Financial Snapshot: Analyzing American Tower Corp. (AMT)’s Key Ratio Metrics

Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The closing price of American Tower Corp. (NYSE: AMT) was $194.17 for the day, up 0.72% from the previous closing price of $192.78. In other words, the price has increased by $0.72 from its previous closing price. On the day, 2.24 million shares were traded. AMT stock price reached its highest trading level at $194.65 during the session, while it also had its lowest trading level at $191.5152.

Ratios:

Our analysis of AMT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 36.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.31. In the meantime, Its Debt-to-Equity ratio is 11.82 whereas as Long-Term Debt/Eq ratio is at 10.88.

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 the company, Raymond James on May 01, 2024, Upgraded its rating to Strong Buy and sets its target price to $248 from $226 previously.

On April 08, 2024, Mizuho started tracking the stock assigning a Neutral rating and target price of $205.

On December 14, 2023, HSBC Securities started tracking the stock assigning a Buy rating and target price of $245.HSBC Securities initiated its Buy rating on December 14, 2023, with a $245 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 04 ’24 when Goel Sanjay sold 3,504 shares for $200.36 per share. The transaction valued at 702,061 led to the insider holds 28,413 shares of the business.

HORMATS ROBERT D sold 700 shares of AMT for $128,450 on May 03 ’24. The Director now owns 7,332 shares after completing the transaction at $183.50 per share. On Mar 15 ’24, another insider, Font Juan, who serves as the SVP, Pres. & CEO, CoreSite of the company, sold 540 shares for $197.49 each. As a result, the insider received 106,645 and left with 19,265 shares of the company.

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 90672537600 and an Enterprise Value of 142738341888. As of this moment, American’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.95, and their Forward P/E ratio for the next fiscal year is 28.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.09 while its Price-to-Book (P/B) ratio in mrq is 22.40. Its current Enterprise Value per Revenue stands at 12.732 whereas that against EBITDA is 20.381.

Stock Price History:

The Beta on a monthly basis for AMT is 0.81, which has changed by 0.043756366 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. 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. The 50-Day Moving Average of the stock is 4.75%, while the 200-Day Moving Average is calculated to be 2.31%.

Shares Statistics:

AMT traded an average of 2.52M shares per day over the past three months and 2288540 shares per day over the past ten days. A total of 466.30M shares are outstanding, with a floating share count of 465.92M. Insiders hold about 0.23% of the company’s shares, while institutions hold 94.79% stake in the company. Shares short for AMT as of 1715731200 were 4724808 with a Short Ratio of 1.91, compared to 1713139200 on 4644661. Therefore, it implies a Short% of Shares Outstanding of 4724808 and a Short% of Float of 1.17.

Dividends & Splits

With its trailing 12-month dividend rate of 6.51, AMT has a forward annual dividend rate of 6.56. Against a Trailing Annual Dividend Yield of 0.033769064The stock’s 5-year Average Dividend Yield is 2.28.

Most Popular