Crown stock: buy or sell?
August 19th, 2019
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?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to define your own trading strategy that matches with 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, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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 30 days. The general sentiment of these ratings is bullish for CCK stock, with 5 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-5-17||Wells Fargo & Co||n/a||Hold|
|2019-2-19||Royal Bank of Canada||Outperform||Outperform|
Crown stock analysis
Crown inched 1.19% to $67.14 after topping to all time highs on Tuesday.
After topping to all time highs on Tuesday, Crown inched 1.19% to $67.14. On Tuesday, CCK hit new all time highs, pushing higher previous ATH of $66.33 recorded on Aug 8th. New ATHs are usual entry points for many trading setups as there aren't higher resistences. On July 22nd CCK price bounced up over the SMA of 50 days demonstrating to be a significant support for this stock.
Crown grew a tiny 1.19% this week. Counting this, it's been 5 green weeks in a row, gaining $7.64 or 12.57%. Late July CCK rocketed a dazzling 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 price record Crown marked last week. Early January, SMA20w and SMA40w crossed up triggering a rise of 55.89%. Since early January when CCK stock price broke up the SMA40w line, it gained $24.07 (55.89%).
Crown stock price history
Crown IPO was on March 17th, 1980 at $2.29 per share1. Since then, CCK stock grew a 2,831.90%, with a yearly average of 72.60%. If you had invested $1,000 in Crown stock in 1980, it would worth $28,319.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Crown stock historical price chart
CCK stock reached all-time highs on Tuesday with a price of $68.84.
Crown stock price target is $65.00Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we found 6 price predictions for CCK stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-5-17||Wells Fargo & Co||Set Price Target||n/a||$70.00||-|
|2019-4-22||Deutsche Bank||Raises Target||$60.00||$65.00||8.3%|
|2019-2-8||Deutsche Bank||Set Price Target||n/a||$60.00||-|
|2019-2-19||Royal Bank of Canada||Raises Target||$58.00||$64.00||10.3%|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince last February, when Crown presented its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will extend this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw an astounding growth of 28.20% to $11,151.00 M USD. When comparing 2018 vs 2017, in contrast, profit margin (that is, the net income divided by revenues) stayed steady a 0.22% to 3.94%.
|2013||$8,670 M||-||$324 M3.7%||-|
|2014||$9,097 M||4.93%||$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 M||5.00%||$323 M3.7%||-34.88%|
|2018||$11,151 M||28.20%||$439 M3.9%||35.91%|
Quarterly financial resultsCrown posted $2,734.00 million in sales for 2018-Q4, a -13.86% decline compared to previous quarter. Reported quarter income marked $53.00 million 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 sales to same quarter last year, Crown sales marked a super good gain and rocketed a 26.11%.
|2017-Q2||$2,170 M||-||$128 M5.9%||-|
|2017-Q3||$2,470 M||13.82%||$177 M7.2%||38.28%|
|2017-Q4||$2,168 M||-12.23%||$-89 M-4.1%||-150.28%|
|2018-Q1||$2,197 M||1.34%||$90 M4.1%||-201.12%|
|2018-Q2||$3,046 M||38.64%||$132 M4.3%||46.67%|
|2018-Q3||$3,174 M||4.20%||$164 M5.2%||24.24%|
|2018-Q4||$2,734 M||-13.86%||$53 M1.9%||-67.68%|
|2019-Q1||$2,755 M||0.77%||$103 M3.7%||94.34%|
Crown ownershipWhen you are planning to buy shares of a company, it's 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 context understanding, the next table shows ownership data compared to other related companies:
|Market cap||$9.1 B||$7.6 B||$26.7 B||$186.8 B||$1.7 B|
|Total shares||135.3 M||63.2 M||334.7 M||1,960.0 M||155.2 M|
|Float shares||127.7 M||63.5 M||328.0 M||931.3 M||154.1 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Monday, August 19th, 2019|
|Day range||$66.73 - $67.75|
|Average true range||$1.98|
|50d mov avg||$62.12|
|100d mov avg||$60.01|
|200d mov avg||$54.68|
Crown performanceTo better understand Crown performance you must compare 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:
Crown competitorsOne check before investing in any stock is to have a look 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
- Seeking AlphaBlackrock: Crown Jewel + Hidden Gem = OpportunitySeptember 18, 2018
- CNN MoneyWhy the IPO of Saudi Arabia's crown jewel has stalledAugust 23, 2018
- Seeking AlphaCrown Holdings Is Simply Too Cheap To IgnoreAugust 13, 2018
- Seeking AlphaGoogle Will Be The Crown Jewel Of FANGAugust 2, 2018
- Seeking AlphaCrown Holdings' Q2 Results To Provide The First Glimpse Of The Company's New Earnings PotentialJuly 18, 2018