Crown Holdings Inc. (NYSE:CCK) has a beta of 1.17, a 12-month trailing P/E ratio of 20.70, and a growth ratio of 1.88. The stock’s Relative Strength Index (RSI) is 46.86, with weekly volatility at 1.82% and ATR at 2.05. The CCK stock’s 52-week price range has touched low of $61.00 and a $114.55 high. Its shares traded lower over the last trading session, losing -2.39% on 05/25/21. The shares fell to a low of $107.76 before closing at $108.08. Intraday shares traded counted 1.09 million, which was -7.72% lower than its 30-day average trading volume of 1.01M. CCK’s previous close was $110.73 while the outstanding shares total 133.60M.
Investors have identified the Packaging & Containers company Crown Holdings Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $14.68 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Crown Holdings Inc. (CCK) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For CCK, the company has in raw cash 588.0 million on their books with 162.0 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 4.6 billion total, with 3.76 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 7.47 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on CCK sounds very interesting.
Is the stock of CCK attractive?
In related news, President – Asia Pacific Div., GOH HOCK HUAT sold 5,136 shares of the company’s stock in a transaction that recorded on May 07. The sale was performed at an average price of 113.60, for a total value of 583,453. As the sale deal closes, the Director, CONWAY JOHN W now sold 334 shares of the company’s stock, valued at 36,659. Also, President – Asia Pacific Div., GOH HOCK HUAT sold 4,625 shares of the company’s stock in a deal that was recorded on Apr 28. The shares were price at an average price of 109.82 per share, with a total market value of 507,904. Following this completion of acquisition, the EVP & COO, Gifford Gerard H now holds 11,000 shares of the company’s stock, valued at 1,062,059. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.80%.
12 out of 16 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Crown Holdings Inc.. 1 analysts has assigned a Sell rating on the CCK stock. The 12-month mean consensus price target for the company’s shares has been set at $127.75.