Crown Holdings, Inc (NYSE: CCK) is -4.35% lower on its value in year-to-date trading and has touched a low of $69.61 and a high of $98.46 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CCK stock was last observed hovering at around $87.98 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $88.08, the stock is -2.64% and -4.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.2 million and changing 0.11% at the moment leaves the stock 3.40% off its SMA200. CCK registered 0.23% gain for a year compared to 6-month gain of 11.28%. The firm has a 50-day simple moving average (SMA 50) of $92.6944 and a 200-day simple moving average (SMA200) of $85.1152.
The stock witnessed a -6.29% loss in the last 1 month and extending the period to 3 months gives it a -3.57%, and is -1.65% 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 1.62% over the week and 1.92% over the month.
Crown Holdings, Inc (CCK) has around 25000 employees, a market worth around $10.54B and $11.78B in sales. Current P/E ratio is 108.47 and Fwd P/E is 12.83. Profit margin for the company is 0.83%. Distance from 52-week low is 26.53% and -10.54% from its 52-week high. The company has generated returns on investments over the last 12 months (1.05%).
with sales reaching $2.9B over the same period.The EPS is expected to grow by 7.97% this year, but quarterly earnings will post -1.76% year-over-year. Quarterly sales are estimated to grow 1.33% in year-over-year returns.
734.0 institutions hold shares in Crown Holdings, Inc (CCK), with institutional investors hold 98.28% of the company’s shares. The shares outstanding are 119.63M, and float is at 118.68M with Short Float at 3.10%. Institutions hold 97.50% 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 DONAHUE TIMOTHY J, the company’s President & CEO. SEC filings show that DONAHUE TIMOTHY J sold 7,500 shares of the company’s common stock on Nov 06 ’24 at a price of $96.73 per share for a total of $0.73 million. Following the sale, the insider now owns 0.56 million shares.
Still, SEC filings show that on Oct 23 ’24, Gifford Gerard H (EVP & COO) disposed off 10,000 shares at an average price of $95.89 for $0.96 million. The insider now directly holds 114,402 shares of Crown Holdings, Inc (CCK).
