Crown (NYSE:CCK – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 8.350-8.450 for the period, compared to the consensus earnings per share estimate of 8.400. Crown also updated its Q4 2026 guidance to 1.630-1.730 EPS.
Crown Stock Performance
Shares of CCK traded up $1.85 during trading hours on Wednesday, hitting $116.02. The company’s stock had a trading volume of 928,660 shares, compared to its average volume of 1,088,323. The company has a market cap of $12.62 billion, a price-to-earnings ratio of 16.16, a PEG ratio of 1.54 and a beta of 0.56. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.05 and a quick ratio of 0.65. The business has a 50 day simple moving average of $112.83 and a two-hundred day simple moving average of $108.36. Crown has a 52-week low of $91.31 and a 52-week high of $122.91.
Crown (NYSE:CCK – Get Free Report) last posted its quarterly earnings results on Monday, October 19th. The industrial products company reported $2.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.26 by $0.13. The company had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.45 billion. Crown had a net margin of 5.78% and a return on equity of 27.49%. The company’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.24 earnings per share. On average, equities analysts expect that Crown will post 8.39 earnings per share for the current fiscal year.
Crown Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Thursday, August 6th. This represents a $1.40 dividend on an annualized basis and a yield of 1.2%. Crown’s payout ratio is presently 20.14%.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on CCK shares. Weiss Ratings raised Crown from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Crown in a report on Wednesday, July 22nd. Bank of America raised their target price on Crown from $129.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Mizuho lifted their target price on Crown from $130.00 to $135.00 and gave the company an “outperform” rating in a report on Tuesday, July 21st. Finally, BMO Capital Markets upped their price target on Crown from $130.00 to $135.00 and gave the company an “outperform” rating in a research report on Wednesday, July 22nd. Twelve research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Crown presently has an average rating of “Moderate Buy” and an average price target of $128.47.
Key Crown News
Here are the key news stories impacting Crown this week:
- Positive Sentiment: Q3 results beat expectations: Crown reported adjusted earnings of $2.39 per share versus the $2.25-$2.26 analyst consensus, while revenue rose 15.9% year over year to $3.71 billion, well above estimates of approximately $3.45 billion. Crown Holdings Beats Q3 Earnings and Revenue Estimates
- Positive Sentiment: Improving operating trends and shareholder returns: Global beverage-can shipments increased more than 6% during the quarter, and Crown had repurchased approximately $598 million of stock year to date. Third-quarter adjusted free cash flow-equivalent AFFO increased 8% to $530 million, or $1.24 per share. Crown Holdings Three Key Takeaways
- Neutral Sentiment: Full-year outlook is broadly in line: Crown guided to 2026 EPS of $8.35-$8.45, compared with consensus of $8.40. The guidance implies continued earnings growth but leaves limited room for a positive estimate revision.
- Negative Sentiment: Fourth-quarter guidance missed expectations: Management forecast Q4 EPS of $1.63-$1.73, below the $1.79 consensus midpoint. The weaker near-term outlook may prompt analysts to trim estimates despite the quarterly beat.
- Negative Sentiment: Valuation and analyst caution remain headwinds: Wells Fargo issued a pessimistic forecast, while UBS maintained a neutral rating even after raising its price target to $118 from $116. Investors may therefore view the recent rally as partly reflected in the stock price. UBS Adjusts Crown Holdings Price Target
Crown Company Profile
Crown Holdings, Inc (NYSE: CCK) is a global packaging company that designs, manufactures and sells metal packaging products. Its portfolio includes beverage cans, food cans, aerosol cans, closures and other specialty packaging used by consumer goods, food and beverage, household, personal care and industrial customers.
The company serves customers across North America, Europe, Asia Pacific and other international markets. Crown’s products are used for beer, soft drinks, energy drinks, canned foods, household products, personal care items and industrial materials.
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