Q1 EPS Forecast for Carpenter Technology Raised by Analyst

Carpenter Technology Corporation (NYSE:CRS) – Zacks Research raised their Q1 2027 earnings per share (EPS) estimates for Carpenter Technology in a report issued on Thursday, February 26th. Zacks Research analyst Team now expects that the basic materials company will post earnings of $2.72 per share for the quarter, up from their previous estimate of $2.70. The consensus estimate for Carpenter Technology’s current full-year earnings is $6.83 per share. Zacks Research also issued estimates for Carpenter Technology’s Q2 2027 earnings at $2.74 EPS, FY2027 earnings at $11.81 EPS, Q1 2028 earnings at $3.19 EPS and FY2028 earnings at $14.10 EPS.

A number of other research analysts also recently commented on the stock. TD Cowen reiterated a “buy” rating on shares of Carpenter Technology in a research note on Friday, November 14th. KeyCorp raised shares of Carpenter Technology from a “sector weight” rating to an “overweight” rating and set a $380.00 target price for the company in a research report on Thursday, November 13th. BTIG Research increased their price target on shares of Carpenter Technology from $365.00 to $375.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. JPMorgan Chase & Co. lifted their price target on Carpenter Technology from $388.00 to $394.00 and gave the stock an “overweight” rating in a research note on Friday, January 30th. Finally, Wall Street Zen raised Carpenter Technology from a “hold” rating to a “buy” rating in a report on Saturday, January 31st. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $373.43.

Carpenter Technology Stock Up 0.6%

CRS stock opened at $398.06 on Friday. The company has a current ratio of 4.25, a quick ratio of 2.26 and a debt-to-equity ratio of 0.35. The firm has a 50 day simple moving average of $345.15 and a 200-day simple moving average of $299.92. The company has a market capitalization of $19.83 billion, a P/E ratio of 46.23, a PEG ratio of 1.55 and a beta of 1.30. Carpenter Technology has a twelve month low of $138.61 and a twelve month high of $403.81.

Carpenter Technology (NYSE:CRS) last posted its quarterly earnings data on Thursday, January 29th. The basic materials company reported $2.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.20 by $0.13. Carpenter Technology had a return on equity of 23.63% and a net margin of 14.77%.The company had revenue of $728.00 million for the quarter, compared to the consensus estimate of $733.76 million. During the same period in the previous year, the business earned $1.66 EPS. Carpenter Technology’s revenue for the quarter was up 7.5% compared to the same quarter last year.

Carpenter Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Tuesday, January 27th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Tuesday, January 27th. Carpenter Technology’s dividend payout ratio is presently 9.29%.

Insiders Place Their Bets

In other Carpenter Technology news, SVP James D. Dee sold 15,800 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $391.78, for a total value of $6,190,124.00. Following the sale, the senior vice president directly owned 73,739 shares in the company, valued at approximately $28,889,465.42. This trade represents a 17.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Steven E. Karol sold 3,500 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $381.12, for a total transaction of $1,333,920.00. Following the transaction, the director directly owned 225,381 shares of the company’s stock, valued at approximately $85,897,206.72. This trade represents a 1.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 97,758 shares of company stock valued at $31,665,177 over the last three months. Company insiders own 2.90% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Geneos Wealth Management Inc. acquired a new stake in shares of Carpenter Technology in the second quarter valued at approximately $28,000. Armstrong Advisory Group Inc. grew its holdings in Carpenter Technology by 57.3% in the 4th quarter. Armstrong Advisory Group Inc. now owns 118 shares of the basic materials company’s stock worth $37,000 after buying an additional 43 shares in the last quarter. Spire Wealth Management increased its position in Carpenter Technology by 164.7% in the 4th quarter. Spire Wealth Management now owns 135 shares of the basic materials company’s stock valued at $42,000 after acquiring an additional 84 shares during the period. Headlands Technologies LLC acquired a new stake in Carpenter Technology in the 2nd quarter valued at approximately $43,000. Finally, Rakuten Securities Inc. bought a new stake in Carpenter Technology during the 2nd quarter valued at $45,000. Institutional investors own 92.03% of the company’s stock.

Carpenter Technology News Summary

Here are the key news stories impacting Carpenter Technology this week:

• Positive Sentiment: Zacks Research raised multiple near‑term and multi‑year EPS forecasts for CRS (small upward adjustments to Q1/Q2 2027, FY2027 and FY2028 estimates), supporting higher forward earnings expectations and helping investor sentiment.
• Positive Sentiment: Seeking Alpha published an upgrade arguing Carpenter has gained pricing power in a tight market — a fundamental case that can justify multiple expansion and increased investor demand. Carpenter Technology Gains Pricing Power In A Tight Market (Upgrade)
• Positive Sentiment: The stock set a fresh annual (52‑week) high, signaling momentum and likely drawing technical buyers and momentum traders. Carpenter Corporation Sets Fresh Annual High
• Neutral Sentiment: Although Zacks lifted estimates across several periods, the increases are modest (increments of a few cents to a few dollars on multi‑year EPS), so the fundamental change is incremental rather than a sharp earnings revision.
• Negative Sentiment: Senior VP James D. Dee sold 15,800 shares at an average price near $392 (disclosed in an SEC filing), a large-dollar insider sale that can be viewed negatively by some investors despite his remaining sizable holdings. Carpenter Technology SVP James Dee Sells 15,800 Shares

About Carpenter Technology

Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts. It serves to aerospace, defense, medical, transportation, energy, industrial, and consumer markets.