Stock To Watch: CyrusOne Inc (NASDAQ:CONE)


The leading market experts have placed a mean price target of $55.14 on CyrusOne Inc (NASDAQ:CONE) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.63 a share for the upcoming quarter and $2.55 for the current fiscal. Technical View The technical analysis of CyrusOne Inc plainly substantiates that the 50-day moving average of CyrusOne Inc is $51.89, and stock is hovering 3.19 or +6.15% distant from $51.89. It is noted that the 200-day MA is $43.44, and CyrusOne Inc stock is $11.64 or +26.79% off from this point. CyrusOne Inc (NASDAQ:CONE) 52-week high is $55.97 and the 52-week low is $29.18. This explains if the stock moves $-0.89, it will post a 52-week high. In event of $+88.76% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of CyrusOne Inc, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, CyrusOne Inc (NASDAQ:CONE) ratio came in at N/A. The stock last ended the trading session at $55.08 and registered a market cap of $3.97B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. CyrusOne Inc (NASDAQ:CONE) PEG ratio is at 1.58.

1 Chart Pattern Every Investor Should Know

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