Crown Holdings, Inc (NYSE: CCK) is -10.01% 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 $85.37 in the last trading session, with the day’s loss setting it -2.5%.
Currently trading at $82.87, the stock is -7.57% and -9.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.58 million and changing -2.93% at the moment leaves the stock -2.93% off its SMA200. CCK registered -9.04% loss for a year compared to 6-month gain of 7.28%. The firm has a 50-day simple moving average (SMA 50) of $92.1856 and a 200-day simple moving average (SMA200) of $85.33465.
The stock witnessed a -7.28% loss in the last 1 month and extending the period to 3 months gives it a -12.24%, and is -5.81% 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 2.11% over the week and 1.93% over the month.
Crown Holdings, Inc (CCK) has around 25000 employees, a market worth around $9.91B and $11.78B in sales. Current P/E ratio is 102.06 and Fwd P/E is 12.07. Profit margin for the company is 0.83%. Distance from 52-week low is 19.05% and -15.83% from its 52-week high. The company has generated returns on investments over the last 12 months (1.05%).
The EPS is expected to grow by 7.97% this year
735.0 institutions hold shares in Crown Holdings, Inc (CCK), with institutional investors hold 98.26% 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 97.48% 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).
