CCI stock: buy or sell?

CCI stock price: $149.90 0.08% At close on January 24th, 2020

Updated on:
January 24th, 2020

5

Crown Castle International topped new all time highs back again on Jan/24, marking to $150.71. Shares ended at $149.90 and remained steady 0.08%. January/24 was the 5th green session in a row, soaring 3.24%.

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?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. 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 right 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?

Financial institutions and banks post stock ratings everyday. At Stocks2.com, we collected 10 ratings published for CCI stock in the last month.

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
2019-9-9Citigroupn/aNeutral
2019-9-19Morgan Stanleyn/aOverweight
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

CCI stock analysis

Daily outlook

Crown Castle International remained stable 0.08% to $149.90 after marking all time highs on January/24.

Crown Castle International shares topped new all time highs again on Jan 24th, setting highs to $150.71. Shares closed at $149.90 and remained stable 0.08%. On December CCI price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. Since SMA50d and SMA100d crossed up on Jan 24th, CCI price climbed $0.12 per share (0.08%).

CCI stock chart (daily)

Weekly outlook

Crown Castle International ended this week at $149.90 after topping to a new all time high ($150.71) and escalated a great 3.20%. By mid December 2019 CCI boosted an extraordinary 6.56% in just one week.

Price pattern shows an uptrend with two rising tops and bottoms, and now finally trading above the $142.83 resistance. Since price and SMA40w lines crossed up by mid November 2019, CCI climbed $20.26 (15.63%). Since last week when SMA10w and SMA20w crossed up, CCI price gained $7.50 per share (5.27%).

CCI stock chart (weekly)

CCI stock price history

CCI stock went public on August 18th, 1998 with a price of $10.351. Since then, CCI stock grew a 1,348.30%, with an average of 64.20% per year. If you had invested $1,000 in CCI stock in 1998, it would worth $13,483.00 today.

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

CCI stock historical price chart

CCI stock reached all-time highs on Jan/24 with a price of $150.71.

CCI stock price target is $141.30

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We have 8 price targets for Crown Castle International stock published in the last 30 days:
CCI stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-9CitigroupLowers Target$144.00$138.00-4.2%
2019-9-19Morgan StanleyRaises Target$138.00$149.008%
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)$129.60$141.309.0%
The price target for Crown Castle International stock is $141.30, moving in a range between $151.00 and $129.00. In average, analysts' outlook on CCI price target is positive, improving the prediction by a 9.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since April, when Crown Castle International presented its last earnings report, it . 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

Compared to 2017, last anual sales report draw an extraordinary growth of 24.49% to $5,423.00 M USD. Nevertheless, its income margin (compared to sales) raised to 12.37%, that is $671.00 million.

Crown Castle International presents anual results in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Crown Castle International TTM sales up to March 2019 were $5,550.00 and earnings $767.00 million dollars. When comparing this TTM figures with the last reported annuality, we can esteem Crown Castle International business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, appreciated a tiny 2.34%. In contrast, profit margin (net income/revenues) grew 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 reported $1,426.00 M in revenues for 2019-Q1, a 0.49% improvement compared to previous quarter. Reported quarter earnings marked $210.00 M with a profit margin of 14.73%. Profit margin stayed stable a -0.28% compared to previous quarter when profit margin was 15.01%. When comparing turnover to same quarter last year, Crown Castle International sales marked a wonderful gain and escalated 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 shares of a stock, it's always worth to have a look its ownership structure.

Crown Castle International shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.38% of all shares.

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

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

CCI
Market cap$62.3 B
Total shares415.8 M
Float shares413.8 M
  - Institutional holdings (%)97.4%
  - Insider holdings (%)0.4%
Shares in short selling0.0%

CCI summary

Friday, January 24th, 2020
Open$150.00
Close$149.90
Day range$149.26 - $150.71
Previous close$149.78
Session gain0.08%
Average true range$1.98
50d mov avg$137.76
100d mov avg$137.71
200d mov avg$133.62
Daily pattern
Weekly pattern lb02c

Crown Castle International performance

To measure stock performance is always good to benchmark with competitors or related stocks. We compared Crown Castle International against in the following table:
Stock3m6m12m
CCICrown Castle Inte...7.27%16.77%36.47%

Crown Castle International competitors

Unfortunately, we could not find any public company that could be defined as Crown Castle International competitor. This doesn't mean Crown Castle International does not have any competitor in the market, it's just we could not detected it.