Carpenter Tech에 대한 매도 수량은 투자자에게 Carpenter Tech의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

Carpenter Tech (NYSE:CRS) 주식, 공매도 수량 보고

Carpenter Tech

Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others. The company's reportable segments include; Specialty Alloys Operations and Performance Engineered Products. It generates maximum revenue from the Specialty Alloys Operations segment. The SAO segment is comprised of the company's alloy and stainless steel manufacturing operations. This includes operations performed at mills predominantly in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama. Geographically, the company derives its maximum revenue from the United States and the rest from Europe, Asia Pacific, Mexico, Canada, and other regions.

Carpenter Technology Corporation Common Stock

Carpenter Technology Corp

CORNERSTONE COMUTY BANCRP by Cornerstone Community Bancorp

Cornerstone Community Bancorp

Tidal Trust II YieldMax Short TSLA Option Income Strategy ETF

CARESPAN HEALTH INC by CARESPAN HEALTH INC.

CareSpan Health Inc

CREATE RESTAURANTS HLDGS by CREATE RESTAURANTS HLDGS INC.

CAR Group Ltd

CarSmartt Inc

CRISPR Therapeutics AG

CORPORATE RESTAURANT CNCP by Corporate Restaurant Concepts, Inc.

Corporate Restaurant Concepts Inc

Corsair Gaming Inc

Crossroads Impact Corp Ordinary Shares - New

Crossroads Impact Corp

Crest Resources Inc Ordinary Shares

MINERAL ROAD DISCOVERY by Mineral Road Discovery Inc.

Mineral Road Discovery Inc

Corsa Coal Corp

WIIM

Carpenter Technology shares are trading higher after JP Morgan initiated coverage on the stock with an Overweight rating and announced a price target of $200.

U.S. stocks were mixed, with the Dow Jones index gaining more than 150 points on Friday.
Shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGVC#NYSE">NGVC</a>) rose sharply during Friday's session <a href="https://www.benzinga.com/quote/NGVC/earnings">following quarterly results.</a>
Natural Grocers reported quarterly earnings of 39 cents per share, representing a 50% increase over earnings of 26 cents per share from the same period last year. The company reported $322.66 million in sales this quarter.
Natural Grocers by Vitamin Cottage shares jumped 15.3% to $41.78 on Friday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Replimune Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REPL#NASDAQ">REPL</a>) shares jumped 41.5% to $15.64 after the company on Thursday announced it received breakthrough therapy designation status for RP1 and will submit an RP1 biologics license application to the FDA under an accelerated approval pathway.</li>
<li>Omeros Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OMER#NASDAQ">OMER</a>) shares surged 26.4% to $9.75.</li>
<li>D-Wave Quantum Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>) jumped 20.6% to $2.3750 after the company issued expectations for quarter-over-quarter fourth-quarter revenue growth.</li>
<li>Navitas Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVTS#NASDAQ">NVTS</a>) gained 18.8% to $2.4000.</li>
<li>Elastic N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESTC#NYSE">ESTC</a>) gained 16.6% to $109.82 after the company reported better-than-expected second-quarter financial results and issued FY25 guidance above estimates.</li>
<li>Matthews International Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MATW#NASDAQ">MATW</a>) surged 16.6% to $29.74 following upbeat earnings.</li>
<li>Wolfspeed, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>) rose 16.2% to $7.48.</li>
<li>Viasat, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSAT#NASDAQ">VSAT</a>) gained 14.3% to $9.52.</li>
<li>Protagonist Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTGX#NASDAQ">PTGX</a>) jumped 12.3% to $46.81.</li>
<li>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) gained 10.7% to $32.90.</li>
<li>SoundHound AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) shares rose 10.66% to $7.72.</li>
<li>Polestar Automotive Holding UK PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSNY#NASDAQ">PSNY</a>) shares jumped 9.1% to $1.2000</li>
<li>Atkore Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATKR#NYSE">ATKR</a>) gained 8.6% to $92.44. </li>
<li>The Gap, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GAP#NYSE">GAP</a>) jumped 6% to $23.35 following upbeat earnings.</li>
<li>Carpenter Technology Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) gained 5.3% to $190.29 JP Morgan analyst Bennett Moore initiated coverage on Carpenter Tech with an Overweight rating and announced a price target of $220.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42137942/jim-cramer-says-this-stock-is-a-bitcoin-play-and-he-prefers-to-own-bitcoin">Jim Cramer Says This Stock Is A Bitcoin Play And He Prefers To Own Bitcoin</a></li>
</ul>

News

Intraday Update

Markets

Movers

Trading Ideas

ATKR

ESTC

MATW

NGVC

NVTS

OMER

PSNY

PTGX

QBTS

REPL

SMCI

SOUN

VSAT

WOLF

Natural Grocers By Vitamin Cottage, Elastic, Matthews International, Gap And Other Big Stocks Moving Higher On Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5846ee56ee7bf6000154d12e/tom-nikic">Needham analyst Tom Nikic</a> initiated coverage on NIKE, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) with a Buy rating and announced a price target of $84. Nike shares closed at $75.10 on Thursday. See how other analysts view this stock.</li>
<li>JP Morgan analyst Bennett Moore initiated coverage on Carpenter Technology Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) with an Overweight rating and announced a price target of $220. Carpenter Tech shares closed at $180.71 on Thursday. <a href="https://www.benzinga.com/quote/CRS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities analyst Tyler DuPont initiated coverage on Kyndryl Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KD#NYSE">KD</a>) with a Buy rating and announced a price target of $40. Kyndryl shares closed at $32.49 on Thursday. <a href="https://www.benzinga.com/quote/KD/analyst-ratings">See how other analysts view this stock.</a></li>
<li>UBS analyst John Hodulik initiated coverage on Roku, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) with a Neutral rating and announced a price target of $73. Roku shares closed at $68.68 on Thursday. <a href="https://www.benzinga.com/quote/ROKU/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wells Fargo analyst Joe Quatrochi initiated coverage on Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) with an Overweight rating and announced a price target of $155. ARM shares closed at $133.14 on Thursday. <a href="https://www.benzinga.com/quote/ARM/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying NKE stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="544" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22085052/image-246-1024x544.png" alt="" class="wp-image-660970" style="width:666px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22085052/image-246-1024x544.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22085052/image-246-300x159.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22085052/image-246-768x408.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22085052/image-246.png 1255w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42135346/top-3-materials-stocks-that-could-blast-off-in-november">Top 3 Materials Stocks That Could Blast Off In November</a></li>
</ul>

Initiation

Pre-Market Outlook

Analyst Ratings

ROKU

This Nike Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday

JP Morgan analyst Bennett Moore initiates coverage on Carpenter Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) with a Overweight rating and announces Price Target of $220.

Price Target

JP Morgan Initiates Coverage On Carpenter Tech with Overweight Rating, Announces Price Target of $220

Whales with a lot of money to spend have taken a noticeably bullish stance on Carpenter Tech.
Looking at options history for Carpenter Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 66% of the investors opened trades with bullish expectations and 22% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $648,005 and 5, calls, for a total amount of $235,677.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $150.0 and $220.0 for Carpenter Tech, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Carpenter Tech's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Carpenter Tech's significant trades, within a strike price range of $150.0 to $220.0, over the past month.
<h3>Carpenter Tech Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732129231_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CRS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$43.1</td>
<td>$43.1</td>
<td>$43.2</td>
<td>$220.00</td>
<td>$228.9K</td>
<td align="right">0</td>
<td align="right">62</td>
</tr>
<tr>
<td>CRS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$43.2</td>
<td>$41.4</td>
<td>$43.2</td>
<td>$220.00</td>
<td>$151.2K</td>
<td align="right">0</td>
<td align="right">150</td>
</tr>
<tr>
<td>CRS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$43.2</td>
<td>$43.2</td>
<td>$43.2</td>
<td>$220.00</td>
<td>$151.2K</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>CRS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$43.3</td>
<td>$43.2</td>
<td>$43.2</td>
<td>$220.00</td>
<td>$116.6K</td>
<td align="right">0</td>
<td align="right">62</td>
</tr>
<tr>
<td>CRS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$7.7</td>
<td>$7.6</td>
<td>$7.67</td>
<td>$220.00</td>
<td>$58.3K</td>
<td align="right">5</td>
<td align="right">291</td>
</tr>
</tbody>
</table>

<h3>About Carpenter Tech</h3>
Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others. The company's reportable segments include; Specialty Alloys Operations and Performance Engineered Products. It generates maximum revenue from the Specialty Alloys Operations segment. The SAO segment is comprised of the company's alloy and stainless steel manufacturing operations. This includes operations performed at mills predominantly in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama. Geographically, the company derives its maximum revenue from the United States and the rest from Europe, Asia Pacific, Mexico, Canada, and other regions.
After a thorough review of the options trading surrounding Carpenter Tech, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Carpenter Tech's Current Market Status</h3>
<ul>
<li>With a volume of 296,558, the price of CRS is down -0.33% at $183.9. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 64 days.</li>
</ul>
<h3>Professional Analyst Ratings for Carpenter Tech</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $175.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; In a cautious move, an analyst from Benchmark downgraded its rating to Buy, setting a price target of $175. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Carpenter Tech with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Carpenter Tech Unusual Options Activity

On November 19, a substantial insider purchase was made by Tony Thene, President and CEO at Carpenter Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>), as per the latest SEC filing.
What Happened: Thene's recent move, as outlined in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000017843/000106299324019370//Archives/edgar/data/17843/000106299324019370/0001062993-24-019370-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday, involves purchasing 5,500 shares of Carpenter Tech. The total transaction value is $97,460.
At Wednesday morning, Carpenter Tech shares are up by 0.8%, trading at $185.98.
<h3>Delving into Carpenter Tech's Background</h3>
Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others. The company's reportable segments include; Specialty Alloys Operations and Performance Engineered Products. It generates maximum revenue from the Specialty Alloys Operations segment. The SAO segment is comprised of the company's alloy and stainless steel manufacturing operations. This includes operations performed at mills predominantly in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama. Geographically, the company derives its maximum revenue from the United States and the rest from Europe, Asia Pacific, Mexico, Canada, and other regions.
<h3>Financial Insights: Carpenter Tech</h3>
Positive Revenue Trend: Examining Carpenter Tech's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 10.08% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Materials sector.
Profitability Metrics:
<ul>
<li>
Gross Margin: With a high gross margin of 24.57%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): Carpenter Tech's EPS is below the industry average. The company faced challenges with a current EPS of 1.69. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.42, caution is advised due to increased financial risk.
Valuation Analysis:
<ul>
<li>
Price to Earnings (P/E) Ratio: Carpenter Tech's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 41.09.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 3.3 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Carpenter Tech's EV/EBITDA ratio, surpassing industry averages at 21.14, positions it with an above-average valuation in the market.
</li>
</ul>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Uncovering the Importance of Insider Activity</h3>
It's important to note that insider transactions alone should not dictate investment decisions, but they can provide valuable insights.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>Navigating the World of Insider Transaction Codes</h3>
Taking a closer look at transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, meticulously cataloged in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A signifies a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000017843">Check Out The Full List Of Carpenter Tech's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Tony Thene Boosts Confidence With $97K Purchase Of Carpenter Tech Stock

ANSS

FERG

FLUT

LPLA

TSLA

Third Point 13F Shows Added Stake In Brookfield Corp With 4,725,000 Shares; Ferguson Enterprises With 965,000 Shares; Flutter Entertainment With 510,000 Shares; LPL Financial Holdings With 485,000 Shares; Carpenter Technology With 660,000 Shares; Tesla With 400,000 Shares; CVS Health Corp With 1,575,000 Shares; Ansys With 255,000 Shares; Hawaiian Electric Industries With 1,535,000 Shares; Clear Channel Outdoor Holdings With 850,000 Shares

Carpenter Tech's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) short percent of float has risen 5.82% since its last report. The company recently reported that it has 1.70 million shares sold short, which is 4.73% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.66 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Carpenter Tech Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730923232_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Carpenter Tech has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Carpenter Tech's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Carpenter Tech's peer group average for short interest as a percentage of float is 4.43%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

(CRS) - Analyzing Carpenter Tech's Short Interest

Carpenter Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) has outperformed the market over the past 20 years by 1.15% on an annualized basis producing an average annual return of 9.67%. Currently, Carpenter Tech has a market capitalization of $7.64 billion. 
Buying $100 In CRS: If an investor had bought $100 of CRS stock 20 years ago, it would be worth $649.34 today based on a price of $152.99 for CRS at the time of writing.
<h3>Carpenter Tech's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729875623_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In Carpenter Tech 20 Years Ago Would Be Worth This Much Today

Benchmark analyst Josh Sullivan reiterates Carpenter Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) with a Buy and maintains $175 price target.

Reiteration

Benchmark Reiterates Buy on Carpenter Tech, Maintains $175 Price Target

Fiscal Year 2025 Outlook
<ul>
<li>Expect operating income to be at the high end of the previously provided range of $460 million to $500 million</li>
<li>Project $250 million to $300 million in adjusted free cash flow, which represents approximately 85 percent conversion rate</li>
<li>For the second quarter of fiscal year 2025, anticipate between $116 million and $123 million in operating income</li>
<li>Well-positioned for continued growth beyond fiscal year 2025 with strong market demand outlook for our broad portfolio of specialized solutions, increasing productivity, optimizing product mix and pricing actions</li>
</ul>

Earnings

Guidance

General

Carpenter Technology Expects Fiscal Year 2025 Operating Income To Be At The High End Of The Previously Provided Range Of $460M-$500M

Carpenter Tech Q1 2025 Adj. EPS $1.73 Beats $1.59 Estimate, Sales $717.600M Miss $742.960M Estimate

From a technical perspective, Carpenter Technology (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/crs#NYSE">CRS</a>) is looking like an interesting pick, as it just reached a key level of support. CRS recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
The 20-day simple moving average is a popular trading tool. It provides a look back at a stock&#39;s price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages.
Like other SMAs, if a stock&#39;s price is moving above the 20-day, the trend is considered positive. When the price falls below the moving average, it can signal a downward trend.
<img alt="Moving Average Chart for CRS" class="chart" src="https://staticx-tuner.zacks.com/images/articles/charts/yseop/539/CRS_SMA20.jpeg" style="height:auto; width:100%" title="" />
Over the past four weeks, CRS has gained 8.7%. The company is currently ranked a Zacks Rank #1 (Strong Buy), another strong indication the stock could move even higher.
Once investors consider CRS&#39;s positive earnings estimate revisions, the bullish case only solidifies. No earnings estimate has been lowered in the past two months, compared to 2 raised estimates, for the current fiscal year, and the consensus estimate has increased as well.
With a winning combination of earnings estimate revisions and hitting a key technical level, investors should keep their eye on CRS for more gains in the near future.
<a href="https://www.zacks.com/stock/news/2352198/carpenter-technology-crs-just-flashed-golden-cross-signal-do-you-buy?cid=CS-BENZ-FT-tale_of_the_tape|20_day_moving_average_(yseop)-2352198">To read this article on Zacks.com click here.</a>

Mid Cap

Technicals

Carpenter Technology Just Flashed Golden Cross Signal: Do You Buy?

A substantial insider activity was disclosed on October 15, as JR, Director at Carpenter Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>), reported the exercise of a large sell of company stock options.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000017843/000106299324017673//Archives/edgar/data/17843/000106299324017673/0001062993-24-017673-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday revealed that JR, Director at Carpenter Tech in the Materials sector, exercised stock options for 2,445 shares of CRS stock. The exercise price of the options was $42.81 per share.
The latest update on Wednesday morning shows Carpenter Tech shares up by 1.61%, trading at $158.69. At this price, JR's 2,445 shares are worth $283,326.
<h3>Delving into Carpenter Tech's Background</h3>
Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others. The company's reportable segments include; Specialty Alloys Operations and Performance Engineered Products. It generates maximum revenue from the Specialty Alloys Operations segment. The SAO segment is comprised of the company's alloy and stainless steel manufacturing operations. This includes operations performed at mills predominantly in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama. Geographically, the company derives its maximum revenue from the United States and the rest from Europe, Asia Pacific, Mexico, Canada, and other regions.
<h3>Carpenter Tech's Financial Performance</h3>
Revenue Growth: Over the 3 months period, Carpenter Tech showcased positive performance, achieving a revenue growth rate of 5.33% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Materials sector, the company excelled with a growth rate higher than the average among peers.
Profitability Metrics:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 23.87%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): Carpenter Tech's EPS reflects a decline, falling below the industry average with a current EPS of 1.87.
</li>
</ul>
Debt Management: With a high debt-to-equity ratio of 0.43, Carpenter Tech faces challenges in effectively managing its debt levels, indicating potential financial strain.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: A higher-than-average P/E ratio of 42.21 suggests caution, as the stock may be overvalued in the eyes of investors.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 2.85 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 20.18 is above the industry average, suggesting that the market values the company more highly for each unit of EBITDA. This could be attributed to factors such as strong growth prospects or superior operational efficiency.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Activity Matters in Finance</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Cracking Transaction Codes</h3>
Examining transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000017843">Check Out The Full List Of Carpenter Tech's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options Exercise: STEPHEN WARD JR At Carpenter Tech Realizes $283K

Fortuna Silver Mines Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fsm#NYSE">FSM</a>) produced 110,820 gold equivalent ounces in the third quarter of 2024, a 13.9% decrease from the year-ago quarter. This includes a gold production of 91,251 ounces and a silver production of 816,187 ounces. Gold output marked a 3.8% year-over-year fall, whereas silver production was down 51.4%.
<h2>FSM&#39;s Mine Performances in Q3</h2>
FSM currently has five operating mines in its portfolio. The S&eacute;gu&eacute;la mine, located in C&ocirc;te d&acute;Ivoire, contributed 34,998 ounces of gold in the third quarter of 2024. Its total production for the third quarter of 2023 was 31,498 ounces. The mine is expected to produce gold of 126,000-138,000 ounces in 2024.
The Yaramoko Mine in Burkina Faso produced 28,006 ounces of gold, down 18% year over year. FSM expects Yaramoko&#39;s gold production between 105,000 and 119,000 ounces for 2024.
The third-quarter&nbsp; gold production at the Lindero mine in Argentina was 24,345 ounces, up 16.3% year over year. The 2024 guidance for the mine is pegged at 93,000-105,000 ounces of gold.
The San Jose mine in Mexico produced 510,741 ounces of silver and 3,771 ounces of gold. Silver production was down 62.8% year over year, whereas gold production declined 54%. The company expects gold production for 2024 between 19,000 and 23,000 ounces, whereas silver production is forecast at 3.1-3.6 million ounces.
The Caylloma mine in Peru produced 305,446 ounces of silver, down 0.9% year over year. Gold output was 131 ounces compared with 149 ounces in the third quarter of 2023. The mine&#39;s 2024 silver production is targeted between 0.9 million and 1.1 million ounces.
Zinc production was 12.8 million pounds and lead production was 13 million pounds.
<h2>Fortuna Silver Maintains 2024 Guidance</h2>
FSM reported gold and silver production of 273,645 ounces and 2.9 million ounces, respectively, in the first nine months of 2024, translating to 339,933 ounces of gold equivalent (including lead and zinc by-products).
Gold equivalent production guidance for 2024 is maintained between 457,000 and 497,000 ounces. The range indicates a year-over-year increase of 1-10%.
The gold production guidance is pegged at 343,000-385,000 ounces, which indicates growth of 5-18% from the 2023 reported level. The silver production guidance is 4-4.7 million ounces for 2024, which suggests a year-over-year decline of 21-32%.
<h2>FSM&#39;s Peer Performance in Q3</h2>
Endeavour Silver Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/exk#NYSE">EXK</a>) produced 1.6 million silver equivalent ounces in the third quarter of 2024, a 14% decline from the year-ago quarter due to reduced silver production at its mines, which offset higher gold output. 
Consolidated silver production fell 24% year over year to 874,717 million ounces. This was due to a reduced operating capacity at Guanacev&iacute; after the trunnion breakdown in August.
Endeavour Silver, however, witnessed a 2% year-over-year improvement in gold production to 9,290 ounces . The rise was driven by higher gold grades mined at Guanacev&iacute; and Bola&ntilde;itos, as well as increased gold content in third-party feed processed at Guanacev&iacute;.
<h2>Fortuna Silver&#39;s Share Price Outperforms Industry</h2>
Shares of Fortuna Silver have gained 61% in the past year compared with the industry&#39;s 7.3% growth.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/01/81138.jpg?v=880079609" />
Image Source: Zacks Investment Research
<h2>FSM&#39;s Zacks Rank &amp; Stocks to Consider</h2>
The company currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks from the basic materials space are Carpenter Technology Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/crs#NYSE">CRS</a>) and Eldorado Gold Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ego#NYSE">EGO</a>). CRS and EGO sport a Zacks Rank #1 (Strong Buy) at present.
The Zacks Consensus Estimate for Carpenter Technology&#39;s fiscal 2025 earnings is pegged at $6.09 per share. The consensus estimate for 2025 earnings has moved 7% north in the past 60 days. It has an average trailing four-quarter earnings surprise of 15.9%. CRS shares have gained 127.1% in a year.
The Zacks Consensus Estimate for Eldorado Gold&#39;s 2024 earnings is pegged at $1.32 per share. The consensus estimate for 2024 earnings has moved 16% north in the past 60 days. It has an average trailing four-quarter earnings surprise of 430%. EGO shares have gained 82.9% in a year.
<a href="https://www.zacks.com/stock/news/2350045/fortuna-silver-s-gold-equivalent-production-dips-14-y-y-in-q3?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2350045">To read this article on Zacks.com click here.</a>

Penny Stocks

Small Cap

Fortuna Silver's Gold Equivalent Production Dips 14% Y/Y in Q3

Carpenter Tech's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) short percent of float has risen 5.18% since its last report. The company recently reported that it has 1.61 million shares sold short, which is 4.47% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.4 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Carpenter Tech Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728568816_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Carpenter Tech has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Carpenter Tech's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Carpenter Tech's peer group average for short interest as a percentage of float is 4.39%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into Carpenter Tech's Recent Short Interest

Carpenter Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) has outperformed the market over the past 15 years by 1.61% on an annualized basis producing an average annual return of 13.26%. Currently, Carpenter Tech has a market capitalization of $8.05 billion. 
Buying $1000 In CRS: If an investor had bought $1000 of CRS stock 15 years ago, it would be worth $6,459.08 today based on a price of $161.10 for CRS at the time of writing.
<h3>Carpenter Tech's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728482427_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $1000 In This Stock 15 Years Ago, You Would Have $6,500 Today

Fission Uranium (OTC: <a class="ticker" href="https://www.benzinga.com/stock/fcuuf#OTC">FCUUF</a>) has completed the hearing before the Supreme Court of British Columbia regarding the approval of the final order for its acquisition by Paladin Energy Limited. The hearing began before the Court on Sept. 13, 2024, and ended on Sept. 26. Its decision on the final order is expected in the coming weeks.
Fission&#39;s acquisition by Paladin Energy, however, remains opposed by CGN Mining Company Limited (&quot;CGN&quot;), which holds an 11.26% stake in Fission. CGN is a subsidiary of China General Nuclear Power Corp.
Fission&#39;s shareholders voted in favor of the acquisition at the special meeting held on Sept. 9, 2024. The closure of the acquisition currently remains subject to receipt of the final order and clearance under the Investment Canada Act, as well as other customary conditions.
<h2>Fission Uranium-Paladin Energy Merger Overview</h2>
Fission Uranium inked the deal with the Australian miner, Paladin Energy , in June 2024. Per the agreement, Paladin Energy would acquire FCUUF&#39;s outstanding shares for an implied total equity value of C$1.14 billion ($0.846 billion).
The acquisition, if successful, will create a company with a pro forma market capitalization of $3.5 billion. It will be placed among the largest pure-play global uranium companies with a combined mineral resource of 544 million pounds of uranium and ore reserves of 157 million. It will have a solid portfolio of exploration, development and production assets, and a substantially increased international capital markets exposure.
Fission Uranium&#39;s shareholders will receive 0.1076 fully paid shares of Paladin Energy for each share held in FCUUF. On completion, existing Paladin Energy and Fission Uranium shareholders will own around 76% and 24% of the combined entity, respectively.
Paladin Energy has applied for the listing of its shares on the Toronto Stock Exchange concurrent with the completion of the transaction. Consequently, Fission Uranium shareholders will receive TSX-listed Paladin Energy shares.
<h2>FCUUF Buyout to Strengthen Paladin Energy&#39;s Uranium Portfolio</h2>
Paladin Energy is an independent uranium producer with 75% ownership of the world-class long-life Langer Heinrich Mine located in Namibia. It also owns a portfolio of uranium exploration and development assets in Canada and Australia.&nbsp; Through its Langer Heinrich Mine, it delivers uranium to major nuclear utilities across the world. It has a 17-year estimated mine life and a nameplate annual capacity of 6 million pounds of uranium.
The acquisition of Fission Uranium will make Paladin Energy the 100% owner of the Patterson Lake South uranium property. It is a proposed high-grade uranium mine and mill in Canada&#39;s Athabasca Basin region. The feasibility study for the property projects a 10-year mine life with an annual production of 9.1 million pounds of uranium.
This move will help Paladin Energy capitalize on the growing demand for uranium. Several factors are driving this demand, such as the need for more electricity generation and the global push to decarbonize electrical grids, among others.
Over the past few years, the global uranium market has undergone a shift from an inventory-driven to a production-driven market.&nbsp; Underinvestment in uranium mining operations over the past decade has been the reason for a structural deficit between global production and uranium requirements.&nbsp; In 2024 and 2025, the gap between production and demand is projected to be more than 66 million pounds of uranium. This gap is expected to reach more than 400 million pounds by 2034. Uranium prices will be supported by robust demand and tight supply.
<h2>Fission Uranium Stock&#39;s Price Performance</h2>
Shares of Fission Uranium have gained 11.1% in the past year compared with the industry&#39;s 37.7% growth.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/8a/79511.jpg?v=1484847009" />
Image Source: Zacks Investment Research
<h2>FCCUF&#39;s Zacks Rank &amp; Stocks to Consider</h2>
Fission Uranium currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks from the basic materials space are Carpenter Technology Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/crs#NYSE">CRS</a>), Eldorado Gold Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ego#NYSE">EGO</a>) and IAMGOLD Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/iag#NYSE">IAG</a>). Each of these stocks sports a Zacks Rank #1 (Strong Buy) at present.
The Zacks Consensus Estimate for Carpenter Technology&#39;s fiscal 2025 earnings is pegged at $6.06 per share. The consensus estimate for earnings has moved 17% north in the past 60 days. It has an average trailing four-quarter earnings surprise of 15.9%. CRS&#39; shares have gained 129% in a year.
The consensus estimate for Eldorado Gold&#39;s 2024 earnings is pegged at $1.32 per share. The consensus estimate for earnings has moved 16% north in the past 60 days. It has an average trailing four-quarter earnings surprise of 430%. EGO&#39;s shares have gained 106% in a year.
The Zacks Consensus Estimate for IAMGOLD&#39;s 2024 earnings is pegged at 39 cents per share. The consensus estimate for earnings has moved 44% north in the past 60 days. It has an average trailing four-quarter earnings surprise of 200%. IAG&#39;s shares have gained 160% in a year.
<a href="https://www.zacks.com/stock/news/2342763/fission-uranium-awaits-court-decision-on-acquisition-by-paladin-energy?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2342763">To read this article on Zacks.com click here.</a>

Legal

FCUUF

Fission Uranium Awaits Court Decision on Acquisition by Paladin Energy

Carpenter Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) has outperformed the market over the past 20 years by 1.14% on an annualized basis producing an average annual return of 9.53%. Currently, Carpenter Tech has a market capitalization of $8.18 billion. 
Buying $100 In CRS: If an investor had bought $100 of CRS stock 20 years ago, it would be worth $614.36 today based on a price of $163.87 for CRS at the time of writing.
<h3>Carpenter Tech's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727370170_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $100 In This Stock 20 Years Ago, You Would Have $600 Today

Vice President Kamala Harris has vowed to establish a national stockpile of critical minerals, citing their importance for economic and national security. This initiative forms part of her broader $100 billion industrial policy proposal, unveiled Wednesday, which includes various measures to strengthen the <a target="_blank" href="https://www.benzinga.com/topic/us-economy" rel="noreferrer noopener">U.S. economy</a>.
Harris's &#8220;America Forward&#8221; agenda aims to reduce the U.S. <a target="_blank" href="https://www.benzinga.com/markets/commodities/24/04/38114381/critical-minerals-race-heats-up-us-eu-challenge-chinas-dominance" rel="noreferrer noopener">reliance on foreign sources</a>, particularly China, for these crucial resources. The strategy proposes new incentives, including tax credits, and potentially invoking the Defense Production Act to boost domestic processing capabilities.
As reported by Bloomberg, Kamala Harris&#8217; campaign stated that enhanced domestic production and other sustainable initiatives would strengthen critical mineral supply chains with allies and partners. This includes encouraging investments that boost the production of these resources in the U.S. and among allied countries.
Critical minerals, including lithium, cobalt, and rare earth elements, are essential for modern technology and defense applications. These materials are indispensable for producing electric vehicle batteries, semiconductors, and military equipment. China currently dominates the global processing of many minerals, posing a strategic vulnerability for the U.S. As demand for clean energy and advanced technology grows, securing a steady supply of these minerals has become a top priority.
President Biden's administration has already <a target="_blank" href="https://www.benzinga.com/markets/esg/24/03/37914506/bidens-475m-for-mining-aims-to-power-communities-hit-hardest-by-our-evolving-energy-landscape" rel="noreferrer noopener">made significant strides</a> in addressing this issue. Through initiatives like Executive Order 14017, Biden ordered a comprehensive review of critical mineral supply chains, leading to billions in investments to strengthen domestic capabilities. Since Biden took office, more than $120 billion has been committed to building battery and critical mineral supply chains, creating over 250,000 energy jobs, and ensuring future demand for essential materials like lithium and cobalt is met.
Despite these efforts, the U.S. mining sector still needs to overcome significant challenges. Domestic mining projects take <a target="_blank" href="https://www.benzinga.com/news/24/07/39870803/us-mine-development-delays-among-worlds-longest-second-only-to-zambia" rel="noreferrer noopener">nearly 29 years </a>to move from discovery to production, according to a study from S&amp;P Global published in July.
This timeline is significantly longer than in countries like Canada and Australia, where litigation risks and regulatory hurdles are much lower. These factors have slowed progress and discouraged private-sector investment in U.S. mining ventures.
Still, the push to increase domestic production of critical minerals has gained bipartisan support, as Republicans and Democrats recognize its strategic importance.
Thus, regardless of the outcome of the upcoming election, the U.S. will likely continue prioritizing critical mineral production, securing the nation's needs for the energy transition.
Read Next: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/09/41038172/amid-resistance-from-harris-and-trump-nippon-steel-scores-favorable-arbitration-ruling-in-14-9b-" rel="noreferrer noopener">Amid Resistance From Harris And Trump, Nippon Steel Scores Favorable Arbitration Ruling In $14.9B US Steel Acquisition Deal</a>
Benzinga Mining is the bridge between mining companies and retail investors. Reach out to <a href="mailto:licensing@benzinga.com" target="_blank" rel="noreferrer noopener">licensing@benzinga.com</a> to get started!
Photo via Shutterstock

Government

Regulations

Commodities

Topics

Media

PPTA

Harris Vows To Push 'America Forward,' Stockpile Critical Minerals

Carpenter Technology Corporation (CRS) Q1 2025 Earnings Call Transcript

BTIG raised the firm's price target on Carpenter Technology (CRS) to $185 from $165 and keeps a Buy rating on the shares. The analyst is positive o...

Carpenter Technology price target raised to $185 from $165 at BTIG

Gautam Khanna, an analyst from TD Cowen, maintained the Buy rating on Carpenter Technology (CRS – Research Report). The associated price target is ...

Buy Recommendation for Carpenter Technology: Strong Backlog, Pricing Power, and Growth Opportunities

When November starts, so does the best 6 months for large- and small-cap stocks

KeyBanc analyst Philip Gibbs maintained a Hold rating on Carpenter Technology (CRS – Research Report) today. The company's shares closed yesterday ...

Carpenter Technology (CRS) Gets a Hold from KeyBanc

Autolus wins FDA approval of Aucatzyl for acute lymphoblastic leukemia

Analyst Gautam Khanna from TD Cowen maintained a Buy rating on Carpenter Technology (CRS – Research Report) and increased the price target to $200....

Strategic Positioning and Innovation Drive Carpenter Technology's Positive Outlook

Third Point LLC disclosed in an SEC filing its holdings as of September 30, 2024. Third Point's new buys during the third quarter included, by size...

Third Point exits Alphabet, cuts stakes in Microsoft, Amazon, Meta, Apple

Fidelity Small Cap Growth Fund Q3 2024 Review

JPMorgan analyst Bennett Moore initiated coverage of Carpenter Technology (CRS) with an Overweight rating and $220 price target The shares have ral...

Carpenter Technology initiated with an Overweight at JPMorgan

AAPL

AMAT

AMZN

AUTL

BABY

BBWI

EXLS

FTAI

FTAIM

FTAIN

FTAIO

GOOG

GOOGL

MMSI

MSFT

MSTR

NSIT

OSIS

PCAR

PCVX

STRL

UBER

UPRO

WFRD

WFTUF

Press Releases

Carpenter Technology Announces Conference Call and Webcast

Dividends

Carpenter Technology Declares Quarterly Cash Dividend

Carpenter Technology Reports Third Quarter Fiscal Year 2024 Results

Carpenter Technology Reports Fourth Quarter and Fiscal Year 2024 Results

Management

Howard Yu Joins Carpenter Technology's Board of Directors

Carpenter Technology Reports First Quarter Fiscal Year 2025 Results

Alpha Metallurgical Resources, Inc. Common Stock

Alpha Metallurgical

Cleveland-Cliffs

Commercial Metals

Gerdau

Warrior Met Coal

Ramaco Resources, Inc. - Class A Common Stock

Ramaco Resources

Ramaco Resources, Inc. - Class B Common Stock

ArcelorMittal

Metallus

Nucor

POSCO HOLDINGS INC. American Depositary Shares (Each representing 1/4th of a share of Common Stock)

POSCO Holdings

Radius Recycling, Inc. - Class A Common Stock

Radius Recycling

Reliance

Ryerson Holding

Companhia Siderurgica Nacional S.A. Common Stock

Companhia Siderurgica

Grupo Simec, S.A.B. de C.V. American Depositary Shares

Grupo Simec

Steel Dynamics

SunCoke Energy

Ternium S.A. Ternium S.A. American Depositary Shares (each representing ten shares, USD1.00 par value)

Comments

Carpenter Tech

매도 수량

Carpenter Tech (NYSE:CRS) 주식, 공매도 수량 보고

사람들이 또한 지켜본다

뉴스

파트너 / 기고자

벤징가 글로벌