Crown stock: buy or sell?

CCK stock price: $66.68 -0.31% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

4

Crown shares remained steady -0.31% to $66.68 today. On August 14th CCK collapsed a chilling -5.12%.

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?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading plan that fits your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Crown stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Crown stock a buy?

Banks and financial institutions post stock ratings everyday. At Stocks2.com, we collected 8 ratings published for CCK stock in the last 30 days.

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

Crown closed today at $66.68 and remained constant a disappointing -0.31%.

Crown remained constant a disappointing -0.31% and closed at $66.68. On August 13th, CCK hit a new all time high, pushing higher than on Aug 8th tops. Check different trading setups that use ATHs as triggers. On Jul 22nd 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 shares inched 0.50% this week, ending at $66.68. For 5 weeks in a row, price soared and marked a profit of 11.82%. Late July CCK rocketed an exceptional 7.75% in just one week.

Crown stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last all-time high Crown marked last week. Since SMA20d and SMA40w crossed up early January, CCK price climbed $23.61 per share (54.82%). Since early January when CCK stock price broke up the SMA40w line, it gained $23.61 (54.82%).

CCK stock chart (weekly)

Crown stock price history

Crown IPO was on March 17th, 1980 at $2.29 per share1. Since then, CCK stock grew a 2,811.80%, with a yearly average of 72.10%. If you had invested $1,000 in Crown stock in 1980, it would worth $28,118.00 today.

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

Crown stock historical price chart

CCK stock reached all-time highs on August/13 with a price of $68.84.

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. 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. For the last 30 days we found 6 price predictions 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 forecast 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, upgrading the prediction 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 . 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 revenues boosted a super good 28.20% to $11,151.00 million dollars from $8,698.00 marked in 2017. When comparing 2018 vs 2017, by contrast, profit margin (that is, the net income divided by revenues) stayed 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 posted $2,734.00 million in revenues for 2018-Q4, a -13.86% decline compared to previous quarter. Reported quarter earnings marked $53.00 M with a profit margin of 1.94%. Profit margin declined 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 exceptional gain 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 invest in 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.

For a better understanding, the next table shows ownership data compared to other related companies:

CCKATRBLLBUDOI
Market cap$9.0 B$7.5 B$26.7 B$187.9 B$1.6 B
Total shares135.3 M63.2 M334.7 M1,960.0 M155.2 M
Float shares127.7 M63.5 M328.0 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

Thursday, August 22nd, 2019
Open$66.89
Close$66.68
Day range$66.18 - $67.11
Previous close$66.89
Session gain-0.31%
Average true range$1.71
50d mov avg$62.53
100d mov avg$60.36
200d mov avg$55.02
Daily pattern
Weekly pattern lt06a

Crown performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We chose Aptar, Ball, Anheuser-Busch Inbev, Owens-Illinois and Silgan as the bechmarking frame for Crown stock.
Stock3m6m12m
CCKCrown11.08%22.39%58.01%
ATRAptar5.98%17.65%16.46%
BLLBall30.28%44.91%95.70%
BUDAnheuser-Busch In...15.84%29.40%0.06%
OIOwens-Illinois-38.48%-48.58%-42.64%
SLGNSilgan0.84%4.82%11.43%

Crown competitors

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

Latest Crown stock news