Crown stock: buy or sell?

CCK stock price: $69.87 3.53% At close on October 18th, 2019

Updated on:
October 18th, 2019

5

After boosting an outstanding 5.87% on Thursday, Crown closed on October 18th at $69.87 and skyrocketed a phenomenal 3.53%. Counting Oct 18th, it's been 3 climbing days in a row, adding $7.01 or 10.95%.

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:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

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.
Is CCK a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-20Robert W. Bairdn/aOutperform
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 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.

CCK stock chart (daily)

Weekly outlook

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%).

CCK stock chart (weekly)

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 $66.40

How 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:
CCK stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-20Robert W. BairdReiterates$65.00$75.0015.4%
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)$62.60$66.406.0%
The price forecast for Crown stock is $66.40, moving in a range between $77.00 and $54.00. In average, analysts' outlook on CCK price forecast is positive, improving the prediction by a 6.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since February, when Crown presented its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
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

In 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%.

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 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%.
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 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:

CCKATRBLLBUDOI
Market cap$9.5 B$7.5 B$24.6 B$182.3 B$1.5 B
Total shares135.5 M64.0 M332.0 M1,960.0 M155.5 M
Float shares127.8 M63.5 M328.2 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

Friday, October 18th, 2019
Open$67.50
Close$69.87
Day range$67.50 - $70.75
Previous close$67.49
Session gain3.53%
Average true range$2.24
50d mov avg$64.80
100d mov avg$62.83
200d mov avg$58.66
Daily patternlt06a
Weekly pattern lb03c

Crown performance

Performance 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:
Stock3m6m12m
CCKCrown17.43%23.82%53.93%
ATRAptar-4.28%9.51%14.38%
BLLBall5.02%27.21%62.66%
BUDAnheuser-Busch In...-1.33%4.74%13.71%
OIOwens-Illinois-42.08%-47.63%-44.59%
SLGNSilgan2.90%3.79%20.09%

Crown competitors

We 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