Carpenter Technology (CRS) Is Up 3.58% in One Week: What You Should Know

Company Overview - Carpenter Technology (CRS) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [2][11] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [3][11] Price Performance - Over the past week, CRS shares have increased by 3.58%, while the Zacks Steel - Specialty industry has declined by 1.25% [5] - In a longer time frame, CRS shares have risen by 2.78% over the past quarter and have surged by 212% over the last year, compared to the S&P 500's increases of 0.62% and 19.07%, respectively [6] Trading Volume - The average 20-day trading volume for CRS is 859,768 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Estimates - In the past two months, 3 earnings estimates for CRS have been revised upwards, while only 1 has been revised downwards, leading to an increase in the consensus estimate from $6.74 to $6.95 [9] - For the next fiscal year, there have been 3 upward revisions with no downward revisions, indicating positive sentiment around future earnings [9]