In the past 52-week period, shares of Crown Castle International Corp. (NYSE:CCI) have moved within the range of $79.38 to $114.84. On the stock’s most recent trading day, the company’s shares ended the regular session at $111.76, which is 2.68% lower than its 52-week high.
Crown Castle International Corp. (CCI) has demonstrated a 20-day simple moving average (SMA) of 7.29%, and a 50-day SMA of 7.62%. This public company’s current market capitalization stands at $45.35 billion.
Analyzing Consensus Estimates, Sales Revenue and Net Income
Understanding Wall Street analyst’s enthusiasm for a particular stock is crucial when considering entering a position. According to the latest data, the consensus recommendation for Crown Castle International Corp. (CCI) is Outperform.
When it comes to sales data, public companies usually post revenue and earnings that are either higher or lower than the average Wall Street forecast. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Crown Castle International Corp. (CCI) delivered a 0.23% surprise with its net revenue. Sales reached $1.06 billion during the three-month period, compared to the average analyst estimate of $1.07 billion.
Meanwhile, during the same quarter Crown Castle International Corp. (CCI) delivered a 11.73% earnings surprise. Net earnings for the quarter were posted at $0.21 per share, whereas Wall Street had forecast $0.24 per share.
Ownership at Crown Castle International Corp. (CCI), According to Most Recent SEC Filings
A public company’s latest 13F filings tell investors important details about institutional ownership. Crown Castle International Corp. (CCI) has 0.41 billion shares outstanding currently, 85.79% of which belong to institutional investors. Those institutional holdings amount to $38.97 billion.
Additionally, according to the most recent 13F filing from Crown Castle International Corp. (CCI), there were 78 new positions totaling 5,324,473 shares of the company’s stock. There were 56 sold out positions, on the other hand, totaling 1,836,216 shares.
Short, Medium and Long Term Indicators
Examining a stock’s average volume in the short, medium and long term is useful to understand trading activity and investor sentiment. Crown Castle International Corp. (CCI) has had a 20-day average volume of 2,663,965 shares, with an average of 100% of short term indicators pointed at Buy.
The stock’s 50-day average volume has been 2,348,860 shares, with an average of 100% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 2,773,885 shares with 100% of long-term indicators pointing to Buy.