Crown Holdings, Inc. (CCK) Stock Forecast & Predictions

Crown Holdings, Inc. CCK: $107.17

, , , . | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web:

  • Market Cap$14.54B
  • Change (52 Weeks)81.29%
  • Low (52 Weeks)$55.74
  • Crown Holdings, Inc. (CCK) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 31.25% on Sell, and 43.75% Neutral.

    According to the market data, Crown Holdings, Inc. (CCK) stock price is $107.17 and the 52 weeks low is $55.74, which means the Crown Holdings, Inc. stock price is up 81.29% in the last 12 months.

    Crown Holdings, Inc. (CCK) Stock Price has been Trending Strongly with an ADX reading of 37.27 as per the Weekly Chart.

    A Upward trend indicates that Crown Holdings, Inc. (CCK) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that CCK Stock price might rise further, 31.25% indicating that CCK Stock price might fall, and 43.75% are in a neutral position.

    Based on these technical algorithms, overall CCK stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Crown Holdings, Inc. (CCK) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Crown Holdings, Inc. (CCK) is based on 18 Institutional Analyst Ratings where 61.11% are on Strong Buy, 27.78% on Moderate Buy, 11.11% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 18 Institutional Analysts, majority recommended CCK stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Crown Holdings, Inc..

    Crown Holdings, Inc. (CCK) Stock Price Prediction By Analysts


    HighLowAverage
    $141.75$109.08$125.63
    $125.6317.22% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for CCK set by the institutional analysts is $125.63 where High Estimate is $141.75, Median $125.97 and Low $109.08.

    The average price target for CCK by Institutional Analysts is $125.63, which is 17.22% Upside from the current price. So according to the Institutional Analysts, CCK Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Crown Holdings, Inc. (CCK) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 388,226 investor portfolio.

    Our algorithm has analysed 388,226 investor portfolio with CCK stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about CCK and holding their positions hoping for a further rise in the stock price and more profit.

    Crown Holdings, Inc. (CCK) Stock Forecast Based on News Sentiment


    Bullish
    Based on 9 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about CCK, it shows that Crown Holdings, Inc. had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that CCK stock price may surge in the next few weeks.

    Crown Holdings, Inc. (CCK) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Morgan StanleyOverweightMaintained
    Deutsche BankBuyMaintained
    JefferiesBuyMaintained
    Goldman SachsNeutralInitiated
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    Seaport GlobalBuyInitiated
    Wells FargoOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    Wells FargoOverweightMaintained
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    Wells FargoOverweightMaintained
    Deutsche BankBuyMaintained
    JP MorganOverweightMaintained
    Goldman SachsBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    BairdOutperformMaintained
    Wells FargoOutperformMaintained
    BMO CapitalOutperformMaintained
    RBC CapitalOutperformMaintained
    Wells FargoOutperformMaintained
    Deutsche BankBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    CitigroupBuyMaintained
    RBC CapitalOutperformMaintained
    Morgan StanleyEqual-WeightInitiated
    CitigroupBuyMaintained
    Credit SuisseOutperformUpgraded
    Bank of AmericaBuyUpgraded
    Wells FargoOutperformUpgraded
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    Bank of AmericaNeutralMaintained
    JP MorganOverweightMaintained
    CitigroupBuyMaintained
    UBSNeutralMaintained
    Bank of AmericaNeutralDowngraded
    Credit SuisseNeutralMaintained
    JP MorganOverweightMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    UBSNeutralInitiated
    Wells FargoMarket PerformMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Vertical ResearchHoldDowngraded
    Deutsche BankHoldMaintained
    CitigroupBuyMaintained
    RBC CapitalOutperformInitiated
    BMO CapitalOutperformUpgraded
    BarclaysOverweightMaintained
    JefferiesBuyMaintained
    Goldman SachsNeutralInitiated
    Vertical ResearchHoldDowngraded
    Credit SuisseNeutralMaintained
    Bank of AmericaBuyUpgraded
    MacquarieOutperformMaintained
    Wells FargoMarket PerformDowngraded
    MacquarieOutperformInitiated
    JefferiesBuyMaintained
    CitigroupBuyMaintained
    Bank of AmericaNeutralDowngraded
    Goldman SachsNeutralDowngraded
    Bank of AmericaBuyUpgraded
    JefferiesBuyMaintained
    BarclaysBuyMaintained
    BairdOutperformMaintained
    BarclaysOverweightMaintained
    JP MorganOverweightMaintained
    BMO CapitalMarket PerformDowngraded
    JefferiesBuyMaintained
    JefferiesBuyMaintained
    Bank of AmericaNeutralDowngraded
    Bank of AmericaBuyMaintained
    BarclaysOverweightMaintained
    Bank of AmericaBuyMaintained
    JP MorganOverweightMaintained
    BarclaysOverweightMaintained
    MacquarieOutperformUpgraded
    MacquarieNeutralMaintained
    BMO CapitalOutperformInitiated
    CitigroupBuyMaintained
    MacquarieNeutralMaintained
    BarclaysOverweightMaintained
    JP MorganOverweightMaintained
    JefferiesBuyMaintained
    JP MorganOverweightInitiated
    JefferiesBuyMaintained
    BarclaysOverweightMaintained
    JefferiesBuyMaintained
    BarclaysOverweightMaintained
    Wells FargoOutperformUpgraded
    Wells FargoOutperformUpgraded
    MacquarieNeutralDowngraded
    JP MorganOverweightUpgraded
    Wells FargoMarket PerformDowngraded
    CitigroupBuyMaintained
    Northcoast ResearchBuyInitiated
    Bank of AmericaBuyMaintained
    Goldman SachsBuyMaintained
    JefferiesBuyMaintained
    MacquarieOutperformInitiated
    JefferiesBuyMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    JP MorganNeutralDowngraded
    Deutsche BankHoldDowngraded
    JefferiesBuyMaintained
    JefferiesBuyMaintained
    BarclaysOverweightUpgraded
    KeyBancHoldInitiated

    Crown Holdings, Inc. (CCK) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.676
    The average consensus EPS for CCK is $1.676 with a high estimate of $1.931 and Low of $1.392 for the period 2021-06-30 and based on 15 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.96$1.59421432020-09-30


    The latest average Earning Per Share Estimate for Crown Holdings, Inc. is $1.68, which is lower than CCK's last EPS, $1.96. This means that Analysts are expecting Crown Holdings, Inc. to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Crown Holdings, Inc..

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $1.96$1.59421432020-09-30
    $1.33$1.30965692020-06-30
    $1.13$0.9256652020-03-31
    $1.04$0.9630352019-12-31
    $1.56$1.57202462019-09-30
    $1.46$1.48858852019-06-30
    $1.05$1.06086362019-03-31
    $1$1.01130292018-12-31
    $1.71$1.66658082018-09-30
    $1.55$1.59369922018-06-30
    $0.94$0.80258642018-03-31
    $0.79$0.79371862017-12-31
    $1.41$1.42588772017-09-30
    $1.12$1.11085862017-06-30
    $0.72$0.70016232017-03-31
    $0.71$0.71010072016-12-31
    $1.33$1.31812072016-09-30
    $1.19$1.11836290000000022016-06-30
    $0.69$0.63621920000000012016-03-31
    $0.7$0.69348622015-12-31
    $1.34$1.32425142015-09-30
    $1.03$1.0184842015-06-30
    $0.53$0.52149329999999992015-03-31
    $0.48$0.48119432014-12-31
    $1.36$1.22757422014-09-30
    $1.01$1.00029392014-06-30
    $0.57$0.51628170000000012014-03-31
    $0.48$0.498081499999999952013-12-31
    $1.13$1.09238572013-09-30
    $0.96$0.93944142013-06-30
    $0.5$0.49140542013-03-31
    $0.51$0.54961172012-12-31
    $1$1.00916172012-09-30
    $0.84$0.84451152012-06-30
    $0.46$0.4519752012-03-31
    $0.48$0.478742011-12-31
    $1.01$0.99358750000000012011-09-30
    $0.84$0.83324999999999992011-06-30
    $0.48$0.42438182011-03-31
    $0.42$0.381782010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).