CCI stock: buy or sell?

CCI stock price: $146.14 0.67% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

5

After marking all time highs today, Crown Castle International inched 0.67% to $146.14.

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 60,000 route miles of fiber supporting small cells and fiber solutions across every major U.

Should I buy CCI stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to choose your own trading strategy that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, 2 buy setups work for Crown Castle International stock now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Crown Castle International stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we gathered 10 ratings published for CCI stock in the last 30 days.

The general sentiment of these ratings is bullish for CCI stock, with 7 positive ratings.
Is CCI a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-14Bank of AmericaBuyBuy
2019-8-1JPMorgan Chase & Co.NeutralOverweight
2019-5-20Morgan Stanleyn/aOverweight
2019-4-15Wells Fargo & Con/aOutperform
2019-4-11UBS GroupBuyNeutral
2019-3-19Bank of American/aBuy
2019-3-11Morgan StanleyOverweightOverweight
2019-2-12MacquarieOutperformNeutral
2019-1-3Raymond JamesMarket PerformOutperform
2019-1-14Goldman Sachs GroupBuyNeutral

CCI stock analysis

Daily outlook

After several days of continuous rises in past weeks, Crown Castle International inched 0.67% to $146.14.

Crown Castle International inched 0.67% today to $146.14 after reaching all time highs today. CCI shows a sign of strength in the short-term after finally breaking out above $142.24 on Aug/13 and marking a new rising bottom. On July/23 CCI price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock. Today, CCI hit new all time highs, pushing higher previous ATH of $145.72 recorded yesterday. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

CCI stock chart (daily)

Weekly outlook

Crown Castle International stepped up 2.25% this week and touched a new all time high at $146.30. This week was the 5th green week in a row. By mid July CCI collapsed a frightening -5.61% in just one week.

CCI shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom by mid July, CCI climbed unceasignly breaking out to new all time highs. Late December 2018 CCI price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since late December 2018 when SMA10w and SMA20w crossed up, CCI price gained $41.77 per share (40.02%).

CCI stock chart (weekly)

CCI stock price history

CCI stock went public on August 18th, 1998 with a price of $10.531. Since then, CCI stock surged a 1,287.80%, with a yearly average of 61.30%. If you had invested right after CCI's IPO a $1,000 in CCI stock in 1998, it would worth $12,878.00 today.

1: Adjusted price after possible price splits or reverse-splits.

CCI stock historical price chart

CCI stock reached all-time highs today with a price of $146.30.

CCI stock price target is $140.50

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' CCI stock price predictions in the hope that they will be met as they may be wrong and not met. We found 6 price targets for CCI stock published in the last month:
CCI stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-14Bank of AmericaReiterates$133.00$151.0013.5%
2019-8-1JPMorgan Chase & Co.Upgrades$125.00$150.0020%
2019-5-20Morgan StanleyRaises Target$129.00$138.007%
2019-4-15Wells Fargo & CoReiterates$129.00$142.0010.1%
2019-3-19Bank of AmericaRaises Target$119.00$133.0011.8%
2019-3-11Morgan StanleyRaises Target$120.00$129.007.5%
(in average)$125.80$140.5012.0%
The price prediction for Crown Castle International stock is $140.50, moving in a range between $151.00 and $129.00. In average, analysts' outlook on CCI price forecast is positive, improving the prediction by a 12.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report on April, Crown Castle International climbed a dazzling 18.26%. Unfortunately, reported EPS is not yet available in our database.
CCI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q42018-01-240.240.17-29.2%
2018-Q12018-04-181.261.367.9%
2018-Q22018-07-181.271.313.1%
2018-Q32018-10-171.321.395.3%
2018-Q42019-01-231.381.422.9%
2019-Q12019-04-160.4n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Crown Castle International annual sales boosted a dazzling 24.49% to $5,423.00 M dollars from $4,356.00 marked in 2017. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) stepped up a 2.16% to 12.37%.

To have an updated view of the financial situation of Crown Castle International, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Crown Castle International TTM sales up to March 2019 were $5,550.00 and income was $767.00 M USD. When comparing this TTM figures with the last reported annuality, we can esteem Crown Castle International business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, inched a slightly fine 2.34%. Nevertheless, profit margin (net income/sales) appreciated at 12.37%.

CCI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$2,990 M-$90 M3.0%-
2014$3,690 M23.41%$391 M10.6%333.37%
2015$3,664 M-0.71%$1,521 M41.5%289.49%
2016$3,921 M7.02%$357 M9.1%-76.53%
2017$4,356 M11.09%$445 M10.2%24.66%
2018$5,423 M24.49%$671 M12.4%50.79%
TTM $5,550 M2.34%$767 M13.8%14.31%

Quarterly financial results

Crown Castle International posted $1,426.00 M in sales for 2019-Q1, a 0.49% up compared to previous quarter. Reported quarter earnings marked $210.00 M with a profit margin of 14.73%. Profit margin remained steady a -0.28% compared to previous quarter when profit margin was 15.01%. When comparing revenues to same quarter last year, Crown Castle International sales marked an impressive increase and rose a 9.78%. Looking back to recent quarterly results, Crown Castle International posted 7 negative quarters in a row.
CCI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$1,040 M-$112 M10.8%-
2017-Q3$1,060 M1.92%$115 M10.9%2.75%
2017-Q4$1,238 M16.75%$99 M8.0%-14.45%
2018-Q1$1,299 M4.96%$114 M8.8%15.68%
2018-Q2$1,330 M2.39%$180 M13.5%57.89%
2018-Q3$1,375 M3.38%$164 M11.9%-8.89%
2018-Q4$1,419 M3.20%$213 M15.0%29.88%
2019-Q1$1,426 M0.49%$210 M14.7%-1.41%

Crown Castle International ownership

When you are planning to buy a stock, it's worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Crown Castle International, 0.38% of all outstanding shares are owned by its staff.

Bearish positions for CCI stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related companies:

CCIAMTCHLRCISBAC
Market cap$60.8 B$100.7 B$174.5 B$20.3 B$29.5 B
Total shares415.7 M442.7 M4,100.0 M402.4 M113.3 M
Float shares413.7 M441.1 M1,120.0 M364.4 M112.1 M
  - Institutional holdings (%)94.5%95.7%2.1%0.0%96.2%
  - Insider holdings (%)0.4%0.2%0.0%0.0%1.3%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

CCI summary

Thursday, August 22nd, 2019
Open$145.24
Close$146.14
Day range$144.10 - $146.30
Previous close$145.17
Session gain0.67%
Average true range$2.89
50d mov avg$134.98
100d mov avg$130.64
200d mov avg$121.83
Daily patternlb02c
Weekly pattern lb03c

Crown Castle International performance

To better understand Crown Castle International performance you must compare its gains with other related stocks in same sector or industry. In the following table, we compare Crown Castle International to American Tower, China Mobile (Hong Kong), Rogers Communication, SBA Communications, Telephone and Data Systems and Vodafone:
Stock3m6m12m
CCICrown Castle Inte...15.28%24.06%34.83%
AMTAmerican Tower12.49%29.88%56.65%
CHLChina Mobile (Hon...-6.69%-19.22%-4.53%
RCIRogers Communicat...-3.88%-8.03%-0.65%
SBACSBA Communication...24.76%42.66%66.90%
TDSTelephone and Dat...-19.03%-23.45%-17.19%
VODVodafone17.11%1.51%-15.62%

Crown Castle International competitors

One check before investing in any stock is to review a list of its competitors, in this case for Crown Castle International. We chose 6 companies as Crown Castle International competitors as they are in the same industry or have similar market objectives.