Crown Holdings, Inc. (NYSE: CCK) is 2.26% higher on its value in year-to-date trading and has touched a low of $69.61 and a high of $96.74 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CCK stock was last observed hovering at around $95.80 in the last trading session, with the day’s loss setting it -1.63%.
Currently trading at $94.17, the stock is 1.39% and 5.00% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.85 million and changing -1.70% at the moment leaves the stock 12.82% off its SMA200. CCK registered 6.94% gain for a year compared to 6-month gain of 21.64%. The firm has a 50-day simple moving average (SMA 50) of $89.8828 and a 200-day simple moving average (SMA200) of $83.4862.
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The stock witnessed a 4.15% loss in the last 1 month and extending the period to 3 months gives it a 29.71%, and is -0.63% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.80% over the week and 1.71% over the month.
Crown Holdings, Inc. (CCK) has around 25000 employees, a market worth around $11.36B and $11.76B in sales. Current P/E ratio is 26.11 and Fwd P/E is 13.64. Profit margin for the company is 3.67%. Distance from 52-week low is 35.28% and -2.66% from its 52-week high. The company has generated returns on investments over the last 12 months (5.01%).
The EPS is expected to grow by 5.15% this year
692.0 institutions hold shares in Crown Holdings, Inc. (CCK), with institutional investors hold 95.20% of the company’s shares. The shares outstanding are 120.64M, and float is at 119.55M with Short Float at 1.98%. Institutions hold 94.34% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 12.05 million shares valued at $896.56 million. The investor’s holdings represent 10.0771 of the CCK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 11.76 million shares valued at $874.86 million to account for 9.8332 of the shares outstanding. The other top investors are FMR LLC which holds 8.04 million shares representing 6.7212 and valued at over $597.99 million, while VICTORY CAPITAL MANAGEMENT INC holds 4.4013 of the shares totaling 5.26 million with a market value of $391.58 million.
Crown Holdings, Inc. (CCK) Insider Activity
The most recent transaction is an insider sale by MILLER JAMES H, the company’s Director. SEC filings show that MILLER JAMES H sold 1,006 shares of the company’s common stock on Sep 23 ’24 at a price of $95.60 per share for a total of $96176.0. Following the sale, the insider now owns 12424.0 shares.
Still, SEC filings show that on Sep 06 ’24, DONAHUE TIMOTHY J (President & CEO) disposed off 7,500 shares at an average price of $90.58 for $0.68 million. The insider now directly holds 578,678 shares of Crown Holdings, Inc. (CCK).
