Crown Castle Inc (NYSE: CCI) on Monday, plunged -1.95% from the previous trading day, before settling in for the closing price of $112.38. Within the past 52 weeks, CCI’s price has moved between $84.72 and $120.92.
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During the last 5-year period, the sales growth of Real Estate Sector giant was 5.54%. The company achieved an average annual earnings per share of -27.78%. With a float of $433.45 million, this company’s outstanding shares have now reached $434.00 million.
Let’s determine the extent of company efficiency that accounts for 4700 employees. In terms of profitability, gross margin is 65.13%, operating margin of 32.93%, and the pretax margin is 18.99%.
Crown Castle Inc (CCI) Insider Activity
Observing investor behavior towards REIT – Specialty industry stocks is more important than anything else. The insider ownership of Crown Castle Inc is 0.36%, while institutional ownership is 92.63%. The most recent insider transaction that took place on May 09 ’24, was worth 4,150. In this transaction Director of this company sold 42 shares at a rate of $98.80, taking the stock ownership to the 2,919 shares. Before that another transaction happened on Aug 05 ’24, when Company’s Officer proposed sale 47,774 for $112.18, making the entire transaction worth $5,359,489.
Crown Castle Inc (CCI) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.83 earnings per share (EPS) for the period topping the consensus outlook (set at 0.75) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.66 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -27.78% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -2.57% during the next five years compared to 23.06% growth over the previous five years of trading.
Crown Castle Inc (NYSE: CCI) Trading Performance Indicators
Crown Castle Inc (CCI) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.27. Likewise, its price to free cash flow for the trailing twelve months is 29.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.82, a number that is poised to hit 0.52 in the next quarter and is forecasted to reach 2.72 in one year’s time.
Technical Analysis of Crown Castle Inc (CCI)
Looking closely at Crown Castle Inc (NYSE: CCI), its last 5-days average volume was 2.66 million, which is a jump from its year-to-date volume of 2.63 million. As of the previous 9 days, the stock’s Stochastic %D was 28.46%. Additionally, its Average True Range was 2.54.
During the past 100 days, Crown Castle Inc’s (CCI) raw stochastic average was set at 59.43%, which indicates a significant increase from 5.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.90% in the past 14 days, which was higher than the 21.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $113.98, while its 200-day Moving Average is $106.19. However, in the short run, Crown Castle Inc’s stock first resistance to watch stands at $112.23. Second resistance stands at $114.26. The third major resistance level sits at $115.40. If the price goes on to break the first support level at $109.06, it is likely to go to the next support level at $107.92. Should the price break the second support level, the third support level stands at $105.89.
Crown Castle Inc (NYSE: CCI) Key Stats
Market capitalization of the company is 47.93 billion based on 434,523K outstanding shares. Right now, sales total 6,981 M and income totals 1,502 M. The company made 1,626 M in profit during its latest quarter, and 251,000 K in sales during its previous quarter.
