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.
Investment analysts gave a few price targets for CCI. The maximum price target given was 117, implying potential capital gains of 16.09 percent. The lowest price target was 95, implying potential capital losses 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. 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. 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. 0 analysts made positive revisions to their quarterly estimates over the past month, while 6 analysts made negative revisions. 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.
The growth rate of CCI's earnings is estimated by analysts to be 271.38 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. CCI has a PEG ratio of 0.3.
CCI has traded between a high of 104.68 and a low of 79.38 over the past year. The current market price is above the trailing year's low by 26.96 percent, 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.