The stock of Crown Castle Inc. (NYSE: CCI) has increased by 1.35 when compared to last closing price of 110.92. Despite this, the company has experienced a -1.38% fall in its stock price over the last five trading sessions. Barron’s reported on 11/17/22 that Cell-Tower REITs Could Climb 20%. Here Are 3 to Buy Now.
Is It Worth Investing in Crown Castle Inc. (NYSE: CCI) Right Now?
Crown Castle Inc. (NYSE: CCI) has a higher price-to-earnings ratio of 28.79x compared to its average ratio, and the 36-month beta value for CCI is at 0.67. Analysts have varying views on the stock, with 8 analysts rating it as a “buy,” 1 rating it as “overweight,” 8 as “hold,” and 2 as “sell.”
25-cent Stock Takes $11T Commodities Sector Digital
One brilliantly-run technology firm has successfully partnered with some of the largest players in the industry to bring a first-of-its-kind digital solution to the global commodities supply chain sector. Best of all, this upstart technology firm is currently trading undiscovered — below 25-cents per share — so very, very few investors know about it yet! For investors… it's an early-stage opportunity in a company that's bringing the US$11T global commodities sector straight into the 21st century.
All the details are in the FREE online report you can get here.
Sponsored
The average price suggested by analysts for CCI is $150.06, which is $36.65 above the current market price. The public float for CCI is 430.78M, and currently, shorts hold a 0.95% of that float. The average trading volume for CCI on May 25, 2023 was 2.11M shares.
CCI’s Market Performance
CCI’s stock has seen a -1.38% decrease for the week, with a -6.43% drop in the past month and a -14.29% fall in the past quarter. The volatility ratio for the week is 2.24%, and the volatility levels for the past 30 days are at 2.43% for Crown Castle Inc. The simple moving average for the last 20 days is -3.59% for CCI stock, with a simple moving average of -19.70% for the last 200 days.
CCI Trading at -9.88% 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 -41.47% of loss for the given period.
Volatility was left at 2.43%, however, over the last 30 days, the volatility rate increased by 2.24%, as shares sank -8.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.29% lower at present.
During the last 5 trading sessions, CCI fell by -1.39%, which changed the moving average for the period of 200-days by -37.51% in comparison to the 20-day moving average, which settled at $116.08. In addition, Crown Castle Inc. saw -17.12% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CCI starting from Stephens Kevin A, who purchase 1,000 shares at the price of $118.00 back on May 02. After this action, Stephens Kevin A now owns 15,416 shares of Crown Castle Inc., valued at $117,996 using the latest closing price.
Nichol Laura B, the EVP – Business Support of Crown Castle Inc., sale 5,000 shares at $120.97 during a trade that took place back on Apr 27, which means that Nichol Laura B is holding 16,782 shares at $604,850 based on the most recent closing price.
Stock Fundamentals for CCI
Current profitability levels for the company are sitting at:
- +35.23 for the present operating margin
- +46.36 for the gross margin
The net margin for Crown Castle Inc. stands at +23.98. The total capital return value is set at 6.96, while invested capital returns managed to touch 4.85. Equity return is now at value 22.10, with 4.30 for asset returns.
Based on Crown Castle Inc. (CCI), the company’s capital structure generated 375.35 points at debt to equity in total, while total debt to capital is 78.96. Total debt to assets is 71.84, with long-term debt to equity ratio resting at 359.66. Finally, the long-term debt to capital ratio is 75.66.
When we switch over and look at the enterprise to sales, we see a ratio of 10.92, with the company’s debt to enterprise value settled at 0.32. The receivables turnover for the company is 2.78 and the total asset turnover is 0.18.
Conclusion
In conclusion, Crown Castle Inc. (CCI) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
