CRS Stock Summary and Trading Ideas (Carpenter Technology | NYSE:CRS)

Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others. The company's reportable segments include; Specialty Alloys Operations and Performance Engineered Products. It generates maximum revenue from the Specialty Alloys Operations segment. The SAO segment is comprised of the company's alloy and stainless steel manufacturing operations. This includes operations performed at mills predominantly in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama. Geographically, the company derives its maximum revenue from the United States and the rest from Europe, Asia Pacific, Mexico, Canada, and other regions.

Carpenter Technology trades on the NYSE stock market under the symbol CRS.

As of April 22, 2026, CRS stock price declined to $416.74 with 227,782 million shares trading.

CRS has a beta of 1.33, meaning it tends to be more sensitive to market movements. CRS has a correlation of 0.19 to the broad based SPY ETF.

CRS has a market cap of $20.77 billion. This is considered a Large Cap stock.

Last quarter Carpenter Technology reported $728 million in Revenue and $2.33 earnings per share. This fell short of revenue expectation by $-4 million and exceeded earnings estimates by $.12.

In the last 3 years, CRS traded as high as $459.18 and as low as $44.40.

The top ETF exchange traded funds that CRS belongs to (by Net Assets): IJH, VTI, VB, ITA, VBK.

CRS has outperformed the market in the last year with a return of +149.4%, while the SPY ETF gained +39.7%. In the last 3 month period, CRS beat the market returning +23.8%, while SPY returned +3.9%. However, in the most recent 2 weeks CRS has underperformed the stock market by returning +5.8%, while SPY returned +7.8%.

CRS support price is $424.20 and resistance is $453.56 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CRS shares will trade within this expected range on the day.