Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Crown Castle Inc (NYSE: CCI) closed the day trading at $87.50 up 0.05% from the previous closing price of $87.46. In other words, the price has increased by $0.05 from its previous closing price. On the day, 3.43 million shares were traded. CCI stock price reached its highest trading level at $87.53 during the session, while it also had its lowest trading level at $85.961.
Ratios:
For a better understanding of CCI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 103.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.32. In the meantime, Its Debt-to-Equity ratio is 5.60 whereas as Long-Term Debt/Eq ratio is at 5.42.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on January 02, 2025, Downgraded its rating to Hold and sets its target price to $84 from $127 previously.
On December 10, 2024, Wells Fargo Downgraded its rating to Underweight which previously was Equal Weight and also lowered its target price recommendation from $105 to $100.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 09 ’24 when PATEL SUNIT S sold 42 shares for $98.80 per share. The transaction valued at 4,150 led to the insider holds 2,919 shares of the business.
Kelley Philip M bought 47,774 shares of CCI for $5,359,489 on Aug 05 ’24. On Jul 23 ’24, another insider, Kavanagh Michael Joseph, who serves as the EVP & COO-Towers of the company, sold 10,883 shares for $103.72 each. As a result, the insider received 1,128,839 and left with 75,127 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CCI now has a Market Capitalization of 38027325440 and an Enterprise Value of 67469344768. As of this moment, Crown’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.04, and their Forward P/E ratio for the next fiscal year is 32.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.77 while its Price-to-Book (P/B) ratio in mrq is 7.19. Its current Enterprise Value per Revenue stands at 10.233 whereas that against EBITDA is 16.893.
Stock Price History:
Over the past 52 weeks, CCI has reached a high of $120.92, while it has fallen to a 52-week low of $87.26. The 50-Day Moving Average of the stock is -12.51%, while the 200-Day Moving Average is calculated to be -15.88%.
Shares Statistics:
Over the past 3-months, CCI traded about 2.89M shares per day on average, while over the past 10 days, CCI traded about 2527600 shares per day. A total of 435.00M shares are outstanding, with a floating share count of 433.23M. Insiders hold about 0.31% of the company’s shares, while institutions hold 94.54% stake in the company. Shares short for CCI as of 1734048000 were 7311489 with a Short Ratio of 2.53, compared to 1731628800 on 6693588. Therefore, it implies a Short% of Shares Outstanding of 7311489 and a Short% of Float of 1.9299999.
Dividends & Splits
CCI’s forward annual dividend rate is 6.26, up from 6.26 a year ago. Against a Trailing Annual Dividend Yield of 0.07157558The stock’s 5-year Average Dividend Yield is 4.14.
