Crown stock: buy or sell?
August 22nd, 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?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.
|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?
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.
|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 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.
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%).
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 $65.00Nobody 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:
|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 presenting its last earnings report on February, Crown . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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%.
|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 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%.
|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 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:
|Market cap||$9.0 B||$7.5 B||$26.7 B||$187.9 B||$1.6 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%|
|Thursday, August 22nd, 2019|
|Day range||$66.18 - $67.11|
|Average true range||$1.71|
|50d mov avg||$62.53|
|100d mov avg||$60.36|
|200d mov avg||$55.02|
Crown performancePerformance 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.
Crown competitorsOne 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
- 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