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CCK to Add Production Line at Ponta Grossa, Sees $800M FCF in 2025
ZACKS· 2025-06-02 17:00
Key Takeaways CCK will add a third high-speed line at Ponta Grossa to meet growing demand in southern Brazil. The plant's annual can capacity will rise from 2.4B to 3.6B cans, becoming CCK's largest in Brazil. CCK expects 2025 free cash flow to be $800M and plans to spend $450M in capital expenditure.Crown Holdings, Inc. (CCK) announced plans to add another high-speed production line to its beverage can plant in Ponta Grossa. With this expansion, Crown Holdings will be better equipped to meet the growing ...
Crown (CCK) Up 1.6% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-05-28 16:35
A month has gone by since the last earnings report for Crown Holdings (CCK) . Shares have added about 1.6% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Crown due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.How Have Estimates Been Moving Since Then?It turns out, ...
Should You Buy Crown Castle For Its Yield?
Seeking Alpha· 2025-05-28 12:18
Crown Castle (NYSE: CCI ) offers an interesting dividend yield compared to other infrastructure REITs, but its premium valuation and some uncertainty about its management makes me wary of buying its shares. As this is my first article covering CrownLabutes IR is a Fund Manager/Analyst specialized in the financial sector, with more than 18 years of experience in the financial markets. I have worked at several type of institutions in the industry, always at the buy side and related to portfolio management. As ...
Crown Castle Reduces Dividend by 32.1%: What You Should Know
ZACKS· 2025-05-22 19:01
Crown Castle (CCI) recently announced that its board of directors has declared a quarterly cash dividend of $1.0625 per share. This represents a 32.1% decrease from the previous quarterly payout of $1.565 per share. The new dividend will be paid on June 30, 2025, to the company’s shareholders of record as of June 12, 2025.Based on the reduced rate, the annualized dividend payout comes to $4.25 per share. At this new rate, the annualized yield is 4.19%, based on the stock’s closing price of $101.52 on May 21 ...
Crown Castle to Present at Nareit's REITweek: 2025 Investor Conference
GlobeNewswire News Room· 2025-05-21 20:15
HOUSTON, May 21, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today that Dan Schlanger, Crown Castle’s Interim President and Chief Executive Officer, and Sunit Patel, Crown Castle’s Executive Vice President and Chief Financial Officer, are scheduled to present on Wednesday, June 4, 2025 at 2:45 p.m. Eastern Time at Nareit’s REITweek: 2025 Investor Conference. The presentation will be broadcast live over the Internet and is expected to last approximately 30 minutes. The l ...
Crown Holdings (CCK) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-05-21 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
Crown Holdings, Inc. (CCK) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2025-05-13 14:15
Core Viewpoint - Crown Holdings (CCK) has experienced significant stock performance, with a 13.7% increase over the past month and an 18.3% rise since the beginning of the year, outperforming the Zacks Industrial Products sector and the Zacks Containers - Metal and Glass industry [1] Financial Performance - Crown Holdings reported an EPS of $1.67 in its last earnings report, exceeding the consensus estimate of $1.22, marking a strong record of positive earnings surprises over the last four quarters [2] - For the current fiscal year, Crown is projected to achieve earnings of $7.09 per share on revenues of $12.12 billion, reflecting a 10.61% increase in EPS and a 2.67% increase in revenues [3] - The next fiscal year forecasts earnings of $7.71 per share on $12.42 billion in revenues, indicating year-over-year changes of 8.69% and 2.54%, respectively [3] Valuation Metrics - Crown Holdings has a Value Score of B, with Growth and Momentum Scores of C and B, respectively, resulting in a combined VGM Score of B [6] - The stock trades at 13.8X current fiscal year EPS estimates, aligning with the peer industry average, and at 9.6X trailing cash flow, also matching the peer group's average [7] - The PEG ratio stands at 1.69, which does not position the company among the top tier from a value perspective [7] Zacks Rank - Crown Holdings holds a Zacks Rank of 2 (Buy), supported by favorable earnings estimate revisions from analysts [8] - The combination of a Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B suggests that Crown shares may have potential for further gains [8]
What Makes Crown Holdings (CCK) a Strong Momentum Stock: Buy Now?
ZACKS· 2025-05-05 17:05
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Crown Holdings(CCK) - 2025 Q1 - Quarterly Report
2025-05-02 19:28
Financial Performance - Net sales for the three months ended March 31, 2025, increased to $2,887 million, up from $2,784 million in 2024, primarily due to higher beverage can volumes and the pass-through of higher material costs[130]. - The Americas Beverage segment reported net sales of $1,320 million for Q1 2025, a 8% increase from $1,222 million in Q1 2024, with segment income rising to $236 million from $189 million[133]. - The European Beverage segment achieved net sales of $512 million in Q1 2025, up 6% from $482 million in Q1 2024, with segment income increasing to $67 million from $51 million[137]. - The Asia Pacific segment maintained net sales of $279 million for both Q1 2025 and Q1 2024, with segment income rising to $47 million from $42 million due to improved manufacturing performance[142]. - The Transit Packaging segment's net sales decreased to $482 million in Q1 2025 from $520 million in Q1 2024, with segment income falling to $60 million from $68 million[147]. - Other segment net sales increased to $294 million in Q1 2025, up from $281 million in Q1 2024, with segment income rising significantly to $29 million from $8 million[150]. Cash Flow and Liquidity - Cash from operating activities improved from an outflow of $102 million in Q1 2024 to an inflow of $14 million in Q1 2025, driven by higher income from operations[160]. - Cash from financing activities decreased from an inflow of $9 million for the three months ended March 31, 2024, to an outflow of $153 million for the three months ended March 31, 2025, primarily due to $203 million of common stock repurchases[166]. - The Company utilizes cash flows from operations, borrowings under revolving credit facilities, and acceleration of cash receipts under receivables securitization and factoring programs to fund operations and capital expenditures[172]. - The Company expects to have sufficient liquidity to refinance or repay its senior notes at maturity[173]. Capital Expenditures and Commitments - The Company expects capital expenditures to be approximately $450 million in 2025, reflecting ongoing investments to meet market demand[163]. - The Company had approximately $84 million of capital commitments primarily related to Americas Beverage and European Beverage, expected to be funded through cash flows from operations[174]. Tax and Income - The effective income tax rate decreased to 16.9% for Q1 2025 from 29.9% in Q1 2024, primarily due to an income tax benefit of $22 million recorded in 2025[156]. - Net income attributable to noncontrolling interests increased from $26 million in Q1 2024 to $34 million in Q1 2025, mainly due to higher earnings in the beverage can operations in Brazil[158]. Debt and Financial Ratios - The Company's total net leverage ratio was 2.6 to 1.0 at March 31, 2025, in compliance with the covenant requiring a ratio no greater than 4.5 to 1.0[169]. - Long-term debt payments due in the next twelve months include $875 million of 4.75% senior notes and €500 million ($541 million) of 2.875% senior notes, both due in February 2026[173]. - The Company's revolving credit agreements provide a capacity of $1.65 billion, with available capacity of $1.62 billion as of March 31, 2025[167]. - A change of 0.25% in floating interest rates would change annual interest expense by approximately $8 million before tax, with $1.8 billion principal floating interest rate debt as of March 31, 2025[192]. - The Company's debt agreements contain covenants that limit the ability to incur additional debt, pay dividends, or repurchase capital stock, subject to certain exceptions[168].
Are Industrial Products Stocks Lagging Crown Holdings (CCK) This Year?
ZACKS· 2025-05-02 14:46
For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Crown Holdings (CCK) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Crown Holdings is one of 190 companies in the Industrial Products group. The Industrial Products group currently sits at #10 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in ord ...