Crown Holdings Posts Q3 Sales In Line With Estimates
CCK Stock | USD 80.54 0.67 0.83% |
About 61% of Crown Holdings' investor base is looking to short. The analysis of overall sentiment of trading Crown Holdings stock suggests that many investors are alarmed at this time. Crown Holdings' investing sentiment shows overall attitude of investors towards Crown Holdings.
Crown |
Metal packaging products manufacturer Crown Holdings met Wall Streets revenue expectations in Q3 CY2024, but sales were flat year on year at 3.07 billion. Its non-GAAP profit of 1.99 per share was 10.4 percent above analysts consensus estimates.
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Crown Holdings Fundamental Analysis
We analyze Crown Holdings' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Crown Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Crown Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Flow From Operations
Cash Flow From Operations Comparative Analysis
Crown Holdings is currently under evaluation in cash flow from operations category among its peers. Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Crown Holdings Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Crown Holdings stock to make a market-neutral strategy. Peer analysis of Crown Holdings could also be used in its relative valuation, which is a method of valuing Crown Holdings by comparing valuation metrics with similar companies.
Peers
Crown Holdings Related Equities
MYE | Myers Industries | 2.05 | ||||
SEE | Sealed Air | 1.29 | ||||
AVY | Avery Dennison | 0.97 | ||||
GEF | Greif Bros | 0.88 | ||||
PKG | Packaging Corp | 0.28 | ||||
SLGN | Silgan Holdings | 0.08 | ||||
SON | Sonoco Products | 0.12 | ||||
PTVE | Pactiv Evergreen | 0.17 | ||||
AMCR | Amcor PLC | 0.21 | ||||
REYN | Reynolds Consumer | 0.86 | ||||
OI | O I | 1.67 |
Check out Crown Holdings Hype Analysis, Crown Holdings Correlation and Crown Holdings Performance. For more information on how to buy Crown Stock please use our How to buy in Crown Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Metal, Glass & Plastic Containers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Crown Holdings. If investors know Crown will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Crown Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Crown Holdings is measured differently than its book value, which is the value of Crown that is recorded on the company's balance sheet. Investors also form their own opinion of Crown Holdings' value that differs from its market value or its book value, called intrinsic value, which is Crown Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Crown Holdings' market value can be influenced by many factors that don't directly affect Crown Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Crown Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Crown Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crown Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.