Crown (NYSE:CCK – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 8.350-8.450 for the period, compared to the consensus estimate of 8.400. Crown also updated its Q4 2026 guidance to 1.630-1.730 EPS.
Crown Stock Up 1.6%
Shares of CCK stock traded up $1.85 during trading on Wednesday, hitting $116.02. 928,664 shares of the company were exchanged, compared to its average volume of 1,088,402. The firm has a market capitalization of $12.62 billion, a price-to-earnings ratio of 16.16, a P/E/G ratio of 1.54 and a beta of 0.56. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.65 and a current ratio of 1.05. The business’s 50-day simple moving average is $112.83 and its 200 day simple moving average is $108.36. Crown has a twelve month low of $91.31 and a twelve month high of $122.91.
Crown (NYSE:CCK – Get Free Report) last announced its quarterly earnings data on Monday, October 19th. The industrial products company reported $2.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.26 by $0.13. Crown had a return on equity of 27.49% and a net margin of 5.78%. The business had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.45 billion. During the same period last year, the company earned $2.24 earnings per share. Crown’s quarterly revenue was up 15.9% compared to the same quarter last year. As a group, analysts forecast that Crown will post 8.39 EPS for the current fiscal year.
Crown Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, August 6th. Crown’s dividend payout ratio is 20.14%.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on CCK shares. Citigroup upped their target price on Crown from $137.00 to $139.00 and gave the stock a “buy” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Crown in a report on Wednesday, July 22nd. JPMorgan Chase & Co. raised Crown from a “neutral” rating to an “overweight” rating and set a $121.00 price objective for the company in a research report on Friday, September 18th. Weiss Ratings upgraded shares of Crown from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 5th. Finally, Wells Fargo & Company reiterated a “cautious” rating on shares of Crown in a research note on Monday. Twelve investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $128.47.
View Our Latest Stock Report on Crown
More Crown News
Here are the key news stories impacting Crown this week:
- Positive Sentiment: Q3 results beat expectations: Crown reported adjusted earnings of $2.39 per share versus the $2.25-$2.26 analyst consensus, while revenue rose 15.9% year over year to $3.71 billion, well above estimates of approximately $3.45 billion. Crown Holdings Beats Q3 Earnings and Revenue Estimates
- Positive Sentiment: Improving operating trends and shareholder returns: Global beverage-can shipments increased more than 6% during the quarter, and Crown had repurchased approximately $598 million of stock year to date. Third-quarter adjusted free cash flow-equivalent AFFO increased 8% to $530 million, or $1.24 per share. Crown Holdings Three Key Takeaways
- Neutral Sentiment: Full-year outlook is broadly in line: Crown guided to 2026 EPS of $8.35-$8.45, compared with consensus of $8.40. The guidance implies continued earnings growth but leaves limited room for a positive estimate revision.
- Negative Sentiment: Fourth-quarter guidance missed expectations: Management forecast Q4 EPS of $1.63-$1.73, below the $1.79 consensus midpoint. The weaker near-term outlook may prompt analysts to trim estimates despite the quarterly beat.
- Negative Sentiment: Valuation and analyst caution remain headwinds: Wells Fargo issued a pessimistic forecast, while UBS maintained a neutral rating even after raising its price target to $118 from $116. Investors may therefore view the recent rally as partly reflected in the stock price. UBS Adjusts Crown Holdings Price Target
Crown Company Profile
Crown Holdings, Inc (NYSE: CCK) is a global packaging company that designs, manufactures and sells metal packaging products. Its portfolio includes beverage cans, food cans, aerosol cans, closures and other specialty packaging used by consumer goods, food and beverage, household, personal care and industrial customers.
The company serves customers across North America, Europe, Asia Pacific and other international markets. Crown’s products are used for beer, soft drinks, energy drinks, canned foods, household products, personal care items and industrial materials.
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