Crown Castle Inc [CCI] stock prices are up 0.60% to $103.11 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CCI shares have gain 5.09% over the last week, with a monthly amount glided 6.92%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Crown Castle Inc [NYSE: CCI] stock has seen the most recent analyst activity on April 19, 2024, when Argus downgraded its rating to a Hold. Previously, BMO Capital Markets upgraded its rating to Market Perform on January 19, 2024, and elevated its price target to $110. On December 14, 2023, HSBC Securities initiated with a Hold rating and assigned a price target of $110 on the stock. Wells Fargo upgraded its rating to a Equal Weight and increased its price target to $115 on December 05, 2023. RBC Capital Mkts downgraded its rating to a Sector Perform and reduced its price target to $100 on October 16, 2023. Scotiabank started tracking with a Sector Perform rating for this stock on October 13, 2023, and assigned it a price target of $110. In a note dated August 10, 2023, BofA Securities downgraded an Neutral rating on this stock but restated the target price of $115.
The stock price of Crown Castle Inc [CCI] has been fluctuating between $84.72 and $119.50 over the past year. Currently, Wall Street analysts expect the stock to reach $149 within the next 12 months. Crown Castle Inc [NYSE: CCI] shares were valued at $103.11 at the most recent close of the market. An investor can expect a potential return of 44.51% based on the average CCI price forecast.
Analyzing the CCI fundamentals
The Crown Castle Inc [NYSE:CCI] reported sales of 6.85B for trailing twelve months, representing a drop of -7.45%. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.34%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.21 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.88.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 102.37 points at the first support level, and at 101.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 103.93, and for the 2nd resistance point, it is at 104.75.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 6.54, the price to book ratio is 7.42 and price to earnings (TTM) ratio is 32.16.
Transactions by insiders
Recent insider trading involved Genrich Jason, Director, that happened on Apr 02 ’24 when 18.0 shares were purchased. Vice President and Controller, Collins Robert Sean completed a deal on Mar 05 ’24 to sell 3250.0 shares. Meanwhile, Director Genrich Jason bought 99.0 shares on Jan 18 ’24.
