Carpenter Technology Buy or Sell Recommendation

Macroaxis provides Carpenter Technology Corporation buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Carpenter Technology positions. The advice algorithm takes into account all of Carpenter Technology Corporation available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Carpenter Technology buy-and-hold prospective. Check also Carpenter Technology Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Carpenter Technology Corporation -- USA Stock  

USD 50.76  0.20  0.40%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding Carpenter Technology Corporation is 'Hold'.
For the selected time horizon Carpenter Technology Corporation has a risk adjusted performance of 0.18, jensen alpha of 0.021891, total risk alpha of 0.0345, sortino ratio of 0.0 and treynor ratio of 0.24
Macroaxis buy, hold, or sell recommendation tool can be used to complement Carpenter Technology buy or sell advice provided by experts. It analyzes the organization potential to grow against your specific risk preferences and investment horizon. To make sure Carpenter Technology is not overpriced, please confirm all Carpenter Technology fundamentals including its Book Value Per Share, Working Capital and the relationship between Cash and Equivalents and Number of Employees . Given that Carpenter Technology has Price to Earning of 14.89 times, we suggest you validate Carpenter Technology Corporation market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Returns Distribution Density

Mean Return0.24Value At Risk4.12
Potential Upside3.45Standard Deviation2.22
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Blackrock IncCommon Shares5 M252.5 M
Vanguard Group IncCommon Shares4 M204.4 M
Dimensional Fund Advisors LpCommon Shares3.9 M200.8 M
Wellington Management Group LlpCommon Shares2.7 M138.5 M
State Street CorpCommon Shares2.1 M109.5 M
Edgepoint Investment Group IncCommon Shares2.1 M108.7 M
Invesco LtdCommon Shares1.8 M91.7 M

Carpenter Technology Greeks

α
Alpha over DOW
=0.02
β
Beta against DOW=1.03
σ
Overall volatility
=2.22
Ir
Information ratio =0.01

Carpenter Technology Volatility Alert

Carpenter Technology Corporation exhibits very low volatility with skewness of -0.02 and kurtosis of 0.03. However, we advise investors to further study Carpenter Technology Corporation technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare Carpenter Technology to competition
FundamentalsCarpenter TechnologyPeer Average
Return On Equity13.11 % (15.17) %
Return On Asset3.63 % (15.64) %
Profit Margin8.30 % (5.50) %
Operating Margin14.27 % (10.91) %
Current Valuation2.99 B152.14 B
Shares Outstanding46.92 M1.43 B
Shares Owned by Insiders1.91 % 6.91 %
Shares Owned by Institutions104.49 % 18.37 %
Number of Shares Shorted3.01 M3.24 M
Price to Earning14.89 times40.69 times
Price to Book1.77 times14.44 times
Price to Sales1.22 times17.81 times
Revenue1.95 B9.85 B
Gross Profit284.3 M21.75 B
EBITDA278 M1.41 B
Net Income160.5 M517.71 M
Cash and Equivalents21.2 M3.89 B
Cash per Share0.45 times5.17 times
Total Debt613.5 M7.36 B
Debt to Equity45.80 % 0.72 %
Current Ratio2.99 times3.30 times
Book Value Per Share28.51 times13.64 times
Cash Flow from Operations8.88 M1.25 B
Short Ratio8.50 times2.09 times
Earnings Per Share3.40 times2.30 times
Price to Earnings To Growth0.39 times1.22 times
Number of Employees4.6 K10.67 K
Beta1.920.34
Market Capitalization2.37 B29.78 B
Total Asset2.79 B126.86 B
Retained Earnings1.31 B38.24 B
Working Capital711.9 M3.58 B
Current Asset1.01 B36.8 B
SellBuy
Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Piotroski F Score

Financial Leverage

   Carpenter Technology exotic insider transaction detected [view details]
Risk Adjusted Performance0.18
Market Risk Adjusted Performance0.23
Mean Deviation1.68
Coefficient Of Variation941.61
Standard Deviation2.22
Variance4.92
Information Ratio0.012735
Jensen Alpha0.021891
Total Risk Alpha0.0345
Treynor Ratio0.24
Maximum Drawdown6.55
Value At Risk4.12
Potential Upside3.45
Skewness0.015575
Kurtosis0.0321

Current Valuation

Carpenter Technology Current Valuation Analysis
Carpenter Technology Corporation is rated below average in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Non-ferrous Metals Production And Products industry is currently estimated at about 89.18 Billion. Carpenter Technology holds roughly 2.99 Billion in current valuation claiming about 3% of all equities under Non-ferrous Metals Production And Products industry.