Analyst Ratings for Crown Castle International Corp. (CCI)Updated: 2017-07-28
Crown Castle International Corp. (NYSE:CCI) was awarded an average rating of Overweight from investment analysts following the stock. Last month, CCI received an average rating of Overweight.
21 analysts issued ratings on the stock, where 13 gave CCI a buy rating, 0 gave an overweight rating, 8 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 2 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
CCI was given price targets by several analysts. The most optimistic price target was 117, implying potential capital gains of 16.09 percent. The lowest price target was 95, implying potential capital losses of -5.74 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 downwards for this quarter, by about -7.76 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 -7.76 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -2.18 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.78 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 6 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 6 analysts that revised their FY estimates downwards.
Analysts estimate earnings of CCI to grow at a rate of 271.38 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CCI is 0.3.
In the trailing 52-weeks, CCI hit 104.68 at the highest peak, while it's lowest trading point was 79.38. Today's price is 26.96 percent above the 52-week low, and 3.73 percent below the high. CCI has a P/E ratio of 80.33. Investors typically compare the P/E ratio to a company's peers in the industry. The CCI value stock report compares CCI to some of its peers using value stock charts. The market cap of CCI is $40.34 billion. CCI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.