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.

Several price targets were given for CCI by the analysts covering the stock. The highest price target was 117, implying potential capital gains of 16.09 percent. The most pessimistic price target was 95, which equates to a potential downside of -5.74 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.

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. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 6 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY 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. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. 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. The current market price is above the trailing year's low by 26.96 percent, 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.