Carpenter Technology (NYSE:CRS – Get Free Report) is one of 229 publicly-traded companies in the “Aerospace & Defense” industry, but how does it contrast to its competitors? We will compare Carpenter Technology to similar businesses based on the strength of its analyst recommendations, valuation, risk, earnings, dividends, institutional ownership and profitability.
Profitability
This table compares Carpenter Technology and its competitors’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Carpenter Technology | 17.87% | 27.50% | 15.76% |
| Carpenter Technology Competitors | -278.19% | -46.46% | -4.02% |
Earnings and Valuation
This table compares Carpenter Technology and its competitors gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Carpenter Technology | $3.12 billion | $529.80 million | 26.97 |
| Carpenter Technology Competitors | $8.34 billion | $569.54 million | 25.79 |
Carpenter Technology’s competitors have higher revenue and earnings than Carpenter Technology. Carpenter Technology is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Insider & Institutional Ownership
92.0% of Carpenter Technology shares are held by institutional investors. Comparatively, 49.5% of shares of all “Aerospace & Defense” companies are held by institutional investors. 2.9% of Carpenter Technology shares are held by insiders. Comparatively, 11.8% of shares of all “Aerospace & Defense” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Analyst Recommendations
This is a breakdown of current recommendations for Carpenter Technology and its competitors, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Carpenter Technology | 0 | 4 | 5 | 0 | 2.56 |
| Carpenter Technology Competitors | 2156 | 8265 | 12773 | 580 | 2.50 |
Carpenter Technology presently has a consensus target price of $476.43, indicating a potential upside of 55.77%. As a group, “Aerospace & Defense” companies have a potential upside of 27.19%. Given Carpenter Technology’s stronger consensus rating and higher possible upside, research analysts clearly believe Carpenter Technology is more favorable than its competitors.
Volatility & Risk
Carpenter Technology has a beta of 1.43, meaning that its share price is 43% more volatile than the S&P 500. Comparatively, Carpenter Technology’s competitors have a beta of 1.31, meaning that their average share price is 31% more volatile than the S&P 500.
Dividends
Carpenter Technology pays an annual dividend of $0.80 per share and has a dividend yield of 0.3%. Carpenter Technology pays out 7.1% of its earnings in the form of a dividend. As a group, “Aerospace & Defense” companies pay a dividend yield of 1.1% and pay out 38.4% of their earnings in the form of a dividend.
Summary
Carpenter Technology beats its competitors on 10 of the 15 factors compared.
Carpenter Technology Company Profile
Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts. It serves to aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.
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