Carpenter Technology Corp (NYSE: CRS) has reported earnings for its second fiscal quarter (ending December 31) of $1.68 versus $0.86 for the same period a year ago — an increase of 95%. For the latest four quarters through December 31, E.P.S. were $5.36 versus $2.91 for the same period a year ago — an increase of 84%.
Recent Price Action
Carpenter Technology Corp (NYSE: CRS) stock suffered a large decline of -7.4% on 1/30/25. The stock closed at $193.65. Moreover, this decline was accompanied by exceptionally high trading volume at 244% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -6.6% during the last week.
Current PriceTarget Research Rating
Carpenter Technology has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Carpenter Technology has a poor Appreciation Score of 23 but a very high Power Rating of 93, and the High Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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