Investors might be interested in how sell-side analysts are viewing shares of Crown Holdings, Inc. (NYSE:CCK). Taking a peek at the current consensus rating, we can see that the ABR is 1.56. This average rating is provided by Zacks Research. This simplified scale ranges from one to five which translates brokerage firm Buy/Sell/Hold recommendations into an average broker rating. A low number in the 1-2 range typically indicates a Buy, 3 represents a Hold and 4-5 indicates a consensus Sell rating. In terms of the number of analysts that have the stock pegged as a Buy or Strong Buy, we note that the number is presently 7.
There are many different strategies that investors use when entering the stock market. Beating the market is no easy task, and many veteran investors would echo that sentiment. When following the day to day happenings in the stock market, it can be easy to get distracted. There is a lot of emphasis on what is happening in the moment, and it can be tempting for investors to get caught up in the chaos. Everyday market fluctuations can sometimes cause investors to second guess their stock selections. Investors who are able to filter out the noise and focus on the most pertinent information may find themselves in an elevated position in relation to the rest of the investing field.
Shifting gears, we can see that the current quarter EPS consensus estimate for Crown Holdings, Inc. (NYSE:CCK) is 1.57. This EPS estimate is using 5 sell-side analysts polled by Zacks Research. For the prior reporting period, the company posted a quarterly EPS of 1.46. As we move through earnings season, all eyes will be on the company to see if they can beat analyst estimates and show improvement from the last quarter. When a company reports actual earnings numbers, the surprise factor can cause a stock price to realize increased activity. Investors and analysts will be closely watching to see how the earnings results impact the stock after the next release. Many investors will decide to be cautious around earnings releases and delay buy/sell moves until after the stock price has steadied.
Viewing some popular support and resistance marks on shares of Crown Holdings, Inc. (NYSE:CCK), we can see that the 52-week high is presently $68.58, and the 52-week low is currently $39.63. When the stock is trading near the 52-week high or 52-week low, investors may be on the lookout for a potential break through the level. Looking at recent action, we can see that the stock has been trading near the $66.89 level. Investors may also want to track historical price activity. Over the past 12 weeks, the stock has changed 16.01%. Looking further back to the beginning of the calendar year, we note that shares have moved 60.91%. Over the previous 4 weeks, shares have seen a change of 3.79%. Over the last 5 trading sessions, the stock has moved 2.53%. Investors will be monitoring stock activity over the next few days to try and gauge which way the momentum is shifting.
Wall Street analysts tracking shares of Crown Holdings, Inc. (NYSE:CCK) have been closely monitor company activities and fundamentals. They often create research reports to assist with investment decisions. On a consensus basis, analysts have set a target price of $66.38 on the stock. This number may be different from the First Call consensus target estimate. Analysts that routinely cover the company may use different techniques in order to create a future target price. Because of the different methods, price targets may differ greatly from one analyst to another.
Investors might be reviewing portfolio performance over the last six months. Many investors will be tracking shares that are trading near important levels such as the 52-week high and 52-week low. When a stock is trading near new 52-week high, investors may have to decide whether they should sell or hold on for future gains. Stocks that are moving towards a new 52-week low may also be worth keeping an eye on. There are many factors that can have an impact on the health of a particular stock. This is one reason why stock picking can be extremely tough at times. Because there are always so many things to monitor, it may be next to impossible to build a formula that will continually beat the market. Even after all the applicable information has been examined, the investor still has to make sense of the data and figure out what to do with it. Knowing how to use company data can end up being the difference between handsome gains and crippling losses.
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