$1.09 EPS Expected for Crown Holdings, Inc. (CCK)

June 19, 2017 - By Michael Collier

 $1.09 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 dropped, 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.
Bluemountain Cap Mgmt Ltd Co has invested 0.01% in Crown Holdings, Inc. (NYSE:CCK). Bridgeway Capital owns 0.04% invested in Crown Holdings, Inc. (NYSE:CCK) for 64,300 shares. Boston Prtnrs has invested 0.32% in Crown Holdings, Inc. (NYSE:CCK). Janus Ltd Limited Liability Company holds 0.15% of its portfolio in Crown Holdings, Inc. (NYSE:CCK) for 3.50 million shares. Moreover, Pictet Asset Limited has 0.01% invested in Crown Holdings, Inc. (NYSE:CCK). Cordasco Financial Net invested 0% of its portfolio in Crown Holdings, Inc. (NYSE:CCK). Cwm Ltd Liability Corp invested 0% of its portfolio in Crown Holdings, Inc. (NYSE:CCK). Kbc Gp Nv reported 46,433 shares stake. Canada Pension Plan Board has 0.04% invested in Crown Holdings, Inc. (NYSE:CCK) for 190,029 shares. Livforsakringsbolaget Skandia Omsesidigt holds 3,324 shares. Nexus Invest Mngmt holds 0.04% of its portfolio in Crown Holdings, Inc. (NYSE:CCK) for 4,600 shares. Eagle Asset Mngmt stated it has 0.04% in Crown Holdings, Inc. (NYSE:CCK). Bb&T Securities Ltd holds 34,458 shares or 0.03% of its portfolio. Rocky Mountain Advisers Lc owns 0.01% invested in Crown Holdings, Inc. (NYSE:CCK) for 45 shares. 313,541 were accumulated by Ubs Asset Americas Incorporated.

Since February 10, 2017, it had 0 buys, and 2 selling transactions for $2.18 million activity. KELLY THOMAS A had sold 40,000 shares worth $2.13 million.

Analysts await Crown Holdings, Inc. (NYSE:CCK) to report earnings on July, 19. They expect $1.09 earnings per share, down 8.40 % or $0.10 from last year’s $1.19 per share. CCK’s profit will be $146.96 million for 13.22 P/E if the $1.09 EPS becomes a reality. After $0.72 actual earnings per share reported by Crown Holdings, Inc. for the previous quarter, Wall Street now forecasts 51.39 % EPS growth. About 153,656 shares traded. Crown Holdings, Inc. (NYSE:CCK) has risen 7.50% since June 19, 2016 and is uptrending. It has underperformed by 9.20% the S&P500.

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

Among 11 analysts covering Crown Holdings (NYSE:CCK), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Crown Holdings had 22 analyst reports since July 22, 2015 according to SRatingsIntel. As per Friday, September 30, the company rating was initiated by RBC Capital Markets. The firm has “Outperform” rating given on Tuesday, November 10 by Macquarie Research. Jefferies maintained it with “Buy” rating and $63 target in Thursday, July 14 report. The firm earned “Market Perform” rating on Thursday, November 12 by Wells Fargo. Jefferies maintained it with “Buy” rating and $62 target in Thursday, April 13 report. The company was maintained on Thursday, May 25 by Jefferies. TheStreet upgraded the shares of CCK in report on Wednesday, July 22 to “Buy” rating. The firm earned “Neutral” rating on Tuesday, September 15 by Bank of America. The firm has “Outperform” rating by Macquarie Research given on Friday, February 5. The rating was maintained by Credit Suisse on Tuesday, April 19 with “Neutral”.

Crown Holdings, Inc. is engaged in the design, manufacture and sale of packaging products for consumer goods. The company has market cap of $7.77 billion. The Company’s business is organized within three divisions: Americas, Europe and Asia Pacific. It has a 15.32 P/E ratio. Within each division, the Company is organized along product lines.

More recent Crown Holdings, Inc. (NYSE:CCK) news were published by: Philly.com which released: “Crown Holdings sells NE Philly HQ for $9M, with plans to leave city” on May 25, 2017. Also Nasdaq.com published the news titled: “Crown Holdings (CCK) Up 1.7% Since Earnings Report: Can It Continue?” on May 22, 2017. Prnewswire.com‘s news article titled: “Crown Holdings, Inc. Reports Fourth Quarter 2016 Results” with publication date: February 02, 2017 was also an interesting one.

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