.00
10/25/2024BenchmarkReiterated RatingBuy ➝ Buy$175.00 ➝ $175.00
7/30/2024BTIG ResearchBoost TargetBuy ➝ Buy$120.00 ➝ $165.00
7/26/2024BenchmarkBoost TargetBuy ➝ Buy$140.00 ➝ $175.00
6/26/2024BTIG ResearchInitiated CoverageBuy$120.00
6/25/2024Deutsche Bank AktiengesellschaftInitiated CoverageBuy$144.00
6/14/2024Northcoast ResearchReiterated RatingNeutral ➝ Sell$89.00
6/10/2024TD CowenBoost TargetBuy ➝ Buy$116.00 ➝ $125.00
5/28/2024BenchmarkReiterated RatingBuy ➝ Buy$140.00 ➝ $140.00
5/8/2024BenchmarkBoost TargetBuy ➝ Buy$100.00 ➝ $140.00
5/6/2024Northcoast ResearchReiterated RatingBuy ➝ Neutral
5/2/2024TD CowenBoost TargetBuy ➝ Buy$90.00 ➝ $116.00
9/13/2023BenchmarkBoost TargetBuy ➝ Buy$65.00 ➝ $100.00
8/25/2023Northcoast ResearchInitiated CoverageBuy$73.00
8/1/2023TD CowenBoost TargetOutperform ➝ Outperform$60.00 ➝ $72.00
1/27/2023CowenBoost TargetOutperform$50.00 ➝ $54.00
9/12/2022CowenUpgradeMarket Perform ➝ Outperform$45.00
9/12/2022CowenUpgradeMarket Perform ➝ Outperform$45.00
4/20/2022BenchmarkBoost Target$43.00 ➝ $48.00
2/11/2022JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$52.00 ➝ $53.00
1/13/2022BenchmarkUpgradeHold ➝ Buy$40.00
6/16/2021JPMorgan Chase & Co.Initiated CoverageNeutral$49.00
2/5/2021CowenReiterated RatingHold$30.00
8/13/2020CowenDowngradeOutperform ➝ Market Perform$27.00
5/1/2020CowenReiterated RatingBuy$27.00
4/17/2020JPMorgan Chase & Co.Lower TargetNeutral$49.00 ➝ $30.00
1/16/2020BenchmarkInitiated CoverageHold
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.38 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 25 very positive mentions
  • 19 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 15 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 11 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 18 very positive mentions
  • 15 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
8/23/2024
  • 22 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 17 very positive mentions
  • 15 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 26 very positive mentions
  • 15 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024
  • 42 very positive mentions
  • 6 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 42 very positive mentions
  • 6 positive mentions
  • 2 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Carpenter Technology logo
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. It serves to aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.
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Today's Range

Now: $169.97
Low: $164.23
High: $171.15

50 Day Range

MA: $174.07
Low: $149.50
High: $196.14

52 Week Range

Now: $169.97
Low: $58.87
High: $198.24

Volume

9,713,210 shs

Average Volume

636,843 shs

Market Capitalization

$8.47 billion

P/E Ratio

37.86

Dividend Yield

0.46%

Beta

1.52

Frequently Asked Questions

What sell-side analysts currently cover shares of Carpenter Technology?

The following sell-side analysts have issued research reports on Carpenter Technology in the last twelve months: Benchmark Co., BTIG Research, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Northcoast Research, and TD Cowen.
View the latest analyst ratings for CRS.

What is the current price target for Carpenter Technology?

0 Wall Street analysts have set twelve-month price targets for Carpenter Technology in the last year. Their average twelve-month price target is $153.00, suggesting a possible downside of 10.0%. JPMorgan Chase & Co. has the highest price target set, predicting CRS will reach $220.00 in the next twelve months. Northcoast Research has the lowest price target set, forecasting a price of $89.00 for Carpenter Technology in the next year.
View the latest price targets for CRS.

What is the current consensus analyst rating for Carpenter Technology?

Carpenter Technology currently has 1 sell rating and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for CRS.

What other companies compete with Carpenter Technology?

Other companies that are similar to Carpenter Technology include Nucor, Steel Dynamics, Reliance, ATI and United States Steel. Learn More about companies similar to Carpenter Technology.

How do I contact Carpenter Technology's investor relations team?

Carpenter Technology's physical mailing address is 1735 MARKET STREET 15TH FL, PHILADELPHIA PA, 19103. The basic materials company's listed phone number is (610) 208-2000 and its investor relations email address is [email protected]. The official website for Carpenter Technology is www.carpentertechnology.com. Learn More about contacing Carpenter Technology investor relations.