American Tower Corp. (NYSE: AMT) on Tuesday, soared 0.87% from the previous trading day, before settling in for the closing price of $226.19. Within the past 52 weeks, AMT’s price has moved between $154.58 and $236.13.
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It was noted that within the last five years, the titan of the Real Estate sector saw sales topped by 8.57%. The company achieved an average annual earnings per share of 116.25%. With a float of $466.00 million, this company’s outstanding shares have now reached $466.30 million.
The extent of productivity of a business whose workforce counts for 5643 workers is very important to gauge.
American Tower Corp. (AMT) Insider Updates
Observing investor behavior towards REIT – Specialty industry stocks is more important than anything else. The insider ownership of American Tower Corp. is 0.23%, while institutional ownership is 93.97%. The most recent insider transaction that took place on Aug 02 ’24, was worth 4,953,510. Before that another transaction happened on Aug 02 ’24, when Company’s Officer proposed sale 10,005 for $230.00, making the entire transaction worth $2,301,150.
American Tower Corp. (AMT) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.49 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 116.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 32.85% 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
American Tower Corp. (AMT) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.40. Likewise, its price to free cash flow for the trailing twelve months is 31.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.32, a number that is poised to hit 1.60 in the next quarter and is forecasted to reach 6.73 in one year’s time.
Technical Analysis of American Tower Corp. (AMT)
The latest stats from [American Tower Corp., AMT] show that its last 5-days average volume of 3.57 million was superior to 2.35 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 76.49%. Additionally, its Average True Range was 5.58.
During the past 100 days, American Tower Corp.’s (AMT) raw stochastic average was set at 87.86%, which indicates a significant increase from 71.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.12% in the past 14 days, which was higher than the 25.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $202.34, while its 200-day Moving Average is $195.92. Now, the first resistance to watch is $231.10. This is followed by the second major resistance level at $234.05. The third major resistance level sits at $237.44. If the price goes on to break the first support level at $224.76, it is likely to go to the next support level at $221.37. Assuming the price breaks the second support level, the third support level stands at $218.42.
American Tower Corp. (NYSE: AMT) Key Stats
Market capitalization of the company is 106.57 billion based on 466,975K outstanding shares. Right now, sales total 11,144 M and income totals 1,483 M. The company made 2,900 M in profit during its latest quarter, and 900,300 K in sales during its previous quarter.
