Crown Holdings, Inc. (NYSE:CCK) – Equities researchers at KeyCorp issued their Q1 2018 earnings estimates for Crown in a report issued on Thursday. KeyCorp analyst A. Josephson forecasts that the industrial products company will earn $0.81 per share for the quarter. KeyCorp currently has a “Hold” rating on the stock. KeyCorp also issued estimates for Crown’s Q2 2018 earnings at $1.24 EPS, Q3 2018 earnings at $1.49 EPS, Q4 2018 earnings at $0.89 EPS, FY2018 earnings at $4.43 EPS and FY2019 earnings at $4.66 EPS.

Crown (NYSE:CCK) last posted its quarterly earnings data on Wednesday, February 7th. The industrial products company reported $0.79 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.79. Crown had a net margin of 3.71% and a return on equity of 56.47%. The company had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.02 billion. During the same period in the previous year, the firm posted $0.71 EPS. The firm’s revenue was up 12.7% compared to the same quarter last year.

A number of other research firms also recently issued reports on CCK. Barclays lifted their price objective on shares of Crown from $69.00 to $70.00 and gave the stock an “overweight” rating in a report on Friday, October 20th. Vertical Research raised shares of Crown from a “hold” rating to a “buy” rating in a research note on Wednesday, December 20th. Wells Fargo & Co boosted their price target on shares of Crown from $57.00 to $60.00 and gave the stock a “market perform” rating in a research note on Friday, October 20th. Zacks Investment Research downgraded shares of Crown from a “hold” rating to a “sell” rating in a research note on Monday, January 29th. Finally, UBS Group assumed coverage on shares of Crown in a research note on Wednesday, November 29th. They issued a “neutral” rating and a $65.00 price target for the company. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $64.27.

Shares of Crown (CCK) opened at $50.62 on Monday. Crown has a fifty-two week low of $50.42 and a fifty-two week high of $62.27. The company has a current ratio of 1.04, a quick ratio of 0.57 and a debt-to-equity ratio of 4.60. The stock has a market cap of $6,852.08, a price-to-earnings ratio of 12.63, a PEG ratio of 1.65 and a beta of 1.42.

A number of institutional investors have recently bought and sold shares of CCK. Toronto Dominion Bank lifted its stake in Crown by 12.1% in the second quarter. Toronto Dominion Bank now owns 1,715 shares of the industrial products company’s stock worth $102,000 after purchasing an additional 185 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its position in shares of Crown by 155.6% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,300 shares of the industrial products company’s stock valued at $129,000 after acquiring an additional 1,400 shares during the period. American International Group Inc. purchased a new position in shares of Crown in the fourth quarter valued at about $169,000. Ladenburg Thalmann Financial Services Inc. increased its position in shares of Crown by 40.6% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,988 shares of the industrial products company’s stock valued at $179,000 after acquiring an additional 863 shares during the period. Finally, First Republic Investment Management Inc. purchased a new position in shares of Crown in the third quarter valued at about $205,000. 88.91% of the stock is owned by institutional investors and hedge funds.

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Crown Company Profile

Crown Holdings, Inc is engaged in the design, manufacture and sale of packaging products for consumer goods. The Company’s business is organized within three divisions: Americas, Europe and Asia Pacific. Within each division, the Company is organized along product lines. The Company’s segments within the Americas Division are Americas Beverage and North America Food.

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