The leading market experts have placed a mean price target of $59.82 on Crown Holdings, Inc. (NYSE:CCK) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.75 a share for the upcoming quarter and $3.93 for the current fiscal.
The technical analysis of Crown Holdings, Inc. plainly substantiates that the 50-day moving average of Crown Holdings, Inc. is $52.85, and stock is trading $1.04 points away or +1.97% from its 50-day moving average of $52.85. Further it is trading $2.86 or +5.61% away its 200-day moving average of $51.03. Crown Holdings, Inc. (NYSE:CCK) 52-week high is $55.50 and the 52-week low is $43.30.
This explains if the stock moves $-1.61, it will post a 52-week high. In event of +24.46% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Crown Holdings, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Crown Holdings, Inc. (NYSE:CCK) ratio came in at 16.53.
The stock last ended the trading session at $53.89 and registered a market cap of $7.46B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Crown Holdings, Inc. (NYSE:CCK) PEG ratio is at 1.54.
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