Crown stock: buy or sell?

CCK stock price: $67.14 1.19% At close on August 19th, 2019

Updated on:
August 19th, 2019

4

Crown inched 1.19% today to $67.14 after marking all time highs on Tuesday. On Wednesday CCK plummed a scary -5.12%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean CCK will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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.
Is CCK a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-11Citigroupn/aBuy
2019-5-17Wells Fargo & Con/aHold
2019-4-22Deutsche BankBuyPositive
2019-2-8Deutsche Bankn/aBuy
2019-2-7KeyCorpn/aHold
2019-2-19Royal Bank of CanadaOutperformOutperform
2019-1-7CitigroupBuyBuy
2019-1-3Deutsche BankHoldBuy

Crown stock analysis

Daily outlook

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.

CCK stock chart (daily)

Weekly outlook

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%).

CCK stock chart (weekly)

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 $65.00

Nobody 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:
CCK stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-7-11CitigroupRaises Target$70.00$77.0010%
2019-5-17Wells Fargo & CoSet Price Targetn/a$70.00-
2019-4-22Deutsche BankRaises Target$60.00$65.008.3%
2019-2-8Deutsche BankSet Price Targetn/a$60.00-
2019-2-19Royal Bank of CanadaRaises Target$58.00$64.0010.3%
2019-1-7CitigroupLowers Target$60.00$54.00-10%
(in average)$62.00$65.005.0%
The price target for Crown stock is $65.00, moving in a range between $77.00 and $54.00. In average, analysts' outlook on CCK price target is positive, improving the forecast by a 5.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since 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.
CCK earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.08n/a
2017-Q32017-10-181.411.410.0%
2017-Q42018-02-070.790.790.0%
2018-Q12018-04-180.80.9417.5%
2018-Q22018-07-181.581.55-1.9%
2018-Q32018-10-171.651.713.6%
2018-Q42019-02-06110.0%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared 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%.

CCK annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$8,670 M-$324 M3.7%-
2014$9,097 M4.93%$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 M5.00%$323 M3.7%-34.88%
2018$11,151 M28.20%$439 M3.9%35.91%

Quarterly financial results

Crown 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%.
CCK quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$2,170 M-$128 M5.9%-
2017-Q3$2,470 M13.82%$177 M7.2%38.28%
2017-Q4$2,168 M-12.23%$-89 M-4.1%-150.28%
2018-Q1$2,197 M1.34%$90 M4.1%-201.12%
2018-Q2$3,046 M38.64%$132 M4.3%46.67%
2018-Q3$3,174 M4.20%$164 M5.2%24.24%
2018-Q4$2,734 M-13.86%$53 M1.9%-67.68%
2019-Q1$2,755 M0.77%$103 M3.7%94.34%

Crown ownership

When 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:

CCKATRBLLBUDOI
Market cap$9.1 B$7.6 B$26.7 B$186.8 B$1.7 B
Total shares135.3 M63.2 M334.7 M1,960.0 M155.2 M
Float shares127.7 M63.5 M328.0 M931.3 M154.1 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 selling0.0%0.0%0.0%0.0%0.0%

Crown summary

Monday, August 19th, 2019
Open$67.29
Close$67.14
Day range$66.73 - $67.75
Previous close$66.35
Session gain1.19%
Average true range$1.98
50d mov avg$62.12
100d mov avg$60.01
200d mov avg$54.68
Daily pattern
Weekly pattern lt06a

Crown performance

To 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:
Stock3m6m12m
CCKCrown11.84%23.24%59.10%
ATRAptar5.99%18.68%18.55%
BLLBall30.33%44.97%95.78%
BUDAnheuser-Busch In...15.31%24.24%-2.19%
OIOwens-Illinois-38.53%-46.37%-38.74%
SLGNSilgan0.90%7.25%12.72%

Crown competitors

One 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