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Yahoo
27-05-2025
- Business
- Yahoo
Saudi Arabia Caps & Closures Market Forecast & Opportunities to 2030: Sustainability Trends Fuel Shift Towards Eco-friendly Packaging Solutions
The Saudi Arabia Caps & Closures Market is set to grow from USD 0.84 billion in 2024 to USD 1.17 billion by 2030, driven by rapid urbanization, rising consumer demand, and sustainable packaging trends. The Riyadh region leads due to robust economic growth. Key players include Crown Holdings and Amcor. Saudi Arabian Caps & Closures Market Dublin, May 27, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia Caps & Closures Market, By Region, Competition, Forecast & Opportunities, 2020-2030F" has been added to offering. The Saudi Arabia Caps & Closures Market, valued at USD 0.84 billion in 2024, is projected to grow to USD 1.17 billion by 2030, with a CAGR of 5.60%. This growth is driven by the robust expansion of the Saudi economy and a rising population demanding advanced packaging solutions. The market is significantly influenced by economic diversification and increased consumer spending, as a diverse array of industries, including food & beverages, pharmaceuticals, and personal care, seek innovative and secure closure systems. Population expansion and changing demographics are pivotal, with a youthful, urbanizing population increasingly valuing convenient, packaged products. This has led manufacturers to invest in advanced caps and closures that ensure product safety and cater to evolving consumer preferences. Environmental awareness is a critical factor, with a shift towards sustainable materials in packaging. As consumers and regulatory bodies prioritize eco-friendly solutions, manufacturers are adopting sustainable practices to reduce environmental impact. Key players in the market include Crown Holdings, Inc., Amcor Plc, and Ball Corporation, among others. These companies leverage technological advancements to offer efficient and secure closure solutions, contributing to a competitive market landscape. However, challenges such as regulatory compliance, raw material price volatility, and technological disruptions persist. The regulatory landscape demands adherence to evolving standards, while the dependency on petrochemical-based materials exposes manufacturers to price fluctuations. Technological advancements, though beneficial, require significant R&D investment, posing challenges for market players to keep pace with innovations. Despite these challenges, numerous trends are shaping the market. A growing preference for sustainable packaging solutions is evident, with manufacturers exploring bioplastics and recycled materials. The integration of smart packaging technology, including interactive and tamper-evident features, is becoming prominent, catering to tech-savvy consumers. The Saudi Arabia Caps & Closures Market is primarily dominated by the plastic segment, thanks to its cost-effectiveness and versatility, although metal closures remain relevant for premium applications. Regarding regional dominance, Riyadh leads due to its economic significance and industrial activities, with substantial demand for caps and closures. In conclusion, the Saudi Arabia Caps & Closures Market reflects a dynamic and evolving landscape. Companies engaging in sustainable practices and technological innovations are likely to thrive, addressing consumer demands and industry challenges for continued growth. Key Attributes: Report Attribute Details No. of Pages 86 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $0.84 Billion Forecasted Market Value (USD) by 2030 $1.17 Billion Compound Annual Growth Rate 5.6% Regions Covered Saudi Arabia Key Topics Covered: 1. Product Overview1.1. Market Definition1.2. Scope of the Market 2. Research Methodology2.1. Objective of the Study2.2. Baseline Methodology2.5. Sources of Research 3. Executive Summary 4. Impact of COVID-19 on Saudi Arabia Caps & Closures Market 5. Voice of Customer 6. Saudi Arabia Caps & Closures Market Overview 7. Saudi Arabia Caps & Closures Filters Market Outlook7.1. Market Size & Forecast7.2. Market Share & Forecast 8. Riyadh Caps & Closures Market Outlook8.1. Market Size & Forecast8.2. Market Share & Forecast 9. Makkah Caps & Closures Market Outlook9.1. Market Size & Forecast9.2. Market Share & Forecast 10. Madinah Caps & Closures Market Outlook10.1. Market Size & Forecast10.2. Market Share & Forecast 11. Jeddah Caps & Closures Market Outlook11.1. Market Size & Forecast11.2. Market Share & Forecast 12. Tabuk Caps & Closures Market Outlook12.1. Market Size & Forecast12.2. Market Share & Forecast 13. Eastern Province Caps & Closures Market Outlook13.1. Market Size & Forecast13.2. Market Share & Forecast 14. Rest of Saudi Arabia Caps & Closures Market Outlook14.1. Market Size & Forecast14.2. Market Share & Forecast 15. Market Dynamics15.1. Drivers15.2. Challenges 16. Market Trends and Developments 17. Company Profiles17.1. Crown Holdings, Inc17.2. Amcor Plc17.3. Ball Corporation17.4. SILGAN HOLDINGS INC.17.5. AptarGroup, Inc.17.6. Nippon Closures Co., Ltd.17.7. Sonoco Products Company17.8. Closure Systems International 18. Strategic Recommendations For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Saudi Arabian Caps & Closures Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Crown Holdings (CCK) is a Great Momentum Stock: Should You Buy?
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 momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Crown Holdings (CCK), a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Crown Holdings currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> In order to see if CCK is a promising momentum pick, let's examine some Momentum Style elements to see if this packaging company holds up. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area. For CCK, shares are up 2.55% over the past week while the Zacks Containers - Metal and Glass industry is up 3.15% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 13.79% compares favorably with the industry's 12.32% performance as well. While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Over the past quarter, shares of Crown Holdings have risen 12.75%, and are up 15.52% in the last year. In comparison, the S&P 500 has only moved -2.63% and 13.25%, respectively. Investors should also pay attention to CCK's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. CCK is currently averaging 1,399,624 shares for the last 20 days. The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with CCK. Over the past two months, 5 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost CCK's consensus estimate, increasing from $6.83 to $7.09 in the past 60 days. Looking at the next fiscal year, 4 estimates have moved upwards while there have been 1 downward revision in the same time period. Given these factors, it shouldn't be surprising that CCK is a #2 (Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Crown Holdings on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Crown Holdings, Inc. (CCK) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
1 Mid-Cap Stock to Target This Week and 2 to Avoid
Many investors pay attention to mid-cap stocks because they have established business models and expansive market opportunities. However, their paths to becoming $100 billion corporations are ripe with competition, ranging from giants with vast resources to agile upstarts eager to disrupt the status quo. These dynamics can rattle even the most seasoned professionals, which is why we started StockStory - to help you separate the good companies from the bad. Keeping that in mind, here is one mid-cap stock with huge upside potential and two that could be down big. Market Cap: $11.21 billion Formerly Crown Cork & Seal, Crown Holdings (NYSE:CCK) produces packaging products for consumer marketing companies, including food, beverage, household, and industrial products. Why Do We Think CCK Will Underperform? Constant currency revenue growth has disappointed over the past two years and shows demand was soft Anticipated sales growth of 2% for the next year implies demand will be shaky Gross margin of 20.3% reflects its high production costs Crown Holdings is trading at $97.77 per share, or 14x forward P/E. If you're considering CCK for your portfolio, see our FREE research report to learn more. Market Cap: $15.99 billion With a history dating back to 1931 and products used in over 100 countries, Baxter International (NYSE:BAX) provides essential healthcare products including dialysis therapies, IV solutions, infusion systems, surgical products, and patient monitoring technologies to hospitals and clinics worldwide. Why Do We Steer Clear of BAX? Customers postponed purchases of its products and services this cycle as its revenue declined by 10.3% annually over the last two years Weak constant currency growth over the past two years indicates challenges in maintaining its market share Earnings per share decreased by more than its revenue over the last five years, showing each sale was less profitable At $31.10 per share, Baxter trades at 12.4x forward P/E. Dive into our free research report to see why there are better opportunities than BAX. Market Cap: $22.13 billion Revolutionizing diabetes care with its tubeless "Pod" technology, Insulet (NASDAQ:PODD) develops and manufactures innovative insulin delivery systems for people with diabetes, primarily through its Omnipod product line. Why Are We Bullish on PODD? Average constant currency growth of 26.6% over the past two years demonstrates its ability to grow internationally despite currency fluctuations Incremental sales significantly boosted profitability as its annual earnings per share growth of 114% over the last five years outstripped its revenue performance Free cash flow margin increased by 21.9 percentage points over the last five years, giving the company more capital to invest or return to shareholders Insulet's stock price of $313.30 implies a valuation ratio of 71.1x forward P/E. Is now the time to initiate a position? Find out in our full research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free.
Yahoo
13-05-2025
- Business
- Yahoo
Crown Holdings, Inc. (CCK) Hits Fresh High: Is There Still Room to Run?
Have you been paying attention to shares of Crown Holdings (CCK)? Shares have been on the move with the stock up 13.7% over the past month. The stock hit a new 52-week high of $99.12 in the previous session. Crown Holdings has gained 18.3% since the start of the year compared to the -1.7% move for the Zacks Industrial Products sector and the 5% return for the Zacks Containers - Metal and Glass industry. The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on April 28, 2025, Crown reported EPS of $1.67 versus consensus estimate of $1.22. For the current fiscal year, Crown is expected to post earnings of $7.09 per share on $12.12 billion in revenues. This represents a 10.61% change in EPS on a 2.67% change in revenues. For the next fiscal year, the company is expected to earn $7.71 per share on $12.42 billion in revenues. This represents a year-over-year change of 8.69% and 2.54%, respectively. Crown may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself. On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style. Crown has a Value Score of B. The stock's Growth and Momentum Scores are C and B, respectively, giving the company a VGM Score of B. In terms of its value breakdown, the stock currently trades at 13.8X current fiscal year EPS estimates, which is not in-line with the peer industry average of 13.8X. On a trailing cash flow basis, the stock currently trades at 9.6X versus its peer group's average of 9.6X. Additionally, the stock has a PEG ratio of 1.69. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective. We also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Crown currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts. Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Crown fits the bill. Thus, it seems as though Crown shares could still be poised for more gains ahead. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Crown Holdings, Inc. (CCK) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
12-05-2025
- Business
- Yahoo
CROWN HOLDINGS, INC. ANNOUNCES PRICING OF SENIOR NOTES
TAMPA, Fla. , May 12, 2025 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) announced today that it has priced an offering of $700 million aggregate principal amount of 5.875% senior unsecured notes due 2033 issued at par by its subsidiary Crown Americas LLC. The notes will be unconditionally guaranteed by Crown and certain of its subsidiaries. Crown intends to use the net proceeds from the offering, together with cash on hand and borrowings under Crown's senior secured revolving credit facility, to repay the 4.750% senior notes due 2026, and to pay related fees and expenses. The notes would be issued through a private placement and resold by initial purchasers to persons reasonably believed to be qualified institutional buyers under Rule 144A under the Securities Act of 1933, as amended, and to non-U.S. persons under Regulation S of the Securities Act. The notes have not been registered under the Securities Act and could not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security in any jurisdiction in which such offer or sale would be unlawful. Cautionary Note Regarding Forward-Looking Statements Except for historical information, all other information in this press release consists of forward-looking statements within the meaning of the federal securities laws. These forward-looking statements involve a number of risks, uncertainties and other factors, including regarding the expected completion of the note offering and the prospective impact of the note offering and plans to repay certain indebtedness with the proceeds from the offering, any of which may cause the actual results to be materially different from those expressed or implied in the forward-looking statements. Other important factors that could cause the statements made in this press release or the actual results of operations or financial condition of Crown to differ include, without limitation, that the note offering is subject to a number of conditions and approvals. There can be no assurance that the note offering will be completed as described herein or at all. Other important factors are discussed under the caption "Forward-Looking Statements" in Crown's Form 10-K Annual Report for the year ended December 31, 2024 and in subsequent filings made prior to or after the date hereof. Crown does not intend to review or revise any particular forward-looking statement in light of future events. About Crown Holdings, Inc. Crown Holdings, Inc., through its subsidiaries, is a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment and services to a broad range of end markets. World headquarters are located in Tampa, Florida. For more information, visit For more information, contact: Thomas T. Fischer, Vice President, Investor Relations and Corporate Affairs, (215) 552-3720 View original content: SOURCE Crown Holdings, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
