Crown stock: buy or sell?
May 20th, 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?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:
|New all-time high||No|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|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
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%).
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%).
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 $62.60Nobody 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:
|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 ShareAfter posting its last earnings report on February, Crown jumped a superb 13.33%. Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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.
|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 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%.
|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 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:
|Market cap||$7.9 B||$7.2 B||$20.8 B||$163.6 B||$2.7 B|
|Total shares||135.3 M||63.2 M||334.7 M||1,980.0 M||155.2 M|
|Float shares||127.8 M||62.7 M||331.0 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, May 20th, 2019|
|Day range||$58.74 - $60.02|
|Average true range||$1.39|
|50d mov avg||$56.96|
|100d mov avg||$53.39|
|200d mov avg||$49.51|
Crown performanceTo 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.
Crown competitorsWe 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
- 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