On Monday, American Tower Corp. (NYSE: AMT) was 0.57% up from the session before settling in for the closing price of $213.72. A 52-week range for AMT has been $154.58 – $219.10.
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During the last 5-year period, the sales growth of Real Estate Sector giant was 8.57%. When this article was written, the company’s average yearly earnings per share was at 111.88%. With a float of $465.89 million, this company’s outstanding shares have now reached $466.30 million.
Let’s determine the extent of company efficiency that accounts for 5643 employees.
American Tower Corp. (AMT) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward American Tower Corp. stocks. The insider ownership of American Tower Corp. is 0.23%, while institutional ownership is 94.97%. The most recent insider transaction that took place on Jun 04 ’24, was worth 702,061. In this transaction EVP & President, Asia-Pacific of this company sold 3,504 shares at a rate of $200.36, taking the stock ownership to the 28,413 shares. Before that another transaction happened on May 03 ’24, when Company’s Director sold 700 for $183.50, making the entire transaction worth $128,450. This insider now owns 7,332 shares in total.
American Tower Corp. (AMT) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 111.88% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 28.57% during the next five years compared to 2.77% growth over the previous five years of trading.
American Tower Corp. (NYSE: AMT) Trading Performance Indicators
You can see what American Tower Corp. (AMT) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.95. Likewise, its price to free cash flow for the trailing twelve months is 31.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.42, a number that is poised to hit 1.58 in the next quarter and is forecasted to reach 6.71 in one year’s time.
Technical Analysis of American Tower Corp. (AMT)
Looking closely at American Tower Corp. (NYSE: AMT), its last 5-days average volume was 1.63 million, which is a drop from its year-to-date volume of 2.31 million. As of the previous 9 days, the stock’s Stochastic %D was 65.62%. Additionally, its Average True Range was 4.31.
During the past 100 days, American Tower Corp.’s (AMT) raw stochastic average was set at 97.95%, which indicates a significant increase from 95.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.50% in the past 14 days, which was lower than the 23.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $198.19, while its 200-day Moving Average is $194.09. However, in the short run, American Tower Corp.’s stock first resistance to watch stands at $216.68. Second resistance stands at $218.43. The third major resistance level sits at $221.27. If the price goes on to break the first support level at $212.09, it is likely to go to the next support level at $209.25. Should the price break the second support level, the third support level stands at $207.50.
American Tower Corp. (NYSE: AMT) Key Stats
There are 466,975K outstanding shares of the company, which has a market capitalization of 100.37 billion. As of now, sales total 11,144 M while income totals 1,483 M. Its latest quarter income was 2,834 M while its last quarter net income were 917,400 K.
