American Tower Corp. (NYSE: AMT) kicked off on Tuesday, up 2.82% from the previous trading day, before settling in for the closing price of $224.06. Over the past 52 weeks, AMT has traded in a range of $154.58-$236.13.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 8.57%. While this was happening, its average annual earnings per share was recorded 118.66%. With a float of $465.84 million, this company’s outstanding shares have now reached $466.30 million.
Considering the fact that the conglomerate employs 5643 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 54.91%, operating margin of 35.39%, and the pretax margin is 24.14%.
American Tower Corp. (AMT) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the REIT – Specialty Industry. The insider ownership of American Tower Corp. is 0.27%, while institutional ownership is 95.24%. The most recent insider transaction that took place on Sep 03 ’24, was worth 4,367,470. Before that another transaction happened on Aug 26 ’24, when Company’s EVP & President, LatAm & EMEA sold 9,988 for $226.35, making the entire transaction worth $2,260,763. This insider now owns 41,758 shares in total.
American Tower Corp. (AMT) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 1.26 earnings per share (EPS), higher than consensus estimate (set at 1.13) by 0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.54 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 118.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 32.27% 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
Take a look at American Tower Corp.’s (AMT) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.49. Likewise, its price to free cash flow for the trailing twelve months is 31.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.32, a number that is poised to hit 1.59 in the next quarter and is forecasted to reach 6.81 in one year’s time.
Technical Analysis of American Tower Corp. (AMT)
Compared to the last year’s volume of 2.33 million, its volume of 1.7 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 71.61%. Additionally, its Average True Range was 4.74.
During the past 100 days, American Tower Corp.’s (AMT) raw stochastic average was set at 91.23%, which indicates a significant increase from 91.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.90% in the past 14 days, which was lower than the 24.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $213.55, while its 200-day Moving Average is $200.36. Nevertheless, the first resistance level for the watch stands at $233.77 in the near term. At $237.17, the stock is likely to face the second major resistance level. The third major resistance level sits at $242.65. If the price goes on to break the first support level at $224.89, it is likely to go to the next support level at $219.41. Now, if the price goes above the second support level, the third support stands at $216.01.
American Tower Corp. (NYSE: AMT) Key Stats
The company with the Market Capitalisation of 107.60 billion has total of 466,975K Shares Outstanding. Its annual sales at the moment are 11,144 M in contrast with the sum of 1,483 M annual income. Company’s last quarter sales were recorded 2,900 M and last quarter income was 900,300 K.
