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

Key Points

• UBS Group cut its price target on Crown to $112 from $120 and maintained a "neutral" rating, implying roughly a 12% upside from the current share price.
• Crown beat Q1 estimates with EPS of $1.86 (vs. $1.75 expected) and revenue of $3.26B (vs. $3.03B), and issued FY2026 guidance of $7.90–$8.30 EPS (consensus ~8.03).
• Insiders have sold 59,734 shares (~$6.62M) in the past 90 days, leaving company insiders with only 0.90% ownership.

Crown (NYSE:CCK - Get Free Report) had its price objective reduced by investment analysts at UBS Group from $120.00 to $112.00 in a research report issued on Wednesday,MarketScreener reports. The brokerage presently has a "neutral" rating on the industrial products company's stock. UBS Group's price target would suggest a potential upside of 12.00% from the stock's current price.

CCK has been the topic of several other reports. Royal Bank Of Canada reduced their price target on Crown from $140.00 to $129.00 and set an "outperform" rating on the stock in a report on Friday, April 17th. Wall Street Zen lowered Crown from a "buy" rating to a "hold" rating in a research note on Saturday, April 18th. Citigroup restated a "buy" rating on shares of Crown in a report on Wednesday. Truist Financial cut their price objective on Crown from $135.00 to $129.00 and set a "buy" rating on the stock in a research report on Wednesday, April 15th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Crown in a research report on Wednesday, April 1st. They set a "buy" rating and a $124.00 target price for the company. Twelve analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $123.73.

Crown Trading Down 1.6%

Shares of CCK stock traded down $1.61 during trading hours on Wednesday, reaching $100.00. 27,206 shares of the stock were exchanged, compared to its average volume of 1,149,916. Crown has a 12-month low of $89.21 and a 12-month high of $116.62. The company has a current ratio of 1.03, a quick ratio of 0.66 and a debt-to-equity ratio of 1.55. The company's 50-day moving average price is $105.95 and its 200-day moving average price is $102.85. The firm has a market capitalization of $11.22 billion, a price-to-earnings ratio of 15.99, a price-to-earnings-growth ratio of 1.67 and a beta of 0.75.

Crown (NYSE:CCK - Get Free Report) last posted its quarterly earnings data on Monday, April 27th. The industrial products company reported $1.86 earnings per share for the quarter, topping analysts' consensus estimates of $1.75 by $0.11. The company had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.03 billion. Crown had a net margin of 5.65% and a return on equity of 26.55%. The firm's revenue for the quarter was up 12.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.67 EPS. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q2 2026 guidance at 2.100-2.200 EPS. As a group, equities analysts anticipate that Crown will post 8.03 earnings per share for the current year.

Insider Buying and Selling at Crown

In other Crown news, COO Djalma Novaes, Jr. sold 29,734 shares of the firm's stock in a transaction 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 transaction, the chief operating officer directly owned 88,052 shares in the company, valued at $10,108,369.60. This trade represents a 25.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Timothy J. Donahue sold 7,500 shares of Crown stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $106.85, for a total value of $801,375.00. Following the sale, the chief executive officer directly owned 451,070 shares of the company's stock, valued at approximately $48,196,829.50. This trade represents a 1.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 59,734 shares of company stock worth $6,619,863 over the last 90 days. 0.90% of the stock is currently owned by company insiders.

Institutional Trading of Crown

Hedge funds have recently added to or reduced their stakes in the business. Root Financial Partners LLC raised its holdings in shares of Crown by 23.8% in the 4th quarter. Root Financial Partners LLC now owns 473 shares of the industrial products company's stock valued at $49,000 after purchasing an additional 91 shares in the last quarter. Parallel Advisors LLC increased its holdings in Crown by 12.5% during the fourth quarter. Parallel Advisors LLC now owns 934 shares of the industrial products company's stock valued at $96,000 after buying an additional 104 shares during the period. ORG Partners LLC raised its stake in Crown by 52.5% in the fourth quarter. ORG Partners LLC now owns 305 shares of the industrial products company's stock worth $31,000 after buying an additional 105 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in Crown by 45.3% in the first 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 in the last quarter. Finally, Siemens Fonds Invest GmbH lifted its holdings in Crown by 7.7% during the third quarter. Siemens Fonds Invest GmbH now owns 1,626 shares of the industrial products company's stock worth $157,000 after buying an additional 116 shares during the period. 90.93% of the stock is owned by hedge funds and other institutional investors.

About Crown

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.