Crown Holdings, Inc. (CCK) Hit a 52 Week High, Can the Run Continue?

Core Viewpoint - Crown Holdings (CCK) has shown strong stock performance, with a 21.7% increase since the beginning of the year, outperforming both the Zacks Industrial Products sector and the Zacks Containers - Metal and Glass industry [1] Financial Performance - Crown Holdings has consistently exceeded earnings expectations, reporting an EPS of $1.67 against a consensus estimate of $1.22 in its last earnings report [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 forecast for the next fiscal year indicates expected earnings of $7.71 per share on $12.42 billion in revenues, representing year-over-year changes of 8.69% and 2.54%, respectively [3] Valuation Metrics - Crown Holdings currently trades at 14.2X current fiscal year EPS estimates, aligning with the peer industry average [7] - On a trailing cash flow basis, the stock also trades at 9.9X, consistent with its peer group's average [7] - The stock has a PEG ratio of 1.74, which does not place it among the top tier of stocks from a value perspective [7] Zacks Rank and Style Scores - Crown Holdings holds a Zacks Rank of 2 (Buy), supported by rising earnings estimates [8] - The company has a Value Score of B, a Growth Score of C, and a Momentum Score of D, resulting in a combined VGM Score of B [6][8] - These scores suggest that Crown meets the criteria for potential investment, indicating possible growth in the near future [8]