
Carpenter Technology (CRS) Stock Forecast & Price Target
Carpenter Technology (CRS) Analyst Ratings
Bulls say
Carpenter Technology Corp has raised its full-year guidance to the high end of the $460 million to $500 million range, driven by a robust start to fiscal year 2025 and a notable 28% year-over-year increase in Aerospace and Defense sales. The Specialty Alloys Operations segment achieved a record operating income of $136.5 million at a 26.5% margin, reflecting significant enhancements in operational efficiency and pricing power. Additionally, the company is projecting $250 million to $300 million in free cash flow for FY25 with an improved conversion rate, suggesting a strengthened financial position and operational performance post-COVID.
Bears say
Carpenter Technology Corp's financial outlook appears negative due to declining incremental EBITDA that increasingly fails to translate into free cash flow (FCF). Despite robust demand trends in the aerospace and defense sectors, the company's Specialty Alloys Operations segment is experiencing upward pressure on margin assumptions, which may hinder long-term profitability. Additionally, idiosyncratic ramp issues faced by key original equipment manufacturers (OEMs) in the aerospace and defense markets have resulted in fragile supply dynamics that could impact Carpenter's revenue potential.
This aggregate rating is based on analysts' research of Carpenter Technology and is not a guaranteed prediction by Public.com or investment advice.
Carpenter Technology (CRS) Analyst Forecast & Price Prediction
Start investing in Carpenter Technology (CRS)
Order type
Buy in
Order amount
Est. shares
0 shares