CRS (Carpenter Technology) Momentum Rank : 6 (As of Apr. 14, 2025)

View and export this data going back to 1968. Start your Free Trial

What is Carpenter Technology Momentum Rank?

Carpenter Technology has the Momentum Rank of 6.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Carpenter Technology's Momentum Rank

For the Metal Fabrication subindustry, Carpenter Technology's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Carpenter Technology's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Carpenter Technology's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Carpenter Technology's Momentum Rank falls into.

Save Embed

;

Save Embed

;

Carpenter Technology Momentum Rank Related Terms

Thank you for viewing the detailed overview of Carpenter Technology's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Carpenter Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Carpenter Technology Corp (NYSE:CRS) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

XTY:Germany XTY:Germany

Address

1735 Market Street, 15th Floor, Philadelphia, PA, USA, 19103

Website

https://www.carpentertechnology.com

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.

Executives

Viola L Acoff	director	C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Tony R Thene	officer: Sr VP and CFO	ALCOA INC., 201 ISABELLA STREET, PITTSBURGH PA 15212-5858
Ramin Younessi	director	510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Timothy Lain	officer: VP-Controller, Chf Acctg Ofcr	C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
Steven E Karol	director	C/O STOCKERYALE INC, 32 HAMPSHIRE RD, SALEM NH 03079
I Martin Inglis	director	C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
James D Dee	officer: VP, Gen Counsel & Secretary	TWO PITCAIRN PLACE, SUITE 200, 165 TOWNSHIP LINE ROAD, JENKINTOWN PA 19046
Marshall D Akins	officer: VP & Chief Commercial Officer	CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, PHILADELPHIA PA 19103
Elizabeth A Socci	officer: VP, Controller & Chf Acctg Off	C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Mclane Charles Douglas Jr	director	C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Brian J Malloy	officer: VP - Chief Commercial Officer	C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Pritchett Colleen	director	C/O HEXCEL CORPORATION, 281 TRESSER BLVD., 16TH FLOOR, STAMFORD CT 06901
Kathy Hopinkah Hannan	director	ANNALY CAPITAL MANAGEMENT, INC., 1211 AVE. OF THE AMERICAS, NEW YORK NY 10036
David Graf	officer: VP and Group President - SAO	C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, PHILADELPHIA PA 19103
Kathleen Ligocki	director	3296 PINE LAKE ROAD, WEST BLOOMFIELD MI 48324