Carpenter Technology Stock Performance
| CRS Stock | USD 103.99 0.35 0.34% |
On a scale of 0 to 100, Carpenter Technology holds a performance score of 25. The firm shows a Beta (market volatility) of 0.083, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Carpenter Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Carpenter Technology is expected to be smaller as well. Please check Carpenter Technology's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Carpenter Technology's price patterns will revert.
Risk-Adjusted Performance
25 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Carpenter Technology are ranked lower than 25 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, Carpenter Technology unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 3.74 | Five Day Return 14.73 | Year To Date Return 49.42 | Ten Year Return 63.7 | All Time Return 2 K |
Forward Dividend Yield 0.0077 | Payout Ratio 0.2156 | Last Split Factor 2:1 | Forward Dividend Rate 0.8 | Dividend Date 2024-06-06 |
| Carpenter Technology dividend paid on 7th of March 2024 | 03/07/2024 |
1 | Acquisition by Kathy Hannan of 1028 shares of Carpenter Technology at 70.64 subject to Rule 16b-3 | 03/25/2024 |
2 | Acquisition by Charles McLane of 350 shares of Carpenter Technology subject to Rule 16b-3 | 03/29/2024 |
3 | IAMGOLD Announces First Gold Pour at Cote Gold Mine | 04/04/2024 |
4 | Koppers Concludes Repricing Upsizing of Term Loan B | 04/16/2024 |
5 | Carpenter Technology Stock Drops Despite Market Gains Important Facts to Note | 04/24/2024 |
6 | Methanexs Q1 Earnings Revenues Surpass Estimates | 04/25/2024 |
7 | U.S. Silica Q1 Earnings and Revenues Lag Estimates | 04/29/2024 |
8 | Carpenter Technology FQ3 2024 Earnings Preview | 04/30/2024 |
9 | Earnings call Carpenter Technology projects record performance in FY 2024 | 05/01/2024 |
10 | Carpenter Technology Q3 Earnings Top Estimates, Surge YY | 05/02/2024 |
11 | Carpenter Technology Corp Q3 Earnings Surpasses Analyst Expectations with Strong Performance | 05/03/2024 |
| Begin Period Cash Flow | 154.2 M | |
| Total Cashflows From Investing Activities | -82.3 M |
Carpenter |
Carpenter Technology Relative Risk vs. Return Landscape
If you would invest 6,096 in Carpenter Technology on February 6, 2024 and sell it today you would earn a total of 4,303 from holding Carpenter Technology or generate 70.59% return on investment over 90 days. Carpenter Technology is generating 0.8715% of daily returns assuming volatility of 2.6656% on return distribution over 90 days investment horizon. In other words, 23% of stocks are less volatile than Carpenter, and above 83% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Carpenter Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carpenter Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Carpenter Technology, and traders can use it to determine the average amount a Carpenter Technology's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.327
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.67 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.87 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.33 actual daily | 25 75% of assets perform better |
Based on monthly moving average Carpenter Technology is performing at about 25% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Carpenter Technology by adding it to a well-diversified portfolio.
Carpenter Technology Fundamentals Growth
Carpenter Stock prices reflect investors' perceptions of the future prospects and financial health of Carpenter Technology, and Carpenter Technology fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Carpenter Stock performance.
| Return On Equity | 0.0928 | ||||
| Return On Asset | 0.0556 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 5.79 B | ||||
| Shares Outstanding | 49.61 M | ||||
| Price To Earning | 854.00 X | ||||
| Price To Book | 2.60 X | ||||
| Price To Sales | 1.41 X | ||||
| Revenue | 2.55 B | ||||
| Gross Profit | 143.8 M | ||||
| EBITDA | 257.6 M | ||||
| Net Income | 56.4 M | ||||
| Cash And Equivalents | 44.5 M | ||||
| Cash Per Share | 1.09 X | ||||
| Total Debt | 693 M | ||||
| Debt To Equity | 0.57 % | ||||
| Current Ratio | 2.80 X | ||||
| Book Value Per Share | 30.40 X | ||||
| Cash Flow From Operations | 14.7 M | ||||
| Earnings Per Share | 2.63 X | ||||
| Market Capitalization | 5.14 B | ||||
| Total Asset | 3.05 B | ||||
| Retained Earnings | 1.23 B | ||||
| Working Capital | 822.5 M | ||||
| Current Asset | 1.01 B | ||||
| Current Liabilities | 298.8 M | ||||
About Carpenter Technology Performance
To evaluate Carpenter Technology Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Carpenter Technology generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Carpenter Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Carpenter Technology market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Carpenter's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 94.96 | 86.30 | |
| Return On Tangible Assets | 0.02 | 0.04 | |
| Return On Capital Employed | 0.06 | 0.09 | |
| Return On Assets | 0.02 | 0.03 | |
| Return On Equity | 0.05 | 0.08 |
Things to note about Carpenter Technology performance evaluation
Checking the ongoing alerts about Carpenter Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Carpenter Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 94.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Carpenter Technology Corp Q3 Earnings Surpasses Analyst Expectations with Strong Performance |
- Analyzing Carpenter Technology's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Carpenter Technology's stock is overvalued or undervalued compared to its peers.
- Examining Carpenter Technology's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Carpenter Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Carpenter Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Carpenter Technology's stock. These opinions can provide insight into Carpenter Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carpenter Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. 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 Anywhere 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 (0.68) | Dividend Share 0.8 | Earnings Share 2.63 | Revenue Per Share 55.047 | Quarterly Revenue Growth (0.01) |
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.