Crown Holdings, Inc. (CCK) Stock Short-term Performance Analysis

A share price of Crown Holdings, Inc. [CCK] is currently trading at $89.75, up 0.45%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CCK shares have gain 2.13% over the last week, with a monthly amount glided 5.55%, and 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. experienced fluctuations in its stock price throughout the past year between $69.61 and $94.49. Currently, Wall Street analysts expect the stock to reach $98 within the next 12 months. Crown Holdings, Inc. [NYSE: CCK] shares were valued at $89.75 at the most recent close of the market. An investor can expect a potential return of 9.19% based on the average CCK price forecast.

Analyzing the CCK fundamentals

Trailing Twelve Months sales for Crown Holdings, Inc. [NYSE:CCK] were 11.76B which represents -1.58% decline. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.07%, 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 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.97.

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 89.17 points at the first support level, and at 88.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 90.12, and for the 2nd resistance point, it is at 90.48.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Crown Holdings, Inc. [NYSE:CCK] is 1.05. Also, the Quick Ratio is 0.73, while the Cash Ratio stands at 0.32. Considering the valuation of this stock, the price to sales ratio is 0.92, the price to book ratio is 4.32 and price to earnings (TTM) ratio is 24.88.

Transactions by insiders

Recent insider trading involved DONAHUE TIMOTHY J, President & CEO, that happened on Aug 07 ’24 when 7500.0 shares were sold. Officer, DONAHUE TIMOTHY J completed a deal on Aug 07 ’24 to buy 7500.0 shares. Meanwhile, President & CEO DONAHUE TIMOTHY J sold 15000.0 shares on Jul 23 ’24.

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