Home  »  Companies   »  CyrusOne Inc. (CONE) Review – Making Smarter...

CyrusOne Inc. (CONE) Review – Making Smarter Decisions

599 institutions hold shares in CyrusOne Inc. (CONE), with 617.96k shares held by insiders accounting for 0.51% while institutional investors hold 108.71% of the company’s shares. The shares outstanding are 120.30M, and float is at 119.58M with Short Float at 3.97%. Institutions hold 108.15% of the Float.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.


Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

The top institutional shareholder in the company is Cohen & Steers Inc. with over 20.21 million shares valued at $1.48 billion. The investor’s holdings represent 16.75% of the CONE Shares outstanding. As of Dec 30, 2020, the second largest holder is Vanguard Group, Inc. (The) with 16.78 million shares valued at $1.23 billion to account for 13.90% of the shares outstanding. The other top investors are Blackrock Inc. which holds 14.06 million shares representing 11.65% and valued at over $1.03 billion, while Daiwa Securities Group Inc. holds 3.89% of the shares totaling 4.7 million with a market value of $343.74 million.

CyrusOne Inc. (NASDAQ: CONE) is -2.32% lower on its value in year-to-date trading and has touched a low of $61.64 and a high of $86.77 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CONE stock was last observed hovering at around $72.30 in the last trading session, with the day’s loss setting it -0.85% off its average median price target of $80.00 for the next 12 months. It is also 22.34% off the consensus price target high of $92.00 offered by 24 analysts, but current levels are -2.07% lower than the price target low of $70.00 for the same period.

Currently trading at $71.45, the stock is -0.61% and 4.00% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.96 million and changing -1.18% at the moment leaves the stock -2.50% off its SMA200. CONE registered -0.27% loss for a year compared to 6-month loss of -3.87%. The firm has a 50-day simple moving average (SMA 50) of $66.83 and a 200-day simple moving average (SMA200) of $71.01.

The stock witnessed a 4.78% gain in the last 1 month and extending the period to 3 months gives it a -1.05%, and is -3.72% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.71% over the week and 2.33% over the month.

CyrusOne Inc. (CONE) has around 441 employees, a market worth around $8.61B and $1.03B in sales. Current P/E ratio is 200.70 and Fwd P/E is 246.38. Profit margin for the company is 4.00%. Distance from 52-week low is 15.91% and -17.66% from its 52-week high. The company has generated returns on investments over the last 12 months (0.60%).

CyrusOne Inc. (CONE) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for CyrusOne Inc. (CONE) is a “Overweight”. 24 analysts offering their recommendations for the stock have an average rating of 2.30, where 12 rate it as a Hold and 1 think it is a “Overweight”. 11 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

CyrusOne Inc. is expected to release its quarterly report on 08/04/2021 and quarterly earnings per share for the current quarter are estimated at $0.04 with sales reaching $277.73M over the same period.The EPS is expected to shrink by -3.90% this year, but quarterly earnings will post 9.60% year-over-year. Quarterly sales are estimated to grow 10.30% in year-over-year returns.

CyrusOne Inc. (CONE) Insider Activity

A total of 11 insider transactions have happened at CyrusOne Inc. (CONE) in the last six months, with sales accounting for 8 and purchases happening 3 times. The most recent transaction is an insider sale by Timmons Kevin L, the company’s Former EVP & CTO. SEC filings show that Timmons Kevin L sold 5,000 shares of the company’s common stock on Sep 01 at a price of $83.20 per share for a total of $0.42 million. Following the sale, the insider now owns 43880.0 shares.

CyrusOne Inc. disclosed in a document filed with the SEC on Aug 03 that Timmons Kevin L (EVP & Chief Technology Officer) sold a total of 5,000 shares of the company’s common stock. The trade occurred on Aug 03 and was made at $82.96 per share for $0.41 million. Following the transaction, the insider now directly holds 43880.0 shares of the CONE stock.

Still, SEC filings show that on Jul 01, Timmons Kevin L (EVP & Chief Technology Officer) disposed off 5,000 shares at an average price of $72.16 for $0.36 million. The insider now directly holds 43,492 shares of CyrusOne Inc. (CONE).

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

CyrusOne Inc. (CONE): Who are the competitors?

The company’s main competitors (and peers) include CoreSite Realty Corporation (COR) that is trading -4.26% down over the past 12 months. QTS Realty Trust Inc. (QTS) is 0.21% up on the 1-year trading charts. Short interest in the company’s stock has risen 24.72% from the last report on Apr 14, 2021 to stand at a total of 4.75 million short shares sold with a short interest ratio of 6.49.

Related Posts




Download Free eBook For

The 5 Best Growth Stocks 2022

100% free. stop anytime no spam