$1.59 EPS Expected for Crown Holdings, Inc. (CCK)

June 20, 2018 - By Rene Maslow

Crown Holdings, Inc. (NYSE:CCK) LogoInvestors sentiment decreased to 0.9 in Q1 2018. Its down 0.26, from 1.16 in 2017Q4. It dropped, as 45 investors sold Crown Holdings, Inc. shares while 110 reduced holdings. 32 funds opened positions while 108 raised stakes. 118.40 million shares or 1.10% more from 117.11 million shares in 2017Q4 were reported.
Avenir invested in 481,390 shares. Eaton Vance Mngmt invested in 0% or 13,787 shares. New York-based Lazard Asset Management Ltd has invested 0.05% in Crown Holdings, Inc. (NYSE:CCK). Commerce Fincl Bank invested 0.02% in Crown Holdings, Inc. (NYSE:CCK). Boston Prtnrs accumulated 3.14 million shares. First Republic Mgmt owns 6,950 shares. Rathbone Brothers Public Ltd Company holds 0.01% of its portfolio in Crown Holdings, Inc. (NYSE:CCK) for 5,510 shares. Tci Wealth Advisors Incorporated invested 0% in Crown Holdings, Inc. (NYSE:CCK). 43,004 are owned by Gulf Int Bankshares (Uk) Ltd. Stratos Wealth Ptnrs Ltd stated it has 450 shares. Employees Retirement Systems Of Texas reported 0.08% stake. Bridgewater Associates Limited Partnership holds 0.01% or 27,609 shares in its portfolio. New York-based Jpmorgan Chase And Communications has invested 0.05% in Crown Holdings, Inc. (NYSE:CCK). Cipher Capital L P accumulated 33,777 shares. Highbridge Management Limited Co owns 133,645 shares.

Since May 31, 2018, it had 1 insider purchase, and 0 sales for $432,500 activity.

Analysts expect Crown Holdings, Inc. (NYSE:CCK) to report $1.59 EPS on July, 18.They anticipate $0.47 EPS change or 41.96 % from last quarter’s $1.12 EPS. CCK’s profit would be $213.56 million giving it 7.18 P/E if the $1.59 EPS is correct. After having $0.94 EPS previously, Crown Holdings, Inc.’s analysts see 69.15 % EPS growth. The stock increased 1.78% or $0.8 during the last trading session, reaching $45.64. About 3.11 million shares traded or 65.23% up from the average. Crown Holdings, Inc. (NYSE:CCK) has declined 20.25% since June 21, 2017 and is downtrending. It has underperformed by 32.82% the S&P500.

Crown Holdings, Inc. (NYSE:CCK) Ratings Coverage

Among 7 analysts covering Crown Holdings (NYSE:CCK), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Crown Holdings had 7 analyst reports since March 26, 2018 according to SRatingsIntel. Barclays Capital maintained the shares of CCK in report on Monday, March 26 with “Overweight” rating. On Monday, April 23 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of Crown Holdings, Inc. (NYSE:CCK) has “Hold” rating given on Friday, April 20 by KeyBanc Capital Markets. Credit Suisse maintained the shares of CCK in report on Wednesday, April 18 with “Neutral” rating. The firm earned “Buy” rating on Thursday, April 5 by Citigroup. JP Morgan maintained Crown Holdings, Inc. (NYSE:CCK) rating on Wednesday, April 11. JP Morgan has “Overweight” rating and $69 target.

Crown Holdings, Inc. designs, manufactures, and sells packaging products for consumer goods in the Americas, Europe, and the Asia Pacific. The company has market cap of $6.13 billion. The firm offers aluminum beverage cans and ends, and other packaging products to beverage and beer companies; food cans and ends, including two-and three-piece cans in various shapes and sizes for food marketers; glass bottles; and aerosol cans and ends for manufacturers of personal care, food, household, and industrial products. It has a 20.07 P/E ratio. It also provides metal and composite closures, and capping systems and services, as well as various specialty containers with various lid and closure variations.

Crown Holdings, Inc. (NYSE:CCK) Institutional Positions Chart

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