American Tower Corp (NYSE: AMT) kicked off on Tuesday, up 0.22% from the previous trading day, before settling in for the closing price of $207.55. Over the past 52 weeks, AMT has traded in a range of $170.46-$243.56.
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Real Estate Sector giant saw their annual sales surged by 8.57% over the last five years. While this was happening, its average annual earnings per share was recorded 60.72%. With a float of $465.98 million, this company’s outstanding shares have now reached $466.30 million.
The firm has a total of 5643 workers. Let’s measure their productivity. 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 Activity
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 0.28%, while institutional ownership is 93.50%. 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) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.25 earnings per share (EPS), lower than consensus estimate (set at 0.94) by -0.7. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.75 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 60.72% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.19% 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 8.80. Likewise, its price to free cash flow for the trailing twelve months is 27.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.37, a number that is poised to hit 1.76 in the next quarter and is forecasted to reach 6.72 in one year’s time.
Technical Analysis of American Tower Corp (AMT)
Analysing the last 5-days average volume posted by the [American Tower Corp, AMT], we can find that recorded value of 2.32 million was lower than the volume posted last year of 2.32 million. As of the previous 9 days, the stock’s Stochastic %D was 94.90%. Additionally, its Average True Range was 4.69.
During the past 100 days, American Tower Corp’s (AMT) raw stochastic average was set at 31.38%, which indicates a significant decrease from 95.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.75% in the past 14 days, which was lower than the 26.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $217.44, while its 200-day Moving Average is $205.03. Now, the first resistance to watch is $209.43. This is followed by the second major resistance level at $210.86. The third major resistance level sits at $212.89. If the price goes on to break the first support level at $205.97, it is likely to go to the next support level at $203.94. Should the price break the second support level, the third support level stands at $202.50.
American Tower Corp (NYSE: AMT) Key Stats
The company with the Market Capitalisation of 97.20 billion has total of 467,289K 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 2,522 M and last quarter income was -792,300 K.
