Crown (NYSE:CCK) Releases FY 2025 Earnings Guidance

Key Points

• Crown (NYSE:CCK) updated its fiscal year 2025 earnings guidance, with EPS expectations of 7.700-7.80, surpassing the consensus estimate of 7.380.
• Equities analysts have mixed ratings on Crown, with twelve giving a Buy rating and three a Hold rating, resulting in an average rating of "Moderate Buy".
• The company recently declared a quarterly dividend of $0.26 per share, yielding approximately 1.1%, and has a dividend payout ratio (DPR) of 21.85%.

Crown (NYSE:CCK - Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 7.700-7.80 for the period, compared to the consensus estimate of 7.380. The company issued revenue guidance of -. Crown also updated its Q4 2025 guidance to 1.650-1.75 EPS.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Mizuho dropped their price objective on Crown from $127.00 to $116.00 and set an "outperform" rating on the stock in a research note on Friday, October 3rd. Wells Fargo & Company dropped their price objective on Crown from $113.00 to $97.00 and set an "equal weight" rating on the stock in a research note on Wednesday, October 15th. JPMorgan Chase & Co. raised their target price on Crown from $108.00 to $112.00 and gave the company an "overweight" rating in a research report on Wednesday, July 23rd. Truist Financial raised Crown from a "hold" rating to a "buy" rating and set a $118.00 price objective for the company in a report on Friday, September 5th. Finally, Loop Capital lifted their price objective on Crown from $129.00 to $140.00 and gave the stock a "buy" rating in a report on Wednesday, July 23rd. Twelve equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $116.62.

Crown Price Performance

CCK stock traded up $0.71 during mid-day trading on Monday, reaching $94.55. 2,657,303 shares of the company traded hands, compared to its average volume of 1,281,531. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.06 and a quick ratio of 0.69. The company has a market capitalization of $11.00 billion, a P/E ratio of 19.86, a P/E/G ratio of 1.34 and a beta of 0.73. Crown has a 52-week low of $75.98 and a 52-week high of $109.48. The company has a fifty day moving average price of $96.36 and a 200-day moving average price of $97.34.

Crown (NYSE:CCK - Get Free Report) last posted its earnings results on Monday, July 21st. The industrial products company reported $2.15 earnings per share for the quarter, beating analysts' consensus estimates of $1.86 by $0.29. The business had revenue of $3.15 billion during the quarter, compared to analyst estimates of $3.10 billion. Crown had a return on equity of 27.15% and a net margin of 4.64%.The company's quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.81 EPS. As a group, analysts anticipate that Crown will post 6.96 earnings per share for the current year.

Crown Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Thursday, August 7th were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Thursday, August 7th. Crown's dividend payout ratio (DPR) is 21.85%.

Insider Transactions at Crown

In other news, CEO Timothy J. Donahue sold 13,000 shares of Crown stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $100.52, for a total transaction of $1,306,760.00. Following the completion of the sale, the chief executive officer owned 449,056 shares in the company, valued at approximately $45,139,109.12. This trade represents a 2.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Gerard H. Gifford sold 8,222 shares of Crown stock in a transaction dated Friday, July 25th. The shares were sold at an average price of $102.93, for a total value of $846,290.46. Following the sale, the chief accounting officer owned 122,585 shares of the company's stock, valued at approximately $12,617,674.05. This trade represents a 6.29% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 58,222 shares of company stock valued at $5,873,770. Corporate insiders own 0.90% of the company's stock.

Institutional Trading of Crown

Hedge funds have recently bought and sold shares of the company. Geneos Wealth Management Inc. lifted its position in Crown by 45.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company's stock worth $32,000 after buying an additional 111 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Crown in the 1st quarter worth approximately $111,000. Rafferty Asset Management LLC bought a new stake in Crown in the 2nd quarter worth approximately $207,000. HUB Investment Partners LLC bought a new stake in Crown in the 2nd quarter worth approximately $215,000. Finally, ICONIQ Capital LLC bought a new stake in Crown in the second quarter valued at approximately $218,000. Institutional investors own 90.93% of the company's stock.

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.

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