NYSE:CCK - Crown Stock Price, Price Target & More

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$44.75 -0.61 (-1.34 %)
(As of 07/17/2018 09:01 AM ET)
Previous Close$45.36
Today's Range$44.34 - $45.44
52-Week Range$42.63 - $62.27
Volume1.97 million shs
Average Volume1.72 million shs
Market Capitalization$6.09 billion
P/E Ratio11.10
Dividend YieldN/A
Beta1.39
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 Ratio6.99
Current Ratio1.84
Quick Ratio1.34

Price-To-Earnings

Trailing P/E Ratio11.10
Forward P/E Ratio8.23
P/E Growth1.19

Sales & Book Value

Annual Sales$8.70 billion
Price / Sales0.69
Cash Flow$5.8344 per share
Price / Cash7.67
Book Value$6.87 per share
Price / Book6.51

Profitability

EPS (Most Recent Fiscal Year)$4.03
Net Income$323 million
Net Margins3.40%
Return on Equity56.15%
Return on Assets5.15%

Miscellaneous

Employees24,000
Outstanding Shares134,310,000
Market Cap$6,092.21

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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 will Crown's stock buyback program work?

Crown announced that its Board of Directors has approved a stock buyback program on Friday, April 7th 2017, which permits the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 13.3% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

How were Crown's earnings last quarter?

Crown Holdings, Inc. (NYSE:CCK) released its quarterly earnings results on Wednesday, April, 18th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.80 by $0.14. The industrial products company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.06 billion. Crown had a net margin of 3.40% and a return on equity of 56.15%. The firm's revenue was up 15.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.72 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, July, 18th 2018. View Earnings Estimates for Crown.

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

Crown issued an update on its FY18 earnings guidance on Wednesday, April, 18th. The company provided earnings per share (EPS) guidance of $5.35-5.55 for the period, compared to the Thomson Reuters consensus estimate of $4.65. Crown also updated its Q2 guidance to $1.55-1.65 EPS.

What price target have analysts set for CCK?

11 analysts have issued 1 year price objectives for Crown's stock. Their predictions range from $58.00 to $72.00. On average, they anticipate Crown's share price to reach $64.60 in the next year. This suggests a possible upside of 44.4% from the stock's current price. View Analyst Ratings 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 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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 expects its 2018 adjusted earnings per share will be $5.35-$5.55, reflecting 35% year-over-year growth at the mid-point. The company also projected adjusted free cash flow of approximately $625 million and capital spending of around $460 million for the full year. Further, it guided second-quarter 2018 earnings per share of $1.55-$1.65. Crown Holdings’ recent buyout of Signode will add a portfolio of premier transit and protective packaging franchises to its metal packaging business. However, increase in debt levels due to the Signode acquisition remains a concern. Also the imposition of tariff on steel and aluminium will lead to elevated raw material costs. Its shares have underpeformed the industry over the past year. " (6/20/2018)
  • 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?

Press coverage about CCK stock has been trending somewhat positive recently, according to Accern. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Crown earned a coverage optimism score of 0.21 on Accern's scale. They also assigned news stories about the industrial products company an impact score of 46.14 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are Crown's major shareholders?

Crown's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include CI INVESTMENTS INC. (5.14%), Bank of Montreal Can (0.11%), Pensionfund DSM Netherlands (0.04%), Pensionfund Sabic (0.03%), DnB Asset Management AS (0.01%) and State of Alaska Department of Revenue (0.01%). Company insiders that own Crown stock include David A Beaver, Jenne K Britell, Thomas A Kelly and Timothy J Donahue. 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 DnB Asset Management AS. View Insider Buying and Selling for Crown.

Which major investors are buying Crown stock?

CCK stock was purchased by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, Pensionfund Sabic, Bank of Montreal Can, State of Alaska Department of Revenue and IFM Investors Pty Ltd. 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 $44.75.

How big of a company is Crown?

Crown has a market capitalization of $6.09 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:  374 (Vote Outperform)
Underperform Votes:  296 (Vote Underperform)
Total Votes:  670
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 7/17/2018 by MarketBeat.com Staff

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