Crown Has Been Battered, But Coronavirus Will Likely Have Little To No Impact [Seeking Alpha]
Crown Holdings, Inc. (CCK)
Last crown holdings, inc. earnings: 4/20 04:30 pm
Check Earnings Report
US:NYSE Investor Relations:
crowncork.com/investors
Company Research
Source: Seeking Alpha
Summary Crown has been hit hard from the stock market selloff due to coronavirus fears; however, the company will likely see little to no impact from the economic repercussions. Decreased beverage demand due to bars and restaurants will likely be offset by increased demand from consumers in grocery stores, liquor stores, and gas stations. Emerging markets offer attractive opportunities for growth and demand in its more mature markets is benefiting from a shift in mix. We believe that the sharp drop in stock price offers an opportunity to grab shares of a good company at a great value. Crown Will Likely See Little Impact From Coronavirus Like everything else, Crown Holdings ( CCK Crown is one of the largest producers of aluminum and steel cans used for beverages and food. About 50% of sales come from beverage, which propelled the stock to all-time highs in 2019. According to Tim Donahue, President and CEO from the latest earnings call: In 2019, the North American beverage can industry
Show less
Read more
Impact Snapshot
Event Time:
CCK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CCK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CCK alerts
High impacting Crown Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
CCK
News
- Crown Holdings Celebrates World Water Day [Yahoo! Finance]Yahoo! Finance
- Crown Holdings, Inc. (NYSE: CCK) was upgraded by analysts at Robert W. Baird from a "neutral" rating to an "outperform" rating. They now have a $90.00 price target on the stock, up previously from $85.00.MarketBeat
- Strapping Machine Market Size Poised for Robust Growth to Reach Beyond US$7 Billion in 2030 [Yahoo! Finance]Yahoo! Finance
- Crown Holdings, Inc. (NYSE: CCK) had its price target lowered by analysts at Wells Fargo & Company from $78.00 to $76.00. They now have an "equal weight" rating on the stock.MarketBeat
- CROWN HOLDINGS SCHEDULES FIRST QUARTER 2024 EARNINGS CONFERENCE CALLPR Newswire
CCK
Earnings
- 2/5/24 - Miss
CCK
Sec Filings
- 3/25/24 - Form ARS
- 3/25/24 - Form DEF
- 3/12/24 - Form PRE
- CCK's page on the SEC website