Carpenter Technology’s Composite Rating Reaches New High of 96
December 13, 2023
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Carpenter Technology ($NYSE:CRS) Corporation, is a leading provider of specialty alloys, precision-machined components, and advanced material solutions for a wide range of industries. From aerospace to automotive to medical, Carpenter Technology produces premium-quality alloys for many different applications. This rating is determined by evaluating the company’s financials, such as profitability, liquidity, market capitalization, and debt structure. The increased Composite Rating is indicative of the company’s success and positive outlook. Carpenter Technology has seen strong growth in its sales and net income in recent years, and is well-positioned to continue this trajectory moving forward.
Additionally, the company’s liquidity and debt structure are stable, allowing it to make investments in research and development and capital expenditures that can further its success in the future.
Price History
On Monday, Carpenter Technology Corporation (CARPENTER TECHNOLOGY) saw its stock reach a new high of 96 on a composite rating basis. This milestone was achieved after it opened trading at $65.6 and closed at $66.3, up by 0.5% from its closing price of 66.0 the previous day. This new composite rating of 96 puts Carpenter Technology in a strong position to continue to grow their market share in the industry. The composite rating is a measure of a company’s overall performance which takes into account various factors such as financials, risk, and other metrics. This new high of 96 puts Carpenter Technology ahead of many of its competitors in terms of market performance and momentum.
Additionally, Carpenter Technology has been consistently innovating and developing new products and services in order to stay ahead of the competition. This, combined with their strong financials, has enabled them to reach this new high composite rating. Overall, Carpenter Technology has been performing extremely well and is now in a prime position to continue growing their market share in the industry. With their new composite rating of 96, investors and analysts will have an even higher level of confidence in their future prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Carpenter Technology. More…
| Total Revenues | Net Income | Net Margin |
| 2.68k | 106.8 | 3.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Carpenter Technology. More…
| Operations | Investing | Financing |
| 100.1 | -90.8 | -40 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Carpenter Technology. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.08k | 1.65k | 28.99 |
Key Ratios Snapshot
Some of the financial key ratios for Carpenter Technology are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.2% | 86.7% | 7.3% |
| FCF Margin | ROE | ROA |
| 0.3% | 8.7% | 4.0% |
Analysis
GoodWhale has conducted a detailed analysis of CARPENTER TECHNOLOGY‘s fundamentals and found that it is strong in dividend and medium in asset, growth, and profitability. Our Star Chart shows that the company is capable of delivering superior value to its shareholders and investors. Furthermore, CARPENTER TECHNOLOGY has a high health score of 8/10 with regard to its cashflows and debt, giving it the capacity to sustain future operations in times of crisis. Based on this analysis, we have classified it as ‘cheetah’ – a type of company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. Given its strong dividend capabilities and medium performance in other areas, we believe CARPENTER TECHNOLOGY would be a good investment option for investors who are looking for a high return with some risk. Investors seeking higher levels of stability should approach the company with caution given its lower profitability. More…
Peers
It operates in the aerospace, energy, transportation, medical, and industrial markets. Its main competitors include Ryerson Holding Corp, thyssenkrupp AG, and Lee Chi Enterprises Co Ltd. These companies are all major players in their respective fields and have been producing quality products for many years.
– Ryerson Holding Corp ($NYSE:RYI)
Ryerson Holding Corp is a global value-added distributor of metals and industrial products. The company primarily serves the non-residential construction, industrial machinery, and maintenance repair and operations (MRO) marketplaces. As of 2022, Ryerson Holding Corp has a market capitalization of 1.13 billion dollars, indicating that it is a relatively large company. Additionally, its return on equity (ROE) of 52.95% demonstrates that it is a well-run business with a high level of profitability relative to its equity base.
– thyssenkrupp AG ($LTS:0O1C)
thyssenkrupp AG is a German multinational conglomerate with operations in the industrial engineering, materials services, elevator technology, and automotive sectors. The company has a market capitalization of 3.6 billion as of 2022, reflecting a strong performance on the stock market this year. Additionally, thyssenkrupp has an impressive Return on Equity of 8.21%, indicating that investors are seeing high returns for the money they have invested in the company. This is a testament to the company’s commitment to driving profitable growth, as well as its ability to generate value for shareholders.
– Lee Chi Enterprises Co Ltd ($TWSE:1517)
Lee Chi Enterprises Co Ltd is a leading manufacturer and distributor of industrial components and systems. The company has a market cap of 4.44 billion dollars as of 2022 and boasts a return on equity of 10.34%. This indicates that the company is highly profitable, generating substantial returns for its shareholders over the long term. The company’s products are widely used in a variety of industries, including automotive, electronics, medical, and industrial. Lee Chi Enterprises Co Ltd has established itself as a reliable supplier of quality components and systems, delivering superior customer service and competitive pricing.
Summary
This jump in the composite rating is indicative of a strong performance in the company’s investment opportunities, making it an attractive option for potential investors. The company has seen positive results in financial metrics such as stock prices, price-to-earnings ratio, and return on equity. Additionally, the company’s debt-to-equity ratio is relatively low, suggesting that it has the ability to generate strong cash flows and generate value for investors. Carpenter Technology has also been recognized on a number of environmental and sustainability measures, providing potential investors with additional reasons to consider investing in the company. Overall, the recent rise in the company’s composite rating indicates that Carpenter Technology may be a wise choice for investors looking to capitalize on a profitable opportunity.
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