EPS for Carpenter Technology (CRS) Expected At $0.43; Marathon Oil (MRO) Has 0.93 Sentiment

October 12, 2017 - By Clifton Ray

Analysts expect Carpenter Technology Corporation (NYSE:CRS) to report $0.43 EPS on October, 26.They anticipate $0.51 EPS change or 637.50% from last quarter’s $-0.08 EPS. CRS’s profit would be $19.96 million giving it 28.68 P/E if the $0.43 EPS is correct. After having $0.58 EPS previously, Carpenter Technology Corporation’s analysts see -25.86% EPS growth. About 1,899 shares traded. Carpenter Technology Corporation (NYSE:CRS) has risen 19.37% since October 12, 2016 and is uptrending. It has outperformed by 2.67% the S&P500.

Marathon Oil Corporation is an exploration and production company. The company has market cap of $11.62 billion. The Firm operates through three divisions: North America E&P, International E&P and Oil Sands Mining. It currently has negative earnings. The North America E&P segment explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in North America.

About 122,190 shares traded. Marathon Oil Corporation (MRO) has risen 14.05% since October 12, 2016 and is uptrending. It has underperformed by 2.65% the S&P500.

Analysts await Marathon Oil Corporation (NYSE:MRO) to report earnings on November, 1. They expect $-0.15 earnings per share, down 36.36% or $0.04 from last year’s $-0.11 per share. After $-0.24 actual earnings per share reported by Marathon Oil Corporation for the previous quarter, Wall Street now forecasts -37.50% EPS growth.

Kopernik Global Investors Llc holds 6.33% of its portfolio in Marathon Oil Corporation for 2.30 million shares. Mitchell Group Inc owns 2.61 million shares or 4.83% of their US portfolio. Moreover, Caymus Capital Partners L.P. has 2.58% invested in the company for 1.90 million shares. The New York-based Proxima Capital Management Llc has invested 2.22% in the stock. Hotchkis & Wiley Capital Management Llc, a California-based fund reported 37.42 million shares.

Among 6 analysts covering Carpenter Technology (NYSE:CRS), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Carpenter Technology had 10 analyst reports since October 19, 2015 according to SRatingsIntel. Rosenblatt maintained Carpenter Technology Corporation (NYSE:CRS) on Friday, February 5 with “Buy” rating. The stock of Carpenter Technology Corporation (NYSE:CRS) earned “Hold” rating by Cowen & Co on Friday, April 28. The rating was downgraded by JP Morgan to “Neutral” on Monday, October 19. The firm has “Neutral” rating by Seaport Global given on Friday, September 9. The firm has “Hold” rating by Cowen & Co given on Thursday, July 27. The firm has “Buy” rating by Longbow given on Friday, July 28. The rating was maintained by Cowen & Co with “Hold” on Monday, July 17. The rating was upgraded by Seaport Global to “Buy” on Thursday, March 16.

Carpenter Technology Corporation is engaged in the manufacturing, fabrication and distribution of specialty metals. The company has market cap of $2.29 billion. The Company’s divisions include Specialty Alloys Operations and Performance Engineered Products (PEP). It has a 49.78 P/E ratio. The Company’s SAO segment consists of alloy and stainless steel manufacturing operations.

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