Crown (CCK) Expected to Announce Earnings on Monday

Crown (NYSE:CCK - Get Free Report) is projected to announce its Q2 2025 earnings results after the market closes on Monday, July 21st. Analysts expect Crown to post earnings of $1.85 per share and revenue of $3.10 billion for the quarter. Crown has set its Q2 2025 guidance at 1.800-1.900 EPS and its FY 2025 guidance at 6.700-7.100 EPS.

Crown (NYSE:CCK - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The industrial products company reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.45. The business had revenue of $2.89 billion for the quarter, compared to analysts' expectations of $2.82 billion. Crown had a return on equity of 26.98% and a net margin of 4.62%. The company's revenue for the quarter was up 3.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.02 EPS. On average, analysts expect Crown to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Crown Price Performance

Shares of CCK traded down $0.01 during mid-day trading on Thursday, hitting $106.36. 1,044,448 shares of the stock were exchanged, compared to its average volume of 1,237,059. The company has a market cap of $12.38 billion, a PE ratio of 22.87, a price-to-earnings-growth ratio of 1.74 and a beta of 0.76. Crown has a 52-week low of $75.98 and a 52-week high of $109.48. The firm has a 50-day moving average of $101.89 and a two-hundred day moving average of $92.40. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.56 and a current ratio of 0.87.

Crown Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $1.04 annualized dividend and a dividend yield of 0.98%. Crown's dividend payout ratio (DPR) is 22.37%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Morgan Stanley upped their price objective on Crown from $114.00 to $118.00 and gave the stock an "overweight" rating in a report on Wednesday, June 25th. Mizuho increased their price target on shares of Crown from $110.00 to $127.00 and gave the company an "outperform" rating in a report on Tuesday. UBS Group increased their price target on shares of Crown from $114.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, July 9th. Barclays increased their price target on shares of Crown from $109.00 to $117.00 and gave the company an "overweight" rating in a report on Wednesday, April 30th. Finally, Royal Bank Of Canada increased their price target on shares of Crown from $115.00 to $120.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Three analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Crown has an average rating of "Moderate Buy" and an average price target of $118.64.

Insider Activity at Crown

In other Crown news, COO Gerard H. Gifford sold 7,000 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $97.00, for a total transaction of $679,000.00. Following the completion of the transaction, the chief operating officer owned 135,014 shares in the company, valued at $13,096,358. The trade was a 4.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Christy L. Kalaus sold 2,130 shares of the business's stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $99.41, for a total value of $211,743.30. Following the transaction, the vice president owned 4,500 shares of the company's stock, valued at $447,345. This trade represents a 32.13% decrease in their position. The disclosure for this sale can be found here. 0.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in CCK. Goldman Sachs Group Inc. increased its position in shares of Crown by 23.7% during the first quarter. Goldman Sachs Group Inc. now owns 666,262 shares of the industrial products company's stock worth $59,471,000 after acquiring an additional 127,737 shares during the period. Royal Bank of Canada increased its position in shares of Crown by 24.1% during the first quarter. Royal Bank of Canada now owns 48,920 shares of the industrial products company's stock worth $4,367,000 after acquiring an additional 9,497 shares during the period. Focus Partners Wealth increased its position in shares of Crown by 30.8% during the first quarter. Focus Partners Wealth now owns 15,062 shares of the industrial products company's stock worth $1,344,000 after acquiring an additional 3,550 shares during the period. NewEdge Advisors LLC increased its position in shares of Crown by 6.3% during the first quarter. NewEdge Advisors LLC now owns 5,917 shares of the industrial products company's stock worth $528,000 after acquiring an additional 351 shares during the period. Finally, Integrated Wealth Concepts LLC increased its position in shares of Crown by 39.4% during the first quarter. Integrated Wealth Concepts LLC now owns 4,109 shares of the industrial products company's stock worth $367,000 after acquiring an additional 1,161 shares during the period. 90.93% of the stock is currently owned by institutional investors.

Crown Company Profile

Crown Holdings, Inc, together with its subsidiaries, engages in the packaging business in the United States and internationally. It operates through Americas Beverage, European Beverage, Asia Pacific, and Transit Packaging segments. The company manufactures and sells recyclable aluminum beverage cans and ends, glass bottles, steel crowns, aluminum caps, non-beverage cans, and aerosol cans and closures.