Analyst Estimates

Recommendations and Price Target Estimates: Crown Castle International Corp (NYSE:CCI)

Crown Castle International Corp (NYSE:CCI) soared 0.48% during previous trade, a total of 6.47M shares exchanged hands compared with its average trading volume of 2.54M shares whereas its relative volume is 2.73. The stock has a market capitalization of $30.79B along with 337.56M outstanding shares. Stock’s intraday price range hit the peak level of $91.69 and touched the lowest level of $87.96.

Most recently Crown Castle International Corp (NYSE:CCI)’s price target was revised on 11/1/16 and according to 16 analysts stock’s price will reach at $105.13 during 52 weeks with standard deviation of 3.18. Stock’s minimum price target estimates has been figured out at $84 while the maximum price target forecast is established at $112, if we look at the price target with an optimistic approach it has upside potential of 27% from its latest closing price of $91.22.

Historically, if we look at price target revisions, three weeks ago Crown Castle International Corp (NYSE:CCI)’s price target was revised on 9/29/16 by the analysts, however the bullish price estimates of the stock set at $110 while the bearish estimates kept at $100 over the next one year. Stock’s 52-week target was retained at $105.75, the estimates indicates a standard deviation of 3.14.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.79. ABR value is precisely based on brokerage recommendations, where out of 14 brokerage recommendations 7 rate Crown Castle International Corp (NYSE:CCI) stock a Strong Buy, 3 rate the stocks of the company a Buy, 4 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 7/11/16 the stock of Crown Castle International Corp (NYSE:CCI) downgraded by Citigroup from Buy to Neutral. However previously on 7/22/15 it was upgraded by Citigroup from Neutral to Buy. A research note issued on 4/24/15 the stock was upgraded by Raymond James  from Mkt Perform to Outperform.

Crown Castle International Corp (NYSE:CCI) performance over the past one year advanced 4.39% whereas its year to date (YTD) performance indicated a bullish trend of 4.73%. During the last six months the stock rose 1.89%. Quarterly performance of the company shows declining momentum of -8.38% while its last one month trend is negative with -3.26%. Stock’s weekly performance expressed down trend of -5%.

The company’s price sits -5.13% below from its 50-day moving average of $91.98 and -2.15% below from the stock’s 200-day moving average which is 93.59. Crown Castle International Corp (NYSE:CCI)’s shares are currently trading -13.68% away from the 52-week high price of $101.83 and +19.59% far from the 52-week low price of $73.50.

According to consensus agreement of 10 analysts Crown Castle International Corp (NYSE:CCI) will report earnings per share of $1.18 in their quarterly report and it is expected to announce the company’s results on 1/25/17 After Market Close/Before Market Open. For the current quarter the company has high EPS estimates of $1.22 in contradiction of low EPS estimates of $1.15. However a year ago for the same quarter the company has reported $1.11 EPS. Current year EPS projections for Crown Castle International Corp (NYSE:CCI) set at $4.74 according to the sentiments of 12 analysts, while its lowest earnings estimates are $4.72 and highest earnings estimates are $4.76.

According to 12 analysts, Crown Castle International Corp (NYSE:CCI)’s revenue estimates for the current quarter are $986.96M meanwhile the company has high revenue estimates of $997.9M in contradiction of low revenue estimates of $974.1MB. For the current year the company’s revenue estimates are $3.87B compared to low analyst estimates of $3.86B and high estimates of $3.89B according to the projection of 15 analysts.

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