Crown Holdings, Inc. (NYSE:CCK) Receives $118.08 Consensus PT from Analysts

Crown Holdings, Inc. (NYSE:CCK) has been assigned a consensus recommendation of “Moderate Buy” from the fifteen research firms that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $118.0769.

Several research analysts recently weighed in on CCK shares. Wall Street Zen raised Crown from a “hold” rating to a “buy” rating in a research report on Sunday, October 26th. UBS Group restated a “buy” rating and set a $117.00 price target on shares of Crown in a research note on Tuesday, October 21st. Citigroup reduced their price objective on Crown from $135.00 to $124.00 and set a “buy” rating on the stock in a research note on Monday, September 29th. Wells Fargo & Company increased their target price on shares of Crown from $97.00 to $99.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 22nd. Finally, Royal Bank Of Canada lifted their price target on shares of Crown from $116.00 to $120.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd.

Crown Trading Up 1.9%

Shares of Crown stock opened at $97.81 on Thursday. The firm has a market cap of $11.28 billion, a PE ratio of 12.11, a P/E/G ratio of 1.33 and a beta of 0.76. The company has a quick ratio of 0.76, a current ratio of 1.16 and a debt-to-equity ratio of 1.65. Crown has a fifty-two week low of $75.98 and a fifty-two week high of $109.48. The business’s fifty day moving average is $96.19 and its two-hundred day moving average is $98.95.

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

Crown Dividend Announcement

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of CCK. Harbor Capital Advisors Inc. boosted its holdings in Crown by 103.1% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 264 shares of the industrial products company’s stock worth $25,000 after acquiring an additional 134 shares during the period. Smartleaf Asset Management LLC boosted its stake in shares of 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 purchasing an additional 148 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in Crown during the 3rd quarter valued at $29,000. Geneos Wealth Management Inc. increased its stake in Crown by 45.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 356 shares of the industrial products company’s stock worth $32,000 after buying an additional 111 shares during the period. Finally, Quent Capital LLC purchased a new stake in Crown during the 3rd quarter worth $34,000. Institutional investors and hedge funds own 90.93% of the company’s stock.

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.