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NYSE:CCKCrown Stock Price, Forecast & News

$65.43
-1.05 (-1.58 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$64.22
Now: $65.43
$66.53
50-Day Range
$57.25
MA: $61.88
$66.48
52-Week Range
$42.97
Now: $65.43
$80.57
Volume1.31 million shs
Average Volume1.02 million shs
Market Capitalization$8.81 billion
P/E Ratio17.83
Dividend YieldN/A
Beta1.27
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.67 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$11.67 billion
Cash Flow$8.88 per share
Book Value$15.24 per share

Profitability

Net Income$510 million

Miscellaneous

Employees33,000
Market Cap$8.81 billion
Next Earnings Date7/15/2020 (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 reached pandemic status according to the World Health Organization (WHO). Since then, CCK shares have increased by 6.4% and is now trading at $65.43. View which stocks have been most 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, July 15th 2020. View our earnings forecast for Crown.

How were Crown's earnings last quarter?

Crown Holdings, Inc. (NYSE:CCK) announced its earnings results on Monday, April, 20th. The industrial products company reported $1.13 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.92 by $0.21. The industrial products company earned $2.76 billion during the quarter, compared to analyst estimates of $2.73 billion. Crown had a net margin of 4.24% and a return on equity of 35.65%. The firm's revenue for the quarter was up .1% compared to the same quarter last year. During the same period last year, the business earned $1.05 EPS. View Crown's earnings history.

How will Crown's stock buyback program work?

Crown announced that its board has initiated a stock repurchase program on Tuesday, March 10th 2020, which allows the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 3.2% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

What price target have analysts set for CCK?

11 analysts have issued 1 year price targets for Crown's shares. Their forecasts range from $61.00 to $100.00. On average, they anticipate Crown's stock price to reach $80.00 in the next twelve months. This suggests a possible upside of 22.3% from the stock's current price. View analysts' price targets for Crown.

Has Crown been receiving favorable news coverage?

Media stories about CCK stock have trended negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Crown earned a daily sentiment score of -2.6 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutCrown.

Are investors shorting Crown?

Crown saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 2,000,000 shares, a decline of 22.2% from the April 15th total of 2,570,000 shares. Based on an average daily trading volume, of 1,520,000 shares, the short-interest ratio is currently 1.3 days. Approximately 1.5% of the shares of the stock 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), Procter & Gamble (PG), Allegheny Technologies (ATI), Walt Disney (DIS), MCCORMICK & CO /SH (MKC), Mueller Industries (MLI), Netflix (NFLX) and General Electric (GE).

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 a variety of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (5.54%), Janus Henderson Group PLC (5.27%), BlackRock Inc. (4.97%), Lyrical Asset Management LP (3.19%), EdgePoint Investment Group Inc. (2.76%) and Maverick Capital Ltd. (2.59%). 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 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 EdgePoint Investment Group Inc., Schroder Investment Management Group, Columbus Circle Investors, Lyrical Asset Management LP, Nuveen Asset Management LLC, Fuller & Thaler Asset Management Inc., Packer & Co Ltd, and BlackRock Inc.. Company insiders that have sold Crown company stock in the last year include David A Beaver, Gerard H Gifford, Hock Huat Goh, and Richard H Fearon. View insider buying and selling activity for Crown.

Which major investors are buying Crown stock?

CCK stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Maverick Capital Ltd., Jennison Associates LLC, Alyeska Investment Group L.P., Sumitomo Mitsui Trust Holdings Inc., MIK Capital LP, Deutsche Bank AG, and Janus Henderson Group PLC. Company insiders that have bought Crown stock in the last two years include Andrea J Funk, 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 $65.43.

How big of a company is Crown?

Crown has a market capitalization of $8.81 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.

What is Crown's official website?

The official website for Crown is 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]

This page was last updated on 6/1/2020 by MarketBeat.com Staff

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