What is Zacks Research’s Estimate for CRS FY2027 Earnings?

Posted by Brenda Bartman on Sep 17th, 2026

Carpenter Technology Corporation (NYSE:CRS – Free Report) – Equities researchers at Zacks Research boosted their FY2027 earnings per share (EPS) estimates for shares of Carpenter Technology in a report released on Wednesday, September 16th. Zacks Research analyst Team now anticipates that the basic materials company will post earnings of $12.82 per share for the year, up from their previous forecast of $12.80. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Carpenter Technology’s current full-year earnings is $13.28 per share. Zacks Research also issued estimates for Carpenter Technology’s Q4 2027 earnings at $3.60 EPS, Q2 2028 earnings at $3.59 EPS and FY2028 earnings at $15.26 EPS.

Carpenter Technology (NYSE:CRS – Get Free Report) last posted its earnings results on Thursday, July 30th. The basic materials company reported $3.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.09 by $0.14. The firm had revenue of $679.70 million for the quarter, compared to analyst estimates of $863.33 million. Carpenter Technology had a return on equity of 26.46% and a net margin of 16.96%.Carpenter Technology’s revenue was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.21 EPS.

CRS has been the topic of several other reports. Weiss Ratings restated a “buy (b)” rating on shares of Carpenter Technology in a research report on Monday, August 31st. KeyCorp dropped their price objective on Carpenter Technology from $644.00 to $608.00 and set an “overweight” rating for the company in a research report on Monday, August 3rd. JPMorgan Chase & Co. cut their target price on shares of Carpenter Technology from $705.00 to $700.00 and set an “overweight” rating for the company in a research note on Friday, July 31st. Wells Fargo & Company upped their target price on shares of Carpenter Technology from $425.00 to $540.00 and gave the company an “equal weight” rating in a report on Tuesday, August 4th. Finally, Wall Street Zen raised shares of Carpenter Technology from a “hold” rating to a “buy” rating in a research note on Saturday, September 12th. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $577.25.

Read Our Latest Research Report on Carpenter Technology

Carpenter Technology Stock Performance

Carpenter Technology stock opened at $411.25 on Thursday. Carpenter Technology has a fifty-two week low of $228.00 and a fifty-two week high of $625.98. The company has a market capitalization of $20.38 billion, a price-to-earnings ratio of 39.09, a PEG ratio of 1.47 and a beta of 1.26. The stock has a fifty day moving average of $520.20 and a two-hundred day moving average of $480.97. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.23 and a current ratio of 3.81.

Carpenter Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Tuesday, August 25th were issued a $0.20 dividend. The ex-dividend date was Tuesday, August 25th. This represents a $0.80 annualized dividend and a yield of 0.2%. Carpenter Technology’s payout ratio is 7.60%.

Insiders Place Their Bets

In other Carpenter Technology news, CEO Tony Thene sold 57,456 shares of the stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $483.90, for a total transaction of $27,802,958.40. Following the transaction, the chief executive officer owned 439,631 shares of the company’s stock, valued at $212,737,440.90. This represents a 11.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Ramin Younessi sold 438 shares of the firm’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $493.15, for a total value of $215,999.70. Following the sale, the director owned 1,953 shares in the company, valued at $963,121.95. This trade represents a 18.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 112,996 shares of company stock valued at $54,644,436 in the last quarter. 2.90% of the stock is currently owned by company insiders.

Institutional Trading of Carpenter Technology

A number of hedge funds have recently added to or reduced their stakes in the business. Wealthcare Advisory Partners LLC boosted its stake in shares of Carpenter Technology by 1.7% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,148 shares of the basic materials company’s stock valued at $708,000 after buying an additional 19 shares during the period. Essential Partners LLC raised its holdings in shares of Carpenter Technology by 9.9% during the first quarter. Essential Partners LLC now owns 378 shares of the basic materials company’s stock worth $149,000 after acquiring an additional 34 shares in the last quarter. SJS Investment Consulting Inc. boosted its position in Carpenter Technology by 81.8% during the first quarter. SJS Investment Consulting Inc. now owns 80 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 36 shares during the last quarter. TrueWealth Advisors LLC grew its stake in Carpenter Technology by 1.3% in the second quarter. TrueWealth Advisors LLC now owns 2,789 shares of the basic materials company’s stock valued at $1,720,000 after purchasing an additional 36 shares in the last quarter. Finally, Severin Investments LLC increased its position in Carpenter Technology by 1.8% in the 1st quarter. Severin Investments LLC now owns 2,190 shares of the basic materials company’s stock worth $863,000 after purchasing an additional 39 shares during the last quarter. 92.03% of the stock is owned by institutional investors and hedge funds.

Carpenter Technology Company Profile

(Get Free Report)

Carpenter Technology Corporation is a manufacturer of premium specialty alloys and engineered materials for demanding applications. The company develops and produces stainless steels, nickel- and cobalt-based alloys, titanium, powder metals, and other high-performance materials designed to withstand extreme temperatures, corrosion, wear, and stress.

Its products are used in the aerospace and defense, medical, energy, transportation, industrial, and consumer sectors. Carpenter also provides specialty manufacturing capabilities, including additive manufacturing powders, precision-engineered components, and materials tailored to specific customer requirements.