NYSE:CCK - Crown Stock Price, News & Analysis

$65.58
-1.10 (-1.65 %)
(As of 08/25/2019 07:58 AM ET)
Today's Range
$65.36
Now: $65.58
$66.93
50-Day Range
$58.98
MA: $63.73
$68.26
52-Week Range
$39.05
Now: $65.58
$68.84
Volume614,777 shs
Average Volume1.43 million shs
Market Capitalization$8.89 billion
P/E Ratio12.61
Dividend YieldN/A
Beta1.58
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. Read More…

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$8.1567 per share
Book Value$12.54 per share

Profitability

Net Income$439 million

Miscellaneous

Employees33,000
Market Cap$8.89 billion
Next Earnings Date10/16/2019 (Estimated)
OptionableOptionable

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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, July, 17th. The industrial products company reported $1.46 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.49 by $0.03. The industrial products company had revenue of $3.04 billion for the quarter, compared to analysts' expectations of $3.04 billion. Crown had a net margin of 3.91% and a return on equity of 48.36%. The business's revenue was down .4% on a year-over-year basis. During the same period in the previous year, the business posted $1.55 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, October 16th 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, July, 17th. The company provided earnings per share (EPS) guidance of $5.05 to $5.20 for the period, compared to the Thomson Reuters consensus estimate of $5.28.

What price target have analysts set for CCK?

9 analysts have issued 12 month price targets for Crown's stock. Their forecasts range from $56.00 to $77.00. On average, they expect Crown's stock price to reach $64.50 in the next year. This suggests that the stock has a possible downside of 1.6%. 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 coverage about CCK stock has been trending positive on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Crown earned a coverage optimism score of 2.5 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the next few days. View News Stories for Crown.

Are investors shorting Crown?

Crown saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 7,468,300 shares, an increase of 5.8% from the June 30th total of 7,058,000 shares. Based on an average daily volume of 1,360,000 shares, the days-to-cover ratio is presently 5.5 days. Currently, 5.8% of the shares of the company are short sold. View Crown's Current Options Chain.

Who are some of Crown's key competitors?

What other stocks do shareholders of Crown own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Crown investors own include NXP Semiconductors (NXPI), Allegheny Technologies (ATI), Mueller Industries (MLI), Cisco Systems (CSCO), General Electric (GE), Netflix (NFLX), Walt Disney (DIS), Nike (NKE), Applied Materials (AMAT) and Intel (INTC).

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 a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.21%), EdgePoint Investment Group Inc. (6.71%), BlackRock Inc. (5.52%), BlackRock Inc. (5.52%), JPMorgan Chase & Co. (5.29%) and Janus Henderson Group PLC (5.00%). Company insiders that own Crown stock include Andrea J Funk, David A Beaver, Gerard H Gifford, 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 Strs Ohio, Anchor Bolt Capital LP, Sterling Capital Management LLC, Echo Street Capital Management LLC, Victory Capital Management Inc., Firefly Value Partners LP, M.D. Sass Investors Services Inc. and Wells Fargo & Company MN. Company insiders that have sold Crown company stock in the last year include David A Beaver, Gerard H Gifford 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 Nuveen Asset Management LLC, EdgePoint Investment Group Inc., William Blair Investment Management LLC, JPMorgan Chase & Co., Packer & Co Ltd, Viking Global Investors LP, Korea Investment CORP and 12th Street Asset Management Company 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 $65.58.

How big of a company is Crown?

Crown has a market capitalization of $8.89 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.View Additional Information About Crown.

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:  456 (Vote Outperform)
Underperform Votes:  395 (Vote Underperform)
Total Votes:  851
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 8/25/2019 by MarketBeat.com Staff

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