American Tower Corp. (NYSE: AMT) closed the day trading at $172.21 down -3.32% from the previous closing price of $178.12. On the day, 3848820 shares were traded.
Ratios:
For a better understanding of AMT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 38.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.46. In the meantime, Its Debt-to-Equity ratio is 11.23 whereas as Long-Term Debt/Eq ratio is at 10.28.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Mizuho on April 08, 2024, initiated with a Neutral rating and assigned the stock a target price of $205.
On December 14, 2023, HSBC Securities started tracking the stock assigning a Buy rating and target price of $245.
On October 13, 2023, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $208.Scotiabank initiated its Sector Outperform rating on October 13, 2023, with a $208 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 15 ’24 when Font Juan sold 540 shares for $197.49 per share. The transaction valued at 106,645 led to the insider holds 19,265 shares of the business.
Smith Rodney M sold 11,510 shares of AMT for $2,367,767 on Mar 06 ’24. The EVP, CFO & Treasurer now owns 62,969 shares after completing the transaction at $205.71 per share. On Mar 04 ’24, another insider, Vondran Steven O, who serves as the President and CEO of the company, sold 3,265 shares for $200.42 each. As a result, the insider received 654,382 and left with 58,372 shares of the company.
Valuation Measures:
As of this moment, American’s Price-to-Earnings (P/E) ratio for their current fiscal year is 54.22, and their Forward P/E ratio for the next fiscal year is 23.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.21 while its Price-to-Book (P/B) ratio in mrq is 19.13.
Stock Price History:
Over the past 52 weeks, AMT has reached a high of $219.10, while it has fallen to a 52-week low of $154.58.
Shares Statistics:
A total of 466.30M shares are outstanding, with a floating share count of 463.39M. Insiders hold about 0.64% of the company’s shares, while institutions hold 94.89% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from Advanced Micro Devices, Inc. analysts. The consensus estimate for the next quarter is $2.72, with high estimates of $20.00 and low estimates of $454.31.
EPS for the following year is $Stocks, with Stocks analysts recommending between $ETF and $Stocks.
