Crown stock: buy or sell?

CCK stock price: $60.24 -0.50% At close on July 16th, 2019

Updated on:
July 16th, 2019

4

Crown depreciated -0.50% to $60.24 after marking all time highs on July/8. With Tuesday it's been 3 sliding days in a row, loosing $-1.36 (-2.23%).

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. That's why is so important to choose your own trading strategy that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Crown stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean CCK will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Crown stock a buy?

Financial institutions and banks publish stock ratings everyday. At Stocks2.com, we gathered 8 ratings published for CCK stock in the last month.

The general sentiment of these ratings is bullish for CCK stock, with 5 positive ratings.
Is CCK a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-11Citigroupn/aBuy
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

After topping to all time highs on Jul/8, Crown depreciated -0.50% today to $60.24.

After reaching all time highs on Jul 8th, Crown depreciated -0.50% to $60.24. From a daily perspective, CCK is in a short term uptrend after plotting its last bottom ($57.83, on Jun/26) higher than the previous bottom, and its last top ($63.39, on Jul/8) 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 $63.39 or down under $57.83. On July/8, CCK hit new all time highs, pushing higher previous ATH of $63.33 recorded on July/5. New ATHs are usual entry points for many trading setups as there aren't higher resistences. On June/27 CCK price bounced up over the SMA of 50 days demonstrating to be a significant support for this stock.

CCK stock chart (daily)

Weekly outlook

Crown slightly fell an ugly -0.87% this week. Late May CCK collapsed a spooky -8.30% in just one week. Early June CCK rocketed a super good 7.03% in just one 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 . Not so far away is the last all-time high Crown marked last week. Since early January when SMA20w and SMA40w crossed up, CCK price gained $17.17 per share (39.87%). Since price and SMA40w lines crossed up early January, CCK climbed $17.17 (39.87%).

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 surged a 2,530.60%, with an average of 64.90% per year. If you had invested $1,000 in Crown stock in 1980, it would worth $25,306.00 today.

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

Crown stock historical price chart

CCK stock reached all-time highs on Jul/8 with a price of $63.39.

Crown stock price target is $65.00

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' CCK stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we found 6 price forecasts for Crown stock:
CCK stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-7-11CitigroupRaises Target$70.00$77.0010%
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)$62.00$65.005.0%
The price target for Crown stock is $65.00, moving in a range between $77.00 and $54.00. In average, analysts' outlook on CCK price target is positive, improving the target by a 5.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report on February, Crown . As soon as we get its actual EPS from the earnings report, we will extend this review.
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 boosted an exceptional 28.20% to $11,151.00 million dollars from $8,698.00 marked in 2017. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) remained constant a 0.22% to 3.94%.

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 million in revenues 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 slightly fell a -3.23% compared to previous quarter when profit margin was 5.17%. When comparing turnover to same quarter last year, Crown sales marked an amazing growth and skyrocketed 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 stock, it's worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Crown, 1.91% of all outstanding shares are owned by its staff.

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

For a better context understanding, the following table shows ownership data compared to other related stocks:

CCKATRBLLBUDOI
Market cap$8.2 B$7.8 B$23.1 B$173.6 B$2.6 B
Total shares135.3 M63.2 M334.7 M1,960.0 M155.2 M
Float shares127.7 M62.7 M331.0 M931.3 M154.0 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

Tuesday, July 16th, 2019
Open$60.62
Close$60.24
Day range$59.80 - $60.76
Previous close$60.54
Session gain-0.50%
Average true range$1.25
50d mov avg$59.64
100d mov avg$57.73
200d mov avg$52.54
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. We compared Crown against Aptar, Ball, Anheuser-Busch Inbev, Owens-Illinois and Silgan in the following table:
Stock3m6m12m
CCKCrown6.75%24.80%38.80%
ATRAptar13.96%26.67%30.07%
BLLBall18.35%38.02%85.35%
BUDAnheuser-Busch In...-0.29%21.80%-13.24%
OIOwens-Illinois-10.49%-13.02%2.42%
SLGNSilgan1.10%16.68%15.26%

Crown competitors

One check before investing in any stock is to review a list of its competitors, in this case for Crown. We selected 5 companies as Crown competitors as they are in the same industry or have similar market objectives.

Latest Crown stock news