Crown Holdings, Inc. [CCK] stock is trading at $78.04, up 0.89%. An important factor to consider is whether the stock is rising or falling in short-term value. The CCK shares have gain 7.67% over the last week, with a monthly amount drifted -0.18%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Crown Holdings, Inc. [NYSE: CCK] stock has seen the most recent analyst activity on April 16, 2024, when Robert W. Baird upgraded its rating to a Outperform and also boosted its price target to $90 from $85. Previously, Truist downgraded its rating to Hold on March 27, 2024, and dropped its price target to $88. On March 18, 2024, Morgan Stanley initiated with a Equal-Weight rating and assigned a price target of $87 on the stock. Wolfe Research started tracking the stock assigning a Outperform rating and suggested a price target of $102 on March 01, 2024. JP Morgan upgraded its rating to a Overweight but $85 remained the price target by the analyst firm on February 07, 2024. UBS started tracking with a Buy rating for this stock on January 16, 2024, and assigned it a price target of $112. In a note dated January 04, 2023, Robert W. Baird downgraded an Neutral rating on this stock but restated the target price of $80.
Crown Holdings, Inc. [CCK] stock has fluctuated between $69.61 and $96.35 over the past year. Currently, Wall Street analysts expect the stock to reach $100.75 within the next 12 months. Crown Holdings, Inc. [NYSE: CCK] shares were valued at $78.04 at the most recent close of the market. An investor can expect a potential return of 29.1% based on the average CCK price forecast.
Analyzing the CCK fundamentals
Crown Holdings, Inc. [NYSE:CCK] reported sales of 11.81B for the trailing twelve months, which represents a drop of -6.32%. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.18 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 77.10 points at the first support level, and at 76.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 78.83, and for the 2nd resistance point, it is at 79.62.
Ratios To Look Out For
For context, Crown Holdings, Inc.’s Current Ratio is 1.19. On the other hand, the Quick Ratio is 0.77, and the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 0.80, the price to book ratio is 3.82 and price to earnings (TTM) ratio is 22.51.
Transactions by insiders
Recent insider trading involved MILLER JAMES H, Director, that happened on Jun 04 ’24 when 9000.0 shares were sold. President & CEO, DONAHUE TIMOTHY J completed a deal on May 15 ’24 to sell 7500.0 shares. Meanwhile, President & CEO DONAHUE TIMOTHY J sold 22500.0 shares on Apr 30 ’24.
