Workflow
Carpenter(CRS)
icon
Search documents
How Much Upside is Left in Carpenter (CRS)? Wall Street Analysts Think 26.77%
ZACKS· 2025-09-29 14:56
Carpenter Technology (CRS) closed the last trading session at $250.85, gaining 4.1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $318 indicates a 26.8% upside potential.The average comprises five short-term price targets ranging from a low of $300.00 to a high of $375.00, with a standard deviation of $31.94. While the lowest estimate indicates an increase of 19.6% from the curre ...
Carpenter Technology Sees Price Target Hikes as CEO Leads Insider Sales
Yahoo Finance· 2025-09-27 18:14
Core Insights - Carpenter Technology Corporation (NYSE:CRS) is identified as one of the 12 high-risk, high-reward growth stocks to consider for investment at this time [1] - The company reported a significant increase in adjusted operating income, reflecting strong performance across key sectors [2] Financial Performance - Carpenter Technology reported an Adjusted Operating Income of $151 million, marking a 21% year-over-year increase [2] - The SAO segment achieved an operating income of $167 million, contributing to the overall positive financial results [2] - Sequential sales growth was observed in the Aerospace and Defense, Medical, and Energy sectors, indicating robust demand across these markets [2] Analyst Ratings and Price Targets - Following the positive Q4 2025 results, various analysts raised the stock's price target, with BTIG increasing it from $275 to $305 while maintaining a Buy rating [3] - The stock's beta of 1.47 indicates high volatility, but there is an upside potential of 30.68% for new investors within a year [4] Insider Activity - There have been notable insider sales, including a significant transaction where the President and CEO, Tony R. Thene, sold 19,000 shares valued at $4.6 million [3]
Crinetics Pharmaceuticals, BlackBerry, Perpetua Resources And Other Big Stocks Moving Higher On Friday - Robo.ai (NASDAQ:AIIO), Aquestive Therapeutics (NASDAQ:AQST)
Benzinga· 2025-09-26 14:23
Group 1 - U.S. stocks experienced an upward trend, with the Dow Jones index increasing by over 200 points on Friday [1] - Crinetics Pharmaceuticals, Inc. saw a significant stock price increase of 23.7%, reaching $44.41, following FDA approval of PALSONIFY [1] - Baird and JMP Securities raised their price targets for Crinetics Pharmaceuticals [1] Group 2 - Aquestive Therapeutics, Inc. stock rose by 21.2% to $6.38 [3] - Perpetua Resources Corp. increased by 18% to $22.43 after providing an update on securing the American antimony supply chain [3] - Robo.ai Inc. gained 14% to $2.77 [3] - Quantum Computing Inc. saw a 13% increase to $23.15 [3] - SkyWater Technology, Inc. shares jumped 12% to $17.23 [3] - Scholar Rock Holding Corporation surged 10.8% to $38.23, despite receiving a Complete Response Letter from the FDA regarding its treatment for spinal muscular atrophy [3] - Avino Silver & Gold Mines Ltd. gained 9.2% to $5.24 [3] - New Found Gold Corp. rose 9.1% to $2.3347, confirming high-grade core in its sampling program [3] - Gorilla Technology Group Inc. increased by 7% to $20.10 after signing a $1.4 billion deal for AI data centers in Southeast Asia [3] - BlackBerry Limited rose 6.6% to $4.9596 after reporting better-than-expected second-quarter EPS and sales, along with raising its FY2026 adjusted EPS guidance [3] - Carpenter Technology Corporation increased by 6.6% to $247.84 [3]
Buy 3 Momentum Anomaly Stocks as Markets Dip on Tech Pullback
ZACKS· 2025-09-26 14:12
Market Overview - The U.S. equity markets have experienced a downturn recently, primarily due to a pullback in blue-chip tech stocks, which has negatively impacted the overall market [1] - The 10-year Treasury yield has increased to 4.2%, influenced by solid economic data, including a revision of second-quarter GDP growth from 3.3% to 3.8% [1][2] - Weekly jobless claims decreased to 218,000 from 232,000, contrasting with expectations of 235,000 claims, indicating a robust job market [1][2] Federal Reserve and Interest Rates - The strong job market and revised GDP estimates have raised concerns about the Federal Reserve's potential interest rate cuts, following a recent reduction of 25 basis points to a range of 4.00%-4.25% [2] - Investors are awaiting the personal consumption expenditures price index reports for August for further insights into the Fed's rate cut policy [2] Momentum Investing Strategy - Momentum investing is highlighted as a strategy to capitalize on current trends, based on the principle of "buying high and selling higher" [3] - This strategy aims to profit from the tendency to extrapolate current trends into the future before mean reversion occurs [3] Screening Parameters for Momentum Stocks - The screening process identifies stocks with the best percentage price change over the last 52 weeks, selecting the top 50 performers [5] - From these, the bottom 10 performers over the past week are chosen to identify those experiencing short-term pullbacks [6] - Stocks with a Zacks Rank 1 (Strong Buy) and a Momentum Style Score of B or better are prioritized, indicating a higher probability of success [7] Selected Stocks - Wolverine World Wide, Inc. has seen a 62.5% increase over the past year but experienced an 8.2% decline last week, holding a Momentum Score of B [9][11] - Carpenter Technology Corporation has risen 48.9% in the past year but fell 5.8% last week, also with a Momentum Score of B [12][13] - Astera Labs, Inc. has surged 266.5% over the past year but dropped 20.3% last week, backed by a Momentum Score of A [14][15]
Carpenter Technology Announces GICS Aerospace & Defense Sector Reclassification
Globenewswire· 2025-09-17 12:00
Core Viewpoint - Carpenter Technology Corporation has been reclassified under the Global Industry Classification Standard (GICS) to Aerospace & Defense, effective September 30, 2025, which is expected to enhance visibility with sector-focused investors and better reflect the company's earnings power and growth trajectory [1][2][3]. Company Overview - Carpenter Technology is a leading provider of advanced alloy solutions for various applications in commercial aerospace and defense, indicating a strong strategic position and revenue concentration in these markets [3]. - The company specializes in high-performance specialty alloy materials and process solutions for critical applications across aerospace, defense, and medical sectors, showcasing its evolution since its founding in 1889 [4].
Can Carpenter (CRS) Climb 26.25% to Reach the Level Wall Street Analysts Expect?
ZACKS· 2025-09-09 14:55
Shares of Carpenter Technology (CRS) have gained 1.4% over the past four weeks to close the last trading session at $251.88, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $318 indicates a potential upside of 26.3%.The mean estimate comprises five short-term price targets with a standard deviation of $31.94. While the lowest estimate of $300.00 indicates a 19.1% increase from t ...
5 Momentum Stocks to Buy for September After a Solid August
ZACKS· 2025-09-03 13:00
Market Overview - U.S. stock markets have continued to rise in 2025, with major indexes achieving significant gains in August: Dow up 3.2%, S&P 500 up 1.9%, and Nasdaq Composite up 1.6% [1][2] - All three major indexes reached several all-time and closing highs, with positive investor sentiment driven by the absence of tariff-related concerns, weak labor market data, and indications of a possible rate cut by the Fed [2][8] Company Highlights CrowdStrike Holdings Inc. (CRWD) - CRWD reported Q2 2025 adjusted EPS of $0.93, exceeding the Zacks Consensus Estimate of $0.83, with total revenues of $1.17 billion, surpassing the estimate of $1.15 billion [7] - The company added a record $221 million in net new annual recurring revenues (ARR), bringing total ARR to $4.66 billion, a 20% increase year-over-year [7][8] - CRWD is focusing on securing AI agents and has launched new products like Signal, an AI detection engine, to enhance its cybersecurity offerings [10][12] - Expected revenue and earnings growth rates for CRWD are 20.9% and -9.9%, respectively, for the current year [13] Interactive Brokers Group Inc. (IBKR) - IBKR is expected to see a CAGR of 6.5% in total net revenues (GAAP) by 2027, supported by proprietary software development and expansion into emerging markets [14] - Recent initiatives include launching zero-commission U.S. stock trading in Singapore and extending trading hours for Forecast Contracts [15] - Expected revenue and earnings growth rates for IBKR are 8.8% and 11.4%, respectively, for the current year [16] Robinhood Markets Inc. (HOOD) - HOOD operates a financial services platform allowing users to trade various assets, including cryptocurrencies [17] - The company is expected to benefit from increased retail market participation, with trading revenues projected to improve [18] - Expected revenue and earnings growth rates for HOOD are 35.8% and 42.2%, respectively, for the current year [19] Carpenter Technology Corp. (CRS) - CRS specializes in premium specialty alloys and has expanded its additive manufacturing capabilities [20] - The company has experienced strong booking growth, indicating robust demand, and is well-positioned to invest in emerging technologies [21] - Expected revenue and earnings growth rates for CRS are 8.1% and 27.1%, respectively, for the current year [22] Sportradar Group AG (SRAD) - SRAD provides sports data services and reported Q2 2025 adjusted EPS of $0.17, beating the Zacks Consensus Estimate of $0.04, with total revenues of $360.57 million, a 20.3% year-over-year increase [24][26] - The company offers a comprehensive suite of solutions for the sports betting industry, including live streaming and risk management services [25] - Expected revenue and earnings growth rates for SRAD are 24.3% and over 100%, respectively, for the current year [26]
Carpenter Technology: Strong Revenue And Margin Growth, With Discounted Valuation, Should Drive Outperformance
Seeking Alpha· 2025-08-31 03:03
Group 1 - Carpenter Technology (NYSE: CRS) has experienced a 290% increase since the last article published in September 2023, where a buy recommendation was made [1] - The focus is on GARP (Growth at Reasonable Price) opportunities within the industrial, consumer, and technology sectors [1] - The company ranks among the top 50 financial experts out of approximately 39,000 tracked by Tipranks, based on the consistency of stock recommendations and returns generated [1]
Carpenter Technology: The Strong Bottom Line Could Drive Further Gains (Rating Upgrade)
Seeking Alpha· 2025-08-30 14:52
I'm an avid investor with a long-term, and sometimes contrarian, approach to equities investing. I started out as a Tech analyst but now also cover Commodities and Energy sectors as the world navigates the energy transition.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (o ...
Top 3D Printing Stocks for Higher Returns and Portfolio Growth
ZACKS· 2025-08-19 17:31
Industry Overview - 3D Printing, or additive manufacturing, is a transformative technology that creates physical objects from digital designs by layering materials with high precision, significantly changing product design and manufacturing since the 1980s [1] - The technology is gaining traction across various sectors, including healthcare, aerospace, automotive, and consumer goods, due to its ability to produce complex shapes and reduce supply chain costs [3][4] Market Growth - The global 3D Printing market is projected to grow from $24.61 billion in 2024 to $29.29 billion in 2025, and is expected to reach $134.6 billion by 2034, with a CAGR of 18.52% [6] - The healthcare 3D Printing market is anticipated to increase from $1.66 billion in 2024 to $1.96 billion by the end of the year, with projections to exceed $8.71 billion by 2034, reflecting a CAGR of 18% [5] Regional Insights - North America currently leads the 3D Printing market with over 35% share, followed closely by Asia Pacific at 30%, with strong growth expected in the U.S. market at a CAGR of 19.18% from 2025 to 2034 [7] Key Players - Xometry, Proto Labs Inc., and Stratasys, Ltd. are recognized as leaders in the 3D Printing space, capitalizing on the technology's advantages in cost, customization, precision, and sustainability [2] - GE Aerospace has made significant investments in additive manufacturing, enhancing fuel efficiency in its engines by 10% to 15% through 3D-printed components [11][12][13] - PTC's Creo software is designed to optimize product development in 3D printing, offering advanced capabilities for manufacturers [15][16] - Carpenter Technology has developed its additive manufacturing capabilities through strategic acquisitions and is recognized for its versatile metal powder production [17][18][19] - Proto Labs is noted for its rapid prototyping and on-demand production capabilities, generating approximately $84 million in revenue from its 3D Printing services in 2024 [22] - 3D Systems provides a wide range of 3D printing solutions and has made strides in digital dentistry and bioprinting, collaborating on projects with NASA [23][24][25][26]