AMT stock: buy or sell?
April 2nd, 2020
American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 149,000 communications sites.
Should I buy AMT stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, American Tower stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is American Tower stock a buy?
Financial institutions and banks post stock ratings everyday.Unfortunately, we couldn't detect any rating for AMT stock for the last 30 days.
AMT stock analysis
After sliding a frightening -5.21% yesterday, American Tower closed today at $220.75 and climbed a dazzling 6.66%.
After sliding a frightening -5.21% yesterday, American Tower closed today at $220.75 and climbed a dazzling 6.66%. AMT is soaring again after a 12.91% correction from its last top on Monday at $231.97. Since January when SMA50d and SMA100d crossed up, AMT price slipped $-17.08 per share (-7.18%). On February, AMT hit a new all time high, pushing higher than on February tops. Check different trading setups that use ATHs as triggers.
After boosting an outstanding 10.57% in a week last week, American Tower closed this week at $220.75 and grew a slightly fine 1.04%. By mid March AMT plummed a chilling -22.31% in just one week.
Not so far away is the last all-time high American Tower marked by mid February, but since then it dropped a 14.64%. Since mid March, when AMT stock price broke down the 40-weeks moving avarage line, it slid $-18.24 per share (-7.63%). Stocks below the 40-weeks moving average line are usually not recommended for average traders. Since SMA10w and SMA20w crossed up by mid January, AMT price slid a -4.35%.
AMT stock price history
AMT IPO was on February 27th, 1998 at $14.96 per share1. Since then, AMT stock surged a 1,375.60%, with an average of 62.50% per year. If you had invested right after AMT's IPO a $1,000 in AMT stock in 1998, it would worth $13,756.00 today.
1: Adjusted price after possible price splits or reverse-splits.
AMT stock historical price chart
AMT stock reached all-time highs on February with a price of $258.62.
AMT stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price target for American Tower stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAmerican Tower disappointed analysts when it published an Earnings per Share (EPS) of $0.62 when the market consensus was $2.25.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a wonderful increase of 11.65% to $7,440.10 million dollars. Nevertheless, its profit margin (compared to sales) depreciated to 16.62%, that is $1,236.40 million.
|2013||$3,360 M||-||$551 M16.4%||-|
|2014||$4,100 M||22.03%||$825 M20.1%||49.62%|
|2015||$4,772 M||16.38%||$685 M14.4%||-16.95%|
|2016||$5,786 M||21.25%||$956 M16.5%||39.61%|
|2017||$6,664 M||15.18%||$1,239 M18.6%||29.53%|
|2018||$7,440 M||11.65%||$1,236 M16.6%||-0.20%|
Quarterly financial resultsAmerican Tower reported $2,131.90 million in sales for 2018-Q4, a 19.40% up compared to previous quarter. Reported quarter income marked $277.60 M with a profit margin of 13.02%. Profit margin dropped a -7.53% compared to previous quarter when profit margin was 20.55%. When comparing sales to same quarter last year, American Tower sales marked an amazing growth and rocketed a 25.07%. Looking back to recent quarterly results, American Tower posted 7 positive quarters in a row.
|2017-Q1||$1,620 M||-||$316 M19.5%||-|
|2017-Q2||$1,660 M||2.47%||$367 M22.1%||16.13%|
|2017-Q3||$1,681 M||1.25%||$317 M18.9%||-13.56%|
|2017-Q4||$1,705 M||1.41%||$239 M14.0%||-24.83%|
|2018-Q1||$1,742 M||2.19%||$285 M16.4%||19.58%|
|2018-Q2||$1,781 M||2.24%||$307 M17.2%||7.54%|
|2018-Q3||$1,786 M||0.26%||$367 M20.5%||19.63%|
|2018-Q4||$2,132 M||19.40%||$278 M13.0%||-24.34%|
American Tower ownershipWhen you are planning to invest in shares of a stock, it's worth to review its ownership structure.
American Tower shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.33% of all shares.
Bearish positions for AMT stock account 0.00%, no big difference from last month.
For a better understanding, the next table shows ownership data compared to other related companies:
|Market cap||$97.8 B|
|Total shares||442.9 M|
|Float shares||441.2 M|
|- Institutional holdings (%)||94.9%|
|- Insider holdings (%)||0.3%|
|Shares in short selling||0.0%|
|Thursday, April 2nd, 2020|
|Day range||$205.59 - $221.09|
|Average true range||$20.91|
|50d mov avg||$232.45|
|100d mov avg||$225.75|
|200d mov avg||$221.01|
American Tower performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare American Tower performance to :
American Tower competitorsUnfortunately, we could not find any public company that could be defined as American Tower competitor. This doesn't mean American Tower does not have any competitor in the market, it's just we could not detected it.
Latest AMT stock news
- Seeking AlphaPut Sprint Profits Into American Tower, A Long-Term Winner Of The Merger DealJuly 29, 2019
- InvestorPlace3 Big Stock Charts for Tuesday: American Tower, AT&T and AllstateApril 2, 2019
- Seeking AlphaAmerican Tower: Ready To PopJuly 27, 2018