Crown Holdings, Inc. (NYSE:CCK) currently has a daily average trading volume of 1.18M but it saw 1059194 shares traded in last market. With a market cap of 11.57B USD, the company’s current market price of $95.93 came falling about -0.25 while comparing to the previous closing price of $96.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $98.46 and as low as $69.61. In the recent trading on the day, stock has struck highest price mark of $95.36 while lowest mark touched by it was $96.83.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Robert W. Baird which upgraded the stock as “Outperform” in its note to investors issued on April 16, 2024, recommending a price target of between $85 and $90 for it. Truist downgraded its recommendation for the stock as a “Hold” from “Buy” on March 27, 2024 while assigning a price target range of $100-$88. Morgan Stanley issued its recommendations for the stock as it initiated the price target for the stock is $87.
Over the week, CCK’s stock price is moving 2.01% up while it is 0.22% when we observe its performance for the past one month. Year-to-date it is 4.17% up and over the past year, the stock is showing an upside performance of 24.55%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 1.24 beaten by the consensus estimate of 1.43 for the same. The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 1.52 while estimate for next year EPS is 6.31. In next quarter, company is expected to be making quarterly sales of $2.89B as analysts are expecting the sales for current fiscal year at $11.79B and seeing the company making $12.15B in sales next year. Moreover, analysts are in estimates of $2.9B for current-quarter revenue.
Currently, Crown Holdings, Inc.’s total number of outstanding shares is 120.64M. Company’s return on investment (ROI) stands at 1.06% and return on equity (ROE) at 4.02%. It has a price to earnings ratio (P/E ratio) of 118.20 while having a 14.00 of forward P/E ratio. Stock’s beta reads 0.85. Stock has a price to book (P/B) ratio of 4.53 while price to sale or P/S ratio amounts to 0.98. Its return on asset (ROA) is 0.67% on average.
