Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Crown (CCK) Stock Price

Headlines about Crown (NYSE:CCK) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Crown earned a news impact score of 0.22 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 45.1722384000831 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

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

Crown (NYSE:CCK) traded down $0.26 on Friday, hitting $56.74. The stock had a trading volume of 2,582,467 shares, compared to its average volume of 1,411,100. The company has a market cap of $7,665.64, a P/E ratio of 16.21, a PEG ratio of 1.86 and a beta of 1.42. Crown has a 52 week low of $51.76 and a 52 week high of $62.27. The company has a debt-to-equity ratio of 4.60, a quick ratio of 0.57 and a current ratio of 1.04.

Crown (NYSE:CCK) last released its quarterly earnings results on Wednesday, October 18th. The industrial products company reported $1.41 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.41. The company had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.39 billion. Crown had a return on equity of 60.44% and a net margin of 5.64%. The firm’s revenue was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.33 EPS. research analysts predict that Crown will post 4.03 EPS for the current year.

A number of research analysts have commented on CCK shares. Zacks Investment Research upgraded Crown from a “hold” rating to a “buy” rating and set a $68.00 target price on the stock in a research note on Thursday, September 21st. Vertical Research upgraded Crown from a “hold” rating to a “buy” rating in a research note on Wednesday, December 20th. KeyCorp restated a “hold” rating on shares of Crown in a research note on Tuesday, December 19th. ValuEngine downgraded Crown from a “buy” rating to a “hold” rating in a research note on Thursday, November 30th. Finally, Wells Fargo & Co upped their price target on Crown from $57.00 to $60.00 and gave the stock a “market perform” rating in a research note on Friday, October 20th. Two analysts have rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the company. Crown currently has an average rating of “Hold” and an average price target of $64.27.

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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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