Crown (NYSE:CCK - Get Free Report) updated its fourth quarter 2025 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 1.650-1.75 for the period, compared to the consensus estimate of 1.590. The company issued revenue guidance of -. Crown also updated its FY 2025 guidance to 7.700-7.80 EPS.
Analyst Ratings Changes
A number of research firms have commented on CCK. Bank of America increased their price objective on shares of Crown from $110.00 to $117.00 and gave the company a "buy" rating in a research note on Wednesday, July 9th. Citigroup reduced their price objective on shares of Crown from $135.00 to $124.00 and set a "buy" rating on the stock in a research note on Monday, September 29th. Wells Fargo & Company reduced their price objective on shares of Crown from $113.00 to $97.00 and set an "equal weight" rating on the stock in a research note on Wednesday, October 15th. Baird R W downgraded shares of Crown from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 17th. Finally, Weiss Ratings reiterated a "buy (b-)" rating on shares of Crown in a research note on Wednesday, October 8th. Twelve investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $116.62.
Read Our Latest Report on CCK
Crown Stock Performance
Shares of Crown stock traded up $0.71 on Monday, reaching $94.55. 2,657,303 shares of the company were exchanged, compared to its average volume of 1,281,531. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.69 and a current ratio of 1.06. The company's 50-day moving average is $96.36 and its two-hundred day moving average is $97.34. The firm has a market cap of $11.00 billion, a price-to-earnings ratio of 19.86, a P/E/G ratio of 1.34 and a beta of 0.73. Crown has a 1-year low of $75.98 and a 1-year high of $109.48.
Crown (NYSE:CCK - Get Free Report) last announced its quarterly earnings results on Monday, July 21st. The industrial products company reported $2.15 earnings per share for the quarter, topping analysts' consensus estimates of $1.86 by $0.29. The business had revenue of $3.15 billion for the quarter, compared to analysts' expectations of $3.10 billion. Crown had a return on equity of 27.15% and a net margin of 4.64%.The business's quarterly revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.81 EPS. As a group, research analysts expect that Crown will post 6.96 earnings per share for the current fiscal year.
Crown Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 21st. Investors of record on Thursday, August 7th were given a $0.26 dividend. The ex-dividend date was Thursday, August 7th. This represents a $1.04 annualized dividend and a yield of 1.1%. Crown's dividend payout ratio (DPR) is currently 21.85%.
Insider Transactions at Crown
In other Crown news, CAO Gerard H. Gifford sold 8,222 shares of the business's stock in a transaction dated Friday, July 25th. The shares were sold at an average price of $102.93, for a total transaction of $846,290.46. Following the sale, the chief accounting officer directly owned 122,585 shares in the company, valued at approximately $12,617,674.05. The trade was a 6.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Timothy J. Donahue sold 13,000 shares of the business's 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 sale, the chief executive officer owned 449,056 shares in the company, valued at $45,139,109.12. This trade represents a 2.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 58,222 shares of company stock worth $5,873,770 over the last 90 days. 0.90% of the stock is owned by insiders.
Institutional Trading of Crown
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Geneos Wealth Management Inc. raised its holdings in shares of 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 purchasing an additional 111 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Crown in the 1st quarter worth approximately $111,000. Rafferty Asset Management LLC bought a new stake in shares of Crown in the 2nd quarter worth approximately $207,000. HUB Investment Partners LLC bought a new stake in shares of Crown in the 2nd quarter worth approximately $215,000. Finally, ICONIQ Capital LLC bought a new stake in shares of Crown in the 2nd quarter worth approximately $218,000. 90.93% of the stock is currently owned by institutional investors.
About Crown
(
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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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