Crown stock: buy or sell?
October 18th, 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. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
These 2 buy setups match with Crown stock right now:
|New all-time high||Yes|
|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 collected 9 ratings published for CCK stock in the last month. The general sentiment of these ratings is bullish for CCK stock, with 6 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-9-20||Robert W. Baird||n/a||Outperform|
|2019-5-17||Wells Fargo & Co||n/a||Hold|
|2019-2-19||Royal Bank of Canada||Outperform||Outperform|
Crown stock analysis
Crown skyrocketed 3.53% to $69.87 after yesterday all time highs.
Crown skyrocketed 3.53% to $69.87 after yesterday all time highs. On Thursday, CCK hit a new all time high, pushing higher than on August tops. Check different trading setups that use ATHs as triggers. From a daily perspective, CCK is in a short term uptrend after plotting its last bottom ($62.49, on Wednesday) higher than the previous bottom, and its last top ($70.88, 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 $70.88 or down under $62.49. On October 9th CCK price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock.
Crown shares skyrocketed 8.92% this week and reached a new all time high at $70.88.
CCK shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom late September, CCK climbed unceasignly breaking out to new all time highs. Since early January when SMA20w and SMA40w crossed up, CCK price gained $26.80 per share (62.22%). Since early January when CCK stock price broke up the SMA40w line, it gained $26.80 (62.22%).
Crown stock price history
Crown IPO was on March 17th, 1980 at $0.00 per share1. Since then, CCK stock grew a inf%, with a yearly average of inf%. If you had invested $1,000 in Crown stock in 1980, it would worth $inf today.
1: Adjusted price after possible price splits or reverse-splits.
Crown stock historical price chart
CCK stock reached all-time highs on Thursday with a price of $70.88.
Crown stock price target is $66.40How much a stock will be priced tomorrow or next week is quite unpredictable 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. 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. We detected 7 price forecasts for Crown stock released in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-20||Robert W. Baird||Reiterates||$65.00||$75.00||15.4%|
|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 February, when Crown presented its last earnings report, it . 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 climbed an amazing 28.20% to $11,151.00 million dollars from $8,698.00 marked in 2017. When comparing 2018 vs 2017, instead, 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 income marked $53.00 million with a profit margin of 1.94%. Profit margin decreased 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 astounding increase 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 overview 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 following table shows ownership data compared to other related companies:
|Market cap||$9.5 B||$7.5 B||$24.6 B||$182.3 B||$1.5 B|
|Total shares||135.5 M||64.0 M||332.0 M||1,960.0 M||155.5 M|
|Float shares||127.8 M||63.5 M||328.2 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%|
|Friday, October 18th, 2019|
|Day range||$67.50 - $70.75|
|Average true range||$2.24|
|50d mov avg||$64.80|
|100d mov avg||$62.83|
|200d mov avg||$58.66|
Crown performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare Crown performance to Aptar, Ball, Anheuser-Busch Inbev, Owens-Illinois and Silgan:
Crown competitorsWe picked a few stocks to conform a list of Crown competitors to watch 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