【bible verses about enabling drug addicts】Crown Castle (CCI) Gains As Market Dips: What You Should Know
Crown Castle (CCI) closed the most recent trading day at $158.13,bible verses about enabling drug addicts moving +1.21% from the previous trading session. This move outpaced the S&P 500's daily loss of 2.81%. Meanwhile, the Dow lost 2.94%, and the Nasdaq, a tech-heavy index, lost 3%.
Prior to today's trading, shares of the operator of wireless communications towers had gained 4.73% over the past month. This has outpaced the Finance sector's loss of 5.35% and the S&P 500's loss of 3.97% in that time.
CCI will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $1.48, up 2.07% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $1.47 billion, up 2.84% from the year-ago period.
CCI's full-year Zacks Consensus Estimates are calling for earnings of $6.26 per share and revenue of $6.10 billion. These results would represent year-over-year changes of +10.02% and +4.32%, respectively.
It is also important to note the recent changes to analyst estimates for CCI. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 2.04% lower. CCI currently has a Zacks Rank of #3 (Hold).
In terms of valuation, CCI is currently trading at a Forward P/E ratio of 24.98. This represents a premium compared to its industry's average Forward P/E of 14.85.
Meanwhile, CCI's PEG ratio is currently 1.61. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The REIT and Equity Trust - Other was holding an average PEG ratio of 3.24 at yesterday's closing price.
The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 155, putting it in the bottom 40% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Story continues
To follow CCI in the coming trading sessions, be sure to utilize Zacks.com.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.
Click to get this free report
Crown Castle International Corporation (CCI) : Free Stock Analysis Report
To read this article on Zacks.com click here.
View comments
-
HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Urges Opera Limited (OPRA) Investors With Losses to Contact its Attorneys: Important Class Action Deadline ApproachingWall Street falls at open on global slowdown fearsDo Directors Own Zenith Birla (India) Limited (NSE:ZENITHBIR) Shares?SHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Nova Lifestyle, Inc. (NVFY) and Lead Plaintiff Deadline: February 26, 2019'Unsustainable': Mexico's Pemex buckling under crushing pension debtJuly Auto Sales: FordDG vs. ROST: Which Stock Should Value Investors Buy Now?Crypto Prices Drop; CBOE Made New Attempt to List Bitcoin ETFSanoma Oyj: Managers' TransactionsAurobindo Pharma to recall 80 lots of blood pressure medicine valsartan in U.S.
下一篇:Green Dot: 3Q Earnings Snapshot
- ·US Test Preparation Market 2020-2024 - Increasing Use of Analytical Tools and Emphasis of Online Test Preparation Modes Driving Market Demand
- ·China December factory activity shrinks for first time in 19 months: Caixin PMI
- ·British currency exchange WorldFirst shuts U.S. operations - FT
- ·At €3.65, Is It Time To Put Derichebourg (EPA:DBG) On Your Watch List?
- ·17 Tips To Live Comfortably Off Just a Social Security Check
- ·Could This Chipmaker Be the Next Xilinx?
- ·Is Rallis India Limited (NSE:RALLIS) Better Than Average At Deploying Capital?
- ·BRIEF-Beijing Thunisoft Gets Regulatory Approval For Share Private Placement
- ·Gamesys Group PLC Announces Total Voting Rights
- ·7 New Netflix Shows to Binge in September, and the Best Reasons to Watch
- ·Johnny Depp Rocks Out with Steven Tyler & Aerosmith in Boston
- ·Bell Witch/Aerial Ruin’s ‘Unfamiliar Times’ Playlist
- ·Inspire Medical Systems, Inc. to Host Earnings Call
- ·Trade Alert: The Independent Director Of Continental Resources, Inc. (NYSE:CLR), Timothy Taylor, Has Just Spent US$101k Buying 14% More Shares
- ·‘Mayor of Kingstown’ Renewed for Season 2 at Paramount Plus
- ·What Kind Of Investor Owns Most Of Nagarjuna Oil Refinery Limited (NSE:NAGAROIL)?
- ·SEC delays decision on tZERO’s proposed security token exchange
- ·CBS Soars to a New 52-Week High
- ·Shop Samsung deals on smartphones, TVs, accessories and more for the new year
- ·Morning News Call - U.S., January 2
- ·Live Oak Acquisition Corp. II Announces Pricing of Upsized $220,000,000 Initial Public Offering
- ·Roper Technologies: 4Q Earnings Snapshot
- ·Why Prana Biotechnology Stock Is Skyrocketing Today
- ·Morning News Call - India, January 3
- ·Retail sector companies turn to masks, gloves in coronavirus fight
- ·Could This Chipmaker Be the Next Xilinx?
- ·Hermès Opens Significantly Larger Shop in Las Vegas
- ·BRIEF-Inno-Tech Says Wang Yu Resigned As Chief Executive Officer
- ·More of Southeast Asia, less of China this week
- ·Despite Lifting of Some Russia Sanctions, GCs Cautioned to Remain Wary
- ·Paycheck Protection Program (PPP) Loans
- ·Why P&G (PG) Could Beat Earnings Estimates Again
- ·Pfizer commits to UK research hub in Astra battle
- ·M.G.A Garage Door Repair Dallas TX Launched Complete Garage Door Installation Solutions
- ·How Much Is Live Nation Entertainment, Inc. (NYSE:LYV) CEO Getting Paid?
- ·Stocks - Wall Street Mixed With Jobs Data Strong