Tony Thene - Carpenter Technology President, Chief Executive Officer, Director

CRS Stock  USD 70.19  1.71  2.50%   

CEO

Mr. Tony R. Thene is a President, Chief Executive Officer, Director of the Company., effective July 1, 2015. Mr. Thene joined Carpenter in January 2013 and served as Senior Vice President and Chief Financial Officer until his appointment as President and Chief Executive Officer in July 2015. Prior to joining Carpenter, Mr. Thene served as the Chief Financial Officer of the Engineered Products and Solutions Business Group at Alcoa, Inc. from 2010 until 2013. Previously, he served as Vice President and Chief Accounting Officer of Alcoa, where he was responsible for the companys worldwide accounting systems and records, corporate fiduciary financial processes, and the preparation and filing of Alcoas financial statements and reports, as well as the Global Financial Services and Information Systems areas. In his 23year career at Alcoa, he held a variety of positions, including Director, Investor Relations Chief Financial Officer for the Flat Rolled Products Group Chief Financial Officer for Alcoa World Alumina and Chemicals and manufacturing manager for the Alumina Chemicals business. Mr. Thene is also a member of the Furman University Board of Trustees in Greenville, South Carolina since 2015.
Age 64
Tenure 9 years
Professional MarksMBA
Address 1735 Market Street, Philadelphia, PA, United States, 19103
Phone610 208 2000
Webhttps://www.carpentertechnology.com
Thene earned his undergraduate degree in Accounting from Indiana State University and his MBA from Case Western Reserve University, Cleveland, Ohio. He is also a Certified Public Accountant.

Carpenter Technology Management Efficiency

The company has Return on Asset of 0.0461 % which means that on every $100 spent on assets, it made $0.0461 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1028 %, implying that it generated $0.1028 on every 100 dollars invested. Carpenter Technology's management efficiency ratios could be used to measure how well Carpenter Technology manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.09 in 2024. Return On Assets is likely to gain to 0.03 in 2024. At this time, Carpenter Technology's Non Currrent Assets Other are comparatively stable compared to the past year. Other Current Assets is likely to gain to about 80.2 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 1.2 B in 2024.
The company has 693 M in debt with debt to equity (D/E) ratio of 0.57, which is OK given its current industry classification. Carpenter Technology has a current ratio of 2.74, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Carpenter Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Carpenter Technology's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Carpenter Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Carpenter to invest in growth at high rates of return. When we think about Carpenter Technology's use of debt, we should always consider it together with cash and equity.

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Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania. Carpenter Technology operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 4100 people. Carpenter Technology (CRS) is traded on New York Stock Exchange in USA. It is located in 1735 Market Street, Philadelphia, PA, United States, 19103 and employs 4,500 people. Carpenter Technology is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Carpenter Technology Leadership Team

Elected by the shareholders, the Carpenter Technology's board of directors comprises two types of representatives: Carpenter Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Carpenter. The board's role is to monitor Carpenter Technology's management team and ensure that shareholders' interests are well served. Carpenter Technology's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Carpenter Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
I Inglis, Chairman of the Board
Viola Acoff, Independent Director
Michael Murtagh, Vice President and Group President - Specialty Alloys Operations
Tony Thene, President, Chief Executive Officer, Director
A Hart, Independent Director
Marshall Akins, Vice President Chief Commercial Officer
Brad Edwards, IR Contact Officer
Ramin Younessi, Independent Director
David Graf, VP Products
Kathy Hannan, Director
Timothy Lain, Chief Financial Officer, Senior Vice President
Joseph Haniford, Chief Operating Officer, Senior Vice President, Vice President - Business Management Office, and Global Advanced Engineering
Mike Murtagh, Vice President and Group President - Specialty Alloys Operations
Peter Stephans, Independent Director
Elizabeth Socci, Controller VP
Suniti Moudgil, Chief Technology Officer
Stephen Ward, Independent Director
Robert McMaster, Independent Director
David Strobel, Sr. VP of Global Operations and CTO
Carl Anderson, Independent Director
Jeffrey Wadsworth, Independent Director
Charles McLane, Independent Director
Shakthimani Logasundaram, Chief Digital Officer
John Huyette, VP Relations
Brian Malloy, Senior Vice President, Group President - Performance Engineered Products (PEP)
Rachelle Thompson, VP Officer
Kathryn Turner, Independent Director
Michael Hajost, IR Contact Officer
Philip Anderson, Independent Director
James Dee, Senior Vice President, General Counsel, Secretary
Sam Abdelmalek, Vice President and Group President – Performance Engineered Products (PEP)
Steven Karol, Independent Director
Kathleen Ligocki, Independent Director
Damon Audia, CFO and Sr. VP
John Hart, Independent Director
Gregory Pratt, Interim Executive Chairman and Member of Science and Technology Committee
Sameh Abdelmalek, Vice President and Group President – Performance Engineered Products (PEP)

Carpenter Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Carpenter Technology a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Carpenter Technology Investors Sentiment

The influence of Carpenter Technology's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Carpenter. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Carpenter Technology's public news can be used to forecast risks associated with an investment in Carpenter. The trend in average sentiment can be used to explain how an investor holding Carpenter can time the market purely based on public headlines and social activities around Carpenter Technology. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Carpenter Technology's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Carpenter Technology's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Carpenter Technology's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Carpenter Technology.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Carpenter Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Carpenter Technology's short interest history, or implied volatility extrapolated from Carpenter Technology options trading.

Pair Trading with Carpenter Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Carpenter Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Carpenter Technology will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Carpenter Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carpenter Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Carpenter Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Carpenter Technology to buy it.
The correlation of Carpenter Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carpenter Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carpenter Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Carpenter Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Carpenter Technology is a strong investment it is important to analyze Carpenter Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Carpenter Technology's future performance. For an informed investment choice regarding Carpenter Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carpenter Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Carpenter Stock please use our How to Invest in Carpenter Technology guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Carpenter Stock analysis

When running Carpenter Technology's price analysis, check to measure Carpenter Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carpenter Technology is operating at the current time. Most of Carpenter Technology's value examination focuses on studying past and present price action to predict the probability of Carpenter Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carpenter Technology's price. Additionally, you may evaluate how the addition of Carpenter Technology to your portfolios can decrease your overall portfolio volatility.
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Is Carpenter Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carpenter Technology. If investors know Carpenter will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carpenter Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
5.8
Dividend Share
0.8
Earnings Share
2.89
Revenue Per Share
55.43
Quarterly Revenue Growth
0.078
The market value of Carpenter Technology is measured differently than its book value, which is the value of Carpenter that is recorded on the company's balance sheet. Investors also form their own opinion of Carpenter Technology's value that differs from its market value or its book value, called intrinsic value, which is Carpenter Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carpenter Technology's market value can be influenced by many factors that don't directly affect Carpenter Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carpenter Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carpenter Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carpenter Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.