Crown Castle International Corp. (REIT) (NYSE:CCI) went down by -0.52% from its latest closing price compared to the recent 1-year high of $204.62. The company’s stock price has collected -2.65% of loss in the last five trading sessions. Press Release reported on 10/06/21 that Crown Castle Announces Third Quarter 2021 Earnings Conference Call Details
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 65.35 x from its present earnings ratio. Plus, the 36-month beta value for CCI is at 0.43. Opinions of the stock are interesting as 11 analysts out of 22 who provided ratings for Crown Castle International Corp. (REIT) declared the stock was a “buy,” while 0 rated the stock as “overweight,” 9 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $199.95, which is $31.49 above the current price. CCI currently public float of 429.73M and currently shorts hold a 1.21% ratio of that float. Today, the average trading volume of CCI was 1.44M shares.
CCI’s Market Performance
CCI stocks went down by -2.65% for the week, with a monthly drop of -10.32% and a quarterly performance of -16.05%, while its annual performance rate touched 1.75%. The volatility ratio for the week stands at 1.96% while the volatility levels for the past 30 days are set at 1.83% for Crown Castle International Corp. (REIT). The simple moving average for the period of the last 20 days is -4.98% for CCI stocks with a simple moving average of -5.56% for the last 200 days.
Analysts’ Opinion of CCI
Many brokerage firms have already submitted their reports for CCI stocks, with Wolfe Research repeating the rating for CCI by listing it as a “Underperform.” The predicted price for CCI in the upcoming period, according to Wolfe Research is $162 based on the research report published on October 13th of the current year 2021.
CCI Trading at -9.64% 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 -17.06% of loss for the given period.
Volatility was left at 1.83%, however, over the last 30 days, the volatility rate increased by 1.96%, as shares sank -10.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.86% lower at present.
During the last 5 trading sessions, CCI fell by -2.65%, which changed the moving average for the period of 200-days by +8.62% in comparison to the 20-day moving average, which settled at $177.66. In addition, Crown Castle International Corp. (REIT) saw 6.61% 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 SCHLANGER DANIEL K, who sale 10,800 shares at the price of $194.33 back on Aug 03. After this action, SCHLANGER DANIEL K now owns 70,011 shares of Crown Castle International Corp. (REIT), valued at $2,098,732 using the latest closing price.
MARTIN J LANDIS, the Director of Crown Castle International Corp. (REIT), purchase 7,000 shares at $191.50 during a trade that took place back on Jul 26, which means that MARTIN J LANDIS is holding 14,700 shares at $1,340,477 based on the most recent closing price.
Stock Fundamentals for CCI
Current profitability levels for the company are sitting at:
- +27.14 for the present operating margin
- +39.14 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 4.57, while invested capital returns managed to touch 3.09. Equity return is now at value 11.60, with 2.70 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.