Carpenter Technology Corporation (CRS) - FREE Research Report

Hicks Thomas O who is Director at Carpenter Technology Corporation sold 111,156 shares at $60.54 on Dec. 2, 2013. Following this transaction, the Director owned 74,598 shares meaning that the stake was reduced by 59.84% with the 111,156-share transaction.

The shares most recently traded at $60.30, down $0.24, or 0.39% since the insider transaction. Historical insider transactions for Carpenter Technology Corporation go as follows:

  • 4-Week # shares sold: 49,299
  • 12-Week # shares sold: 49,299
  • 24-Week # shares sold: 49,299

The average volume for Carpenter Technology Corporation has been 333,000 shares per day over the past 30 days. Carpenter Technology Corporation has a market cap of $3.2 billion and is part of the industrial goods sector and industrial industry. Shares are up 16.6% year-to-date as of the close of trading on Monday.

Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. It operates in three segments: Specialty Alloys Operations, Latrobe, and Performance Engineered Products. The stock currently has a dividend yield of 1.19%. The company has a P/E ratio of 22.8. Currently there are 5 analysts that rate Carpenter Technology Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on CRS - FREE

TheStreet Quant Ratings rates Carpenter Technology Corporation as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Carpenter Technology Corporation Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Data for this article provided by Zacks Investment Research

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