American Tower Corp. (NYSE: AMT) kicked off on Monday, down -2.13% from the previous trading day, before settling in for the closing price of $226.30. Over the past 52 weeks, AMT has traded in a range of $157.25-$243.56.
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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%. While this was happening, its average annual earnings per share was recorded 117.24%. With a float of $465.86 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. 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) Insider Updates
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 0.26%, while institutional ownership is 93.88%. The most recent insider transaction that took place on Sep 13 ’24, was worth 1,190,000. In this transaction EVP & President, Asia-Pacific of this company sold 5,000 shares at a rate of $238.00, taking the stock ownership to the 18,621 shares. Before that another transaction happened on Sep 13 ’24, when Company’s Officer proposed sale 5,000 for $238.00, making the entire transaction worth $1,190,000.
American Tower Corp. (AMT) Performance Highlights and Predictions
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 1.44 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 117.24% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.48% 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 9.12. Likewise, its price to free cash flow for the trailing twelve months is 30.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.32, a number that is poised to hit 1.57 in the next quarter and is forecasted to reach 6.63 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 1.72 million was inferior to 2.28 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 51.35%. Additionally, its Average True Range was 4.60.
During the past 100 days, American Tower Corp.’s (AMT) raw stochastic average was set at 62.06%, which indicates a significant increase from 29.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.94% in the past 14 days, which was higher than the 23.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $228.56, while its 200-day Moving Average is $204.20. Now, the first resistance to watch is $226.22. This is followed by the second major resistance level at $230.97. The third major resistance level sits at $233.94. If the price goes on to break the first support level at $218.50, it is likely to go to the next support level at $215.53. Assuming the price breaks the second support level, the third support level stands at $210.78.
American Tower Corp. (NYSE: AMT) Key Stats
The company with the Market Capitalisation of 103.44 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.
