Crown stock: buy or sell?

CCK stock price: $58.74 -2.83% At close on May 20th, 2019

Updated on:
May 20th, 2019

4

Shares of Crown slipped a terrible -2.83% and closed at $58.74.

Crown Holdings, Inc. designs, manufactures, and sells packaging products for consumer goods in the Americas, Europe, and the Asia Pacific.

Should I buy Crown stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Having a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Only 1 of our buy setups matches with Crown stock now:

Buy setupElegible
New all-time highNo
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Crown stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we gathered 7 ratings published for CCK stock in the last 30 days.

The general sentiment of these ratings is bullish for CCK stock, with 4 positive ratings.
Is CCK a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-5-17Wells Fargo & Con/aHold
2019-4-22Deutsche BankBuyPositive
2019-2-8Deutsche Bankn/aBuy
2019-2-7KeyCorpn/aHold
2019-2-19Royal Bank of CanadaOutperformOutperform
2019-1-7CitigroupBuyBuy
2019-1-3Deutsche BankHoldBuy

Crown stock analysis

Daily outlook

Shares of Crown closed today at $58.74 and slipped a terrible -2.83%.

Shares of Crown slipped a terrible -2.83% and closed at $58.74. From a daily perspective, CCK is in a short term uptrend after plotting its last bottom ($58.25, on May 9th) higher than the previous bottom, and its last top ($61.40, on Thursday) also over the previous top. Now trading in between its last bottom and last top CCK might consolidate in a plain range, waiting to break out over $61.40 or down under $58.25. On January, SMA100d and SMA200d crossed up triggering a rise of 23.51%. Since last January when CCK stock price broke up the SMA200d line, it gained $13.05 (28.56%).

CCK stock chart (daily)

Weekly outlook

Shares of Crown eased an awful -2.83% this week.

Crown stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, CCK might consolidate in a flat-base, waiting to break out over or down under . Since early January when SMA20w and SMA40w crossed up, CCK price gained $15.67 per share (36.38%). Since price and SMA40w lines crossed up early January, CCK climbed $15.67 (36.38%).

CCK stock chart (weekly)

Crown stock price history

Crown stock went public on March 17th, 1980 with a price of $2.291. Since then, CCK stock grew a 2,465.10%, with a yearly average of 63.20%. If you had invested right after CCK's IPO a $1,000 in Crown stock in 1980, it would worth $24,651.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Crown stock historical price chart

CCK stock reached 52-week highs on Thursday at $61.40, and all-time highs 2017-12-19 with a price of 62.27.

Crown stock price target is $62.60

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We have 5 price predictions for CCK stock released in the last 30 days:
CCK stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-5-17Wells Fargo & CoSet Price Targetn/a$70.00-
2019-4-22Deutsche BankRaises Target$60.00$65.008.3%
2019-2-8Deutsche BankSet Price Targetn/a$60.00-
2019-2-19Royal Bank of CanadaRaises Target$58.00$64.0010.3%
2019-1-7CitigroupLowers Target$60.00$54.00-10%
(in average)$59.30$62.606.0%
The price forecast for Crown stock is $62.60, moving in a range between $70.00 and $54.00. In average, analysts' outlook on CCK price forecast is positive, improving the forecast by a 6.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on February, Crown jumped a superb 13.33%. Unfortunately, reported EPS is not yet available in our database.
CCK earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.08n/a
2017-Q32017-10-181.411.410.0%
2017-Q42018-02-070.790.790.0%
2018-Q12018-04-180.80.9417.5%
2018-Q22018-07-181.581.55-1.9%
2018-Q32018-10-171.651.713.6%
2018-Q42019-02-06110.0%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Crown annual turnover skyrocketed an exceptional 28.20% to $11,151.00 M USD from $8,698.00 marked in 2017. In contrast, its profit margin (compared to sales) stayed stable to 3.94%, that is $439.00 million.

CCK annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$8,670 M-$324 M3.7%-
2014$9,097 M4.93%$387 M4.3%19.44%
2015$8,762 M-3.68%$393 M4.5%1.55%
2016$8,284 M-5.46%$496 M6.0%26.21%
2017$8,698 M5.00%$323 M3.7%-34.88%
2018$11,151 M28.20%$439 M3.9%35.91%

Quarterly financial results

Crown reported $2,734.00 M in sales for 2018-Q4, a -13.86% decline compared to previous quarter. Reported quarter earnings marked $53.00 million with a profit margin of 1.94%. Profit margin depreciated a -3.23% compared to previous quarter when profit margin was 5.17%. When comparing revenues to same quarter last year, Crown sales marked an amazing growth and climbed a 26.11%.
CCK quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$2,170 M-$128 M5.9%-
2017-Q3$2,470 M13.82%$177 M7.2%38.28%
2017-Q4$2,168 M-12.23%$-89 M-4.1%-150.28%
2018-Q1$2,197 M1.34%$90 M4.1%-201.12%
2018-Q2$3,046 M38.64%$132 M4.3%46.67%
2018-Q3$3,174 M4.20%$164 M5.2%24.24%
2018-Q4$2,734 M-13.86%$53 M1.9%-67.68%
2019-Q1$2,755 M0.77%$103 M3.7%94.34%

Crown ownership

When you are planning to buy shares of a company, it's always worth to check its ownership structure.

Crown shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.91% of all shares.

Bearish positions for CCK stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Crown:

CCKATRBLLBUDOI
Market cap$7.9 B$7.2 B$20.8 B$163.6 B$2.7 B
Total shares135.3 M63.2 M334.7 M1,980.0 M155.2 M
Float shares127.8 M62.7 M331.0 M931.3 M154.1 M
  - Institutional holdings (%)110.1%93.1%89.0%4.6%95.6%
  - Insider holdings (%)1.9%0.7%0.8%0.0%0.7%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Crown summary

Monday, May 20th, 2019
Open$59.92
Close$58.74
Day range$58.74 - $60.02
Previous close$60.45
Session gain-2.83%
Average true range$1.39
50d mov avg$56.96
100d mov avg$53.39
200d mov avg$49.51
Daily patternlt06a
Weekly pattern lt06a

Crown performance

To better understand Crown performance you must becnhmark its gains with other related stocks in same sector or industry. For Crown, the comparison is made against Aptar, Ball, Anheuser-Busch Inbev, Owens-Illinois and Silgan.
Stock3m6m12m
CCKCrown7.82%23.22%28.93%
ATRAptar11.98%7.78%23.26%
BLLBall12.42%27.38%63.06%
BUDAnheuser-Busch In...7.74%7.42%-10.17%
OIOwens-Illinois-12.76%-4.19%-6.57%
SLGNSilgan5.86%18.65%10.04%

Crown competitors

We picked a few stocks to conform a list of Crown competitors to check if you are interested in investing in CCK:

Latest Crown stock news