Crown (NYSE:CCK) Stock Price Expected to Rise, Mizuho Analyst Says

Crown (NYSE:CCKGet Free Report) had its target price increased by investment analysts at Mizuho from $130.00 to $135.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has an “outperform” rating on the industrial products company’s stock. Mizuho’s price objective indicates a potential upside of 16.01% from the stock’s current price.

A number of other analysts also recently commented on CCK. Wall Street Zen upgraded shares of Crown from a “hold” rating to a “buy” rating in a report on Saturday, June 20th. BMO Capital Markets initiated coverage on shares of Crown in a research report on Thursday, July 16th. They issued an “outperform” rating and a $130.00 price target on the stock. Truist Financial decreased their price target on shares of Crown from $135.00 to $129.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Raymond James Financial upped their price target on Crown from $125.00 to $135.00 and gave the company an “outperform” rating in a report on Wednesday, July 15th. Finally, UBS Group cut their price objective on Crown from $120.00 to $112.00 and set a “neutral” rating for the company in a research report on Wednesday, April 29th. Eleven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $127.93.

Read Our Latest Analysis on Crown

Crown Price Performance

NYSE:CCK opened at $116.37 on Tuesday. The company has a quick ratio of 0.70, a current ratio of 1.05 and a debt-to-equity ratio of 1.63. The business’s 50-day moving average price is $103.86 and its 200 day moving average price is $105.00. Crown has a 52-week low of $89.21 and a 52-week high of $121.76. The firm has a market cap of $13.00 billion, a P/E ratio of 16.74, a PEG ratio of 1.88 and a beta of 0.60.

Crown (NYSE:CCKGet Free Report) last issued its quarterly earnings results on Monday, July 20th. The industrial products company reported $2.49 earnings per share for the quarter, beating analysts’ consensus estimates of $2.16 by $0.33. Crown had a net margin of 5.91% and a return on equity of 27.33%. The company had revenue of $3.67 billion during the quarter, compared to the consensus estimate of $3.37 billion. During the same period in the prior year, the company earned $2.15 EPS. Crown’s revenue was up 16.5% on a year-over-year basis. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. As a group, sell-side analysts predict that Crown will post 8.45 earnings per share for the current fiscal year.

Insider Buying and Selling at Crown

In other news, CEO Timothy J. Donahue sold 15,000 shares of Crown stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $105.00, for a total transaction of $1,575,000.00. Following the transaction, the chief executive officer owned 436,070 shares in the company, valued at approximately $45,787,350. The trade was a 3.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.90% of the company’s stock.

Institutional Investors Weigh In On Crown

A number of institutional investors have recently bought and sold shares of the business. Root Financial Partners LLC raised its holdings in Crown by 23.8% in the 4th quarter. Root Financial Partners LLC now owns 473 shares of the industrial products company’s stock valued at $49,000 after acquiring an additional 91 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of Crown by 12.5% during the 4th quarter. Parallel Advisors LLC now owns 934 shares of the industrial products company’s stock worth $96,000 after purchasing an additional 104 shares in the last quarter. ORG Partners LLC grew its holdings in shares of Crown by 52.5% during the 4th quarter. ORG Partners LLC now owns 305 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 105 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of Crown by 45.3% during the first quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 111 shares during the period. Finally, Siemens Fonds Invest GmbH raised its stake in shares of Crown by 7.7% in the third quarter. Siemens Fonds Invest GmbH now owns 1,626 shares of the industrial products company’s stock valued at $157,000 after purchasing an additional 116 shares in the last quarter. 90.93% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Crown

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About Crown

(Get Free Report)

Crown Holdings, Inc is a leading global supplier of rigid packaging products for consumer goods markets. The company designs, manufactures and sells metal packaging for beverage, food, household, personal care and specialty products. Its portfolio includes aluminum and steel beverage cans, steel food cans, aluminum aerosols, metal closures and ends, offering customers end-to-end solutions from design and prototyping to large-scale production.

Founded in 1919 as the Crown Cork & Seal Company, Crown has grown through strategic acquisitions and investments in advanced manufacturing technologies.

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Analyst Recommendations for Crown (NYSE:CCK)

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