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 maximum price target given was 73, implying potential capital gains of 23.44 percent. The minimum price target given was 44, which equates to a potential downside of -25.6 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 8.33 percent. The average change in earnings estimates over the last 90 days 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. If we look at the last 90 days instead, we find a net average change of -52.88 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

In the trailing 52-weeks, CONE hit 59.35 at the highest peak, while it's lowest trading point was 38.80. Currently the stock is 52.42 percent higher than its low, 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 market cap of CONE is $5.15 billion. CONE's next earnings release will be on 0000-00-00, which is days away.