Carpenter Technology (CRS) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, CRS broke out above the 50-day moving average, suggesting a short-term bullish trend.
Five stocks, namely, CRWD, IBKR, HOOD, CRS and SRAD, stand out as the top momentum picks for September.
Carpenter Technology remains a Buy due to strong revenue and margin growth drivers in aerospace, power generation, and energy end markets. Capacity expansion, robust pricing power, and operating leverage should drive double-digit EPS growth for several years. The stock trades at a discount to historical valuation, despite visible growth, offering an attractive risk/reward profile.
Carpenter Technology has achieved its four-year operating income target in just two years, demonstrating exceptional earnings growth despite industry headwinds. The company continues to expand profit margins, with its SAO segment reaching 30.5% in Q4 and 16 consecutive quarters of margin improvement. Management has set ambitious new targets, projecting 26%-33% Y/Y operating income growth for FY 2026 and a 25% CAGR through FY 2027.
Here is how Carpenter Technology (CRS) and Norsk Hydro ASA (NHYDY) have performed compared to their sector so far this year.
3D Printing is reshaping industries with faster production and lower costs, drawing investor interest. Stocks like GE, PTC, CRS, PRLB and DDD offer strong growth potential.
CRS, VIRT and ROOT have strong year-long momentum but recent pullbacks may offer a timely entry point for investors.
RDDT, CRS and GHM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 7, 2025.
The headline numbers for Carpenter (CRS) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Carpenter Technology (CRS) came out with quarterly earnings of $2.21 per share, beating the Zacks Consensus Estimate of $2.03 per share. This compares to earnings of $1.82 per share a year ago.
Beyond analysts' top-and-bottom-line estimates for Carpenter (CRS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2025.
CRS is expected to see Q4 earnings growth despite lower sales, with aerospace demand and higher margins offsetting headwinds.