Carpenter Technology Corp (CRS) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Carpenter Technology Corp (CRS) stock forecast summary
Our AI ranks Carpenter Technology Corp outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Carpenter Technology Corp is a large-cap company with a market capitalization of $18.69B. It ranks number 5 by market capitalization among the 11 Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) issuers in our coverage with a current forecast.
For CRS, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 42.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -8.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, CRS included.
Follow CRS freeCRS price chart and AI forecast
How CRS ranks among 5172 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Carpenter Technology Corp (CRS) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) peers listed below that report each metric.
Valuation & Market
| Metric | CRS | Rank |
|---|---|---|
| Market Cap | $18.69B | 5/11 |
| P/E Ratio | 35.84x | 2/6 |
| P/B Ratio | 8.39x | 1/7 |
| Dividend Yield | 0.22% | 5/5 |
| EPS | $10.52 | – |
| Book Value/Share | $44.95 | – |
| Revenue/Share | $63.04 | – |
| FCF/Share | $7.31 | – |
Profitability & Margins
| Metric | CRS | Rank |
|---|---|---|
| ROE | 25.6% | 2/8 |
| ROA | 14.8% | 2/8 |
| Gross Margin | 29.5% | 2/9 |
| Operating Margin | 21.7% | 2/7 |
| Net Margin | 17.6% | 2/7 |
| EBT Margin | 20.2% | 2/10 |
| Tax Rate | 19.3% | – |
Financial Health
| Metric | CRS | Rank |
|---|---|---|
| D/E Ratio | 0.72x | 7/11 |
| Financial Leverage | 1.72x | 8/11 |
| Interest Coverage | 4.3x | 2/5 |
Cash Flow
| Metric | CRS | Rank |
|---|---|---|
| Operating Cash Flow | $605M | 6/10 |
| Free Cash Flow | $362M | 4/7 |
| Capital Spending | -$243M | 3/7 |
| OCF Growth YoY | 37.4% | 3/7 |
| FCF Growth YoY | 34.5% | – |
| FCF/Sales | 11.6% | 1/8 |
| CapEx/Sales | 7.8% | 4/8 |
Operational Efficiency
| Metric | CRS | Rank |
|---|---|---|
| Asset Turnover | 0.81x | 10/10 |
Income Statement
| Metric | CRS | Rank |
|---|---|---|
| Total Revenue | $3.12B | 6/9 |
| Operating Income | $702M | 4/7 |
| Net Income | $570M | 6/8 |
| SG&A Expense | $254M | 7/10 |
Dividend & Shareholder Information
| Metric | CRS | Rank |
|---|---|---|
| Dividends Per Share | $0.81 | – |
| Payout Ratio | 7.7% | – |
| Shares Outstanding | 50M | – |
| Net Income Growth | 37.7% | 4/5 |
| EPS Growth | 41.8% | 5/7 |
Balance Sheet Highlights (USD millions)
| Total Liabilities | $1.61B | 42.0% of assets |
CRS quarterly financials and insider trading
Carpenter Technology Corp (CRS) industry peers
Companies classified under the same SEC industry code as Carpenter Technology Corp (Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)): 11 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| CRS Carpenter Technology Corp | ▼ | $18.69B |
| NUE Nucor Corp | ▶ | $58.15B |
| MT Arcelormittal | ▼ | $47.99B |
| STLD Steel Dynamics Inc | ▲ | $34.48B |
| TS Tenaris Sa | ▼ | $30.88B |
| TX Ternium S.A. | ▼ | $11.21B |
| CMC Commercial Metals Co | ▼ | $7.19B |
| SXC Suncoke Energy, Inc. | ▲ | $870M |
| MTUS Metallus Inc. | ▶ | $852M |
| TWI Titan International Inc | ▶ | $429M |
| ASTL Algoma Steel Group Inc. | ▲ | $423M |
Where CRS sits on the market map
Carpenter Technology Corp (CRS) stock news
Loading...
Carpenter Technology Corp (CRS) stock forecast FAQ
What is the Carpenter Technology Corp (CRS) stock forecast?
Our AI ranks Carpenter Technology Corp outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Carpenter Technology Corp stock predictions?
For CRS, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 42.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -8.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Carpenter Technology Corp forecasts updated?
Carpenter Technology Corp forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Carpenter Technology Corp's industry peers?
11 issuers in our coverage, CRS included, share the SEC industry code Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens). The largest are: Nucor Corp (NUE), Arcelormittal (MT), Steel Dynamics Inc (STLD), Tenaris Sa (TS), Ternium S.A. (TX), Commercial Metals Co (CMC).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.