Crown Holdings, Inc. designs, manufactures, and sells packaging products for consumer goods in the Americas, Europe, and the Asia Pacific. Its primary products include steel and aluminum cans for food, beverage, household, and other consumer products; glass bottles for beverage products; and metal vacuum closures, steel crowns and caps. The company sells these products to the soft drink, food, citrus, brewing, household products, personal care, and various other industries. It also offers aerosol cans and ends; and promotional and specialty packaging containers with various lid and closure variations. The company was founded in 1927 and is headquartered in Yardley, Pennsylvania.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Metal cans
Sub-IndustryMetal & Glass Containers
SectorIndustrial Products
SymbolNYSE:CCK
CUSIP22836810
Phone215-698-5100
Debt
Debt-to-Equity Ratio8.12
Current Ratio1.18
Quick Ratio0.69
Price-To-Earnings
Trailing P/E Ratio9.54
Forward P/E Ratio8.92
P/E Growth1.3
Sales & Book Value
Annual Sales$8.70 billion
Price / Sales0.72
Cash Flow$5.7714 per share
Price / Cash8.05
Book Value$6.87 per share
Price / Book6.76
Profitability
EPS (Most Recent Fiscal Year)$4.03
Net Income$323 million
Net Margins2.81%
Return on Equity63.18%
Return on Assets5.13%
Miscellaneous
Employees24,000
Outstanding Shares135,190,000
Market Cap$6.44 billion
Crown (NYSE:CCK) Frequently Asked Questions
What is Crown's stock symbol?
Crown trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCK."
How will Crown's stock buyback program work?
Crown declared that its board has approved a stock repurchase program on Friday, April 7th 2017, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 13.3% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.
How were Crown's earnings last quarter?
Crown Holdings, Inc. (NYSE:CCK) released its quarterly earnings data on Wednesday, October, 17th. The industrial products company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.06. The industrial products company had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.17 billion. Crown had a net margin of 2.81% and a return on equity of 63.18%. The firm's quarterly revenue was up 28.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.46 earnings per share. View Crown's Earnings History.
When is Crown's next earnings date?
What guidance has Crown issued on next quarter's earnings?
Crown issued an update on its fourth quarter earnings guidance on Wednesday, October, 17th. The company provided earnings per share guidance of $0.97-1.02 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.07. Crown also updated its Q4 2018 guidance to $0.97-1.02 EPS.
What price target have analysts set for CCK?
9 analysts have issued 1-year price objectives for Crown's shares. Their forecasts range from $50.00 to $72.00. On average, they anticipate Crown's stock price to reach $60.1250 in the next twelve months. This suggests a possible upside of 29.4% from the stock's current price. View Analyst Price Targets for Crown.
What is the consensus analysts' recommendation for Crown?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crown in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Crown.
What are Wall Street analysts saying about Crown stock?
Here are some recent quotes from research analysts about Crown stock:
- 1. KeyCorp analysts commented, "We believe CCK’s guidance implies a modest organic EBIT decline in 2018; the Company has had difficulty generating consistent organic EBIT growth in years past, as have most other U.S. packaging companies. CCK trades at a reasonable valuation on EBITDA and cash flow, in our view, in line with its historical EBITDA multiple." (10/18/2018)
- 2. According to Zacks Investment Research, "Crown Holdings' adjusted earnings per share guidance of $5.15-$5.30 for full-year 2018 includes the impact of persistent elevated freight costs in North America and foreign currency-translation effect. This currency-translation impact was mainly driven by the weakness in the Brazilian reais against the U.S. dollar. Also, higher interest expenses will continue to thwart margins. Political or economic instability in Middle East, South America and Asia may hurt its performance. Moreover, its shares have underperformed the industry over the past year. However, the company is poised to gain from disciplined pricing, cost control, capital allocation and geographic expansion. In addition, strong performance of its Transit Packaging business remains a major growth driver." (10/18/2018)
Who are some of Crown's key competitors?
Some companies that are related to Crown include Ingersoll-Rand (IR), Stanley Black & Decker (SWK), ATLAS COPCO AB/S (ATLKY), Parker-Hannifin (PH), Rockwell Automation (ROK), Atlantia (ATL), Kubota (KUBTY), ASSA ABLOY AB/S (ASAZY), SANDVIK AB/ADR (SDVKY), Cintas (CTAS), Tenaris (TS), Ferguson (FERGD), BAE Systems (BA), Ferguson (FERGY) and Rolls-Royce (RR).
Who are Crown's key executives?
Crown's management team includes the folowing people:
- Mr. Timothy J. Donahue, Pres, CEO & Director (Age 55)
- Mr. Thomas A. Kelly, Sr. VP & CFO (Age 59)
- Mr. Gerard H. Gifford, Exec. VP & COO (Age 63)
- Mr. Djalma Novaes Jr., Pres of Americas Division (Age 57)
- Mr. Didier Michel Sourisseau, Pres of European Division (Age 52)
Who are Crown's major shareholders?
Crown's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Manning & Napier Group LLC (0.20%), Bank of Montreal Can (0.12%), Andra AP fonden (0.10%), Aperio Group LLC (0.04%), BB&T Corp (0.01%) and Clinton Group Inc. (0.01%). Company insiders that own Crown stock include David A Beaver, Jenne K Britell, Thomas A Kelly, Timothy J Donahue and William S Urkiel. View Institutional Ownership Trends for Crown.
Which institutional investors are selling Crown stock?
Which institutional investors are buying Crown stock?
CCK stock was purchased by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Bank of Montreal Can, Clinton Group Inc., Rathbone Brothers plc, Iberiabank Corp, Aperio Group LLC, Pennsylvania Trust Co and BB&T Corp. Company insiders that have bought Crown stock in the last two years include Timothy J Donahue and William S Urkiel. View Insider Buying and Selling for Crown.
How do I buy shares of Crown?
Shares of CCK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Crown's stock price today?
One share of CCK stock can currently be purchased for approximately $46.46.
How big of a company is Crown?
Crown has a market capitalization of $6.44 billion and generates $8.70 billion in revenue each year. The industrial products company earns $323 million in net income (profit) each year or $4.03 on an earnings per share basis. Crown employs 24,000 workers across the globe.
What is Crown's official website?
How can I contact Crown?
Crown's mailing address is ONE CROWN WAY, PHILADELPHIA PA, 19154. The industrial products company can be reached via phone at 215-698-5100 or via email at [email protected]
MarketBeat Community Rating for Crown (NYSE CCK)
MarketBeat's community ratings are surveys of what our community members think about Crown and other stocks. Vote "Outperform" if you believe CCK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CCK will underperform the S&P 500 over the long term. You may vote once every thirty days.
