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Raymond James & Associates lowered its place in shares of Carpenter Know-how Co. (NYSE:CRS – Get Rating) by 1.0% throughout the third quarter, in response to the corporate in its most up-to-date disclosure with the Securities and Change Fee. The agency owned 289,430 shares of the essential supplies firm’s inventory after promoting 3,060 shares throughout the interval. Raymond James & Associates owned 0.60% of Carpenter Know-how value $9,013,000 as of its most up-to-date submitting with the Securities and Change Fee.
A variety of different giant traders additionally lately made modifications to their positions in CRS. JPMorgan Chase & Co. elevated its stake in shares of Carpenter Know-how by 168.6% throughout the first quarter. JPMorgan Chase & Co. now owns 125,803 shares of the essential supplies firm’s inventory value $5,281,000 after buying a further 78,961 shares throughout the interval. Raymond James Monetary Providers Advisors Inc. elevated its stake in shares of Carpenter Know-how by 11.3% throughout the first quarter. Raymond James Monetary Providers Advisors Inc. now owns 9,917 shares of the essential supplies firm’s inventory value $416,000 after buying a further 1,009 shares throughout the interval. Personal Advisor Group LLC acquired a brand new stake in Carpenter Know-how throughout the first quarter value roughly $325,000. Citigroup Inc. grew its place in Carpenter Know-how by 4.1% throughout the first quarter. Citigroup Inc. now owns 42,825 shares of the essential supplies firm’s inventory value $1,797,000 after shopping for a further 1,685 shares within the final quarter. Lastly, MetLife Funding Administration LLC grew its place in Carpenter Know-how by 38.5% throughout the first quarter. MetLife Funding Administration LLC now owns 25,021 shares of the essential supplies firm’s inventory value $1,050,000 after shopping for a further 6,949 shares within the final quarter. Institutional traders personal 92.28% of the corporate’s inventory.
Carpenter Know-how Buying and selling Up 1.8 %
Shares of CRS stock opened at $43.75 on Friday. The inventory’s fifty day shifting common value is $39.68 and its two-hundred day shifting common value is $35.58. The corporate has a market cap of $2.12 billion, a PE ratio of -50.87 and a beta of 1.69. Carpenter Know-how Co. has a fifty-two week low of $24.76 and a fifty-two week excessive of $44.96. The corporate has a debt-to-equity ratio of 0.53, a fast ratio of 1.30 and a present ratio of two.80.
Carpenter Know-how (NYSE:CRS – Get Rating) final issued its earnings outcomes on Thursday, October twenty seventh. The essential supplies firm reported ($0.14) earnings per share for the quarter, assembly analysts’ consensus estimates of ($0.14). The agency had income of $522.90 million for the quarter, in comparison with the consensus estimate of $558.00 million. Carpenter Know-how had a destructive return on fairness of three.35% and a destructive internet margin of two.09%. Equities analysts predict that Carpenter Know-how Co. will submit 1.15 EPS for the present fiscal yr.
Wall Road Analysts Forecast Progress
Individually, StockNews.com downgraded Carpenter Know-how from a “maintain” score to a “promote” score in a analysis report on Thursday, December eighth. One analyst has rated the inventory with a promote score and 4 have assigned a purchase score to the corporate. Based mostly on knowledge from MarketBeat, Carpenter Know-how presently has a median score of “Reasonable Purchase” and a consensus value goal of $47.75.
Carpenter Know-how Profile
Carpenter Know-how Company engages within the manufacture, fabrication, and distribution of specialty metals in america, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Efficiency Engineered Merchandise. The corporate affords specialty alloys, together with titanium alloys, powder metals, stainless steels, alloy steels, and power steels, in addition to components, and steel powders and elements.
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