AMT stock: buy or sell?

AMT stock price: $228.51 0.50% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

5

After marking all time highs today, American Tower grew 0.50% to $228.51. Thursday was the 4th green session in a row, marking 2.49%.

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?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Following a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, 2 buy setups are elegible for American Tower stock right now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is American Tower stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 15 ratings published for AMT stock in the last month.

Is AMT a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-19KeyCorpn/aOverweight
2019-8-1SunTrust Banksn/aBuy
2019-8-1JPMorgan Chase & Co.n/aNeutral
2019-7-15KeyCorpn/aOverweight
2019-6-7UBS GroupBuyNeutral
2019-5-9Royal Bank of Canadan/aOutperform
2019-5-6SunTrust BanksBuyPositive
2019-5-20Morgan Stanleyn/aEqual Weight
2019-4-15Wells Fargo & CoOutperformMarket Perform
2019-3-6Royal Bank of CanadaOutperformPositive
2019-3-4CitigroupNeutralNeutral
2019-3-19Bank of American/aBuy
2019-3-13Edward JonesBuyHold
2019-3-11Morgan StanleyEqual WeightEqual Weight
2019-2-28Wells Fargo & Con/aOutperform

AMT stock analysis

Daily outlook

After several days of continuous rises in past weeks, American Tower grew 0.50% to $228.51.

American Tower shares grew 0.50% today and touched a new all time high at $228.77. AMT shows a sign of strength in the short-term after finally breaking out above $224.71 on August 9th and marking a new rising bottom. Since price and SMA50d lines crossed up on Jul 30th, AMT climbed $22.94 (11.16%).

AMT stock chart (daily)

Weekly outlook

American Tower shares jumped 2.50% this week and set a new all time high at $228.77. For 4 weeks in a row, price climbed and marked a profit of 11.64%. Late July AMT skyrocketed a great 5.05% in just one week.

By mid October 2018 AMT price bounced up over the SMA of 20 weeks that acted as support stopping new slides.

AMT stock chart (weekly)

AMT stock price history

AMT stock went public on February 27th, 1998 with a price of $15.121. Since then, AMT stock surged a 1,411.30%, with an average of 67.20% per year. If you had invested right after AMT's IPO a $1,000 in AMT stock in 1998, it would worth $14,113.00 today.

1: Adjusted price after possible price splits or reverse-splits.

AMT stock historical price chart

AMT stock reached all-time highs today with a price of $228.77.

AMT stock price target is $209.80

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. 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 found 13 price predictions for AMT stock:
AMT stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-19KeyCorpReiterates$225.00$253.0012.4%
2019-8-1SunTrust BanksRaises Targetn/a$230.00-
2019-8-1JPMorgan Chase & Co.Raises Target$200.00$220.0010%
2019-7-15KeyCorpReiterates$207.00$225.008.7%
2019-6-7UBS GroupDowngrades$195.00$222.0013.8%
2019-5-9Royal Bank of CanadaRaises Target$195.00$203.004.1%
2019-5-6SunTrust BanksRaises Targetn/a$210.00-
2019-5-20Morgan StanleyRaises Target$185.00$201.008.6%
2019-3-6Royal Bank of CanadaRaises Target$173.00$195.0012.7%
2019-3-4CitigroupRaises Target$176.00$186.005.7%
2019-3-19Bank of AmericaRaises Target$172.00$208.0020.9%
2019-3-11Morgan StanleyRaises Target$170.00$185.008.8%
2019-2-28Wells Fargo & CoReiterates$176.00$190.008%
(in average)$188.50$209.8011.0%
Moving in a range from $253.00 and $185.00, the price forecast for AMT stock is $209.80. In average, analysts' outlook on AMT price forecast is positive, increasing the forecast by a 11.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, American Tower didn't meet the expectations of the experts and posted a frightening EPS of $0.62 per share when experts were expecting $2.25.
AMT earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.79n/a
2017-Q2-n/a0.8n/a
2017-Q32017-10-310.770.69-10.4%
2017-Q42018-02-271.641.59-3.0%
2018-Q12018-05-011.681.733.0%
2018-Q22018-07-311.731.99.8%
2018-Q32018-10-301.751.855.7%
2018-Q42019-02-272.250.62-72.4%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, American Tower annual turnover climbed a cool 11.65% to $7,440.10 million USD from $6,663.90 marked in 2017. In contrary, its income margin (compared to sales) depreciated to 16.62%, that is $1,236.40 million.

AMT annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$3,360 M-$551 M16.4%-
2014$4,100 M22.03%$825 M20.1%49.62%
2015$4,772 M16.38%$685 M14.4%-16.95%
2016$5,786 M21.25%$956 M16.5%39.61%
2017$6,664 M15.18%$1,239 M18.6%29.53%
2018$7,440 M11.65%$1,236 M16.6%-0.20%

Quarterly financial results

American Tower posted $2,131.90 M in sales for 2018-Q4, a 19.40% improvement 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 turnover to same quarter last year, American Tower sales marked a super good increase and boosted a 25.07%. Looking back to recent quarterly results, American Tower posted 7 positive quarters in a row.
AMT quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$1,620 M-$316 M19.5%-
2017-Q2$1,660 M2.47%$367 M22.1%16.13%
2017-Q3$1,681 M1.25%$317 M18.9%-13.56%
2017-Q4$1,705 M1.41%$239 M14.0%-24.83%
2018-Q1$1,742 M2.19%$285 M16.4%19.58%
2018-Q2$1,781 M2.24%$307 M17.2%7.54%
2018-Q3$1,786 M0.26%$367 M20.5%19.63%
2018-Q4$2,132 M19.40%$278 M13.0%-24.34%

American Tower ownership

When you are planning to invest in a stock, it's always 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 0.21% of all shares.

Bearish positions for AMT stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to American Tower:

AMTCCICTLDRELAND
Market cap$101.2 B$60.8 B$12.6 B$11.9 B$215.8 M
Total shares442.7 M415.7 M1,090.0 M359.4 M18.5 M
Float shares441.1 M413.7 M967.5 M360.5 M18.7 M
  - Institutional holdings (%)95.7%94.5%75.2%96.3%31.5%
  - Insider holdings (%)0.2%0.4%0.8%0.2%13.0%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

AMT summary

Thursday, August 22nd, 2019
Open$227.78
Close$228.51
Day range$225.00 - $228.77
Previous close$227.38
Session gain0.50%
Average true range$4.23
50d mov avg$212.90
100d mov avg$205.30
200d mov avg$186.92
Daily patternlb02c
Weekly pattern lb11c

American Tower performance

To measure stock performance is always good to compare with competitors or related stocks. We compared American Tower against Crown Castle International, CenturyLink, Duke Realty, Gladstone Land, PotlatchDeltic, Power and Telephone and Data Systems in the following table:
Stock3m6m12m
AMTAmerican Tower13.05%30.52%57.43%
CCICrown Castle Inte...15.28%24.06%34.83%
CTLCenturyLink17.22%-10.03%-43.89%
DREDuke Realty8.79%11.79%21.05%
LANDGladstone Land-6.85%-2.58%-8.03%
PCHPotlatchDeltic8.91%4.06%-9.47%
PWPower78.18%88.46%77.59%
TDSTelephone and Dat...-19.09%-23.51%-17.26%

American Tower competitors

We selected a few stocks to conform a list of American Tower competitors to check if you are interested in investing in AMT:

Latest AMT stock news