Carpenter Technology Stock Revenue

CRS Stock  USD 71.08  0.89  1.27%   
Carpenter Technology fundamentals help investors to digest information that contributes to Carpenter Technology's financial success or failures. It also enables traders to predict the movement of Carpenter Stock. The fundamental analysis module provides a way to measure Carpenter Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Carpenter Technology stock.
At this time, Carpenter Technology's Current Deferred Revenue is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 2.7 B in 2024, whereas Total Revenue is likely to drop slightly above 1.5 B in 2024.
  
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Carpenter Revenue Analysis

Carpenter Technology's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
 2021 2022 2023 2024 (projected)
Dividends Paid39.2M39.4M45.3M31.5M
Depreciation131.4M131M150.7M80.0M

Revenue

 = 

Money Received

-

Discounts and Returns

More About Revenue | All Equity Analysis

Current Carpenter Technology Revenue

    
  2.55 B  
Most of Carpenter Technology's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Carpenter Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Historical and Projected quarterly revenue of Carpenter

Projected quarterly revenue analysis of Carpenter Technology provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Carpenter Technology match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Carpenter Technology's stock price.

Carpenter Revenue Driver Correlations

Understanding the fundamental principles of building solid financial models for Carpenter Technology is extremely important. It helps to project a fair market value of Carpenter Stock properly, considering its historical fundamentals such as Revenue. Since Carpenter Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Carpenter Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Carpenter Technology's interrelated accounts and indicators.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Competition

Carpenter Current Deferred Revenue

Current Deferred Revenue

20.4 Million

At this time, Carpenter Technology's Current Deferred Revenue is comparatively stable compared to the past year.
Based on the latest financial disclosure, Carpenter Technology reported 2.55 B of revenue. This is 27.11% lower than that of the Metals & Mining sector and 124.97% higher than that of the Materials industry. The revenue for all United States stocks is 72.97% higher than that of the company.

Carpenter Revenue Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Carpenter Technology's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Carpenter Technology could also be used in its relative valuation, which is a method of valuing Carpenter Technology by comparing valuation metrics of similar companies.
Carpenter Technology is currently under evaluation in revenue category among related companies.

Carpenter Technology Institutional Holders

Institutional Holdings refers to the ownership stake in Carpenter Technology that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Carpenter Technology's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Carpenter Technology's value.
Shares
Northern Trust Corp2023-12-31
697.3 K
Emerald Advisers, Llc2023-12-31
674.6 K
Charles Schwab Investment Management Inc2023-12-31
634.5 K
Morgan Stanley - Brokerage Accounts2023-12-31
582.9 K
Emerald Mutual Fund Advisers Trust2023-12-31
565 K
Thrivent Financial For Lutherans2023-12-31
481.2 K
Driehaus Capital Management Llc2023-12-31
478.3 K
Granite Investment Partners, Llc2023-12-31
470 K
Balyasny Asset Management Llc2023-12-31
465.6 K
Blackrock Inc2023-12-31
7.9 M
Vanguard Group Inc2023-12-31
5.7 M

Carpenter Fundamentals

About Carpenter Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Carpenter Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Carpenter Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Carpenter Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Current Deferred Revenue12.6 M20.4 M
Total Revenue2.9 B1.5 B
Cost Of Revenue2.5 B2.7 B
Ebit Per Revenue 0.06  0.09 

Pair Trading with Carpenter Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Carpenter Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Carpenter Technology will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Carpenter Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carpenter Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Carpenter Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Carpenter Technology to buy it.
The correlation of Carpenter Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carpenter Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carpenter Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Carpenter Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Carpenter Technology Piotroski F Score and Carpenter Technology Altman Z Score analysis.
For more information on how to buy Carpenter Stock please use our How to Invest in Carpenter Technology guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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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Is Carpenter Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carpenter Technology. If investors know Carpenter will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carpenter Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
5.8
Dividend Share
0.8
Earnings Share
2.89
Revenue Per Share
55.43
Quarterly Revenue Growth
0.078
The market value of Carpenter Technology is measured differently than its book value, which is the value of Carpenter that is recorded on the company's balance sheet. Investors also form their own opinion of Carpenter Technology's value that differs from its market value or its book value, called intrinsic value, which is Carpenter Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carpenter Technology's market value can be influenced by many factors that don't directly affect Carpenter Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carpenter Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carpenter Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carpenter Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.