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.

Investment analysts gave a few price targets for CONE. The most optimistic price target was 73, which equates to a potential upside of 23.44 percent. The lowest price target was 44, implying a possible loss of -25.6 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 8.33 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -4.86 percent. Meanwhile, fiscal year estimates have been revised upwards by 33.33 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -52.88 percent.

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, while 2 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

CONE has traded between a high of 59.35 and a low of 38.80 over the past year. Today's price is 52.42 percent above the 52-week low, and 0.35 percent lower than its 52-week high. CONE has a price/earnings 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.