|Bid||0.00 x 800|
|Ask||74.51 x 2900|
|Day's Range||73.54 - 74.51|
|52 Week Range||39.05 - 78.29|
|Beta (3Y Monthly)||1.55|
|PE Ratio (TTM)||21.03|
|Earnings Date||Feb 4, 2020 - Feb 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||79.42|
Moody's Investors Service ("Moody's") has assigned a Baa2 rating to the new $3.25 billion senior secured credit facilities issued by Crown Americas LLC and Crown European Holdings S.A., subsidiaries of Crown Holdings, Inc. The $3.25 billion senior secured credit facilities consists of a $1.1 billion Term Loan A issued by Crown Americas LLC and a $500 million Term Loan A issued by Crown European Holdings S.A. The Ba2 Corporate Family Rating, Ba2-PD Probability of Default rating, all other instrument ratings, the SGL-2 rating and the stable outlook for Crown Holdings, Inc. remain unchanged. The proceeds will be used to refinance their existing senior secured credit facilities and repay the outstanding Euro and US Term Loans B. The transaction is seen as credit neutral since the transaction will not increase debt and will increase the company's maturity profile.
YARDLEY, Pa., Nov. 5, 2019 /PRNewswire/ -- Crown Holdings, Inc. (CCK) ("Crown") today announced that it will conduct a comprehensive Board-led review of its portfolio and capital allocation/return to ensure that the Company maintains its strong competitive position and its continued stock price outperformance. "In 2019, Crown and its shareholders have benefitted from our strategic plan with a 75% total shareholder return, far in excess of our peers and most relevant indices," said Chief Executive Officer Timothy J. Donahue. "Our stock currently trades near an all-time high, with our robust performance driven by the leading market positions of our businesses and our commitment to operational excellence and continuous cost reduction across the entire platform.
Using the charts and tools available on the Webull trading app, which offers zero-commission trading and a suite of advanced trading analysis and charting, the Trader Toolkit series of articles will aim to explore the ratios, indicators and signals that play an integral role in how traders generate ideas and form convictions on their medium- or short-term trades. The sheer amount of headline volatility that has roiled stocks in the past year, It’s almost become a foregone conclusion that another piece breaking geopolitical or economic news will arrive in the early morning hours and throw a wrench in whatever trends had managed to emerge from the previous days. The market has always been susceptible to unexpected shocks from the political or economic worlds, so many traders rely on industry performance trends and heatmaps at the start of the day to guide their strategy until the closing bell.
YARDLEY, Pa., Oct. 22, 2019 /PRNewswire/ -- Crown Holdings, Inc. (CCK) ("Crown") announced today that it has priced its offering of €550 million principal amount of 0.75% senior unsecured notes due 2023 issued at par by its subsidiary Crown European Holdings S.A. The notes will be unconditionally guaranteed by Crown and certain of its subsidiaries. Crown intends to use the net proceeds from the offering, together with cash on hand, to repay certain existing term loan indebtedness under Crown's credit agreement and pay related fees and expenses.
Moody's Investors Service ("Moody's") has assigned a Ba2 rating to the 3 year Senior Unsecured Euro notes issued by Crown European Holdings S.A, a subsidiary of Crown Holdings, Inc. The Ba2 Corporate Family Rating, Ba2- PD Probability of Default rating, all other instrument ratings, the SGL-2 rating and the Stable Outlook for Crown Holdings, Inc. remain unchanged. The proceeds will be used to repay Euro Term Loan B which part of their existing senior secured credit facilities.
YARDLEY, Pa., Oct. 22, 2019 /PRNewswire/ -- Crown Holdings, Inc. (CCK) ("Crown") announced today that it intends to offer aggregate principal amount of senior unsecured notes of €550 million due 2023 issued by its subsidiary Crown European Holdings S.A., subject to market conditions. Crown intends to use the proceeds from the offering to repay certain existing term loan indebtedness under Crown's credit agreement. The notes would be issued through a private placement and resold by initial purchasers to persons reasonably believed to be qualified institutional buyers under Rule 144A under the Securities Act of 1933, as amended, and to non-U.S. persons outside the United States under Regulation S of the Securities Act.
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the […]
Crown Holdings' (CCK) Q3 earnings missed estimates as strong operating results in the Americas Beverage segment were negated by weaker performance at European Food business.
Crown (CCK) delivered earnings and revenue surprises of -0.64% and -3.23%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
YARDLEY, Pa. , Oct. 16, 2019 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the third quarter ended September 30, 2019 . Third Quarter Results Earnings per share ...
Crown (CCK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
YARDLEY, Pa. , Sept. 26, 2019 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) will release its earnings for the third quarter ended September 30, 2019 after the close of trading on the New York Stock Exchange ...
Tim Donahue became the CEO of Crown Holdings, Inc. (NYSE:CCK) in 2016. This report will, first, examine the CEO...
Company signs commitment letter to Science-Based Targets initiative (SBTi) as first step toward establishing climate-focused goals YARDLEY, Pa. , Sept. 16, 2019 /PRNewswire/ -- As the next step in its ...
If you want to compound wealth in the stock market, you can do so by buying an index fund. But one can do better than...
YARDLEY, Pa. , Aug. 22, 2019 /PRNewswire/ -- In recognition of exceptional sustainability achievements in fiscal years 2017 and 2018, Crown Holdings, Inc. (NYSE: CCK) (Crown) ( www.crowncork.com ) has ...