Carpenter Technology Stock Target Price and Analyst Consensus
| CRS Stock | USD 80.03 2.27 2.92% |
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 |
Carpenter |
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.
Carpenter Technology Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Carpenter target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Carpenter Technology's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 4 | Strong Buy |
Most Carpenter analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Carpenter stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Carpenter Technology, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationCarpenter Technology Target Price Projection
Carpenter Technology's current and average target prices are 80.03 and 82.67, respectively. The current price of Carpenter Technology is the price at which Carpenter Technology is currently trading. On the other hand, Carpenter Technology's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Carpenter Technology Market Quote on 18th of April 2024
Target Price
Analyst Consensus On Carpenter Technology Target Price
Carpenter Technology Analyst Ratings
Carpenter Technology's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Carpenter Technology stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Carpenter Technology's financials, market performance, and future outlook by experienced professionals. Carpenter Technology's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
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.
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.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Momentum Invested over 70 shares | |
 | Manufacturing Invested over 40 shares | |
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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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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| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |
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.