Citigroup Issues Pessimistic Forecast for Crown (NYSE:CCK) Stock Price

Key Points

• Citigroup trimmed its price target on Crown to $127 (from $128) but kept a "buy" rating, implying roughly a 19% upside
• Shares traded at $106.68 after Crown reported a quarter where EPS beat ($1.74 vs. $1.69) and revenue beat estimates ($3.13B), and the company guided FY2026 EPS to $7.90–8.30.
• Insiders have been selling recently (52,234 shares sold in the last 90 days, including sales by the COO and CEO), while institutional investors own about 90.9% of the stock.

Crown (NYSE:CCK - Get Free Report) had its target price cut by equities research analysts at Citigroup from $128.00 to $127.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has a "buy" rating on the industrial products company's stock. Citigroup's price objective indicates a potential upside of 19.05% from the company's previous close.

Other equities research analysts also recently issued research reports about the company. Wells Fargo & Company decreased their target price on Crown from $120.00 to $111.00 and set an "equal weight" rating for the company in a research report on Friday, March 20th. Jefferies Financial Group reaffirmed a "buy" rating on shares of Crown in a research report on Monday, February 23rd. Morgan Stanley reiterated an "overweight" rating on shares of Crown in a research note on Friday, February 6th. Truist Financial reiterated a "buy" rating and issued a $135.00 price target (up from $130.00) on shares of Crown in a research note on Friday, February 6th. Finally, JPMorgan Chase & Co. cut Crown from an "overweight" rating to a "neutral" rating and boosted their price target for the stock from $112.00 to $155.00 in a research note on Friday, February 6th. Twelve analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $124.93.

Crown Stock Down 0.3%

Shares of NYSE CCK traded down $0.28 on Monday, hitting $106.68. The company had a trading volume of 721,891 shares, compared to its average volume of 1,143,522. Crown has a 12-month low of $83.23 and a 12-month high of $116.62. The business has a 50 day moving average of $107.74 and a two-hundred day moving average of $102.07. The company has a quick ratio of 0.66, a current ratio of 1.03 and a debt-to-equity ratio of 1.55. The firm has a market capitalization of $11.97 billion, a P/E ratio of 16.73, a PEG ratio of 1.76 and a beta of 0.75.

Crown (NYSE:CCK - Get Free Report) last issued its earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.05. Crown had a return on equity of 26.68% and a net margin of 5.97%.The company had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter in the prior year, the business earned $1.59 earnings per share. The company's revenue was up 7.7% compared to the same quarter last year. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. As a group, equities research analysts forecast that Crown will post 6.96 earnings per share for the current fiscal year.

Insider Activity at Crown

In other Crown news, COO Djalma Novaes, Jr. sold 29,734 shares of the company's stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $114.80, for a total transaction of $3,413,463.20. Following the sale, the chief operating officer owned 88,052 shares in the company, valued at $10,108,369.60. This represents a 25.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Timothy J. Donahue sold 7,500 shares of the company's stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $105.00, for a total value of $787,500.00. Following the sale, the chief executive officer owned 458,570 shares in the company, valued at $48,149,850. The trade was a 1.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 52,234 shares of company stock worth $5,818,488 in the last 90 days. 0.90% of the stock is currently owned by insiders.

Institutional Trading of Crown

Several institutional investors and hedge funds have recently bought and sold shares of the company. Hsbc Holdings PLC raised its stake in Crown by 17.6% during the fourth quarter. Hsbc Holdings PLC now owns 166,485 shares of the industrial products company's stock valued at $17,173,000 after buying an additional 24,929 shares in the last quarter. World Investment Advisors acquired a new stake in shares of Crown during the 4th quarter worth approximately $1,197,000. Corient Private Wealth LLC raised its position in shares of Crown by 176.0% during the 4th quarter. Corient Private Wealth LLC now owns 33,354 shares of the industrial products company's stock worth $3,435,000 after purchasing an additional 21,269 shares during the period. Rehmann Capital Advisory Group lifted its holdings in shares of Crown by 48.2% in the 4th quarter. Rehmann Capital Advisory Group now owns 11,767 shares of the industrial products company's stock worth $1,214,000 after purchasing an additional 3,827 shares during the last quarter. Finally, Mariner Investment Group LLC bought a new stake in shares of Crown in the 4th quarter worth approximately $515,000. Institutional investors and hedge funds own 90.93% of the company's stock.

Crown Company Profile

Crown Holdings, Inc is a leading global supplier of rigid packaging products for consumer goods markets. The company designs, manufactures and sells metal packaging for beverage, food, household, personal care and specialty products. Its portfolio includes aluminum and steel beverage cans, steel food cans, aluminum aerosols, metal closures and ends, offering customers end-to-end solutions from design and prototyping to large-scale production.

Founded in 1919 as the Crown Cork & Seal Company, Crown has grown through strategic acquisitions and investments in advanced manufacturing technologies.

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