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 maximum price target given was 117, implying a possible profit of 16.09 percent. The most pessimistic analyst gave a price target of 95, implying a possible loss of -5.74 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates downwards for this quarter, by about -7.76 percent on average, compared to last month. That number becomes -7.76 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -2.18 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.78 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 6 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 6 analysts that revised their FY estimates downwards.
CCI has an estimated earnings growth rate of 271.38 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. CCI has a PEG ratio of 0.3.
CCI has a 52-week high of 104.68 and a 52-week low of 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 stock has a market capitalization of $40.34 billion. CCI's next earnings release will be on 0000-00-00, which is days away.