Somewhat Positive Media Coverage Somewhat Unlikely to Affect Crown (NYSE:CCK) Share Price

News headlines about Crown (NYSE:CCK) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Crown earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 47.1617783137244 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the media headlines that may have effected Accern’s rankings:

A number of analysts have commented on CCK shares. KeyCorp reaffirmed a “hold” rating on shares of Crown in a report on Tuesday, December 19th. Vertical Research raised shares of Crown from a “hold” rating to a “buy” rating in a report on Wednesday, December 20th. Zacks Investment Research lowered shares of Crown from a “hold” rating to a “sell” rating in a report on Monday, January 29th. UBS Group assumed coverage on shares of Crown in a report on Wednesday, November 29th. They issued a “neutral” rating and a $65.00 price target for the company. Finally, TheStreet lowered shares of Crown from a “b” rating to a “c” rating in a report on Thursday, February 8th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $64.70.

Shares of Crown (NYSE CCK) traded down $0.34 during mid-day trading on Wednesday, hitting $51.00. 859,757 shares of the stock were exchanged, compared to its average volume of 1,761,088. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.52 and a current ratio of 0.95. The company has a market cap of $6,882.01, a PE ratio of 12.68, a price-to-earnings-growth ratio of 1.66 and a beta of 1.50. Crown has a 12 month low of $48.86 and a 12 month high of $62.27.

Crown (NYSE:CCK) last issued its earnings results on Wednesday, February 7th. The industrial products company reported $0.79 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.79. Crown had a net margin of 3.71% and a return on equity of 57.14%. The company had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.02 billion. During the same period in the prior year, the firm earned $0.71 EPS. Crown’s quarterly revenue was up 12.7% compared to the same quarter last year. research analysts anticipate that Crown will post 4.41 EPS for the current fiscal year.

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Crown Company Profile

Crown Holdings, Inc is engaged in the design, manufacture and sale of packaging products for consumer goods. The Company’s business is organized within three divisions: Americas, Europe and Asia Pacific. Within each division, the Company is organized along product lines. The Company’s segments within the Americas Division are Americas Beverage and North America Food.

Insider Buying and Selling by Quarter for Crown (NYSE:CCK)

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