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 highest price target was 117, implying a possible profit of 16.09 percent. The minimum price target given was 95, implying a possible loss of -5.74 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -7.76 percent. The average change in earnings estimates over the last 90 days is -7.76 percent. Meanwhile, fiscal year estimates have been revised downwards by -2.18 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -1.78 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, 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, while 6 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of CCI to grow at a rate of 271.38 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. 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.
In the trailing 52-weeks, CCI hit 104.68 at the highest peak, while it's lowest trading point was 79.38. Currently the stock is 26.96 percent higher than its low, and 3.73 percent lower than its 52-week high. CCI has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.