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As of close of business last night, American Tower Corp.’s stock clocked out at $222.66, down -1.28% from its previous closing price of $225.54. In other words, the price has decreased by -$1.28 from its previous closing price. On the day, 5.45 million shares were traded. AMT stock price reached its highest trading level at $226.16 during the session, while it also had its lowest trading level at $222.03.
Ratios:
To gain a deeper understanding of AMT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 39.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.34. In the meantime, Its Debt-to-Equity ratio is 12.29 whereas as Long-Term Debt/Eq ratio is at 11.24.
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, Goldman on July 01, 2024, initiated with a Buy rating and assigned the stock a target price of $230.
On May 01, 2024, Raymond James Upgraded its rating to Strong Buy which previously was Outperform and also upped its target price recommendation from $226 to $248.
On April 08, 2024, Mizuho started tracking the stock assigning a Neutral rating and target price of $205.Mizuho initiated its Neutral rating on April 08, 2024, with a $205 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 02 ’24 when STEVEN O VONDRAN bought 21,537 shares for $230.00 per share.
Puech Olivier bought 10,005 shares of AMT for $2,301,150 on Aug 02 ’24. On Aug 02 ’24, another insider, Goel Sanjay, who serves as the Officer of the company, bought 4,792 shares for $235.39 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMT now has a Market Capitalization of 104000479232 and an Enterprise Value of 155465302016. As of this moment, American’s Price-to-Earnings (P/E) ratio for their current fiscal year is 41.82, and their Forward P/E ratio for the next fiscal year is 33.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.17 while its Price-to-Book (P/B) ratio in mrq is 26.97. Its current Enterprise Value per Revenue stands at 13.71 whereas that against EBITDA is 21.951.
Stock Price History:
Over the past 52 weeks, AMT has reached a high of $236.13, while it has fallen to a 52-week low of $154.58. The 50-Day Moving Average of the stock is 8.43%, while the 200-Day Moving Average is calculated to be 12.91%.
Shares Statistics:
It appears that AMT traded 2.19M shares on average per day over the past three months and 3310930 shares per day over the past ten days. A total of 466.30M shares are outstanding, with a floating share count of 466.02M. Insiders hold about 0.23% of the company’s shares, while institutions hold 94.19% stake in the company. Shares short for AMT as of 1722384000 were 5086453 with a Short Ratio of 2.32, compared to 1719532800 on 6017191. Therefore, it implies a Short% of Shares Outstanding of 5086453 and a Short% of Float of 1.26.
Dividends & Splits
With its trailing 12-month dividend rate of 6.56, AMT has a forward annual dividend rate of 6.56. Against a Trailing Annual Dividend Yield of 0.02908575The stock’s 5-year Average Dividend Yield is 2.33.
