June 9, 2023 2:01 am


Investment Thesis

Carpenter Technologies Corporation (NYSE:CRS) is anticipated to continue benefiting from strength across all finish markets and a robust backlog, mostly in the Aerospace and defense sector. This is driven by robust demand and greater lead occasions. The company’s margin is also anticipated to increase due to volume leverage, investments in productivity, and the concentrate on higher-margin company. The organization is anticipated to post a robust development in EPS more than the subsequent couple of years, and its valuation appears eye-catching taking into consideration these development prospects. Therefore, I have a get rating on the stock.

CRS Income Development (Firm information, GS Analytics Study)

CRS Finish-Markets (Firm information, GS Analytics Study)

Adjusted Operating Margin (Firm information, GS Analytics Study)

CRS Consensus EPS estimates (Looking for Alpha)

Company’s Lengthy Term Operating Margin Target (Investor Presentation)

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