Is Carpenter Technology Corp (NYSE: CRS) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

CRS belongs to the Industrials sector of the NYSE while operating in the Metal Fabrication industry. The current market capitalization of Carpenter Technology Corp is $9.11B. A total of 0.64 million shares were traded on the day, compared to an average of 546.05K shares.

In the most recent transaction, INGLIS I MARTIN sold 750 shares of CRS for 143.63 per share on Sep 17 ’24. After the transaction, the Director now owns 4,253 company shares. In a previous transaction on Sep 17 ’24, IAN M INGLIS bought 750 shares at 143.63 per share.

Among the insiders who sold shares, Younessi Ramin disposed of 3,234 shares on Aug 21 ’24 at a per-share price of $143.50. This resulted in the Director holding 3,887 shares of CRS after the transaction. In another insider transaction, RAMIN YOUNESSI bought 3,234 shares at $143.50 per share on Aug 21 ’24.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Carpenter Technology Corp pays an annual dividend of $0.80, resulting in a dividend yield of 0.45%, and it has a price to earnings (P/E) ratio of 39.91. CRS’s most recent ex-dividend date was 10/22/2024 when it declared a $0.20 quarterly dividend that was paid in cash on 12/5/2024. Previously, the company paid the dividend on 9/5/2024 with an ex-dividend date of 8/27/2024. The CRS stock dividend was $0.20 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, CRS has a high of $182.52 and a low of $58.87.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. CRS’s latest balance sheet shows that the firm has $154.20M in Cash & Short Term Investments as of fiscal 2022. There were $701.70M in debt and $375.60M in liabilities at the time. Its Book Value Per Share was $33.31, while its Total Shareholder’s Equity was $1.33B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CRS is Buy with a score of 4.00.

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