Crown Castle International Corp. (NYSE: CCI) kicked off on August 04, 2022, at the price of $178.57, down -0.08% from the previous trading day. During the day, the shares moved up to $179.5946 and dropped to $177.30 before settling in for the closing price of $178.50. Over the past 52 weeks, CCI has traded in a range of $153.70-$209.87.
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Annual sales at Real Estate sector company grew by 10.10% over the past five years. While this was happening, its average annual earnings per share was recorded 13.50%. With a float of $430.72 million, this company’s outstanding shares have now reached $433.00 million.
Let’s look at the performance matrix of the company that is accounted for 5000 employees. In terms of profitability, gross margin is +42.98, operating margin of +31.91, and the pretax margin is +18.60.
Crown Castle International Corp. (CCI) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the REIT – Specialty Industry. The insider ownership of Crown Castle International Corp. is 0.40%, while institutional ownership is 92.30%. The most recent insider transaction that took place on Jul 22, was worth 121,344. In this transaction Director of this company bought 699 shares at a rate of $173.60, taking the stock ownership to the 10,703 shares. Before that another transaction happened on May 03, when Company’s Vice President and Controller sold 1,000 for $185.44, making the entire transaction worth $185,435. This insider now owns 10,082 shares in total.
Crown Castle International Corp. (CCI) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/29/2022, the organization reported $0.97 earnings per share (EPS), higher than consensus estimate (set at $0.96) by $0.01. This company achieved a net margin of +16.31 while generating a return on equity of 11.67. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.00% during the next five years compared to 22.90% growth over the previous five years of trading.
Crown Castle International Corp. (NYSE: CCI) Trading Performance Indicators
Take a look at Crown Castle International Corp.’s (CCI) current performance indicators. Last quarter, stock had a quick ratio of 0.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.56, a number that is poised to hit 0.97 in the next quarter and is forecasted to reach 3.94 in one year’s time.
Technical Analysis of Crown Castle International Corp. (CCI)
Crown Castle International Corp. (NYSE: CCI) saw its 5-day average volume 1.22 million, a negative change from its year-to-date volume of 1.79 million. As of the previous 9 days, the stock’s Stochastic %D was 68.78%. Additionally, its Average True Range was 3.86.
During the past 100 days, Crown Castle International Corp.’s (CCI) raw stochastic average was set at 53.27%, which indicates a significant decrease from 71.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.72% in the past 14 days, which was lower than the 29.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $174.83, while its 200-day Moving Average is $181.27. Nevertheless, the first resistance level for the watch stands at $179.53 in the near term. At $180.71, the stock is likely to face the second major resistance level. The third major resistance level sits at $181.82. If the price goes on to break the first support level at $177.24, it is likely to go to the next support level at $176.12. The third support level lies at $174.94 if the price breaches the second support level.
Crown Castle International Corp. (NYSE: CCI) Key Stats
The company with the Market Capitalisation of 74.18 billion has total of 433,032K Shares Outstanding. Its annual sales at the moment are 6,340 M in contrast with the sum of 1,096 M annual income. Company’s last quarter sales were recorded 1,734 M and last quarter income was 421,000 K.