Crown Holdings, Inc. (NYSE:CCK) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Crown Holdings, Inc. (NYSE:CCK) have been given a consensus rating of “Moderate Buy” by the fifteen analysts that are presently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $118.0769.

CCK has been the subject of several analyst reports. Wall Street Zen upgraded shares of Crown from a “hold” rating to a “buy” rating in a research note on Sunday, October 26th. Weiss Ratings reissued a “buy (b)” rating on shares of Crown in a research report on Monday. Truist Financial reaffirmed a “buy” rating and set a $126.00 target price (up from $118.00) on shares of Crown in a research report on Wednesday, October 22nd. Raymond James Financial reissued an “outperform” rating and issued a $115.00 price target (up previously from $110.00) on shares of Crown in a report on Wednesday, October 22nd. Finally, Mizuho raised their price objective on Crown from $116.00 to $120.00 and gave the company an “outperform” rating in a research note on Tuesday, October 21st.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CCK. Harbor Capital Advisors Inc. raised its stake in shares of Crown by 103.1% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 134 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in Crown by 105.0% in the third quarter. Smartleaf Asset Management LLC now owns 289 shares of the industrial products company’s stock valued at $28,000 after buying an additional 148 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Crown in the 3rd quarter valued at about $29,000. Geneos Wealth Management Inc. grew its position in shares of Crown by 45.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after buying an additional 111 shares during the last quarter. Finally, Quent Capital LLC acquired a new stake in Crown during the third quarter worth about $34,000. 90.93% of the stock is owned by institutional investors and hedge funds.

Crown Price Performance

CCK stock opened at $95.06 on Thursday. The firm has a market cap of $10.97 billion, a P/E ratio of 11.77, a price-to-earnings-growth ratio of 1.28 and a beta of 0.76. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.76 and a current ratio of 1.16. Crown has a 1 year low of $75.98 and a 1 year high of $109.48. The stock has a 50-day simple moving average of $96.18 and a 200-day simple moving average of $98.96.

Crown (NYSE:CCK) last released its quarterly earnings results on Monday, October 20th. The industrial products company reported $2.24 EPS for the quarter, topping the consensus estimate of $1.98 by $0.26. Crown had a return on equity of 26.86% and a net margin of 7.79%.The firm had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.13 billion. During the same period in the previous year, the company posted $1.99 EPS. Crown’s revenue for the quarter was up 4.2% on a year-over-year basis. Crown has set its Q4 2025 guidance at 1.650-1.75 EPS and its FY 2025 guidance at 7.700-7.80 EPS. On average, equities analysts predict that Crown will post 6.96 earnings per share for the current fiscal year.

Crown Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Thursday, November 6th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Thursday, November 6th. Crown’s payout ratio is 12.87%.

About Crown

Crown Holdings, Inc, together with its subsidiaries, engages in the packaging business in the United States and internationally. It operates through Americas Beverage, European Beverage, Asia Pacific, and Transit Packaging segments. The company manufactures and sells recyclable aluminum beverage cans and ends, glass bottles, steel crowns, aluminum caps, non-beverage cans, and aerosol cans and closures.