Crown stock: buy or sell?

CCK stock price: $57.24 -1.41% At close on March 27th, 2020

Updated on:
March 27th, 2020

2

After boosting an amazing 6.89% on Mar 26th, Crown closed yesterday at $57.24 and slightly fell a tragic -1.41%. On Monday CCK plunged a spooky -7.48%.

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. Having a trading plan helps to make decisions easier, quicker and with less hesitations. 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.

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 slide 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 post stock ratings everyday. Unfortunately, we couldn't find any rating for CCK stock for the last 30 days.

Crown stock analysis

Daily outlook

After boosting an amazing 6.89% on Mar/26, Crown closed yesterday at $57.24 and slightly fell a tragic -1.41%.

After boosting an amazing 6.89% on March 26th, Crown closed yesterday at $57.24 and slightly fell a tragic -1.41%. Since price and SMA200d lines crossed down on March/9, CCK fell $-15.87 per share (-21.71%). CCK marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $76.84 would break this short term down trend and open possibilities for reversing this situation. On February/14, CCK hit a new all time high, pushing higher than on February 13th tops. Check different trading setups that use ATHs as triggers.

CCK stock chart (daily)

Weekly outlook

After sliding a bloodcurdling -27.45% in a week last week, Crown closed this week at $57.24 and climbed an exceptional 21.89%.

Once Crown shares failed to resist above the support, it inevitably dropped down. Not so far away is the last price record Crown marked by mid February, but since then it dropped a 28.96%. Since early March, when CCK stock price broke down the 40-weeks moving avarage line, it slid $-15.87 per share (-21.71%). Stocks under the 200 days moving average line are usually not recommended for average traders.

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 right after CCK's IPO a $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 Feb/14 with a price of $80.57.

Crown stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. 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 have not found any price target for Crown stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report , Crown . As soon as we get its actual EPS from the earnings report, we will update 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

In 2018, Crown annual sales skyrocketed an extraordinary 28.20% to $11,151.00 million USD from $8,698.00 marked in 2017. On the other hand, its profit margin (compared to sales) stayed stable to 3.94%, that is $439.00 million.

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% less compared to previous quarter. Reported quarter earnings marked $53.00 M 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 outstanding 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 a company, 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, 1.87% 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 next table shows ownership data compared to other related companies:

CCK
Market cap$7.8 B
Total shares135.7 M
Float shares128.1 M
  - Institutional holdings (%)93.2%
  - Insider holdings (%)1.9%
Shares in short selling0.0%

Crown summary

Friday, March 27th, 2020
Open$56.11
Close$57.24
Day range$55.57 - $58.27
Previous close$58.06
Session gain-1.41%
Average true range$6.02
50d mov avg$69.66
100d mov avg$71.57
200d mov avg$67.86
Daily patternlb06a
Weekly pattern lt06c

Crown performance

To better understand Crown performance you must becnhmark its gains with other related stocks in same sector or industry. For Crown, the benchmark is made against .
Stock3m6m12m
CCKCrown-21.80%-13.29%4.89%

Crown competitors

Unfortunately, we could not find any public company that could be defined as Crown competitor. This doesn't mean Crown does not have any competitor in the market, it's just we could not detected it.

    Latest Crown stock news