Crown stock: buy or sell?
July 16th, 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. 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.
|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 month. 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
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.
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%).
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 $65.00Nobody 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. 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:
|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 . As soon as we get its actual EPS from the earnings report, we will extend this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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%.
|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 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%.
|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 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:
|Market cap||$8.2 B||$7.8 B||$23.1 B||$173.6 B||$2.6 B|
|Total shares||135.3 M||63.2 M||334.7 M||1,960.0 M||155.2 M|
|Float shares||127.7 M||62.7 M||331.0 M||931.3 M||154.0 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, July 16th, 2019|
|Day range||$59.80 - $60.76|
|Average true range||$1.25|
|50d mov avg||$59.64|
|100d mov avg||$57.73|
|200d mov avg||$52.54|
Crown performanceTo 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:
Crown competitorsOne 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
- 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