Crown Castle International Corp. (REIT) (NYSE:CCI) went up by 0.41% from its latest closing price compared to the recent 1-year high of $199.00. The company’s stock price has collected 0.91% of gains in the last five trading sessions. Press Release reported on 05/28/21 that Crown Castle to Present at Nareit’s REITweek: 2021 Virtual Investor Conference
Is It Worth Investing in Crown Castle International Corp. (REIT) (NYSE :CCI) Right Now?
Crown Castle International Corp. (REIT) (NYSE:CCI) scored a price-to-earnings ratio above its average ratio, recording 87.99 x from its present earnings ratio. Plus, the 36-month beta value for CCI is at 0.38. Opinions of the stock are interesting as 12 analysts out of 21 who provided ratings for Crown Castle International Corp. (REIT) declared the stock was a “buy,” while 0 rated the stock as “overweight,” 8 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $196.42, which is -$1.92 below the current price. CCI currently public float of 429.77M and currently shorts hold a 0.88% ratio of that float. Today, the average trading volume of CCI was 1.79M shares.
CCI’s Market Performance
CCI stocks went up by 0.91% for the week, with a monthly jump of 7.59% and a quarterly performance of 29.72%, while its annual performance rate touched 13.05%. The volatility ratio for the week stands at 1.18% while the volatility levels for the past 30 days are set at 1.44% for Crown Castle International Corp. (REIT). The simple moving average for the period of the last 20 days is 5.01% for CCI stocks with a simple moving average of 18.27% for the last 200 days.
Analysts’ Opinion of CCI
Jefferies, on the other hand, stated in their research note that they expect to see CCI reach a price target of $205. The rating they have provided for CCI stocks is “Buy” according to the report published on April 12th, 2021.
KeyBanc Capital Markets gave a rating of “Overweight” to CCI, setting the target price at $193 in the report published on March 26th of the current year.
CCI Trading at 7.46% from the 50-Day Moving Average
After a stumble in the market that brought CCI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.96% of loss for the given period.
Volatility was left at 1.44%, however, over the last 30 days, the volatility rate increased by 1.18%, as shares surge +8.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.60% upper at present.
During the last 5 trading sessions, CCI rose by +0.91%, which changed the moving average for the period of 200-days by +20.79% in comparison to the 20-day moving average, which settled at $188.44. In addition, Crown Castle International Corp. (REIT) saw 23.81% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CCI starting from Collins Robert Sean, who sale 700 shares at the price of $188.67 back on May 27. After this action, Collins Robert Sean now owns 6,299 shares of Crown Castle International Corp. (REIT), valued at $132,072 using the latest closing price.
Stephens Kevin A, the Director of Crown Castle International Corp. (REIT), purchase 310 shares at $181.53 during a trade that took place back on May 14, which means that Stephens Kevin A is holding 5,487 shares at $56,273 based on the most recent closing price.
Stock Fundamentals for CCI
Current profitability levels for the company are sitting at:
- +33.34 for the present operating margin
- +38.75 for the gross margin
The net margin for Crown Castle International Corp. (REIT) stands at +18.08. The total capital return value is set at 5.62, while invested capital returns managed to touch 3.09. Equity return is now at value 9.60, with 2.30 for asset returns.
Based on Crown Castle International Corp. (REIT) (CCI), the company’s capital structure generated 268.65 points at debt to equity in total, while total debt to capital is 72.87. Total debt to assets is 65.56, with long-term debt to equity ratio resting at 263.81. Finally, the long-term debt to capital ratio is 71.56.
When we switch over and look at the enterprise to sales, we see a ratio of 15.87, with the company’s debt to enterprise value settled at 0.27. The receivables turnover for the company is 3.03 and the total asset turnover is 0.15.