$1.41 EPS Expected for Crown Holdings, Inc. (CCK)

September 17, 2017 - By Marguerite Chambers

 $1.41 EPS Expected for Crown Holdings, Inc. (CCK)
Investors sentiment decreased to 0.9 in Q4 2016. Its down 0.15, from 1.05 in 2016Q3. It dived, as 42 investors sold Crown Holdings, Inc. shares while 120 reduced holdings. 38 funds opened positions while 108 raised stakes. 124.33 million shares or 0.10% more from 124.20 million shares in 2016Q3 were reported.
Mutual Of America Cap Mngmt Limited Com holds 44,322 shares or 0.04% of its portfolio. Invesco Limited holds 0% or 48,051 shares in its portfolio. Seabridge Investment Advsr Ltd Liability has invested 0.28% in Crown Holdings, Inc. (NYSE:CCK). Apg Asset Mngmt Nv invested 0.12% of its portfolio in Crown Holdings, Inc. (NYSE:CCK). Gam Holdg Ag, a Switzerland-based fund reported 6,239 shares. Primecap Mgmt Ca has invested 0.01% in Crown Holdings, Inc. (NYSE:CCK). Gulf Intl State Bank (Uk) Ltd reported 0.03% stake. Daiwa Securities Group reported 0% stake. 7,421 are owned by Brinker Capital. Jpmorgan Chase And holds 0.09% or 7.38M shares in its portfolio. Asset Mngmt stated it has 0.01% of its portfolio in Crown Holdings, Inc. (NYSE:CCK). Ls Inv Limited Liability Corp has invested 0.01% in Crown Holdings, Inc. (NYSE:CCK). Miller Limited Partnership reported 16,229 shares stake. Moreover, Bancshares Of America Corp De has 0.02% invested in Crown Holdings, Inc. (NYSE:CCK). Rdl has 0.93% invested in Crown Holdings, Inc. (NYSE:CCK).

Since May 19, 2017, it had 0 insider buys, and 1 insider sale for $56,048 activity.

Investors wait Crown Holdings, Inc. (NYSE:CCK) to report on October, 18. its quarterly earnings Wall Street analysts expect $1.41 earnings per share, up $0.08 or 6.02 % from last year’s $1.33 same quarter earnings. This translates into $190.44M profit for CCK giving the stock a 10.73 P/E. This is assuming the current $1.41 EPS is accurate. Crown Holdings, Inc.’s Wall Street analysts see 25.89 % EPS growth, taking into account the $1.12 EPS reproted in the previous quarter, The stock increased 0.57% or $0.34 on September 15, reaching $60.49. About 1.00M shares traded or 75.50% up from the average. Crown Holdings, Inc. (NYSE:CCK) has risen 7.50% since September 17, 2016 and is uptrending. It has underperformed by 9.20% the S&P500.

Crown Holdings, Inc. (NYSE:CCK) Ratings Coverage

Among 13 analysts covering Crown Holdings (NYSE:CCK), 7 have Buy rating, 0 Sell and 6 Hold. Therefore 54% are positive. Crown Holdings had 34 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Thursday, May 12 by Goldman Sachs. The rating was maintained by RBC Capital Markets with “Buy” on Friday, July 21. The stock has “Outperform” rating by RBC Capital Markets on Friday, September 30. Macquarie Research maintained Crown Holdings, Inc. (NYSE:CCK) on Friday, February 5 with “Outperform” rating. Credit Suisse maintained it with “Neutral” rating and $58 target in Tuesday, April 19 report. As per Tuesday, August 22, the company rating was maintained by RBC Capital Markets. Jefferies maintained the shares of CCK in report on Thursday, July 13 with “Buy” rating. The firm earned “Buy” rating on Thursday, July 14 by Jefferies. The stock has “Buy” rating by RBC Capital Markets on Monday, July 10. Jefferies maintained it with “Buy” rating and $62 target in Thursday, April 13 report.

Crown Holdings, Inc. is engaged in the design, manufacture and sale of packaging products for consumer goods. The company has market cap of $8.17 billion. The Company’s business is organized within three divisions: Americas, Europe and Asia Pacific. It has a 17.32 P/E ratio. Within each division, the Company is organized along product lines.

More news for Crown Holdings, Inc. (NYSE:CCK) were recently published by: Nasdaq.com, which released: “Reasons to Hold on to Crown Holdings (CCK) Stock for Now” on September 15, 2017. Zacks.com‘s article titled: “Crown Holdings to Build New Beverage Can Plant in Spain” and published on September 11, 2017 is yet another important article.

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