For its third fiscal quarter (ending September 30), Crown Holdings Inc (NYSE: CCK) has reported a -211% decline in E.P.S. from $1.33 a year ago to $-1.47 in the current quarter. This performance was $-3.28 short of the consensus estimate of $1.81. E.P.S. were $0.82 for the latest four quarters through September 30 versus $4.25 for the same period a year ago — a decline of -81%.
Recent Price Action
On 10/17/24, Crown Holdings Inc (NYSE: CCK) stock declined slightly by -0.2%, closing at $93.84. Moreover, above average trading volume at 138% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months and has risen 1.3% during the last week.
Current PriceTarget Research Rating
CCK’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Crown Holdings has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Crown Holdings has a neutral Appreciation Score of 42 but a good Power Rating of 80, triggering the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment