Crown Holdings Company Profile (NYSE:CCK)

About Crown Holdings (NYSE:CCK)

Crown Holdings logoCrown Holdings, Inc. is engaged in the design, manufacture and sale of packaging products for consumer goods. The Company's business is organized within three divisions: Americas, Europe and Asia Pacific. Within each division, the Company is organized along product lines. The Company's segments within the Americas Division are Americas Beverage and North America Food. The Company's segments within the European Division are European Beverage and European Food. The Company's Asia Pacific Division segment consists of its beverage and non-beverage can operations. The Company is also engaged in European aerosol and specialty packaging business, its North American aerosol can business, and its tooling and equipment operations in the Unites States and the United Kingdom. As of December 31, 2016, the Company operated 146 plants along with sales and service facilities throughout 36 countries. It also has three canmaking and spare part operations in the United States and the United Kingdom.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Non-Paper Containers & Packaging
  • Sub-Industry: Metal & Glass Containers
  • Symbol: NYSE:CCK
  • CUSIP: 22836810
  • Web: www.crowncork.com
Capitalization:
  • Market Cap: $8.24 billion
  • Outstanding Shares: 135,300,000
Average Prices:
  • 50 Day Moving Avg: $60.16
  • 200 Day Moving Avg: $58.17
  • 52 Week Range: $51.57 - $61.61
P/E:
  • Trailing P/E Ratio: 17.44
  • Foreward P/E Ratio: 13.56
  • P/E Growth: 1.91
Sales & Book Value:
  • Annual Revenue: $8.31 billion
  • Price / Sales: 0.99
  • Book Value: $4.60 per share
  • Price / Book: 13.23
Profitability:
  • EBITDA: $1.32 billion
  • Net Margins: 5.64%
  • Return on Equity: 65.80%
  • Return on Assets: 5.45%
Debt:
  • Debt-to-Equity Ratio: 5.63%
  • Current Ratio: 1.08%
  • Quick Ratio: 0.55%
Misc:
  • Average Volume: 694,085 shs.
  • Beta: 1.4
 

Frequently Asked Questions for Crown Holdings (NYSE:CCK)

What is Crown Holdings' stock symbol?

Crown Holdings trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCK."

How will Crown Holdings' stock buyback program work?

Crown Holdings declared that its board has approved a stock buyback plan on Friday, April 7th 2017, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 13.3% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

How were Crown Holdings' earnings last quarter?

Crown Holdings, Inc. (NYSE:CCK) issued its earnings results on Wednesday, October, 18th. The company reported $1.41 earnings per share for the quarter, meeting analysts' consensus estimates of $1.41. The business had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.39 billion. Crown Holdings had a return on equity of 65.80% and a net margin of 5.64%. The business's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.33 EPS. View Crown Holdings' Earnings History.

What guidance has Crown Holdings issued on next quarter's earnings?

Crown Holdings issued an update on its fourth quarter earnings guidance on Wednesday, October, 18th. The company provided earnings per share (EPS) guidance of $0.75 to $0.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.79.

Where is Crown Holdings' stock going? Where will Crown Holdings' stock price be in 2017?

10 brokerages have issued 12 month price objectives for Crown Holdings' shares. Their forecasts range from $60.00 to $70.00. On average, they anticipate Crown Holdings' share price to reach $63.89 in the next year. View Analyst Ratings for Crown Holdings.

What are analysts saying about Crown Holdings stock?

Here are some recent quotes from research analysts about Crown Holdings stock:

  • 1. KeyCorp analysts commented, "We are modestly increasing our 2017 adj. EPS estimate for Crown Holdings (CCK) on account of the recent strength in the euro. CCK assumed a euro rate of $1.14 for 2H17, and in 3Q17, the euro averaged $1.17. Consequently, CCK will have close to a $0.01 FX benefit relative to its guidance in 3Q17, and would have a comparable benefit in 4Q17 assuming the euro remains at $1.17-$1.18. Consequently, we are raising our 2017 estimate by $0.02 to $4.04 (guidance is $3.90-$4.05, and consensus is $4.03). Key Investment Points Aside from FX, we assume CCK experienced continued strength in SE Asia and Continental Europe, and we expect another solid earnings report partly as a result. Items to watch for include the Middle East (specifically Saudi Arabia, which was a source of weakness in 2Q17), continued weakness in the U.S." (10/3/2017)
  • 2. According to Zacks Investment Research, "To meet growing beverage can demand, Crown Holdings intends to build new facilities and is poised to gain from the geographic expansion of its beverage can lines. Additionally, it is poised to gain from potential strategic acquisitions in geographic areas and product lines. Year-to-date, Crown Holdings has outperformed the industry. The company has a positive record of earnings surprises in the last few quarters. However, volumes will be impacted in the Middle East by the ongoing conflicts in the region and introduction of beverage taxes in Saudi Arabia. Further, weak global food and aerosol can volumes, mature North American food can and closure markets, pricing pressure in China remain concerns." (10/3/2017)
  • 3. Jefferies Group LLC analysts commented, "While CCK is facing some headwinds, it's managing it well and we expect earnings to inflect in 2018. Separately, following a multi-year reinvestment cycle, FCF generation should accelerate next year and we remain comfortable with our Buy." (2/6/2017)

Who are some of Crown Holdings' key competitors?

Who are Crown Holdings' key executives?

Crown Holdings' management team includes the folowing people:

  • Timothy Joseph Donahue, President, Chief Executive Officer, Director
  • Thomas A. Kelly, Chief Financial Officer, Senior Vice President
  • Robert H. Bourque Jr., President - Asia Pacific Division
  • Djalma Novaes Jr., President - Americas Division
  • Gerard H. Gifford, Chief Operating Officer, Executive Vice President
  • David A. Beaver, Vice President, Corporate Controller
  • John W. Conway, Non-Executive Chairman of the Board
  • Andrea J. Funk, Director
  • James H. Miller, Director
  • Arnold W. Donald, Independent Director

Who owns Crown Holdings stock?

Crown Holdings' stock is owned by a number of of retail and institutional investors. Top institutional investors include APG Asset Management N.V. (0.76%), Pensionfund DSM Netherlands (0.04%), Pensionfund Sabic (0.02%), Shell Asset Management Co. (0.02%), Quantitative Systematic Strategies LLC (0.01%) and Meeder Asset Management Inc. (0.01%). Company insiders that own Crown Holdings stock include David A Beaver, Gerard H Gifford, Hans J Loliger, Jenne K Britell, Jozef Salaerts, Robert H Bourque Jr and Thomas A Kelly. View Institutional Ownership Trends for Crown Holdings.

Who sold Crown Holdings stock? Who is selling Crown Holdings stock?

Crown Holdings' stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V. and Meeder Asset Management Inc.. Company insiders that have sold Crown Holdings stock in the last year include David A Beaver, Jenne K Britell and Thomas A Kelly. View Insider Buying and Selling for Crown Holdings.

Who bought Crown Holdings stock? Who is buying Crown Holdings stock?

Crown Holdings' stock was purchased by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, Pensionfund Sabic, Shell Asset Management Co., Quantitative Systematic Strategies LLC and Oakbrook Investments LLC. View Insider Buying and Selling for Crown Holdings.

How do I buy Crown Holdings stock?

Shares of Crown Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Crown Holdings' stock price today?

One share of Crown Holdings stock can currently be purchased for approximately $60.87.


MarketBeat Community Rating for Crown Holdings (NYSE CCK)
Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  328 (Vote Outperform)
Underperform Votes:  228 (Vote Underperform)
Total Votes:  556
MarketBeat's community ratings are surveys of what our community members think about Crown Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Crown Holdings (NYSE:CCK) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $63.89 (4.96% upside)
Consensus Price Target History for Crown Holdings (NYSE:CCK)
Price Target History for Crown Holdings (NYSE:CCK)
Analysts' Ratings History for Crown Holdings (NYSE:CCK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/20/2017Barclays PLCBoost Price TargetOverweight$69.00 -> $70.00N/AView Rating Details
10/20/2017Wells Fargo & CompanyBoost Price TargetMarket Perform$57.00 -> $60.00N/AView Rating Details
10/19/2017KeyCorpReiterated RatingHoldN/AView Rating Details
9/4/2017BMO Capital MarketsReiterated RatingBuy$65.00LowView Rating Details
8/28/2017Jefferies Group LLCSet Price TargetBuy$70.00LowView Rating Details
7/21/2017Vertical ResearchDowngradeBuy -> Hold$60.00 -> $64.00LowView Rating Details
7/18/2017Deutsche Bank AGReiterated RatingHold$58.00 -> $61.00LowView Rating Details
7/12/2017Royal Bank Of CanadaReiterated RatingBuy$62.00LowView Rating Details
4/14/2017Citigroup Inc.Reiterated RatingBuy$62.00 -> $63.00N/AView Rating Details
2/16/2017Credit Suisse GroupSet Price TargetHold$60.00N/AView Rating Details
6/2/2016Goldman Sachs Group, Inc. (The)Reiterated RatingHoldN/AView Rating Details
2/19/2016Bank of America CorporationUpgradeNeutral -> Buy$58.00N/AView Rating Details
2/5/2016MacquarieBoost Price TargetOutperform$57.00 -> $58.00N/AView Rating Details
11/2/2015Robert W. BairdBoost Price TargetOutperform$52.00 -> $58.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Crown Holdings (NYSE:CCK)
Earnings by Quarter for Crown Holdings (NYSE:CCK)
Earnings History by Quarter for Crown Holdings (NYSE CCK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/18/2017Q3 2017$1.41$1.41$2.39 billion$2.47 billionViewN/AView Earnings Details
7/19/2017Q2 2017$1.10$1.12$2.15 billion$2.16 billionViewN/AView Earnings Details
4/19/2017Q1 2017$0.70$0.72$1.89 billion$1.90 billionViewN/AView Earnings Details
2/2/2017Q416$0.70$0.71$1.98 billion$1.92 billionViewListenView Earnings Details
10/19/2016Q316$1.30$1.33$2.39 billion$2.33 billionViewListenView Earnings Details
7/20/2016Q216$1.11$1.19$2.24 billion$2.14 billionViewListenView Earnings Details
4/20/2016Q116$0.63$0.69$2.03 billion$1.89 billionViewListenView Earnings Details
2/3/2016Q415$0.69$0.70$2.15 billion$2.03 billionViewListenView Earnings Details
10/19/2015Q315$1.31$1.34$2.53 million$2.46 billionViewListenView Earnings Details
7/20/2015Q215$1.01$1.03$2.42 billion$2.28 billionViewListenView Earnings Details
4/16/2015Q115$0.52$0.53$2.06 billion$2.00 billionViewListenView Earnings Details
2/9/2015Q414$0.48$0.48$2.19 billion$2.13 billionViewListenView Earnings Details
10/16/2014Q314$1.21$1.36$2.62 billion$2.59 billionViewListenView Earnings Details
7/21/2014Q214$1.00$1.01$2.37 billion$2.38 billionViewListenView Earnings Details
4/16/2014Q114$0.51$0.57$2.02 billion$1.99 billionViewListenView Earnings Details
2/4/2014Q413$0.50$0.48$2.10 billion$2.07 billionViewListenView Earnings Details
10/17/2013Q313$1.08$1.13$2.36 billion$2.39 billionViewListenView Earnings Details
7/17/2013Q2 2013$0.93$0.93$2.28 billion$2.22 billionViewListenView Earnings Details
4/17/2013Q1 2013$0.49$0.50$2.02 billion$1.97 billionViewListenView Earnings Details
1/30/2013Q4 2012$0.54$0.51$2.05 billion$2.04 billionViewListenView Earnings Details
10/17/2012$1.01$1.00ViewN/AView Earnings Details
7/18/2012$0.84$0.84ViewN/AView Earnings Details
4/18/2012$0.45$0.46ViewN/AView Earnings Details
2/1/2012$0.48$0.48ViewN/AView Earnings Details
10/18/2011$0.99$1.01ViewN/AView Earnings Details
7/19/2011$0.82$0.84ViewN/AView Earnings Details
4/19/2011$0.42$0.48ViewN/AView Earnings Details
2/1/2011$0.38$0.42ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Crown Holdings (NYSE:CCK)
2017 EPS Consensus Estimate: $3.98
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.68$0.68$0.68
Q2 20172$1.05$1.12$1.09
Q3 20172$1.42$1.43$1.43
Q4 20172$0.77$0.80$0.79
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Crown Holdings (NYSE:CCK)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Crown Holdings (NYSE:CCK)
Insider Ownership Percentage: 1.80%
Institutional Ownership Percentage: 90.15%
Insider Trades by Quarter for Crown Holdings (NYSE:CCK)
Institutional Ownership by Quarter for Crown Holdings (NYSE:CCK)
Insider Trades by Quarter for Crown Holdings (NYSE:CCK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/19/2017David A BeaverVPSell1,000$56.05$56,050.00View SEC Filing  
4/24/2017Jenne K BritellDirectorSell4,525$55.65$251,816.25View SEC Filing  
2/10/2017Thomas A KellyInsiderSell40,000$53.18$2,127,200.00View SEC Filing  
5/26/2016Robert H Bourque JrInsiderSell715$52.41$37,473.15View SEC Filing  
5/18/2016David A BeaverVPSell1,000$53.31$53,310.00View SEC Filing  
5/13/2016Jozef SalaertsInsiderSell1,500$54.61$81,915.00View SEC Filing  
4/29/2016Hans J LoligerDirectorSell3,000$53.26$159,780.00View SEC Filing  
4/27/2016Gerard H GiffordInsiderSell15,000$53.79$806,850.00View SEC Filing  
4/25/2016Jozef SalaertsInsiderSell20,399$53.39$1,089,102.61View SEC Filing  
10/28/2015David A BeaverVPSell1,000$52.89$52,890.00View SEC Filing  
2/23/2015Jozef SalaertsInsiderSell20,000$51.75$1,035,000.00View SEC Filing  
11/7/2014Jozef SalaertsInsiderSell20,000$48.55$971,000.00View SEC Filing  
9/9/2014Raymond Leo Mcgowan JrInsiderSell20,000$49.81$996,200.00View SEC Filing  
4/29/2014Raymond Leo Mcgowan, Jr.InsiderSell25,000$47.19$1,179,750.00View SEC Filing  
4/25/2014John ConwayCEOSell45,319$47.51$2,153,105.69View SEC Filing  
4/25/2014Thomas KellyCFOSell28,244$47.50$1,341,590.00View SEC Filing  
4/24/2014John ConwayCEOSell54,503$46.80$2,550,740.40View SEC Filing  
11/19/2013Arnold DonaldDirectorSell27,000$43.62$1,177,740.00View SEC Filing  
6/12/2013Jozef SalaertsInsiderSell5,000$42.62$213,100.00View SEC Filing  
6/5/2013Jim L TurnerDirectorBuy10,000$41.68$416,800.00View SEC Filing  
5/15/2013Jozef SalaertsInsiderSell5,000$43.62$218,100.00View SEC Filing  
11/13/2012John W ConwayCEOSell535,000$37.14$19,869,900.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Crown Holdings (NYSE:CCK)
Latest Headlines for Crown Holdings (NYSE:CCK)
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Crown Holdings (CCK) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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