
Carpenter Technology (CRS) Stock Forecast & Price Target
Carpenter Technology (CRS) Analyst Ratings
Bulls say
Carpenter Technology is poised for strong performance in the coming years, driven by tight supply and demand conditions in nickel-based superalloys for A&D markets. The company's focus on the aerospace sector and its strong margin expansion potential, coupled with disciplined working capital management and minimal upcoming capital expenditures, will support its continued growth and profitability. In addition, delayed cash spend timing for its Athens brownfield expansion is expected to generate stronger free cash flow for the company, further enhancing its financial stability.
Bears say
Carpenter Technology is showing signs of trouble with their mix of broader sector pressure and elevated expectations, leading to a 5.0% downturn and lower price per pound in commercial aerospace.The company's reliance on the Specialty Alloys Operations segment for maximum revenue, which saw flat revenue per pound and a decrease in EBITDA per pound, is also a cause for concern. Furthermore, while energy sales saw growth thanks to IGT, any potential pullback in hyperscaler data center capex may not significantly impact the company's financials, but it highlights their dependence on specific markets.
This aggregate rating is based on analysts' research of Carpenter Technology and is not a guaranteed prediction by Public.com or investment advice.
Carpenter Technology (CRS) Analyst Forecast & Price Prediction
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