Carpenter Technology Shares Hit 52-Week High: What's Aiding It?

Key Takeaways CRS shares skyrocketed 140% y/y and touched a 52-week high of $252.63 before closing at$248.74. Record Q3 operating income and strong Aerospace demand drive CRS's bullish fiscal 2025 outlook. CRS raised the FY25 operating income guidance to $520-$527M, projecting 48% growth over fiscal 2024.Carpenter Technology Corporation (CRS) shares scaled a new 52-week high of $252.63 on Friday before closing the session lower at$248.74.CRS has a market capitalization of $12.4 billion. The company’s sh ...