Crown Holdings, Inc. (NYSE:CCK):
Crown Holdings Schedules Third Quarter 2016 Earnings Conference Call.
In the market the company is trading up by 3.93% since yesterday’s close of $53.9.
The stock last traded at $56.02 which is marginally higher than the 50 day moving average of $54.22 and which is a tad above the 200 day moving average of $52.43. The 50 day moving average went up by +3.33% whereas the 200 day average was up by +6.84%.
The company currently has a P/E ratio of 17.18 and the market cap of the company is 7.76B. In the latest earnings report the EPS was $3.26 and is estimated to be $3.93 for the current year with 138,500,000 shares now outstanding. Next quarter’s EPS is expected be $0.75 and the next full year EPS is anticipated to be $4.24.
Several investment firms have released ratings on the company recently. On September 27 the stock rating was upgraded to “Outperform” from “Market Perform” in an announcement from BMO Capital. July 25 investment analysts at Barclays made no change to the company rating of “Overweight” and raised the price target from $63.00 to $64.00.
On July 14 Jefferies held the stock rating at “Buy” and moved up the price target to $63.00 from $59.00. Goldman Sachs started coverage giving it an initial rating of “Neutral” and setting a price target of $60.00.
On April 25 the company was changed to a “Hold” in a report from Vertical Research a cut from the previous “” rating. On April 19 Credit Suisse left the stock rating at “Neutral” but raised the price expectation from $54.00 to $58.00.