Stock Price & Analysis

Based on the provided data and current market status (closed), here's my analysis for CRS stock:

Technical Analysis

The stock is currently trading at $190.38, showing a +1.30% gain in the last session. The RSI-14 at 47.54 indicates neutral momentum, neither overbought nor oversold. The price is currently below its 20-day SMA of $199.11, suggesting some short-term weakness.

Analyst Consensus Multiple analysts maintain a bullish outlook on CRS:

• JPMorgan recently raised their price target to $235
• TD Cowen maintains a Buy rating with $220 target
• Deutsche Bank raised their target to $250

Recent Performance & Outlook The company reported strong Q2 FY2025 results:

• EPS of $1.66, beating estimates by $0.05
• Revenue increased 8.4% YoY to $676.9M
• Management raised FY2025 operating income guidance to $500M-$520M

Fibonacci Levels Key technical levels to watch:

• Resistance: R1 at $207.64, R2 at $215.05
• Support: S1 at $183.68, S2 at $176.27
• Pivot point: $195.66

Based on the technical setup, strong analyst support, and improved guidance, CRS stock appears attractive for buying at current levels, with potential upside toward the consensus price targets ranging from $220-$250.

Based on recent analyst reports and technical analysis, CRS stock is projected to reach $220-235 by end of 2025, supported by strong pricing power and operational improvements. The company's increased fiscal year 2025 operating income guidance of $500-520 million and solid Q2 earnings beating estimates demonstrate robust fundamentals driving this target. Technical indicators show the stock maintaining bullish momentum with Fibonacci resistance levels at $207.64 and $215.05, suggesting further upside potential.

The S1 support level for CRS Stock is $183.68 ,The R1 resistant level for CRS Stock is $207.64.

As of the end of day on 2025-02-11, the price of CRS Stock was $189.

The target price for CRS Stock according to analyst rating is 244.60, with the highest price target at 288.00 and the lowest at 220.00. Analysts have a Strong Buy rating on CRS Stock overall.

The market cap of CRS is $9.5B.

Based on the provided data, here's a concise analysis of CRS's valuation:

Valuation Analysis: CRS currently trades at a P/E of 32.01, significantly higher than its historical average, suggesting stretched valuation levels. The EV/EBITDA ratio of 15.31 also indicates premium pricing compared to industry standards.

Recent Performance: The stock has shown remarkable strength, rallying 209.7% over the past year, significantly outperforming both its industry peers and the broader market.

Analyst Consensus: Recent analyst coverage remains predominantly bullish, with JP Morgan initiating coverage with a $220 price target, citing strong demand and solid execution. The consensus price target range is between $165-$220, suggesting limited upside from current levels.

Business Fundamentals: Q2 FY2025 results exceeded expectations with EPS of $1.66 vs $1.61 consensus, demonstrating strong execution but potentially already priced into the current valuation.

The stock appears overvalued at current levels based on traditional metrics, elevated multiples, and significant price appreciation already captured in the share price.

Carpenter Technology Corporation is engaged in the manufacturing, fabrication, and distribution of specialty metals. The Company operates in two segments: Specialty Alloys Operations (SAO) and Performance Engineered Products (PEP). The SAO segment is comprised of alloy and stainless-steel manufacturing operations. This includes operations performed at mills primarily in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama. The PEP segment is comprised of the Company’s differentiated operations. This segment includes the Dynamet titanium business, the Carpenter Additive business and the Latrobe and Mexico distribution businesses. It provides specialty alloy-based materials and process solutions for critical applications in the aerospace, defense, medical, transportation, energy, industrial and consumer markets. The Company operates its own network of service and distribution centers, located in the United States, Canada, Mexico, Europe and Asia.

Based on the technical analysis and market data, here's the price prediction for CRS stock by 2030:

Carpenter Technology Corporation (CRS) stock is projected to reach approximately $285-295 by 2030, driven by the company's strong position in specialty alloys and growing demand from aerospace and defense sectors. The stock's current technical indicators showing RSI at 47.54 and positive MACD of 0.98 suggest a balanced momentum with upward potential. Recent analyst upgrades, including Benchmark's $100 price target and Northcoast Research's bullish initiation, support the long-term growth trajectory.

CRS has a total of 4500 employees.