Carpenter Technology Stock Target Price and Analyst Consensus

CRS Stock  USD 75.87  1.63  2.10%   
The current analyst and expert consensus on Carpenter Technology is Strong Buy, with 3 strong buy opinions. The current projected Carpenter Technology target price consensus is 82.67 with 4 analyst opinions. The most common way Carpenter Technology analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Carpenter Technology executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Carpenter Technology. We encourage you to use your own analysis of Carpenter Technology to validate this buy or sell advice. Carpenter Technology buy-or-sell recommendation module provides average expert sentiment on the projected Carpenter Technology target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Carpenter Technology to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Carpenter Stock please use our How to Invest in Carpenter Technology guide.
Lowest Forecast
75.23
Highest Forecast
91.76
Target Price
82.67
At this time, Carpenter Technology's Operating Profit Margin is comparatively stable compared to the past year. Net Profit Margin is likely to gain to 0.04 in 2024, whereas Gross Profit is likely to drop slightly above 293.4 M in 2024. At this time, Carpenter Technology's Current Deferred Revenue is comparatively stable compared to the past year. Total Permanent Equity is likely to gain to about 1.8 B in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 446.1 M in 2024.
  
It's important to approach Carpenter Technology's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Carpenter Technology price targets

Carpenter Technology's stock target price is an estimate of its future price, usually made by analysts. Using Carpenter Technology's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Carpenter Technology's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Carpenter Technology's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Carpenter Technology Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Carpenter Technology is a key component of Carpenter Technology valuation and have some predictive power on the future returns of a Carpenter Technology.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Carpenter Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
74.4576.7679.07
Details
Intrinsic
Valuation
LowRealHigh
75.5677.8780.18
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.920.940.96
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Carpenter Technology. Your research has to be compared to or analyzed against Carpenter Technology's peers to derive any actionable benefits. When done correctly, Carpenter Technology's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Carpenter Technology.

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When determining whether Carpenter Technology is a strong investment it is important to analyze Carpenter Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Carpenter Technology's future performance. For an informed investment choice regarding Carpenter Stock, refer to the following important reports:
Check out Macroaxis Advice on Carpenter Technology to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Carpenter Stock please use our How to Invest in Carpenter Technology guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for Carpenter Stock analysis

When running Carpenter Technology's price analysis, check to measure Carpenter Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carpenter Technology is operating at the current time. Most of Carpenter Technology's value examination focuses on studying past and present price action to predict the probability of Carpenter Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carpenter Technology's price. Additionally, you may evaluate how the addition of Carpenter Technology to your portfolios can decrease your overall portfolio volatility.
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The data published in Carpenter Technology's official financial statements usually reflect Carpenter Technology's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Carpenter Technology. For example, before you start analyzing numbers published by Carpenter accountants, it's critical to develop an understanding of what Carpenter Technology's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of Carpenter Technology's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Carpenter Technology's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Carpenter Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Carpenter Technology. Please utilize our Beneish M Score to check the likelihood of Carpenter Technology's management manipulating its earnings.