Wolfe Research initiated coverage on Crown with a new price target
$CCK
Containers/Packaging
Industrials
Wolfe Research initiated coverage of Crown with a rating of Outperform and set a new price target of $102.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/13/2025 | $109.00 → $105.00 | Equal-Weight → Overweight | Morgan Stanley |
| 4/16/2024 | $85.00 → $90.00 | Neutral → Outperform | Robert W. Baird |
| 3/27/2024 | $100.00 → $88.00 | Buy → Hold | Truist |
| 3/18/2024 | $87.00 | Equal-Weight | Morgan Stanley |
| 3/1/2024 | $102.00 | Outperform | Wolfe Research |
| 2/7/2024 | $85.00 | Neutral → Overweight | JP Morgan |
| 1/16/2024 | $112.00 | Buy | UBS |
| 1/4/2023 | $80.00 | Outperform → Neutral | Robert W. Baird |
SC 13G - CROWN HOLDINGS, INC. (0001219601) (Subject)
SC 13G/A - CROWN HOLDINGS, INC. (0001219601) (Subject)
SC 13G/A - CROWN HOLDINGS, INC. (0001219601) (Subject)
Morgan Stanley upgraded Crown from Equal-Weight to Overweight and set a new price target of $105.00 from $109.00 previously
Robert W. Baird upgraded Crown from Neutral to Outperform and set a new price target of $90.00 from $85.00 previously
Truist downgraded Crown from Buy to Hold and set a new price target of $88.00 from $100.00 previously
TAMPA, Fla., Feb. 5, 2025 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK), a worldwide leader in the design, manufacture and sale of packaging products for consumer goods and industrial products, today announced its financial results for the fourth quarter and full year ended December 31, 2024. Highlights Fourth Quarter Diluted earnings per share of $3.02Adjusted diluted earnings per share increased 28% to $1.59Full Year Diluted earnings per share of $3.55Adjusted diluted earnings per share increased 9% to $6.41Operating cash flow of $1,192 millionAdjusted free cash flow a record $814 millionNet debt reduction of $878 million, adjusted net leverage ratio now 2.7x2025 Outlook Expect full ye
TAMPA, Fla., Jan. 6, 2025 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) will release its earnings for the fourth quarter ended December 31, 2024, after the close of trading on the New York Stock Exchange on Wednesday, February 5, 2025. The Company will hold a conference call to discuss these results at 9:00 a.m. (EST) on Thursday, February 6, 2025. The dial-in numbers for the conference call are (630) 395-0194 or toll-free (888) 324-8108 and the access password is "packaging". A replay of the conference call will be available for a one-week period ending at midnight on February 13, 2025. The telephone numbers for the replay are (203) 369-3997 or toll free (800) 876-4955. A live webcas
TAMPA, Fla., Dec. 4, 2024 /PRNewswire/ -- Following the closing today of the previously announced sale of Eviosys to Sonoco Products Company, Crown Holdings, Inc. (NYSE:CCK) (Crown) will receive net cash proceeds of approximately $300 million in return for its remaining equity stake of approximately 20%. Commenting on the transaction, Kevin Clothier, Crown's Senior Vice President and Chief Financial Officer, stated, "This completes the strategic divestiture of our European Tinplate business. We are pleased that this transaction has closed in a timely manner, and the proceeds will support our stated objective of ending the year with a net leverage ratio below 3.0x, while continuing to progre
TAMPA, Fla., Feb. 5, 2025 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK), a worldwide leader in the design, manufacture and sale of packaging products for consumer goods and industrial products, today announced its financial results for the fourth quarter and full year ended December 31, 2024. Highlights Fourth Quarter Diluted earnings per share of $3.02Adjusted diluted earnings per share increased 28% to $1.59Full Year Diluted earnings per share of $3.55Adjusted diluted earnings per share increased 9% to $6.41Operating cash flow of $1,192 millionAdjusted free cash flow a record $814 millionNet debt reduction of $878 million, adjusted net leverage ratio now 2.7x2025 Outlook Expect full ye
TAMPA, Fla., Jan. 6, 2025 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) will release its earnings for the fourth quarter ended December 31, 2024, after the close of trading on the New York Stock Exchange on Wednesday, February 5, 2025. The Company will hold a conference call to discuss these results at 9:00 a.m. (EST) on Thursday, February 6, 2025. The dial-in numbers for the conference call are (630) 395-0194 or toll-free (888) 324-8108 and the access password is "packaging". A replay of the conference call will be available for a one-week period ending at midnight on February 13, 2025. The telephone numbers for the replay are (203) 369-3997 or toll free (800) 876-4955. A live webcas
TAMPA, Fla., Oct. 24, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) announced today that its Board of Directors declared a cash dividend of $0.25 per share payable November 27, 2024, to shareholders of record as of November 14, 2024. About Crown Holdings, Inc. Crown Holdings, Inc., through its subsidiaries, is a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment and services to a broad range of end markets. World headquarters are located in Tampa, Florida. For more information, visit www.crowncork.com. For more information, contact:Kevin C. Clothier, Senior Vice President and Chief Fina
Enters Into Cooperation Agreement with Icahn Enterprises Icahn to Support All Crown Nominees for Election at 2023 Annual Meeting YARDLEY, Pa., Dec. 13, 2022 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) ("Crown" or the "Company") today announced that it has entered into an agreement with Icahn Enterprises L.P., whereby Jesse Lynn and Andrew Teno, General Counsel of Icahn Enterprises and Portfolio Manager of Icahn Capital, respectively, will join the Company's Board of Directors, effective immediately. Mr. Lynn and Mr. Teno will also stand for election at the Company's upcoming 2023 Annual Meeting of Shareholders ("2023 AGM"), and Crown has agreed to include Mr. Teno and Mr. Lynn on its rec
YARDLEY, Pa., Oct. 29, 2021 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) today announced that Ms. Christy L. Kalaus, the Company's Assistant Corporate Controller, was promoted to Vice President and Corporate Controller, effective January 1, 2022, in accordance with the Company's management succession plan. Mr. David A. Beaver, the Company's current Corporate Controller, will serve as the Company's new Vice President & Treasurer, effective January 1, 2022. "I would like to congratulate both Christy and Dave on their well-deserved promotions," said Mr. Timothy J. Donahue, the Company's Chief Executive Officer. "I believe their considerable finance and accounting expertise and deep unders
YARDLEY, Pa., Oct. 29, 2021 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) today announced that Mr. Thomas A. Kelly, the Company's Senior Vice President and Chief Financial Officer (CFO), intends to retire in early 2022. Mr. Kevin C. Clothier, the Company's Vice President & Treasurer, will assume the role of Senior Vice President and Chief Financial Officer, effective January 1, 2022, and will be working closely with Mr. Kelly during the interim period to ensure a smooth transition. "Tom has been with the Company since 1992 and has served as the CFO since 2013. On behalf of all of Crown, I would like to express my deep gratitude to Tom for his dedication and his outstanding contributions
8-K - CROWN HOLDINGS, INC. (0001219601) (Filer)
8-K - CROWN HOLDINGS, INC. (0001219601) (Filer)
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