There’s No Getting Around Crown Holdings, Inc. (NYSE: CCK) Success

After Hours

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. Yahoo Finance discussed the stock recently as it posted Crown Highlights Several Facilities for Exceptional Sustainability Efforts.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

CCK belongs to the Consumer Cyclical sector of the NYSE while operating in the Packaging & Containers industry. At the end of the last regular session, the stock closed at $89.56 and fluctuated between $90.58 as its day high and $89.25 as its day low. The current market capitalization of Crown Holdings, Inc. is $10.81B. A total of 0.82 million shares were traded on the day, compared to an average of 1.21M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, CCK has seen 12 BUY and 1 SELL insider trades, representing the acquisition of 5,988 and the disposition of 13,535 shares. Over the last 12 months, there were 57 BUYs and 13 SELLs from insiders. Insiders purchased 72,330 shares during that period but sold 77,550.

In the most recent transaction, DONAHUE TIMOTHY J sold 7,500 shares of CCK for 90.96 per share on Jan 08. After the transaction, the President & CEO now owns 651,264 company shares. In a previous transaction on Dec 08, DONAHUE TIMOTHY J sold 7,500 shares at 88.49 per share. CCK shares that President & CEO owns now total 579,743.

Among the insiders who sold shares, Gifford Gerard H disposed of 13,535 shares on Nov 01 at a per-share price of $80.48. This resulted in the EVP & COO holding 109,864 shares of CCK after the transaction. In another insider transaction, Gifford Gerard H sold 9,784 shares at $92.24 per share on Sep 05. Company shares held by the EVP & COO now total 123,399.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Crown Holdings, Inc. pays an annual dividend of $0.81, resulting in a dividend yield of 0.90%, and it has a price to earnings (P/E) ratio of 21.13. CCK’s most recent ex-dividend date was 11/7/2023 when it declared a $0.24 quarterly dividend that was paid in cash on 11/22/2023. Previously, the company paid the dividend on 8/24/2023 with an ex-dividend date of 8/9/2023. The CCK stock dividend was $0.24 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for CCK in the last 3 months, the mean price target is $104.71 with high estimates of $118.00 and low estimates of $86.00. In terms of 52-week highs and lows, CCK has a high of $96.35 and a low of $75.61.

As of this writing, CCK has an earnings estimate of $1.43 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $1.49 per share and a lower estimate of $1.39. The company reported an EPS of $1.68 in the last quarter, which was 2.40% higher than expectations of $1.64.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 $6.46B in debt and $4.13B in liabilities at the time. Its Book Value Per Share was $19.40, while its Total Shareholder’s Equity was $2.33B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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 4.25.

Most Popular

Related Posts