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

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$47.60 -0.26 (-0.54 %)
(As of 01/17/2019 04:00 PM ET)
Previous Close$47.86
Today's Range$47.09 - $48.05
52-Week Range$39.05 - $59.50
Volume1.93 million shs
Average Volume1.27 million shs
Market Capitalization$6.43 billion
P/E Ratio11.81
Dividend YieldN/A
Beta1.55
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.

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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$8.70 billion
Cash Flow$5.9204 per share
Book Value$6.87 per share

Profitability

Net Income$323 million

Miscellaneous

Employees24,000
Market Cap$6.43 billion
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 will Crown's stock buyback program work?

Crown announced that its Board of Directors has authorized a stock repurchase program 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 repurchase up to 13.3% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its stock is undervalued.

How were Crown's earnings last quarter?

Crown Holdings, Inc. (NYSE:CCK) posted its earnings results on Wednesday, October, 17th. The industrial products company reported $1.71 earnings per share for the quarter, beating the Thomson Reuters' 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 59.62%. The firm's revenue for the quarter was up 28.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.46 EPS. View Crown's Earnings History.

When is Crown's next earnings date?

Crown is scheduled to release their next quarterly earnings announcement on Wednesday, February 6th 2019. View Earnings Estimates for Crown.

How can I listen to Crown's earnings call?

Crown will be holding an earnings conference call on Thursday, February 7th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883248108.

What price target have analysts set for CCK?

10 analysts have issued 1 year price targets for Crown's shares. Their forecasts range from $49.00 to $72.00. On average, they anticipate Crown's stock price to reach $59.1111 in the next year. This suggests a possible upside of 24.2% from the stock's current price. View Analyst Price Targets for Crown.

What is the consensus analysts' recommendation for Crown?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crown in the last year. There are currently 2 hold ratings and 8 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 fourth-quarter 2018 earnings per share between 97 cents and $1.20, reflecting year-over-year growth of around 37% at the mid-point. It expects to benefit from strong global beverage can demand and focus on growth strategies and investments. Crown Holdings will manage elevated inventory levels in the European Food segment by realigning production schedules and reducing production. The company will also gain from geographic expansion, focus on cost control and disciplined pricing actions. However, Crown Holdings’ results will likely bear the brunt of hurricanes, elevated raw material and freight costs, negative impact of foreign currency-translation and high level of indebtedness. Moreover, its shares have underperformed the industry over the past year." (1/17/2019)
  • 2. 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)

Has Crown been receiving favorable news coverage?

Press coverage about CCK stock has been trending negative this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded 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 -2.8 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the company's share price in the next several days.

Who are some of Crown's key competitors?

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. Djalma Novaes Jr., Pres of Americas Division (Age 58)
  • Mr. Didier Michel Sourisseau, Pres of European Division (Age 53)

Who are Crown's major shareholders?

Crown's stock is owned by a number of of institutional and retail investors. Top institutional investors include DNB Asset Management AS (0.66%), Virtu Financial LLC (0.01%), Cerebellum GP LLC (0.00%) and First Hawaiian Bank (0.00%). Company insiders that own Crown stock include Andrea J Funk, 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 buying Crown stock?

CCK stock was purchased by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Virtu Financial LLC, Cerebellum GP LLC and First Hawaiian Bank. 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 $47.60.

How big of a company is Crown?

Crown has a market capitalization of $6.43 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?

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:  424 (Vote Outperform)
Underperform Votes:  358 (Vote Underperform)
Total Votes:  782
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 1/17/2019 by MarketBeat.com Staff

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