A high-quality industrial compounder with four consecutive earnings beats and strong financial health metrics that has already exceeded its price target; the elevated forward earnings multiple of 44.5 times, overbought technical readings, and below-average free cash flow conversion suggest the near-term setup favors patience over new capital deployment.
Thesis pillars
- High Quality Earnings Compounder↓Deteriorating
- Stretched Valuation Above Target→Stable
- Overbought Technicals Falling Volume→Stable
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Aug 12, 2026· older than 90 days
Carpenter Technology Corporatio (CRS) Stock Analysis
Industrials · Metal Fabrication
Sell if holding. Momentum 3.7/10 is below the 5.0 floor at $296.72 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Negative momentum; Sector modifier (Industrials): -0.7.
Carpenter Technology Corporation, founded in 1889, is engaged in the manufacturing, fabrication and distribution of specialty metals. As used throughout this report, unless the context requires otherwise, the terms "Carpenter," "Carpenter Technology," "Company," "Registrant,"... Read more
Sell if holding. Momentum 3.7/10 is below the 5.0 floor at $296.72 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Negative momentum; Sector modifier (Industrials): -0.7. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.8/10, moderate confidence.
Passes 6/8 gates (favorable risk/reward ratio, clean insider activity, news events none recent, earnings proximity 85d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: speculative.
Recent developments
updated Oct 26, 2026Recent Developments — Carpenter Technology Corporatio
Material events (past 30 days)
- 8K Oct 15, 2026 MEDIUM Item 5.02: - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Retirement of James D. Dee On October 12, 2026, James D.
Latest news
- NEWS This Carpenter Technology Analyst Is No Longer Bullish; Here Are Top 4 Downgrades For Monday — benzinga Oct 26, 2026 negative
- NEWS Why Carpenter Technology Stock Crashed After Earnings - Yahoo Finance — Yahoo Finance Oct 22, 2026 negative
- NEWS Carpenter Technology (CRS) Set to Report Q1 Earnings Amid Valuation Concerns - GuruFocus — GuruFocus Oct 21, 2026 neutral
- NEWS Carpenter Technology (CRS) Stock May Be 19% Undervalued On Cash Flow - Simply Wall Street — Simply Wall Street Oct 21, 2026 positive
- NEWS CRS Maintained by Wells Fargo -- Price Target Lowered to $430 - GuruFocus — GuruFocus Sep 30, 2026 neutral
Latest item Oct 26, 2026 · Generated 2026-11-04T11:44:35Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Material Events(8-K, last 90d)
- 2026-10-15Item 5.02MEDIUM- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Retirement of James D. Dee On October 12, 2026, James D.SEC filing →
- 2026-08-12Item 5.02MEDIUM- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of Ken J.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
1 floor-breaker
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Momentum 3.7/10 is below the 5.0 floor at $296.72 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Negative momentum; Sector modifier (Industrials): -0.7. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $275.95. Score 5.8/10, moderate confidence.
Analyst target: $381.06 (+28.4% upside). Prior stop was $275.95. Stop-loss: $275.95.
Sector modifier (Industrials): -0.7; Negative momentum.
Carpenter Technology Corporatio trades at a P/E of 26.2 (forward 18.6). TrendMatrix value score: 6.9/10. Verdict: Sell.
14 analysts rate CRS, with a consensus score of 4.1/5. 7 analysts publish price targets averaging $438.
What does Carpenter Technology Corporatio do?Carpenter Technology Corporation, founded in 1889, is engaged in the manufacturing, fabrication and distribution of...
Carpenter Technology Corporation, founded in 1889, is engaged in the manufacturing, fabrication and distribution of specialty metals. As used throughout this report, unless the context requires otherwise, the terms "Carpenter," "Carpenter Technology," "Company," "Registrant," "Issuer," "we" and "our" refer to Carpenter Technology Corporation.