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

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$41.12 +0.35 (+0.86 %)
(As of 08/20/2018 01:28 AM ET)
Previous Close$41.12
Today's Range$40.09 - $41.44
52-Week Range$40.09 - $62.27
Volume5.47 million shs
Average Volume1.98 million shs
Market Capitalization$5.79 billion
P/E Ratio10.20
Dividend YieldN/A
Beta1.37
Crown logoCrown 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 Philadelphia, Pennsylvania.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Metal cans
Sub-IndustryMetal & Glass Containers
SectorIndustrial Products
SymbolNYSE:CCK
CUSIP22836810
Phone215-698-5100

Debt

Debt-to-Equity Ratio8.12
Current Ratio1.18
Quick Ratio0.69

Price-To-Earnings

Trailing P/E Ratio10.20
Forward P/E Ratio7.86
P/E Growth1.17

Sales & Book Value

Annual Sales$8.70 billion
Price / Sales0.64
Cash Flow$5.6796 per share
Price / Cash7.24
Book Value$6.87 per share
Price / Book5.99

Profitability

EPS (Most Recent Fiscal Year)$4.03
Net Income$323 million
Net Margins3.14%
Return on Equity58.64%
Return on Assets5.06%

Miscellaneous

Employees24,000
Outstanding Shares135,190,000
Market Cap$5.79 billion

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

How were Crown's earnings last quarter?

Crown Holdings, Inc. (NYSE:CCK) posted its quarterly earnings results on Wednesday, July, 18th. The industrial products company reported $1.55 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.58 by $0.03. The industrial products company earned $3.05 billion during the quarter, compared to analysts' expectations of $2.98 billion. Crown had a return on equity of 58.64% and a net margin of 3.14%. The business's revenue for the quarter was up 41.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.12 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, 17th 2018. View Earnings Estimates for Crown.

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

Crown updated its FY18 earnings guidance on Wednesday, July, 18th. The company provided earnings per share (EPS) guidance of $5.15-5.30 for the period, compared to the Thomson Reuters consensus estimate of $5.34. Crown also updated its Q3 guidance to $1.60-1.70 EPS.

What price target have analysts set for CCK?

11 analysts have issued 12 month target prices for Crown's stock. Their forecasts range from $50.00 to $72.00. On average, they anticipate Crown's share price to reach $61.00 in the next year. This suggests a possible upside of 48.3% from the stock's current price. View Analyst Price Targets for Crown.

What is the consensus analysts' recommendation for Crown?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crown in the last year. There are currently 4 hold ratings and 7 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’ adjusted earnings and sales improved on a year-over-year basis in second-quarter 2018. The top line beat the Zacks Consensus Estimate, while the bottom line missed the Consensus mark. The company trimmed its adjusted earnings per share guidance to $5.15-$5.30 for full-year 2018 due to persistent elevated freight costs in North America and foreign currency-translation impact. This currency-translation impact was mainly driven by the weakness in the Brazilian reais against the U.S. dollar. Further, upcoming election and lackluster economic data are the major headwinds for Crown Holdings. Also, its shares have underperformed the industry over the past year. However, the company is poised to gain from disciplined pricing, cost control, capital allocation and geographic expansion. In addition, strong performance of its Transit Packaging business remains a major growth driver." (8/13/2018)
  • 2. KeyCorp analysts commented, "We wrote last quarter that we were warming up to the stock given its recent weakness, and the weakness has persisted. The implied 2019E FCF yield on market cap (based on guidance) looks compelling at ~10%, but leverage is a concern and the yield on pro forma 2018E FCF is closer to 8.5%, roughly in line with some other packaging companies (including Berry Global). Consequently, we reiterate our SW rating for the time being." (4/20/2018)

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 55)
  • Mr. Thomas A. Kelly, Sr. VP & CFO (Age 59)
  • Mr. Gerard H. Gifford, Exec. VP & COO (Age 63)
  • Mr. Djalma Novaes Jr., Pres of Americas Division (Age 57)
  • Mr. Didier Michel Sourisseau, Pres of European Division (Age 52)

Has Crown been receiving favorable news coverage?

Headlines about CCK stock have been trending somewhat positive this week, according to Accern Sentiment. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Crown earned a news impact score of 0.16 on Accern's scale. They also assigned media coverage about the industrial products company an impact score of 46.69 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Crown.

Who are Crown's major shareholders?

Crown's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (6.61%), BlackRock Inc. (5.59%), CI INVESTMENTS INC. (5.14%), Janus Henderson Group PLC (3.25%), Voya Investment Management LLC (2.79%) and FMR LLC (2.60%). Company insiders that own Crown stock include 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 selling Crown stock?

CCK stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Point72 Asset Management L.P., First Quadrant L P CA, Janus Henderson Group PLC, Voya Investment Management LLC, BlackRock Inc., Putnam Investments LLC and Teacher Retirement System of Texas. View Insider Buying and Selling for Crown.

Which institutional investors are buying Crown stock?

CCK stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Fuller & Thaler Asset Management Inc., Cooke & Bieler LP, Strs Ohio, BlueMountain Capital Management LLC, Private Management Group Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp and Lonestar Capital Management LLC. Company insiders that have bought Crown stock in the last two years include 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 $41.12.

How big of a company is Crown?

Crown has a market capitalization of $5.79 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.

How can I contact Crown?

Crown's mailing address is ONE CROWN WAY, PHILADELPHIA PA, 19154. 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:  2.8 out of 5 (star star)
Outperform Votes:  390 (Vote Outperform)
Underperform Votes:  310 (Vote Underperform)
Total Votes:  700
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 8/20/2018 by MarketBeat.com Staff

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