With 0.97 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.09 million shares. During the session, the Packaging & Containers company that operates in wider Consumer Cyclical sector, reached to the highest price of $93.2434 whereas the lowest price it dropped to was $91.165. The 52-week range on CCK shows that it touched its highest point at $98.46 and its lowest point at $69.61 during that stretch. It currently has a 1-year price target of $111.86. With its current market cap of 11.33 billion, CCK has annualized dividend of $1.00 while the current yield stands at 1.08%. CCK paid its most recent dividend on 1731542400, while the ex-dividend date for that was 1731542400. Beta for the stock currently stands at 0.84.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CCK was up-trending over the past week, with a rise of 3.29%, but this was down by -2.50% over a month. Three-month performance surged to 2.92% while six-month performance rose 10.94%. The stock gained 12.74% in the past year, while it has gained 0.79% so far this year. A look at the trailing 12-month EPS for CCK yields 0.81 with Next year EPS estimates of 6.87. For the next quarter, that number is 1.52. This implies an EPS growth rate of 7.97% for this year and 8.54% for next year. EPS is expected to grow by 11.55% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 2.78%.
Float and Shares Shorts:
At present, 120.64 million CCK shares are outstanding with a float of 118.57 million shares on hand for trading. On 2024-10-31, short shares totaled 2.38 million, which was 199.00000000000003 higher than short shares on 1727654400. In addition to Mr. Timothy J. Donahue as the firm’s Chairman, President & CEO, Mr. Kevin Charles Clothier serves as its Senior VP & CFO.
Institutional Ownership:
Through their ownership of 0.97240996 of CCK’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, CCK reported revenue of $3074000000.0 and operating income of $431000000.0. The EBITDA in the recently reported quarter was $46000000.0 and diluted EPS was -$1.47.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CCK since 7 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CCK analysts setting a high price target of 129.0 and a low target of 100.0, the average target price over the next 12 months is 110.445. Based on these targets, CCK could surge 38.98% to reach the target high and rise by 7.74% to reach the target low. Reaching the average price target will result in a growth of 18.99% from current levels.
Analysts have provided yearly estimates in a range of $6.38721 being high and $6.29739 being low. For CCK, this leads to a yearly average estimate of $6.32733. The surprise factor in the prior quarter was $1.59. Based on analyst estimates, the high estimate for the next quarter is $1.36 and the low estimate is $1.0. The average estimate for the next quarter is thus $1.18.
