19.1 C
New York
Saturday, June 3, 2023

Crown Holdings Inc. (CCK) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Crown Holdings Inc. (CCK) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.17, or 0.21%, to $83.00. The Crown Holdings Inc. has recorded 25,033 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that CROWN HOLDINGS, INC. ANNOUNCES PRICING OF SENIOR NOTES.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.

Sponsored

Stocks Info

Crown Holdings Inc. is listed on the NYSE in the Consumer Cyclical sector while operating in the Packaging & Containers industry. At the end of the last regular session, the stock closed at $82.83 and fluctuated between $83.15 as its day high and $81.91 as its day low. The current market capitalization of Crown Holdings Inc. is $10.12B. A total of 0.73 million shares were traded on the day, compared to an average of 892.95K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, CCK has seen 20 BUY and 3 SELL insider trades, representing the acquisition of 50,406 and the disposition of 34,012 shares. Over the last 12 months, there were 46 BUYs and 18 SELLs from insiders. Insiders purchased 239,985 shares during that period but sold 85,228.

In the most recent transaction, MILLER JAMES H sold 9,300 shares of CCK for 84.86 per share on May 05. After the transaction, the Director now owns 19,801 company shares. In a previous transaction on Sep 08, Kalaus Christy L. sold 500 shares at 93.90 per share. CCK shares that VP & Corp Controller owns now total 4,894.

Among the insiders who sold shares, NOVAES DJALMA JR disposed of 5,000 shares on May 31 at a per-share price of $105.38. This resulted in the President – Americas Division holding 80,328 shares of CCK after the transaction.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Crown Holdings Inc. pays an annual dividend of $0.96, resulting in a dividend yield of 1.16%, and it has a price to earnings (P/E) ratio of 16.32. CCK’s most recent ex-dividend date was 5/10/2023 when it declared a $0.24 quarterly dividend that was paid in cash on 5/25/2023. Previously, the company paid the dividend on 3/23/2023 with an ex-dividend date of 3/8/2023. The CCK stock dividend was $0.24 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for CCK in the last 3 months, the mean price target is $99.38 with high estimates of $112.00 and low estimates of $80.00. In terms of 52-week highs and lows, CCK has a high of $110.80 and a low of $66.00.

As of this writing, CCK has an earnings estimate of $1.65 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of $1.76 per share and a lower estimate of $1.55. The company reported an EPS of $1.17 in the last quarter, which was 11.40% higher than expectations of $1.05.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. CCK’s latest balance sheet shows that the firm has $531.00M in Cash & Short Term Investments as of fiscal 2021. There were $6.26B in debt and $4.16B in liabilities at the time. Its Book Value Per Share was $17.03, while its Total Shareholder’s Equity was $2.33B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CCK is Buy with a score of 4.14.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles