Price movement of Crown
Crown Holdings (CCK) has a market cap of $6.6 billion. CCK fell by 0.44% to close at $47.39 per share as of March 8, 2016. The price movement on a weekly, monthly, and year-to-date (or YTD) basis is 0.40%, 3.5%, and -6.5%, respectively.
Currently, CCK is trading 2.9% above its 20-day moving average, 1.2% above its 50-day moving average, and 6.0% below its 200-day moving average.
The iShares Russell 1000 Growth ETF (IWF) invests 0.03% of its holdings in Crown. The ETF tracks an index of US large-cap and midcap stocks selected from the Russell 1000 Index with the highest growth characteristics, based on Russell’s style methodology.
The Vanguard Materials ETF (VAW) invests 0.98% of its holdings in Crown. The ETF tracks a very broad market-cap-weighted index of US materials companies. The YTD price movement of VAW was 1.3% as of March 7, 2016.
The market cap of Crown Holdings’ competitors are as follows:
Crown Aerosol SQF certified
Crown Aerosols North America, a business unit of Crown Holdings, has announced its achievement certifying to the Safe Quality Food (or SQF) Level 2 code at all of its aerosol plants. The plants manufacture aerosol containers for personal care and food brands. The plants are located in:
- Alsip, Illinois
- Aurora, Illinois
- Warrensburg, Illinois
- Faribault, Minnesota
- Spartanburg, South Carolina
Performance of Crown Holdings in recent 4Q15 and 2015
Crown Holdings reported 4Q15 net sales of $2,027.0 million, a fall of 4.7% compared to net sales of $2,127.0 million in fiscal 4Q14. Net sales of Americas beverage rose by 11.1%, and net sales of North America food, European beverage, European food, and Asia Pacific fell by 17.1%, 5.4%, 12.9%, and 6.6%, respectively, in fiscal 4Q15 compared to fiscal 4Q14.
Its net income and EPS (earnings per share) rose to $66.0 million and $0.47, respectively, in fiscal 4Q15, compared to $13.0 million and $0.09, respectively, in fiscal 4Q14.
Fiscal 2015 results
In fiscal 2015, CCK reported net sales of $8,762.0 million, a fall of 3.7% YoY (year-over-year). The company’s cost of products sold as a percentage of net sales fell by 2.4%, and its operating income rose by 14.4% in fiscal 2015.
Its net income and EPS rose to $393.0 million and $2.82, respectively, in fiscal 2015, compared to $387.0 million and $2.79, respectively, in fiscal 2014.
Meanwhile, its cash and cash equivalents and inventories fell by 25.7% and 8.4%, respectively, in fiscal 2015. Its current ratio and long-term debt-to-equity ratio fell to 1.0x and 12.1x, respectively, in fiscal 2015, compared to 1.2x and 12.8x, respectively, in fiscal 2014.
The price-to-earnings and price-to-sales ratios of Crown Holdings are 16.8x and 0.76x, respectively, as of March 8, 2016.