Street Calls of the Week
Investing.com - Truist Securities has raised its price target on Crown Holdings (NYSE:CCK) to $126.00 from $118.00 while maintaining a Buy rating on the stock. According to InvestingPro data, the stock currently trades at $100.47 with a market capitalization of $11.45 billion, and analysis suggests the stock is currently undervalued.
Crown Holdings reported adjusted operating earnings per share of $2.24, exceeding both Truist’s estimate of $2.00 and the Street’s expectation of $1.97. The company’s performance surpassed its own guidance range of $1.95-2.05 per share. The company maintains strong fundamentals with a perfect Piotroski Score of 9, trading at an attractive PEG ratio of 0.67.
The packaging manufacturer performed better than expected in European Beverage and Transit Packaging segments, while Americas Beverage fell below analyst models and Asia Pacific results were in line with expectations.
Crown Holdings has raised its full-year 2025 EPS guidance to $7.70-7.80, up from the previous range of $7.10-7.50, and provided fourth-quarter guidance of $1.65-1.75, representing a 7% year-over-year increase at the midpoint.
Truist Securities, which upgraded Crown Holdings to Buy in early September, cited the company’s attractive valuation, robust free cash flow providing capital return optionality, and potential for continued North American growth in 2026 as factors supporting its positive outlook. The company’s strong position is further evidenced by its impressive 9% free cash flow yield and solid financial health metrics.
In other recent news, Crown Holdings reported impressive third-quarter 2025 earnings, exceeding analysts’ expectations. The company posted an adjusted earnings per share of $2.24, surpassing the anticipated $1.99, and achieved a revenue of $3.2 billion, beating the forecasted $3.13 billion. Following these results, RBC Capital raised its price target for Crown Holdings to $120 from $116 while maintaining an Outperform rating. This adjustment reflects increased quarterly and annual EBITDA estimates, with projections of $486 million for Q4, $2.08 billion for FY25, and $2.13 billion for FY26. These developments indicate a positive outlook for Crown Holdings, as highlighted by RBC Capital’s revised estimates.
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