Crown Holdings, Inc (NYSE: CCK) has a price-to-earnings ratio of 98.55x that is above its average ratio. Additionally, the 36-month beta value for CCK is 0.86. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 3 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
The public float for CCK is 118.68M and currently, short sellers hold a 3.77% ratio of that float. The average trading volume of CCK on January 10, 2025 was 1.25M shares.
CCK) stock’s latest price update
The stock price of Crown Holdings, Inc (NYSE: CCK) has dropped by -0.40 compared to previous close of 80.34. Despite this, the company has seen a fall of -3.23% in its stock price over the last five trading days. businesswire.com reported 2025-01-09 that LAS VEGAS–(BUSINESS WIRE)–Wynn Resorts today announced that it will acquire Crown London (Aspinalls), a small, members-only casino in the heart of London’s upscale Mayfair district. The acquisition is subject to the receipt of customary regulatory approvals, which are anticipated in the second half of 2025. Wynn Resorts CEO Craig Billings said, “This acquisition of an iconic asset offers us a presence in a global gateway city and will create a conduit for Wynn guests to visit our resorts, par.
CCK’s Market Performance
Crown Holdings, Inc (CCK) has seen a -3.23% fall in stock performance for the week, with a -9.46% decline in the past month and a -13.26% plunge in the past quarter. The volatility ratio for the week is 2.11%, and the volatility levels for the past 30 days are at 1.78% for CCK.. The simple moving average for the past 20 days is -4.28% for CCK’s stock, with a -6.59% simple moving average for the past 200 days.
Analysts’ Opinion of CCK
Many brokerage firms have already submitted their reports for CCK stocks, with Robert W. Baird repeating the rating for CCK by listing it as a “Outperform.” The predicted price for CCK in the upcoming period, according to Robert W. Baird is $90 based on the research report published on April 16, 2024 of the previous year 2024.
Truist, on the other hand, stated in their research note that they expect to see CCK reach a price target of $88, previously predicting the price at $100. The rating they have provided for CCK stocks is “Hold” according to the report published on March 27th, 2024.
Morgan Stanley gave a rating of “Equal-Weight” to CCK, setting the target price at $87 in the report published on March 18th of the previous year.
CCK Trading at -9.85% from the 50-Day Moving Average
After a stumble in the market that brought CCK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.73% of loss for the given period.
Volatility was left at 1.78%, however, over the last 30 days, the volatility rate increased by 2.11%, as shares sank -9.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.60% lower at present.
During the last 5 trading sessions, CCK fell by -3.23%, which changed the moving average for the period of 200-days by +3.19% in comparison to the 20-day moving average, which settled at $83.60. In addition, Crown Holdings, Inc saw -3.23% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CCK starting from DONAHUE TIMOTHY J, who sale 7,500 shares at the price of $96.73 back on Nov 06 ’24. After this action, DONAHUE TIMOTHY J now owns 563,678 shares of Crown Holdings, Inc, valued at $725,475 using the latest closing price.
DONAHUE TIMOTHY J, the Officer of Crown Holdings, Inc, proposed sale 7,500 shares at $96.73 during a trade that took place back on Nov 06 ’24, which means that DONAHUE TIMOTHY J is holding shares at $725,475 based on the most recent closing price.
Stock Fundamentals for CCK
Current profitability levels for the company are sitting at:
- 0.12 for the present operating margin
- 0.17 for the gross margin
The net margin for Crown Holdings, Inc stands at 0.01. The total capital return value is set at 0.14. Equity return is now at value 4.02, with 0.67 for asset returns.
Based on Crown Holdings, Inc (CCK), the company’s capital structure generated 0.75 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at 2.97. The interest coverage ratio of the stock is 3.21.
Currently, EBITDA for the company is 1.73 billion with net debt to EBITDA at 4.59. When we switch over and look at the enterprise to sales, we see a ratio of 1.32. The receivables turnover for the company is 7.47for trailing twelve months and the total asset turnover is 0.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.21.
Conclusion
In conclusion, Crown Holdings, Inc (CCK) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
