Crown (NYSE:CCK) Issues FY 2025 Earnings Guidance

Crown (NYSE:CCK - Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided EPS guidance of 6.700-7.100 for the period, compared to the consensus EPS estimate of 6.800. The company issued revenue guidance of -. Crown also updated its Q2 2025 guidance to 1.800-1.900 EPS.

Analysts Set New Price Targets

A number of brokerages have issued reports on CCK. Wells Fargo & Company upped their target price on Crown from $89.00 to $101.00 and gave the stock an "equal weight" rating in a report on Wednesday. Mizuho upped their price objective on Crown from $105.00 to $110.00 and gave the company an "outperform" rating in a research note on Tuesday. Royal Bank of Canada lifted their target price on shares of Crown from $115.00 to $120.00 and gave the stock an "outperform" rating in a research report on Thursday. Truist Financial decreased their price target on shares of Crown from $107.00 to $97.00 and set a "hold" rating for the company in a research report on Tuesday, April 22nd. Finally, UBS Group lifted their price target on shares of Crown from $109.00 to $114.00 and gave the stock a "buy" rating in a report on Tuesday. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, Crown presently has a consensus rating of "Moderate Buy" and an average target price of $110.45.

Crown Trading Up 0.6 %

CCK traded up $0.54 during trading on Friday, reaching $96.65. 268,048 shares of the stock traded hands, compared to its average volume of 1,194,891. The stock's 50-day moving average is $87.75 and its 200 day moving average is $88.31. Crown has a 12 month low of $70.84 and a 12 month high of $98.48. The company has a quick ratio of 0.80, a current ratio of 1.22 and a debt-to-equity ratio of 1.88. The stock has a market capitalization of $11.30 billion, a PE ratio of 27.18, a P/E/G ratio of 1.56 and a beta of 0.79.

Crown (NYSE:CCK - Get Free Report) last announced its earnings results on Monday, April 28th. The industrial products company reported $1.67 EPS for the quarter, beating the consensus estimate of $1.22 by $0.45. The company had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.82 billion. Crown had a return on equity of 25.12% and a net margin of 3.59%. The firm's revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.02 EPS. Equities analysts anticipate that Crown will post 6.96 earnings per share for the current year.

Crown Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Thursday, May 15th will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.08%. Crown's payout ratio is presently 22.37%.

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.