Crown (CCK) Receiving Somewhat Positive Media Coverage, Study Shows
Headlines about Crown (NYSE:CCK) have been trending somewhat positive on Friday, Accern reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Crown earned a coverage optimism score of 0.05 on Accern’s scale. Accern also assigned news articles about the industrial products company an impact score of 47.0480754052889 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern’s rankings:
- ETFs with exposure to Crown Holdings, Inc. : December 5, 2017 (finance.yahoo.com)
- Swiss National Bank decreases holdings in Crown Holdings, Inc. (customstoday.com.pk)
- Crown Holdings, Inc. breached its 50 day moving average in a Bullish Manner : CCK-US : December 5, 2017 (finance.yahoo.com)
- Crown (CCK) vs. Its Competitors Head to Head Analysis (americanbankingnews.com)
- Head to Head Survey: TriMas (TRS) vs. Crown (CCK) (americanbankingnews.com)
Crown (CCK) traded down $0.45 on Friday, hitting $58.80. The company had a trading volume of 920,300 shares, compared to its average volume of 776,513. The firm has a market cap of $7,967.75, a PE ratio of 14.98, a P/E/G ratio of 2.10 and a beta of 1.42. The company has a current ratio of 1.04, a quick ratio of 0.57 and a debt-to-equity ratio of 4.60. Crown has a 1-year low of $51.76 and a 1-year high of $61.61.
Crown (NYSE:CCK) last released its quarterly earnings results on Wednesday, October 18th. The industrial products company reported $1.41 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.41. The business had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.39 billion. Crown had a return on equity of 60.44% and a net margin of 5.64%. The company’s revenue was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.33 EPS. equities analysts expect that Crown will post 4.03 earnings per share for the current fiscal year.
Several equities analysts have issued reports on CCK shares. Zacks Investment Research upgraded Crown from a “hold” rating to a “buy” rating and set a $68.00 target price on the stock in a research report on Thursday, September 21st. BMO Capital Markets reiterated a “buy” rating and set a $65.00 target price on shares of Crown in a research report on Monday, September 4th. Jefferies Group set a $70.00 target price on Crown and gave the stock a “buy” rating in a research report on Monday, August 28th. KeyCorp reiterated a “hold” rating on shares of Crown in a research report on Thursday, October 19th. Finally, ValuEngine cut Crown from a “buy” rating to a “hold” rating in a research report on Thursday, November 30th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $64.27.
COPYRIGHT VIOLATION NOTICE: “Crown (CCK) Receiving Somewhat Positive Media Coverage, Study Shows” was first posted by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright law. The legal version of this piece of content can be viewed at https://www.watchlistnews.com/crown-cck-receiving-somewhat-positive-media-coverage-study-shows/1752670.html.
Crown Holdings, Inc is engaged in the design, manufacture and sale of packaging products for consumer goods. The Company’s business is organized within three divisions: Americas, Europe and Asia Pacific. Within each division, the Company is organized along product lines. The Company’s segments within the Americas Division are Americas Beverage and North America Food.
Receive News & Ratings for Crown Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crown Holdings Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.