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NYSE:CCK - Crown Stock Price, Forecast & News

$57.24
-0.82 (-1.41 %)
(As of 03/29/2020 05:28 AM ET)
Today's Range
$55.57
Now: $57.24
$58.27
50-Day Range
$43.69
MA: $68.61
$80.00
52-Week Range
$42.97
Now: $57.24
$80.57
Volume1.75 million shs
Average Volume2.19 million shs
Market Capitalization$7.77 billion
P/E Ratio15.10
Dividend YieldN/A
Beta1.31
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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Crown logo

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$11.67 billion
Cash Flow$8.75 per share
Book Value$15.44 per share

Profitability

Net Income$510 million

Miscellaneous

Employees33,000
Market Cap$7.77 billion
Next Earnings Date4/15/2020 (Estimated)
OptionableOptionable

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Crown (NYSE:CCK) Frequently Asked Questions

How has Crown's stock been impacted by COVID-19 (Coronavirus)?

Crown's stock was trading at $61.47 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CCK stock has decreased by 6.9% and is now trading at $57.24. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Crown?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crown in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Crown.

When is Crown's next earnings date?

Crown is scheduled to release its next quarterly earnings announcement on Wednesday, April 15th 2020. View our earnings forecast for Crown.

How were Crown's earnings last quarter?

Crown Holdings, Inc. (NYSE:CCK) issued its quarterly earnings results on Tuesday, February, 4th. The industrial products company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.09. The industrial products company earned $2.79 billion during the quarter, compared to analyst estimates of $2.72 billion. Crown had a net margin of 4.37% and a return on equity of 37.68%. The firm's revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.00 earnings per share. View Crown's earnings history.

How will Crown's stock buyback program work?

Crown declared that its board has initiated a share repurchase program on Tuesday, March 10th 2020, which permits the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 3.2% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's leadership believes its shares are undervalued.

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

Crown updated its FY20 earnings guidance on Tuesday, February, 4th. The company provided earnings per share (EPS) guidance of $5.40-5.60 for the period, compared to the Thomson Reuters consensus estimate of $5.56.

What price target have analysts set for CCK?

11 equities research analysts have issued 1 year price objectives for Crown's shares. Their forecasts range from $61.00 to $100.00. On average, they expect Crown's stock price to reach $80.10 in the next year. This suggests a possible upside of 39.9% from the stock's current price. View analysts' price targets for Crown.

Has Crown been receiving favorable news coverage?

News coverage about CCK stock has been trending somewhat positive recently, according to InfoTrie. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Crown earned a coverage optimism score of 1.2 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutCrown.

Are investors shorting Crown?

Crown saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 2,960,200 shares, an increase of 60.9% from the February 27th total of 1,840,000 shares. Based on an average daily trading volume, of 1,130,000 shares, the short-interest ratio is currently 2.6 days. Approximately 2.2% of the company's shares are sold short. 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), Home Depot (HD), NVIDIA (NVDA), Netflix (NFLX), Walt Disney (DIS), Allegheny Technologies (ATI), Mueller Industries (MLI), Nike (NKE), Procter & Gamble (PG) and Boeing (BA).

Who are Crown's key executives?

Crown's management team includes the following 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)

What is Crown's stock symbol?

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

Who are Crown's major shareholders?

Crown's stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (5.25%), Janus Henderson Group PLC (5.09%), Lyrical Asset Management LP (3.52%), Nuveen Asset Management LLC (2.61%), William Blair Investment Management LLC (2.28%) and State Street Corp (2.15%). Company insiders that own Crown stock include Andrea J Funk, David A Beaver, Gerard H Gifford, Hock Huat Goh, John W Conway, Richard H Fearon, Timothy J Donahue and William S Urkiel. View institutional ownership trends for Crown.

Which institutional investors are selling Crown stock?

CCK stock was sold by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P., Echo Street Capital Management LLC, Massachusetts Financial Services Co. MA, Schroder Investment Management Group, Janus Henderson Group PLC, Victory Capital Management Inc., Victory Capital Management Inc., and Grosvenor Holdings L.L.C.. Company insiders that have sold Crown company stock in the last year include David A Beaver, Gerard H Gifford, Hock Huat Goh, John W Conway, and Richard H Fearon. View insider buying and selling activity for Crown.

Which institutional investors are buying Crown stock?

CCK stock was purchased by a variety of institutional investors in the last quarter, including Maverick Capital Ltd., Norges Bank, Amundi Pioneer Asset Management Inc., Beaconlight Capital LLC, Renaissance Technologies LLC, Aviva PLC, Bank of New York Mellon Corp, and Marshall Wace North America L.P.. 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 activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Crown's stock price today?

One share of CCK stock can currently be purchased for approximately $57.24.

How big of a company is Crown?

Crown has a market capitalization of $7.77 billion and generates $11.67 billion in revenue each year. The industrial products company earns $510 million in net income (profit) each year or $5.11 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:  506 (Vote Outperform)
Underperform Votes:  442 (Vote Underperform)
Total Votes:  948
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 3/29/2020 by MarketBeat.com Staff

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