Analyst Ratings for CyrusOne Inc. (CONE)Updated: 2017-07-26
An average rating of Overweight has been given to CyrusOne Inc. (NASDAQ:CONE) by analysts covering the stock. About 30 days ago, CONE was issued an average rating of Buy.
Of the 19 analysts covering the stock, 15 gave it a buy rating, 0 gave an overweight rating, 3 gave a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for CONE. The highest price target was 73, implying potential capital gains of 23.44 percent. The most pessimistic analyst gave a price target of 44, which equates to a potential downside of -25.6 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 8.33 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -4.86 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 33.33 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -52.88 percent.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
In the last 52-weeks, CONE has achieved a high of 59.35 and a low of 38.80. The current market price is above the trailing year's low by 52.42 percent, and 0.35 percent below the high. CONE has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The CONE value stock report compares CONE to some of its peers using value stock charts. The stock has a market capitalization of $5.15 billion. CONE will post this quarters earnings in days, on 0000-00-00.