American Tower Corp. (AMT) PE Ratio stood at $42.81: Odds are Looking Good After Recent Activity

American Tower Corp. (NYSE: AMT) started the day on Thursday, with a price increase of 3.42% at $227.93, before settling in for the price of $220.40 at the close. Taking a more long-term approach, AMT posted a 52-week range of $154.58-$223.46.

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The Real Estate Sector giants’ yearly sales growth during the last 5-year period was 8.57%. Meanwhile, its Annual Earning per share during the time was 2.77%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 116.25%. This publicly-traded company’s shares outstanding now amounts to $466.30 million, simultaneously with a float of $466.00 million. The organization now has a market capitalization sitting at $106.46 billion. At the time of writing, stock’s 50-day Moving Average stood at $200.00, while the 200-day Moving Average is $194.97.

American Tower Corp. (AMT) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the REIT – Specialty Industry. American Tower Corp.’s current insider ownership accounts for 0.23%, in contrast to 94.95% institutional ownership. According to the most recent insider trade that took place on Jun 04 ’24, this organization’s EVP & President, Asia-Pacific sold 3,504 shares at the rate of 200.36, making the entire transaction reach 702,061 in total value, affecting insider ownership by 28,413. Preceding that transaction, on May 03 ’24, Company’s Director sold 700 for 183.50, making the whole transaction’s value amount to 128,450. This particular insider is now the holder of 7,332 in total.

American Tower Corp. (AMT) Earnings and Revenue Records

American Tower Corp.’s EPS increase for this current 12-month fiscal period is 116.25% and is forecasted to reach 6.73 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 28.57% through the next 5 years, which can be compared against the 2.77% growth it accomplished over the previous five years trading on the market.

American Tower Corp. (NYSE: AMT) Trading Performance Indicators

Let’s observe the current performance indicators for American Tower Corp. (AMT). The Stock has managed to achieve an average true range (ATR) of 4.94. Alongside those numbers, its PE Ratio stands at $42.81, and its Beta score is 0.81. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 9.39. Similarly, its price to free cash flow for trailing twelve months is now 31.06.

In the same vein, AMT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.32, a figure that is expected to reach 1.60 in the next quarter, and analysts are predicting that it will be 6.73 at the market close of one year from today.

Technical Analysis of American Tower Corp. (AMT)

If we take a close look at the recent performances of American Tower Corp. (NYSE: AMT), its last 5-days Average volume was 2.32 million that shows plunge from its year to date volume of 2.32 million. During the previous 9 days, stock’s Stochastic %D was recorded 90.36% While, its Average True Range was 5.31.

Raw Stochastic average of American Tower Corp. (AMT) in the period of the previous 100 days is set at 97.80%, which indicates a major rise in contrast to 94.21% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 23.05% that was lower than 24.84% volatility it exhibited in the past 100-days period.