Carpenter Technology Stock Buy Hold or Sell Recommendation
| CRS Stock | USD 190.97 10.26 5.68% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Carpenter Technology is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Carpenter Technology given historical horizon and risk tolerance towards Carpenter Technology. When Macroaxis issues a 'buy' or 'sell' recommendation for Carpenter Technology, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Carpenter Technology Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Carpenter Stock please use our How to Invest in Carpenter Technology guide. Note, we conduct extensive research on individual companies such as Carpenter and provide practical buy, sell, or hold advice based on investors' constraints. Carpenter Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Carpenter |
Execute Carpenter Technology Buy or Sell Advice
The Carpenter recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Carpenter Technology. Macroaxis does not own or have any residual interests in Carpenter Technology or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Carpenter Technology's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Carpenter Technology Trading Alerts and Improvement Suggestions
| Carpenter Technology has a strong financial position based on the latest SEC filings | |
| Over 95.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: AngloGold Ashanti Gains Jersey Court Approval for Centamin Buyout |
Carpenter Technology Returns Distribution Density
The distribution of Carpenter Technology's historical returns is an attempt to chart the uncertainty of Carpenter Technology's future price movements. The chart of the probability distribution of Carpenter Technology daily returns describes the distribution of returns around its average expected value. We use Carpenter Technology price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Carpenter Technology returns is essential to provide solid investment advice for Carpenter Technology.
| Mean Return | 0.49 | Value At Risk | -2.91 | Potential Upside | 5.44 | Standard Deviation | 2.78 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Carpenter Technology historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Carpenter Stock Institutional Investors
The Carpenter Technology's institutional investors refer to entities that pool money to purchase Carpenter Technology's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Wolf Hill Capital Management, Lp | 2024-06-30 | 673.9 K | Surgocap Partners Lp | 2024-09-30 | 662.7 K | Bank Of New York Mellon Corp | 2024-06-30 | 645 K | Frontier Capital Management Co Inc | 2024-09-30 | 568.3 K | Northern Trust Corp | 2024-09-30 | 561.6 K | Goldman Sachs Group Inc | 2024-06-30 | 524 K | Hennessy Advisors, Inc. | 2024-09-30 | 493.8 K | American Century Companies Inc | 2024-09-30 | 480.5 K | Hawk Ridge Management Llc | 2024-09-30 | 452.6 K | Blackrock Inc | 2024-06-30 | 7.6 M | Vanguard Group Inc | 2024-09-30 | 5.6 M |
Carpenter Technology Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 31.3M | 238.5M | (71.9M) | (140.3M) | (96.7M) | (91.9M) | |
| Change In Cash | 166.1M | 94.3M | (133.2M) | (109.7M) | 154.6M | 162.3M | |
| Free Cash Flow | 60.4M | 149.5M | (85.3M) | (67.6M) | 178.3M | 187.2M | |
| Depreciation | 123.9M | 123.6M | 131.4M | 131M | 134.6M | 81.9M | |
| Dividends Paid | 38.8M | 39.1M | 39.2M | 39.4M | 40M | 31.9M | |
| Capital Expenditures | 171.4M | 100.5M | 91.3M | 82.3M | 96.6M | 109.6M | |
| Net Income | 1.5M | (229.6M) | (49.1M) | 56.4M | 186.5M | 195.8M | |
| End Period Cash Flow | 193.1M | 287.4M | 154.2M | 44.5M | 199.1M | 141.2M | |
| Other Non Cash Items | 135.8M | 158.5M | (6.4M) | 22.4M | 110.5M | 116.0M | |
| Investments | (171.2M) | (78.9M) | (89.1M) | (82.3M) | (95.9M) | (91.1M) | |
| Change Receivables | 90.3M | (14.9M) | (79M) | (144.5M) | (130.1M) | (123.5M) | |
| Net Borrowings | 150.3M | (24.5M) | (3.4M) | (1.9M) | (1.7M) | (1.6M) | |
| Change To Netincome | 83.4M | 135.3M | 3.7M | 38.4M | 44.2M | 48.4M |
Carpenter Technology Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Carpenter Technology or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Carpenter Technology's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Carpenter stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | 2.45 | |
σ | Overall volatility | 2.79 | |
Ir | Information ratio | 0.13 |
Carpenter Technology Volatility Alert
Carpenter Technology currently demonstrates below-average downside deviation. It has Information Ratio of 0.13 and Jensen Alpha of 0.18. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Carpenter Technology's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Carpenter Technology's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Carpenter Technology Fundamentals Vs Peers
Comparing Carpenter Technology's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Carpenter Technology's direct or indirect competition across all of the common fundamentals between Carpenter Technology and the related equities. This way, we can detect undervalued stocks with similar characteristics as Carpenter Technology or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Carpenter Technology's fundamental indicators could also be used in its relative valuation, which is a method of valuing Carpenter Technology by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Carpenter Technology to competition |
| Fundamentals | Carpenter Technology | Peer Average |
| Return On Equity | 0.15 | -0.31 |
| Return On Asset | 0.0765 | -0.14 |
| Profit Margin | 0.08 % | (1.27) % |
| Operating Margin | 0.16 % | (5.51) % |
| Current Valuation | 10.07 B | 16.62 B |
| Shares Outstanding | 49.84 M | 571.82 M |
| Shares Owned By Insiders | 2.19 % | 10.09 % |
| Shares Owned By Institutions | 95.26 % | 39.21 % |
| Number Of Shares Shorted | 2.16 M | 4.71 M |
| Price To Earning | 854.00 X | 28.72 X |
| Price To Book | 5.73 X | 9.51 X |
| Price To Sales | 3.37 X | 11.42 X |
| Revenue | 2.76 B | 9.43 B |
| Gross Profit | 143.8 M | 27.38 B |
| EBITDA | 397.2 M | 3.9 B |
| Net Income | 186.5 M | 570.98 M |
| Cash And Equivalents | 44.5 M | 2.7 B |
| Cash Per Share | 1.09 X | 5.01 X |
| Total Debt | 741.4 M | 5.32 B |
| Debt To Equity | 0.57 % | 48.70 % |
| Current Ratio | 2.80 X | 2.16 X |
| Book Value Per Share | 33.31 X | 1.93 K |
| Cash Flow From Operations | 274.9 M | 971.22 M |
| Short Ratio | 3.76 X | 4.00 X |
| Earnings Per Share | 4.49 X | 3.12 X |
| Price To Earnings To Growth | 1.59 X | 4.89 X |
| Target Price | 184.5 | |
| Number Of Employees | 4.6 K | 18.84 K |
| Beta | 1.47 | -0.15 |
| Market Capitalization | 9.52 B | 19.03 B |
| Total Asset | 3.29 B | 29.47 B |
| Retained Earnings | 1.37 B | 9.33 B |
| Working Capital | 1.12 B | 1.48 B |
Note: Acquisition by Ward Jr Stephen M of 2445 shares of Carpenter Technology at 42.81 subject to Rule 16b-3 [view details]
Carpenter Technology Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Carpenter . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Carpenter Technology Buy or Sell Advice
When is the right time to buy or sell Carpenter Technology? Buying financial instruments such as Carpenter Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional 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.