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: Packaging & Containers
  • Sub-Industry: Metal & Glass Containers
  • Symbol: NYSE:CCK
  • CUSIP: 22836810
  • Web: www.crowncork.com
Capitalization:
  • Market Cap: $7.8 billion
  • Outstanding Shares: 138,500,000
Average Prices:
  • 50 Day Moving Avg: $55.18
  • 200 Day Moving Avg: $53.89
  • 52 Week Range: $48.04 - $57.49
P/E:
  • Trailing P/E Ratio: 14.996
  • Foreward P/E Ratio: 12.75
  • P/E Growth: 1.950
Sales & Book Value:
  • Annual Revenue: $8.29 billion
  • Price / Sales: 0.94
  • Book Value: $3.92 per share
  • Price / Book: 14.38
Profitability:
  • EBIDTA: $1.33 billion
  • Net Margins: 5.99%
  • Return on Equity: 83.94%
  • Return on Assets: 5.53%
Debt:
  • Debt-to-Equity Ratio: 6.54%
  • Current Ratio: 1.10%
  • Quick Ratio: 0.64%
Misc:
  • Average Volume: 829,841 shs.
  • Beta: 1.35
  • Short Ratio: 3.74
 

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 share repurchase program on Friday, April 7th 2017, which allows the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 13.3% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board believes its shares are undervalued.

How were Crown Holdings' earnings last quarter?

Crown Holdings, Inc. (NYSE:CCK) released its quarterly earnings results on Wednesday, April, 19th. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.02. The company earned $1.90 billion during the quarter, compared to analysts' expectations of $1.89 billion. Crown Holdings had a net margin of 5.99% and a return on equity of 83.94%. The business's revenue for the quarter was up .4% on a year-over-year basis. During the same period last year, the firm earned $0.69 EPS. View Crown Holdings' Earnings History.

When will Crown Holdings make its next earnings announcement?

Crown Holdings is scheduled to release their next quarterly earnings announcement on Tuesday, July, 18th 2017. View Earnings Estimates for Crown Holdings.

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

Crown Holdings issued an update on its FY17 earnings guidance on Wednesday, April, 19th. The company provided EPS guidance of $3.80-4.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.92. Crown Holdings also updated its Q2 guidance to $1.05-1.15 EPS.

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

9 brokerages have issued 1 year target prices for Crown Holdings' shares. Their predictions range from $58.00 to $65.00. On average, they expect Crown Holdings' stock price to reach $61.89 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. According to Zacks Investment Research, "Crown Holdings’ top-line and bottom-line in first-quarter 2017 both improved on a year-over-year basis and also beat the respective Zacks Consensus Estimates. Adjusted diluted earnings per share for the second quarter are projected in the range of $1.05–$1.15 and for 2017 is expected to be in the range of $3.80–$4.00. On a year over year basis, the mid point of the guidance range reflects an 8% and 1% drop for the second quarter and 2017 respcectively. The stock has underperformed the Zacks categorized sub industry in the past one year. Weak global food and aerosol can volumes, mature NA food can, closure markets, pricing pressure in China and stiff competition remain the primary headwinds for Crown Holdings. Nevertheless, it will benefit from ongoing investments in the company’s global beverage operations, potential strategic acquisitions in geographic areas and product lines." (5/16/2017)
  • 2. 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 owns Crown Holdings stock?

Crown Holdings' stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.63%), Lazard Asset Management LLC (6.79%), Massachusetts Financial Services Co. MA (6.56%), BlackRock Inc. (5.89%), Boston Partners (3.97%) and JPMorgan Chase & Co. (3.50%). 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 JPMorgan Chase & Co., AQR Capital Management LLC, Renaissance Technologies LLC, TIAA CREF Investment Management LLC, Sasco Capital Inc. CT, First Trust Advisors LP, James Investment Research Inc. and YG Partners LLC. Company insiders that have sold Crown Holdings stock in the last year include David A Beaver, Jenne K Britell, Robert H Bourque Jr 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 BlackRock Inc., Lazard Asset Management LLC, Boston Partners, Janus Capital Management LLC, Vanguard Group Inc., Massachusetts Financial Services Co. MA, Mondrian Investment Partners LTD and Nordea Investment Management AB. 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.

How much does a share of Crown Holdings stock cost?

One share of Crown Holdings stock can currently be purchased for approximately $56.35.

Analyst Ratings

Consensus Ratings for Crown Holdings (NYSE:CCK) (?)
Ratings Breakdown: 3 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $61.89 (9.83% upside)

Analysts' Ratings History for Crown Holdings (NYSE:CCK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/21/2017Jefferies Group LLCReiterated RatingBuy$62.00 -> $63.00LowView Rating Details
4/14/2017Citigroup IncReiterated RatingBuy$62.00 -> $63.00N/AView Rating Details
4/12/2017BMO Capital MarketsReiterated RatingBuy$65.00LowView Rating Details
2/16/2017Credit Suisse Group AGSet Price TargetHold$60.00N/AView Rating Details
2/6/2017Vertical ResearchUpgradeHold -> Buy$60.00N/AView Rating Details
2/6/2017Barclays PLCLower Price TargetOverweight$64.00 -> $63.00N/AView Rating Details
10/18/2016Deutsche Bank AGSet Price TargetHold$58.00N/AView Rating Details
9/30/2016Royal Bank of CanadaInitiated CoverageOutperform$65.00N/AView Rating Details
6/2/2016Goldman Sachs Group IncReiterated RatingHoldN/AView Rating Details
2/19/2016Bank of America CorpUpgradeNeutral -> Buy$58.00N/AView Rating Details
2/5/2016MacquarieBoost Price TargetOutperform$57.00 -> $58.00N/AView Rating Details
11/12/2015Wells Fargo & CoDowngradeOutperform -> Market PerformN/AView Rating Details
11/2/2015Robert W. BairdBoost Price TargetOutperform$52.00 -> $58.00N/AView Rating Details
(Data available from 5/23/2015 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
7/18/2017        
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: $3.90
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.68$0.68$0.68
Q2 20172$1.05$1.12$1.09
Q3 20172$1.34$1.36$1.35
Q4 20172$0.74$0.83$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: 90.76%
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)
Source:
DateHeadline
americanbankingnews.com logoCrown Holdings, Inc. (CCK) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - May 22 at 4:26 PM
americanbankingnews.com logoDavid A. Beaver Sells 1,000 Shares of Crown Holdings, Inc. (CCK) Stock
www.americanbankingnews.com - May 22 at 1:28 PM
finance.yahoo.com logoCrown Holdings (CCK) Up 1.7% Since Earnings Report: Can It Continue?
finance.yahoo.com - May 22 at 12:43 PM
americanbankingnews.com logoCrown Holdings, Inc. (CCK) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - May 16 at 6:58 PM
finance.yahoo.com logoCrown Holdings (CCK) Opens Beverage Can Facility in U.S.
finance.yahoo.com - May 15 at 12:00 PM
finance.yahoo.com logoCrown Opens First Greenfield Beverage Can Facility in the United States in Over 20 Years
finance.yahoo.com - May 12 at 4:46 PM
americanbankingnews.com logo$2.14 Billion in Sales Expected for Crown Holdings, Inc. (CCK) This Quarter
www.americanbankingnews.com - May 7 at 8:56 AM
americanbankingnews.com logo Analysts Anticipate Crown Holdings, Inc. (CCK) to Post $1.09 Earnings Per Share
www.americanbankingnews.com - May 5 at 9:18 AM
americanbankingnews.com logoCrown Holdings (CCK) Receiving Somewhat Favorable Press Coverage, Report Finds
www.americanbankingnews.com - May 4 at 2:32 PM
finance.yahoo.com logoETFs with exposure to Crown Holdings, Inc. : May 2, 2017
finance.yahoo.com - May 2 at 7:41 PM
americanbankingnews.com logoFavorable Press Coverage Likely to Impact Crown Holdings (CCK) Share Price
www.americanbankingnews.com - May 1 at 5:14 PM
finance.yahoo.com logoCrown Holdings, Inc. :CCK-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017
finance.yahoo.com - May 1 at 4:11 PM
americanbankingnews.com logoCrown Holdings (CCK) Earns Media Impact Score of 0.45
www.americanbankingnews.com - April 28 at 12:10 PM
americanbankingnews.com logoCrown Holdings, Inc. (CCK) Director Jenne K. Britell Sells 4,525 Shares
www.americanbankingnews.com - April 25 at 6:06 PM
americanbankingnews.com logoCrown Holdings (CCK) Getting Somewhat Positive News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 25 at 5:06 PM
americanbankingnews.com logoCrown Holdings, Inc. (CCK) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - April 25 at 4:42 PM
americanbankingnews.com logoQ2 2017 Earnings Estimate for Crown Holdings, Inc. Issued By KeyCorp (CCK)
www.americanbankingnews.com - April 24 at 8:14 AM
finance.yahoo.com logoEdited Transcript of CCK earnings conference call or presentation 20-Apr-17 1:00pm GMT
finance.yahoo.com - April 21 at 9:17 PM
americanbankingnews.com logoJefferies Group LLC Reaffirms Buy Rating for Crown Holdings, Inc. (CCK)
www.americanbankingnews.com - April 21 at 6:34 PM
finance.yahoo.com logoCrown Holdings (CCK) Beats Earnings & Sales Estimates in Q1
finance.yahoo.com - April 21 at 4:15 PM
americanbankingnews.com logoCrown Holdings (CCK) Getting Somewhat Positive News Coverage, Analysis Shows
www.americanbankingnews.com - April 20 at 5:27 PM
finance.yahoo.com logoCrown Holdings, Inc. (CCK)
finance.yahoo.com - April 20 at 4:20 PM
americanbankingnews.com logoCrown Holdings, Inc. (CCK) Posts Earnings Results, Beats Expectations By $0.03 EPS
www.americanbankingnews.com - April 19 at 9:48 PM
americanbankingnews.com logoCrown Holdings, Inc. (CCK) Releases FY17 Earnings Guidance
www.americanbankingnews.com - April 19 at 9:05 PM
americanbankingnews.com logoCrown Holdings, Inc. (CCK) Updates Q2 Earnings Guidance
www.americanbankingnews.com - April 19 at 9:05 PM
finance.yahoo.com logoCrown Holdings, Inc. Reports First Quarter 2017 Results
finance.yahoo.com - April 19 at 8:43 PM
marketbeat.com logoCrown beats Street 1Q forecasts
marketbeat.com - April 19 at 5:35 PM
nasdaq.com logoWhat's in Store for Crown Holdings (CCK) in Q1 Earnings?
www.nasdaq.com - April 18 at 12:30 PM
finance.yahoo.com logoWhat's in Store for Crown Holdings (CCK) in Q1 Earnings?
finance.yahoo.com - April 18 at 12:30 PM
americanbankingnews.com logoCrown Holdings, Inc. (CCK) Stock Rating Reaffirmed by Jefferies Group LLC
www.americanbankingnews.com - April 18 at 9:00 AM
americanbankingnews.com logoCrown Holdings, Inc. (CCK) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - April 17 at 7:38 AM
americanbankingnews.com logoCrown Holdings (CCK) Getting Somewhat Positive News Coverage, Report Shows
www.americanbankingnews.com - April 16 at 11:51 AM
americanbankingnews.com logoCrown Holdings, Inc. (CCK) Expected to Announce Quarterly Sales of $1.89 Billion
www.americanbankingnews.com - April 16 at 9:16 AM
americanbankingnews.com logoCrown Holdings, Inc. (CCK) Given "Buy" Rating at Citigroup Inc
www.americanbankingnews.com - April 14 at 8:38 PM
americanbankingnews.com logoZacks: Analysts Expect Crown Holdings, Inc. (CCK) to Announce $0.70 EPS
www.americanbankingnews.com - April 14 at 8:02 AM
americanbankingnews.com logoFavorable News Coverage Very Likely to Effect Crown Holdings (CCK) Stock Price
www.americanbankingnews.com - April 13 at 3:56 PM
americanbankingnews.com logoCrown Holdings, Inc. (CCK) Rating Reiterated by BMO Capital Markets
www.americanbankingnews.com - April 12 at 9:33 PM
finance.yahoo.com logoCrown Holdings, Inc. – Value Analysis (NYSE:CCK) : April 12, 2017
finance.yahoo.com - April 12 at 4:11 PM
americanbankingnews.com logoCrown Holdings, Inc. (CCK) Rating Reiterated by Jefferies Group LLC
www.americanbankingnews.com - April 12 at 3:53 PM
bizjournals.com logoCrown Holdings poised to sell headquarters, considers moving out of Philadelphia
www.bizjournals.com - April 11 at 9:20 PM
finance.yahoo.com logoCrown Holdings, Inc. breached its 50 day moving average in a Bullish Manner : CCK-US : April 11, 2017
finance.yahoo.com - April 11 at 10:23 AM
americanbankingnews.com logoCrown Holdings' (CCK) Buy Rating Reaffirmed at Jefferies Group LLC
www.americanbankingnews.com - April 9 at 10:32 AM
americanbankingnews.com logoStock Buyback Program Approved by Crown Holdings (CCK)
www.americanbankingnews.com - April 7 at 4:39 PM
americanbankingnews.com logoCrown Holdings, Inc. (CCK) Earns "Buy" Rating from Jefferies Group LLC
www.americanbankingnews.com - April 2 at 10:31 PM
finance.yahoo.com logoCrown Holdings Schedules First Quarter 2017 Earnings Conference Call
finance.yahoo.com - March 31 at 9:22 PM
americanbankingnews.com logoCrown Holdings, Inc. (CCK) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - March 31 at 12:17 PM
moodys.com logoCrown Cork & Seal Company, Inc. -- Moody's rates Crown's new senior secured credit facilities Baa2; affirms Ba2 CFR and maintains stable outlook
www.moodys.com - March 20 at 7:32 PM
seekingalpha.com logoCrown Holdings (CCK) Presents At 2017 JP Morgan Aviation, Transportation & Industrials Conference
seekingalpha.com - March 16 at 2:35 AM
finance.yahoo.com logoCROWN HOLDINGS INC Financials
finance.yahoo.com - March 2 at 4:24 PM
biz.yahoo.com logoCROWN HOLDINGS INC Files SEC form 10-K, Annual Report
biz.yahoo.com - February 24 at 4:21 PM

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Crown Holdings (CCK) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff