Carpenter (CRS) Stock Forecast, Price Target & Predictions
CRS Stock Forecast
Carpenter stock forecast is as follows: an average price target of $144.00 (represents a 8.96% upside from CRS’s last price of $132.16) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
CRS Price Target
The average price target for Carpenter (CRS) is $144.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $144.00 to $144.00. This represents a potential 8.96% upside from CRS's last price of $132.16.
CRS Analyst Ratings
According to 4 Wall Street analysts, Carpenter's rating consensus is 'Buy'. The analyst rating breakdown for CRS stock is 0 'Strong Buy' (0.00%), 4 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Carpenter Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 25, 2024 | Scott Deuschle | Deutsche Bank | $144.00 | $98.46 | 46.25% | 8.96% |
The latest Carpenter stock forecast, released on Jun 25, 2024 by Scott Deuschle from Deutsche Bank, set a price target of $144.00, which represents a 46.25% increase from the stock price at the time of the forecast ($98.46), and a 8.96% increase from CRS last price ($132.16).
Carpenter Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $144.00 | $144.00 |
| Last Closing Price | $132.16 | $132.16 | $132.16 |
| Upside/Downside | -100.00% | 8.96% | 8.96% |
In the current month, the average price target of Carpenter stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Carpenter's last price of $132.16. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 30, 2024 | BTIG | Buy | Buy | Hold |
| Jul 26, 2024 | Deutsche Bank | Underperform | Underperform | Hold |
| Jul 26, 2024 | Northcoast Research | Buy | Buy | Hold |
| Jul 26, 2024 | Benchmark | Buy | Buy | Hold |
| Jun 25, 2024 | BTIG | - | Buy | Initialise |
| Jun 25, 2024 | Deutsche Bank | - | Buy | Initialise |
| Jun 10, 2024 | Benchmark | Underperform | Underperform | Hold |
| Jun 10, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Apr 09, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Sep 13, 2023 | Benchmark | Buy | Buy | Hold |
Carpenter's last stock rating was published by BTIG on Jul 30, 2024. The company gave CRS a "Buy" rating, the same as its previous rate.
Carpenter Financial Forecast
Carpenter Revenue Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $624.20M | - | $758.10M | $690.10M | $579.10M | $522.90M | $563.80M | $489.00M | $396.00M | $387.60M | $421.60M | $351.90M | $348.80M | $353.30M | $437.30M | $585.40M |
| Avg Forecast | $919.13M | $887.05M | $855.41M | $829.81M | $898.41M | $848.73M | $796.25M | $790.50M | $829.15M | $778.30M | $738.81M | $743.58M | $763.76M | $707.73M | $657.10M | $739.15M | $743.07M | $632.50M | $523.25M | $559.40M | $506.52M | $404.88M | $365.92M | $420.42M | $377.66M | $368.53M | $363.00M | $371.00M | $509.33M | $576.25M |
| High Forecast | $973.93M | $939.94M | $906.42M | $879.29M | $951.98M | $899.33M | $843.73M | $837.63M | $878.58M | $824.71M | $782.86M | $754.52M | $809.30M | $749.92M | $689.21M | $768.00M | $787.37M | $670.21M | $554.45M | $592.75M | $525.57M | $420.11M | $379.68M | $436.23M | $391.86M | $382.39M | $376.65M | $384.95M | $528.49M | $597.92M |
| Low Forecast | $892.34M | $861.19M | $830.48M | $805.62M | $872.22M | $823.99M | $773.05M | $767.46M | $804.98M | $755.62M | $717.28M | $732.64M | $741.50M | $687.10M | $632.02M | $709.60M | $721.41M | $614.06M | $508.00M | $543.10M | $495.34M | $395.94M | $357.84M | $411.14M | $369.32M | $360.40M | $354.99M | $362.81M | $498.09M | $563.53M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | - | 1.02% | 1.09% | 1.11% | 0.93% | 1.11% | 1.21% | 1.08% | 0.92% | 1.12% | 0.95% | 0.96% | 0.95% | 0.86% | 1.02% |
Carpenter's average Quarter revenue forecast for Mar 24 based on 1 analysts is $707.73M, with a low forecast of $687.10M, and a high forecast of $749.92M. CRS's average Quarter revenue forecast represents a 13.38% increase compared to the company's last Quarter revenue of $624.20M (Dec 23).
Carpenter EBITDA Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $69.80M | - | $96.20M | $69.60M | $52.80M | $38.20M | $24.80M | $39.00M | $7.90M | $17.50M | $-37.80M | $-16.30M | $-59.00M | $-20.20M | $-112.50M | $86.00M |
| Avg Forecast | $79.60M | $76.82M | $74.08M | $71.86M | $77.80M | $73.50M | $68.96M | $68.46M | $71.80M | $67.40M | $63.98M | $64.39M | $66.14M | $55.01M | $56.91M | $64.01M | $64.35M | $50.01M | $45.31M | $17.95M | $43.86M | $45.46M | $31.69M | $36.41M | $32.71M | $-17.16M | $31.44M | $32.13M | $44.11M | $81.59M |
| High Forecast | $84.34M | $81.40M | $78.50M | $76.15M | $82.44M | $77.88M | $73.07M | $72.54M | $76.09M | $71.42M | $67.80M | $65.34M | $70.09M | $66.01M | $59.69M | $66.51M | $68.19M | $60.01M | $48.02M | $21.54M | $45.51M | $54.55M | $32.88M | $37.78M | $33.94M | $-13.73M | $32.62M | $33.34M | $45.77M | $97.91M |
| Low Forecast | $77.28M | $74.58M | $71.92M | $69.77M | $75.54M | $71.36M | $66.95M | $66.46M | $69.71M | $65.44M | $62.12M | $63.45M | $64.21M | $44.00M | $54.73M | $61.45M | $62.47M | $40.00M | $43.99M | $14.36M | $42.90M | $36.37M | $30.99M | $35.60M | $31.98M | $-20.59M | $30.74M | $31.42M | $43.13M | $65.27M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.23% | - | 1.49% | 1.39% | 1.17% | 2.13% | 0.57% | 0.86% | 0.25% | 0.48% | -1.16% | 0.95% | -1.88% | -0.63% | -2.55% | 1.05% |
1 analysts predict CRS's average Quarter EBITDA for Mar 24 to be $55.01M, with a high of $66.01M and a low of $44.00M. This is -21.20% lower than Carpenter's previous annual EBITDA (Dec 23) of $69.80M.
Carpenter Net Income Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $42.70M | - | $38.40M | $18.60M | $6.20M | $-6.90M | $2.60M | $-7.50M | $-29.40M | $-14.80M | $-57.10M | $-40.50M | $-84.90M | $-47.10M | $-118.40M | $39.90M |
| Avg Forecast | $131.02M | $117.53M | $112.61M | $118.02M | $115.54M | $101.03M | $90.74M | $95.13M | $94.22M | $81.36M | $74.18M | $78.43M | $76.23M | $-11.43M | $43.01M | $38.46M | $33.56M | $-10.39M | $6.20M | $-15.18M | $-1.11M | $-9.44M | $-31.27M | $-16.90M | $-25.20M | $-42.63M | $-32.38M | $-28.34M | $9.23M | $37.85M |
| High Forecast | $141.18M | $126.64M | $121.34M | $127.16M | $124.49M | $108.86M | $97.78M | $102.50M | $101.52M | $87.67M | $79.93M | $84.30M | $82.13M | $-9.14M | $46.55M | $40.99M | $36.17M | $-8.31M | $6.68M | $-12.14M | $-1.08M | $-7.56M | $-30.37M | $-16.42M | $-24.48M | $-34.11M | $-31.45M | $-27.52M | $9.69M | $45.42M |
| Low Forecast | $126.06M | $113.08M | $108.34M | $113.54M | $111.16M | $97.20M | $87.30M | $91.52M | $90.65M | $78.28M | $71.37M | $72.03M | $73.34M | $-13.71M | $39.97M | $37.44M | $32.29M | $-12.47M | $5.96M | $-18.21M | $-1.17M | $-11.33M | $-32.80M | $-17.73M | $-26.43M | $-51.16M | $-33.97M | $-29.72M | $8.97M | $30.28M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | - | 1.14% | -1.79% | 1.00% | 0.45% | -2.34% | 0.79% | 0.94% | 0.88% | 2.27% | 0.95% | 2.62% | 1.66% | -12.82% | 1.05% |
Carpenter's average Quarter net income forecast for Mar 24 is $-11.43M, with a range of $-13.71M to $-9.14M. CRS's average Quarter net income forecast represents a -126.76% decrease compared to the company's last Quarter net income of $42.70M (Dec 23).
Carpenter SG&A Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $52.80M | - | $56.10M | $54.20M | $47.40M | $46.50M | $47.40M | $38.40M | $44.60M | $44.30M | $47.90M | $47.80M | $42.20M | $42.30M | $42.00M | $50.80M |
| Avg Forecast | $86.93M | $83.90M | $80.90M | $78.48M | $84.97M | $80.27M | $75.31M | $74.76M | $78.42M | $73.61M | $69.88M | $70.33M | $72.24M | $58.51M | $62.15M | $69.91M | $70.28M | $53.19M | $49.49M | $45.43M | $47.91M | $48.36M | $34.61M | $39.76M | $35.72M | $50.32M | $34.33M | $35.09M | $48.17M | $48.19M |
| High Forecast | $92.11M | $88.90M | $85.73M | $83.16M | $90.04M | $85.06M | $79.80M | $79.22M | $83.10M | $78.00M | $74.04M | $71.36M | $76.54M | $70.21M | $65.19M | $72.64M | $74.47M | $63.83M | $52.44M | $54.51M | $49.71M | $58.03M | $35.91M | $41.26M | $37.06M | $60.38M | $35.62M | $36.41M | $49.98M | $57.83M |
| Low Forecast | $84.40M | $81.45M | $78.55M | $76.20M | $82.49M | $77.93M | $73.11M | $72.59M | $76.13M | $71.47M | $67.84M | $69.29M | $70.13M | $46.81M | $59.78M | $67.11M | $68.23M | $42.55M | $48.05M | $36.34M | $46.85M | $38.68M | $33.84M | $38.89M | $34.93M | $40.25M | $33.57M | $34.31M | $47.11M | $38.56M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | - | 0.80% | 1.02% | 0.96% | 1.02% | 0.99% | 0.79% | 1.29% | 1.11% | 1.34% | 0.95% | 1.23% | 1.21% | 0.87% | 1.05% |
Carpenter's average Quarter SG&A projection for Mar 24 is $58.51M, based on 1 Wall Street analysts, with a range of $46.81M to $70.21M. The forecast indicates a 10.81% rise compared to CRS last annual SG&A of $52.80M (Dec 23).
Carpenter EPS Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.86 | - | $0.78 | $0.38 | $0.13 | $-0.14 | $0.05 | $-0.15 | $-0.60 | $-0.31 | $-1.18 | $-0.84 | $-1.76 | $-0.98 | $-2.46 | $0.82 |
| Avg Forecast | $2.59 | $2.32 | $2.23 | $2.33 | $2.28 | $2.00 | $1.79 | $1.88 | $1.86 | $1.61 | $1.47 | $1.55 | $1.51 | $0.94 | $0.85 | $0.76 | $0.66 | $0.30 | $0.12 | $-0.07 | $-0.02 | $-0.29 | $-0.62 | $-0.33 | $-0.50 | $-0.57 | $-0.64 | $-0.56 | $0.18 | $0.78 |
| High Forecast | $2.79 | $2.50 | $2.40 | $2.51 | $2.46 | $2.15 | $1.93 | $2.03 | $2.01 | $1.73 | $1.58 | $1.67 | $1.62 | $1.01 | $0.92 | $0.81 | $0.71 | $0.33 | $0.13 | $-0.06 | $-0.02 | $-0.28 | $-0.60 | $-0.32 | $-0.48 | $-0.55 | $-0.62 | $-0.54 | $0.19 | $0.81 |
| Low Forecast | $2.49 | $2.23 | $2.14 | $2.24 | $2.20 | $1.92 | $1.73 | $1.81 | $1.79 | $1.55 | $1.41 | $1.42 | $1.45 | $0.90 | $0.79 | $0.74 | $0.64 | $0.29 | $0.12 | $-0.07 | $-0.02 | $-0.30 | $-0.65 | $-0.35 | $-0.52 | $-0.60 | $-0.67 | $-0.59 | $0.18 | $0.75 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | - | 1.18% | 1.25% | 1.06% | 2.07% | -2.27% | 0.52% | 0.97% | 0.93% | 2.37% | 1.47% | 2.75% | 1.75% | -13.48% | 1.06% |
According to 1 Wall Street analysts, Carpenter's projected average Quarter EPS for Mar 24 is $0.94, with a low estimate of $0.90 and a high estimate of $1.01. This represents a 9.30% increase compared to CRS previous annual EPS of $0.86 (Dec 23).
Carpenter Peer Comparison by Price Target
CRS Forecast FAQ
Is Carpenter a good buy?
Yes, according to 4 Wall Street analysts, Carpenter (CRS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 100.00% of CRS's total ratings.
What is CRS's price target?
Carpenter (CRS) average price target is $144 with a range of $144 to $144, implying a 8.96% from its last price of $132.16. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Carpenter stock go up soon?
According to Wall Street analysts' prediction for CRS stock, the company can go up by 8.96% (from the last price of $132.16 to the average price target of $144), up by 8.96% based on the highest stock price target, and up by 8.96% based on the lowest stock price target.
Can Carpenter stock reach $200?
CRS's average twelve months analyst stock price target of $144 does not support the claim that Carpenter can reach $200 in the near future.
What are Carpenter's analysts' financial forecasts?
Carpenter's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $3.33B (high $3.53B, low $3.24B), average EBITDA is $288.72M (high $305.93M, low $280.3M), average net income is $402.44M (high $433.63M, low $387.19M), average SG&A $315.32M (high $334.12M, low $306.13M), and average EPS is $7.95 (high $8.57, low $7.65). CRS's analysts financial forecasts for the fiscal year (Jun 2027) are as follows: average revenue is $3.49B (high $3.7B, low $3.39B), average EBITDA is $302.36M (high $320.39M, low $293.54M), average net income is $479.18M (high $516.32M, low $461.02M), average SG&A $330.21M (high $349.9M, low $320.59M), and average EPS is $9.47 (high $10.2, low $9.11).
Did the CRS's actual financial results beat the analysts' financial forecasts?
Based on Carpenter's last annual report (Jun 2023), the company's revenue was $2.55B, beating the average analysts forecast of $2.46B by 3.75%. Apple's EBITDA was $257.6M, beating the average prediction of $177.62M by 45.03%. The company's net income was $56.4M, beating the average estimation of $14.2M by 297.27%. Apple's SG&A was $204.2M, missing the average forecast of $218.39M by -6.50%. Lastly, the company's EPS was $1.15, beating the average prediction of $1.02 by 12.56%. In terms of the last quarterly report (Dec 2023), Carpenter's revenue was $624.2M, missing the average analysts' forecast of $657.1M by -5.01%. The company's EBITDA was $69.8M, beating the average prediction of $56.91M by 22.66%. Carpenter's net income was $42.7M, missing the average estimation of $43.01M by -0.72%. The company's SG&A was $52.8M, missing the average forecast of $62.15M by -15.04%. Lastly, the company's EPS was $0.86, beating the average prediction of $0.85 by 1.18%