NYSE:CCK - Crown Stock Price, News, & Analysis

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$60.45 -0.75 (-1.23 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$60.45
Today's Range$60.36 - $61.2350
52-Week Range$39.05 - $61.40
Volume960,345 shs
Average Volume984,954 shs
Market Capitalization$8.18 billion
P/E Ratio11.63
Dividend YieldN/A
Beta1.66
Crown Holdings, Inc. designs, manufactures, and sells packaging products and equipment for consumer goods and industrial products in the Americas, Europe, and the Asia Pacific. It offers products for consumer goods, including steel and aluminum cans for food, beverage, household, and other consumer products; glass bottles for beverage product; and metal vacuum closures and steel crowns through its sales organization to the soft drink, food, citrus, brewing, household products, personal care, and various other industries. The company also provides products for industrial products, such as steel and plastic strap consumables and equipment, paper-based protective packaging, and plastic film consumables and equipment to metals, food and beverage, construction, agricultural, corrugated, and general industries. In addition, it offers aerosol cans and ends; and promotional and specialty packaging containers with various lid and closure variations. Further, the company provides industrial film and other related products; transit protection products, such as airbags, edge protectors, and honeycombs; and equipment and tools, such as manual, semi-automatic, and automatic equipment and tools used in end of line manufacturing applications to apply consumables. Crown Holdings, Inc. was founded in 1927 and is headquartered in Yardley, Pennsylvania.

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Industry, Sector and Symbol

Industry Metal cans
Sub-IndustryMetal & Glass Containers
SectorIndustrial Products
CUSIP22836810
Phone215-698-5100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$11.15 billion
Cash Flow$8.2922 per share
Book Value$11.10 per share

Profitability

Net Income$439 million

Miscellaneous

Employees33,000
Market Cap$8.18 billion
Next Earnings Date7/17/2019 (Estimated)
OptionableOptionable

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 were Crown's earnings last quarter?

Crown Holdings, Inc. (NYSE:CCK) posted its earnings results on Wednesday, April, 17th. The industrial products company reported $1.05 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.05. The industrial products company earned $2.76 billion during the quarter, compared to analyst estimates of $2.76 billion. Crown had a return on equity of 54.33% and a net margin of 3.86%. The company's revenue for the quarter was up 25.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.94 earnings per share. View Crown's Earnings History.

When is Crown's next earnings date?

Crown is scheduled to release their next quarterly earnings announcement on Wednesday, July 17th 2019. View Earnings Estimates for Crown.

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

Crown issued an update on its FY19 earnings guidance on Wednesday, April, 17th. The company provided earnings per share guidance of $5.20-5.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.25. Crown also updated its FY 2019 guidance to $5.20-5.40 EPS.

What price target have analysts set for CCK?

9 brokerages have issued 12 month target prices for Crown's shares. Their predictions range from $50.00 to $70.00. On average, they expect Crown's share price to reach $60.6667 in the next year. This suggests a possible upside of 0.4% 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 3 hold ratings and 6 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. According to Zacks Investment Research, "Crown Holdings projects first-quarter 2019 earnings per share between $1.00 and $1.10. The company’s results will be hurt by negative impact of foreign currency translation. Going forward, it also expects to incur additional restructuring charges related to its plant closures. The company will also bear the brunt of fluctuations in the price of raw materials due to tariffs. High level of indebtedness and substantial competition also remain matter of concerns." (4/16/2019)
  • 2. KeyCorp analysts commented, "We expect CCK to continue to hit its cash flow targets but also to struggle to grow organic EBIT, particularly as the global economy continues to slow. We expect flat organic EBIT in 2019 even with N.A. beverage can price increases. We think CCK is a stable business that generates reasonably predictable results, but the valuation should reflect limited growth. We are reducing our 2019 adj. EPS estimate from $5.51 to $5.32 (guidance is $5.20- $5.40); we were below consensus for 2019 coming into the release, and the Company indeed guided below consensus (on pension and FX). Our 2019 adj. EBIT estimate is coming down by 2% following the 4Q miss, and results in flat organic EBIT following a year in which organic EBIT declined by 4%; we think flat organic EBIT is an appropriate assumption given the Company’s difficulty growing EBIT in years past." (2/7/2019)

Has Crown been receiving favorable news coverage?

News articles about CCK stock have trended somewhat positive this week, InfoTrie reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Crown earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are some of Crown's key competitors?

What other stocks do shareholders of Crown own?

Who are Crown's key executives?

Crown's management team includes the folowing people:
  • Mr. Timothy J. Donahue, Pres, CEO & Director (Age 56)
  • Mr. Thomas A. Kelly, Sr. VP & CFO (Age 60)
  • Mr. Gerard H. Gifford, Exec. VP & COO (Age 64)
  • Mr. Robert H. Bourque Jr., Pres of Transit Packaging Division (Age 49)
  • Mr. Didier Michel Sourisseau, Pres of European Division (Age 53)

Who are Crown's major shareholders?

Crown's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (5.85%), BlackRock Inc. (5.44%), EdgePoint Investment Group Inc. (5.36%), Janus Henderson Group PLC (4.90%), JPMorgan Chase & Co. (4.35%) and Rivulet Capital LLC (1.87%). Company insiders that own Crown stock include Andrea J Funk, David A Beaver, John W Conway, Timothy J Donahue and William S Urkiel. View Institutional Ownership Trends for Crown.

Which major investors are selling Crown stock?

CCK stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Boston Partners, FMR LLC, Voya Investment Management LLC, Janus Henderson Group PLC, Strs Ohio, Sasco Capital Inc. CT and Vaughan Nelson Investment Management L.P.. Company insiders that have sold Crown company stock in the last year include David A Beaver and John W Conway. View Insider Buying and Selling for Crown.

Which major investors are buying Crown stock?

CCK stock was acquired by a variety of institutional investors in the last quarter, including Viking Global Investors LP, Thornburg Investment Management Inc., EdgePoint Investment Group Inc., DNB Asset Management AS, Dimensional Fund Advisors LP, Selz Capital LLC, SeaTown Holdings Pte. Ltd. and Manning & Napier Group LLC. Company insiders that have bought Crown stock in the last two years include Andrea J Funk, 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 $60.45.

How big of a company is Crown?

Crown has a market capitalization of $8.18 billion and generates $11.15 billion in revenue each year. The industrial products company earns $439 million in net income (profit) each year or $5.20 on an earnings per share basis. Crown employs 33,000 workers across the globe.

What is Crown's official website?

The official website for Crown is http://www.crowncork.com.

How can I contact Crown?

Crown's mailing address is 770 TOWNSHIP LINE ROAD, YARDLEY PA, 19067. 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)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  441 (Vote Outperform)
Underperform Votes:  382 (Vote Underperform)
Total Votes:  823
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.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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