Carpenter Tech (NYSE:CRS) 주식

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

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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 3.15% on an annualized basis producing an average annual return of 11.46%. Currently, Carpenter Tech has a market capitalization of $12.60 billion. 
Buying $100 In CRS: If an investor had bought $100 of CRS stock 20 years ago, it would be worth $902.73 today based on a price of $253.08 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/2025/1749511812_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.

News

Trading Ideas

Here's How Much You Would Have Made Owning Carpenter Tech Stock In The Last 20 Years

Benchmark analyst Josh Sullivan maintains Carpenter Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) with a Buy and raises the price target from $250 to $300.

Price Target

Analyst Ratings

Benchmark Maintains Buy on Carpenter Tech, Raises Price Target to $300

In the current session, the stock is trading at $238.34, after a 1.42% spike. Over the past month, Carpenter Tech Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) stock increased by 15.73%, and in the past year, by 130.00%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2025/1748894420_0.png" alt="Past Year Chart" />

<h3>Carpenter Tech P/E Ratio Analysis in Relation to Industry Peers</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Compared to the aggregate P/E ratio of 29.93 in the Metals &amp; Mining industry, Carpenter Tech Inc. has a higher P/E ratio of 33.29. Shareholders might be inclined to think that Carpenter Tech Inc. might perform better than its industry group. It's also possible that the stock is overvalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1748894420_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Intraday Update

Markets

Price Over Earnings Overview: Carpenter Tech

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 3.16% on an annualized basis producing an average annual return of 11.44%. Currently, Carpenter Tech has a market capitalization of $11.95 billion. 
Buying $1000 In CRS: If an investor had bought $1000 of CRS stock 20 years ago, it would be worth $8,599.46 today based on a price of $240.00 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/2025/1748447117_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 20 Years Ago, You Would Have This Much Today

Carpenter Tech's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) short percent of float has risen 16.05% since its last report. The company recently reported that it has 4.32 million shares sold short, which is 12.15% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.56 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?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">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?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">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/2025/1748023229_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://www.benzinga.com/pro/">Benzinga Pro</a>, Carpenter Tech's peer group average for short interest as a percentage of float is 5.61%, 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?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">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

Is the Market Bullish or Bearish on Carpenter Tech?

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 1.55% on an annualized basis producing an average annual return of 13.53%. Currently, Carpenter Tech has a market capitalization of $11.51 billion. 
Buying $1000 In CRS: If an investor had bought $1000 of CRS stock 15 years ago, it would be worth $6,239.61 today based on a price of $231.24 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/2025/1747235712_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.

Here's How Much You Would Have Made Owning Carpenter Tech Stock In The Last 15 Years

Highlighted on May 1, it was unveiled in an SEC filing that INGLIS, Board Member at Carpenter Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>), executed a significant transaction involving the exercise of company stock options.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000017843/000106299325008303//Archives/edgar/data/17843/000106299325008303/0001062993-25-008303-index.htm">U.S. Securities and Exchange Commission</a> on Thursday revealed that INGLIS, Board Member at Carpenter Tech in the Materials sector, exercised stock options for 3,433 shares of CRS stock. The exercise price of the options was $34.76 per share.
Carpenter Tech shares are currently trading up by 1.74%, with a current price of $205.85 as of Friday morning. This brings the total value of INGLIS's 3,433 shares to $587,351.
<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>
Revenue Growth: Carpenter Tech's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2025, the company achieved a revenue growth rate of approximately 6.15%. This indicates a substantial increase in the company's 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.
Key Insights into Profitability Metrics:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 27.62%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Carpenter Tech's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 1.9.
</li>
</ul>
Debt Management: Carpenter Tech's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.39, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 28.66, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 3.52 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): The company's EV/EBITDA ratio 17.34 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: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
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<h3>Unmasking the Significance of Insider Transactions</h3>
Insightful as they may be, insider transactions should be considered alongside a thorough examination of other investment criteria.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Breaking Down the Significance of 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;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Insider Activity Update: MARTIN INGLIS Executes Options Exercise, Resulting In $587K At Carpenter Tech

JP Morgan analyst Bennett Moore maintains Carpenter Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) with a Overweight and raises the price target from $240 to $245.

JP Morgan Maintains Overweight on Carpenter Tech, Raises Price Target to $245

WIIM

Carpenter Technology shares are trading higher following a Q3 adjusted EPS beat. Additionally, the company raised its FY25 operating income guidance.

Guidance

Carpenter Technology Raises FY25 Operating Income Outlook To $520M - $527M

Carpenter Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) reported quarterly earnings of $1.88 per share which beat the analyst consensus estimate of $1.74 by 8.05 percent. This is a 57.98 percent increase over earnings of $1.19 per share from the same period last year. The company reported quarterly sales of $727.00 million which missed the analyst consensus estimate of $729.87 million by 0.39 percent. This is a 6.15 percent increase over sales of $684.90 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Carpenter Tech Q3 Adj. EPS $1.88 Beats $1.74 Estimate, Sales $727.00M Miss $729.87M Estimate

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Earnings Scheduled For April 24, 2025

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 1.79% on an annualized basis producing an average annual return of 9.6%. Currently, Carpenter Tech has a market capitalization of $8.37 billion. 
Buying $100 In CRS: If an investor had bought $100 of CRS stock 20 years ago, it would be worth $601.04 today based on a price of $167.60 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/2025/1745272817_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.

Here's How Much $100 Invested In Carpenter Tech 20 Years Ago Would Be Worth Today

Carpenter Tech's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) short percent of float has fallen 7.56% since its last report. The company recently reported that it has 3.36 million shares sold short, which is 9.41% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.46 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?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">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?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">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/2025/1745006426_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 declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less 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://www.benzinga.com/pro/">Benzinga Pro</a>, Carpenter Tech's peer group average for short interest as a percentage of float is 5.54%, 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?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">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.

How Is The Market Feeling About Carpenter Tech?

Carpenter Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) has outperformed the market over the past 10 years by 5.69% on an annualized basis producing an average annual return of 15.28%. Currently, Carpenter Tech has a market capitalization of $8.44 billion. 
Buying $1000 In CRS: If an investor had bought $1000 of CRS stock 10 years ago, it would be worth $4,186.18 today based on a price of $169.00 for CRS at the time of writing.
<h3>Carpenter Tech's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1744930813_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.

Here's How Much You Would Have Made Owning Carpenter Tech Stock In The Last 10 Years

President Donald Trump established a new body within the Commerce Department to manage the CHIPS and Science Act of 2022, benefiting <a href="https://www.benzinga.com/25/04/44584283/trump-sets-up-investment-accelerator-for-chips-act-management-heres-a-list-of-beneficiaries-that-could-be-impacted" target="_blank" rel="noreferrer noopener">companies like </a>Taiwan Semiconductor Manufacturing Co Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>).
Here's a look at some of hedge fund manager Dan Loeb&#8216;s semiconductor and electrical stocks year-to-date:
<ul>
<li>NET Power Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NPWR#NYSE">NPWR</a>) shares dropped 79.89%; its peer, Bloom Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BE#NYSE">BE</a>), saw a decline of 24.71% YTD. As of the fourth quarter <a href="https://www.sec.gov/Archives/edgar/data/1040273/000108514625001713/xslForm13F_X02/infotable.xml" target="_blank" rel="noreferrer noopener">of </a>2024, the investor retained a stake of 500,000 shares (same as <a href="https://www.sec.gov/Archives/edgar/data/1040273/000108514624005927/xslForm13F_X02/infotable.xml" target="_blank" rel="noreferrer noopener">in </a>the third quarter of 2024).</li>
<li>Taiwan Semiconductor stock tumbled 24.58% versus VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>) decline of 19.44% YTD. Third Point held 1.78 million shares in the contract <a href="https://www.benzinga.com/news/large-cap/25/01/43195763/dan-loebs-third-point-capitalizes-on-tsms-ai-expansion" target="_blank" rel="noreferrer noopener">chipmaker as of December 2024</a>.</li>
</ul>
Separately, the Trump administration excluded a range of technology products, including consumer electronics, <a href="https://www.benzinga.com/government/regulations/25/04/44786708/why-are-semiconductor-stocks-trading-higher-on-monday" target="_blank" rel="noreferrer noopener">from the 145% reciprocal tariffs bucket</a>.
Still, the tariff dispute between the U.S. and China is getting worse. A White House fact sheet has revealed that the Trump administration raised tariffs <a href="https://www.benzinga.com/markets/25/04/44831287/trump-administration-imposes-up-to-245-tariff-on-chinese-imports-amid-intensifying-trade-battle" target="_blank" rel="noreferrer noopener">on Chinese imports</a> by up to 245% &#8220;as a <a href="https://www.benzinga.com/25/04/44831422/donald-trumps-145-tariffs-on-china-could-disrupt-teslas-cybercab-semi-production-report" target="_blank" rel="noreferrer noopener">result of its retaliatory actions.</a>"
The White House argues that tariffs on critical minerals and their derivative products were levied to protect the U.S. defense capabilities, infrastructure development, and technological innovation.
Mineral stocks in Loeb&#8217;s portfolio are also on the downtrend:
<ul>
<li>Carpenter Technology Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) shares fell 2.93% compared to Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYZ#NASDAQ">PYZ</a>), which dipped 8.53% YTD. As of the fourth quarter&nbsp;<a href="https://www.sec.gov/Archives/edgar/data/1040273/000108514625001713/xslForm13F_X02/infotable.xml" target="_blank" rel="noreferrer noopener">of&nbsp;</a>2024, the investor held a stake of 870,000 shares, up from 660,000 shares as of the third quarter of 2024.</li>
</ul>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44698171/trumps-tariff-push-sends-financials-lower-loebs-portfolio-take-a-hit" target="_blank" rel="noreferrer noopener">Tariffs Test Loeb&#8217;s Financial Picks: Third Point Adjusts Bets As Markets Brace For Economic Blowback</a></li>
</ul>
Image: Shutterstock

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Trump Tariffs Roil Semiconductor, Mineral Stocks: Billionaire Dan Loeb's Portfolio Faces Grueling Test

Carpenter Tech's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) short percent of float has risen 11.87% since its last report. The company recently reported that it has 3.63 million shares sold short, which is 10.18% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.31 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?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">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?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">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/2025/1743616817_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://www.benzinga.com/pro/">Benzinga Pro</a>, Carpenter Tech's peer group average for short interest as a percentage of float is 5.30%, 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?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">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 20 years by 1.21% on an annualized basis producing an average annual return of 9.32%. Currently, Carpenter Tech has a market capitalization of $9.05 billion. 
Buying $100 In CRS: If an investor had bought $100 of CRS stock 20 years ago, it would be worth $580.61 today based on a price of $181.18 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/2025/1743525925_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.

President Donald Trump's fresh round of 25% auto import tariffs is shaking up the metals market, and JPMorgan analyst Bill Peterson sees near-term headwinds for key players in <a href="https://www.benzinga.com/topic/metals">steel, aluminum, and copper</a>. 
While domestic production incentives should help Cleveland-Cliffs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) and Constellium SE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CSTM#NYSE">CSTM</a>) in the long run, rising costs and inflationary pressures could stifle demand.
JPMorgan's U.S. Auto team expects vehicle prices to climb another 5%, with core PCE inflation now forecasted at 3.1% this year. The hit to real consumer spending has also led JPMorgan's economists to trim GDP growth estimates to 1.3% for 2024.
<h2 class="wp-block-heading">Copper Tariff Chatter Heats Up</h2>
The tariff storm doesn't stop with autos. Reports indicate Trump is eyeing a 25% tariff on U.S. copper imports, possibly rolling out within weeks—well ahead of the November deadline. 
This coincides with Glencore PLC's (OTCPK:GLNCY) force majeure at its Altnorte refinery in Chile, a major supplier to the US. Copper miner Freeport-McMoRan Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) is positioned to benefit, with COMEX copper trading at a 15% premium to LME. 
JPMorgan recently upgraded FCX to Overweight, seeing a 15% upside to its FY25 EBITDA, citing its defensive balance sheet and capex flexibility.
Read Also: <a href="https://www.benzinga.com/government/regulations/25/03/44476803/copper-breaks-records-on-china-stimulus-tariff-hype-these-stocks-are-riding-the-wave">Copper Breaks Records On China Stimulus, Tariff Hype: These Stocks Are Riding The Wave</a>
<h2 class="wp-block-heading">Short Sellers Smell Blood</h2>
Uncertainty has drawn in short sellers. Cleveland-Cliffs's short interest has spiked to a one-year high of 12.1%, while Carpenter Technology Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) saw a rise to 7.5%. With ‘Liberation Day' on Wednesday expected to bring another tariff barrage, volatility looms large.
However, JPMorgan remains bullish on select metals stocks, reaffirming its Overweight rating on FCX. As Peterson puts it, "FCX as a value/defensive play relative to growth-focused peers given its tenured management team, clean balance sheet, and capex optionality."
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/03/44498083/trumps-copper-tariffs-might-come-sooner-rather-than-later-insiders-warn">Trump&#8217;s Copper Tariffs Might Come Sooner Rather Than Later, Insiders Warn</a></li>
</ul>
Photo: Shutterstock/Eric Glenn

Analyst Color

Long Ideas

Commodities

CSTM

GLNCY

Tariff Turmoil: Cleveland-Cliffs, Constellium, Freeport-McMoRan Caught In The Crossfire, Says Analyst

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 1.05% on an annualized basis producing an average annual return of 9.17%. Currently, Carpenter Tech has a market capitalization of $9.07 billion. 
Buying $1000 In CRS: If an investor had bought $1000 of CRS stock 20 years ago, it would be worth $5,845.63 today based on a price of $181.61 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/2025/1741878915_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.

Management

Press Releases

Howard Yu Joins Carpenter Technology's Board of Directors

Carpenter Technology Reports First Quarter Fiscal Year 2025 Results

Apollo Global Management and Workday Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

Carpenter Technology Announces Conference Call and Webcast

Dividends

Carpenter Technology Declares Quarterly Cash Dividend

Carpenter Technology Reports Second Quarter Fiscal Year 2025 Results

Julie A. Beck Joins Carpenter Technology's Board of Directors

Carpenter Technology Reports Third Quarter Fiscal Year 2025 Results

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