What is Zacks Research’s Estimate for CRS Q1 Earnings?

Carpenter Technology Co. (NYSE:CRS) – Research analysts at Zacks Research lifted their Q1 2026 EPS estimates for Carpenter Technology in a research report issued to clients and investors on Wednesday, January 15th. Zacks Research analyst S. Deb now forecasts that the basic materials company will post earnings per share of $1.77 for the quarter, up from their previous estimate of $1.76. The consensus estimate for Carpenter Technology’s current full-year earnings is $6.74 per share. Zacks Research also issued estimates for Carpenter Technology’s FY2026 earnings at $7.16 EPS, Q1 2027 earnings at $2.04 EPS and FY2027 earnings at $8.57 EPS.

Carpenter Technology (NYSE:CRS) last posted its earnings results on Thursday, October 24th. The basic materials company reported $1.73 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.15. Carpenter Technology had a return on equity of 18.01% and a net margin of 8.05%. The firm had revenue of $717.60 million for the quarter, compared to analyst estimates of $742.96 million. During the same period in the previous year, the company posted $0.88 earnings per share. The company’s revenue for the quarter was up 10.1% on a year-over-year basis.

Several other equities research analysts also recently issued reports on CRS. JPMorgan Chase & Co. started coverage on shares of Carpenter Technology in a research report on Friday, November 22nd. They set an “overweight” rating and a $220.00 price objective for the company. Benchmark reissued a “buy” rating and issued a $175.00 price target on shares of Carpenter Technology in a research note on Friday, October 25th. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $153.00.

Carpenter Technology Price Performance

Shares of CRS opened at $198.64 on Thursday. The stock has a 50 day simple moving average of $181.63 and a 200 day simple moving average of $155.92. Carpenter Technology has a 52-week low of $58.87 and a 52-week high of $202.25. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.00 and a current ratio of 3.84. The firm has a market capitalization of $9.90 billion, a PE ratio of 44.24, a P/E/G ratio of 0.87 and a beta of 1.52.

Institutional Trading of Carpenter Technology

Hedge funds have recently made changes to their positions in the business. Ameritas Advisory Services LLC acquired a new stake in Carpenter Technology during the 4th quarter valued at $511,000. Burney Co. lifted its stake in shares of Carpenter Technology by 6.2% during the 4th quarter. Burney Co. now owns 2,045 shares of the basic materials company’s stock worth $347,000 after buying an additional 120 shares during the last quarter. Radnor Capital Management LLC bought a new stake in shares of Carpenter Technology during the 4th quarter worth about $204,000. Park Avenue Securities LLC acquired a new position in Carpenter Technology in the 4th quarter valued at about $419,000. Finally, Tlwm raised its holdings in Carpenter Technology by 4.7% in the 4th quarter. Tlwm now owns 9,987 shares of the basic materials company’s stock valued at $1,695,000 after acquiring an additional 445 shares during the period. 92.03% of the stock is owned by institutional investors and hedge funds.

Carpenter Technology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Friday, February 28th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.40%. Carpenter Technology’s dividend payout ratio is currently 17.82%.

About Carpenter Technology

Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts.