On Monday, American Tower Corp (NYSE: AMT) was 0.40% up from the session before settling in for the closing price of $211.26. A 52-week range for AMT has been $170.46 – $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%. When this article was written, the company’s average yearly earnings per share was at 78.80%. With a float of $466.06 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 55.18%, operating margin of 40.69%, and the pretax margin is 23.95%.
American Tower Corp (AMT) Insider and Institutional Ownership
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 0.26%, while institutional ownership is 93.24%. 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) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.18 earnings per share (EPS) during the time that was less than consensus figure (set at 0.94) by -0.76. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.67 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 78.80% 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
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 8.88. Likewise, its price to free cash flow for the trailing twelve months is 27.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.37, a number that is poised to hit 1.60 in the next quarter and is forecasted to reach 6.70 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 2.46 million was superior to 2.27 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 13.69%. Additionally, its Average True Range was 5.22.
During the past 100 days, American Tower Corp’s (AMT) raw stochastic average was set at 40.86%, which indicates a significant increase from 11.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.13% in the past 14 days, which was lower than the 23.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $227.88, while its 200-day Moving Average is $204.67. Now, the first resistance to watch is $214.48. This is followed by the second major resistance level at $216.85. The third major resistance level sits at $219.26. If the price goes on to break the first support level at $209.70, it is likely to go to the next support level at $207.29. The third support level lies at $204.92 if the price breaches the second support level.
American Tower Corp (NYSE: AMT) Key Stats
There are 467,082K outstanding shares of the company, which has a market capitalization of 98.06 billion. As of now, sales total 11,144 M while income totals 1,483 M. Its latest quarter income was 2,900 M while its last quarter net income were 900,300 K.
