Carpenter Technology Corporation (NYSE: CRS) is one of 28 public companies in the “Steel” industry, but how does it compare to its rivals? We will compare Carpenter Technology Corporation to similar businesses based on the strength of its risk, analyst recommendations, valuation, earnings, dividends, institutional ownership and profitability.

Risk and Volatility

Carpenter Technology Corporation has a beta of 2.09, suggesting that its stock price is 109% more volatile than the S&P 500. Comparatively, Carpenter Technology Corporation’s rivals have a beta of 1.37, suggesting that their average stock price is 37% more volatile than the S&P 500.

Analyst Ratings

This is a summary of recent ratings and target prices for Carpenter Technology Corporation and its rivals, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Carpenter Technology Corporation 0 2 3 0 2.60
Carpenter Technology Corporation Competitors 331 969 1013 36 2.32

Carpenter Technology Corporation presently has a consensus target price of $43.40, suggesting a potential downside of 6.35%. As a group, “Steel” companies have a potential upside of 13.34%. Given Carpenter Technology Corporation’s rivals higher probable upside, analysts plainly believe Carpenter Technology Corporation has less favorable growth aspects than its rivals.

Insider & Institutional Ownership

92.8% of Carpenter Technology Corporation shares are owned by institutional investors. Comparatively, 52.1% of shares of all “Steel” companies are owned by institutional investors. 4.5% of Carpenter Technology Corporation shares are owned by company insiders. Comparatively, 12.1% of shares of all “Steel” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Dividends

Carpenter Technology Corporation pays an annual dividend of $0.72 per share and has a dividend yield of 1.6%. Carpenter Technology Corporation pays out 72.0% of its earnings in the form of a dividend. As a group, “Steel” companies pay a dividend yield of 2.2% and pay out 60.2% of their earnings in the form of a dividend. Carpenter Technology Corporation lags its rivals as a dividend stock, given its lower dividend yield and higher payout ratio.

Earnings and Valuation

This table compares Carpenter Technology Corporation and its rivals top-line revenue, earnings per share and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Carpenter Technology Corporation $1.80 billion $213.50 million 46.35
Carpenter Technology Corporation Competitors $7.78 billion $1.01 billion 34.15

Carpenter Technology Corporation’s rivals have higher revenue and earnings than Carpenter Technology Corporation. Carpenter Technology Corporation is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Carpenter Technology Corporation and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Carpenter Technology Corporation 2.61% 4.48% 1.83%
Carpenter Technology Corporation Competitors -1,550.91% 3.59% 2.20%

Summary

Carpenter Technology Corporation rivals beat Carpenter Technology Corporation on 8 of the 15 factors compared.

Carpenter Technology Corporation Company Profile

Carpenter Technology Corporation is engaged in the manufacturing, fabrication and distribution of specialty metals. The Company’s segments include Specialty Alloys Operations (SAO) and Performance Engineered Products (PEP). Its SAO segment consists of alloy and stainless steel manufacturing operations. Its PEP segment includes the Dynamet titanium business, the Carpenter Powder Products business, the Amega West business, the Specialty Steel Supply business and the Latrobe and Mexico distribution businesses. It develops, manufactures and distributes cast/wrought and powder metal stainless steels, and special alloys, including high temperature (iron-nickel-cobalt base), stainless, corrosion resistant, controlled expansion alloys, ultra-high strength and implantable alloys, tool and die steels and other specialty metals, as well as cast/wrought titanium alloys. The Company manufactures and rents down-hole drilling tools and components used in the oil and gas industry.

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