American Tower stock: buy or sell
Jan 18th, 2021
American Tower stock brief
- American Tower closed last Friday at $219.89 after growing a 2.28%.
- Looking at the chart, price is drawing an scaled downtrend since last November with lower tops and lower bottoms. shares price lost a -12.63% since the downtrend started.
Should I buy American Tower stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $AMT stock a buy?
Currently, American Tower stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $AMT in coming sessions, or that it may not climb higher. Simply, it doesn't match our recommended trading systems
Should I sell American Tower stock?
Knowing when to sell a stock is even more difficult than knowing when to buy it. Trading strategies allow us to avoid rash decisions based on our personal emotions or the buzz surrounding the market. We like very simple setups to guide us on when is a good moment to sell our shares. Be aware that these setups should not be used for selling short $AMT stock
A guiding principle is that you should not mantain an operation that produces higher than expected losses by the time of the buy. When to sell shares should always be dictated by the stop-loss (automatic or manual)
Is it time to sell American Tower stock?
In the current situation of American Tower there is not any eligible sell setup, so American Tower stock holders with operations in profit can keep their positions
American Tower ratings
We don't have any rating posted in the previous month for American Tower
American Tower stock analysis
From a technical standpoint, American Tower continues trending lower since last November, and has accumulated a selloff of -12.63%. The stock plotted 2 consecutive lower tops.
Supports and resistances
The current resistances are:
The current support levels are:
The evolution of the Bollinger Bands on the chart shows that they are fairly tight (less than 5%), which clearly indicates that price volatility is low. Reduced volatility is often the antecedent to a sudden movement (up or down), so we must be alert and manage our buy or sell orders properly
Relative strength index
The has been between the the levels of 30 and 70 for several weeks, and therefore, without this indicator really serving to help us make any decisions.
American Tower stock price history
American Tower went public on Feb 27th, 1998 priced at $14.71 per share1. Since then, AMT stock has risen by 1,394.83%, with an average of 63.40% per year. If you had invested thousand dollars in American Tower stock at that time, it would have a value of $14,948.33 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for American Tower stock
Nobody knows how much a stock will be priced in the future. Banks and financial organisations issue their analysis predicting how a particular stock will performance in the future.
Along with buy or sell recommendations, financial institutions post their price target based on the stock price action and the company fundamental data. Most of these predictions follow the publication of new fundamental information by the company, and many times. Again, these targets are not direct recommendations for small traders and must not be followed blindly.
We don't have any target price posted in the previous 30 days for American Tower.
Earnings and financials
American Tower ($AMT) had the quarterly investors event and released the report last October. American Tower presented earnings of $2.23 per share on revenue of $2.0 billion. The consensus earnings estimate was $1.10 per share on revenue of $2.0 billion.This compares to Earnings of $1.12 per share same quarter last year, so current EPS is an improvement of 99.11%. Looking at revenue, figures only moved compared to $19.5B same quarter last year.
American Tower ($AMT) is hosting the Q4 earnings call late next February. Estimated for this quarter is $1.26, compared to $2.23 that was reported for Q3.
American Tower competitors
American Tower belongs to the Real Estate sector and the REIT - Specialty industry, which contain industry peers.
The following are American Tower major competitors:
|Company||Market cap||Rating||Bullish ratings1|
|American Tower ($AMT)||$99.7B|
|Crown Castle International ($CCI)||$68.7B|| ||1|
|Duke Realty (DRE)||$14.3B||Neutral||0|
|Lumen Technologies (LUMN)||$10.7B||Neutral||0|
|Telephone and Data Systems (TDS)||$2.0B||Buy||1|
|CatchMark Timber (CTT)||$456.4M||Neutral||0|
|Gladstone Land (LAND)||$346.1M||Neutral||0|
|Power REIT (MD) (PW)||$76.6M||Neutral||0|
1 In the last 30 days.
American Tower performance
To better understand American Tower performance you must compare its gains with other related stocks in same sector or industry.. For American Tower, the benchmark is made against Crown Castle International, Duke Realty, Lumen Technologies, PotlatchDeltic, Telephone and Data Systems, CatchMark Timber, Gladstone Land and Power REIT (MD).
|American Tower ($AMT)||1.30%||-7.80%||-14.60%|
|Crown Castle International ($CCI)||0.90%||-5.10%||-9.90%|
|Duke Realty (DRE)||-1.80%||1.00%||9.50%|
|Lumen Technologies (LUMN)||8.40%||18.40%||25.20%|
|Telephone and Data Systems (TDS)||5.60%||12.40%||1.70%|
|CatchMark Timber (CTT)||-4.70%||12.00%||1.90%|
|Gladstone Land (LAND)||2.20%||9.60%||-2.10%|
|Power REIT (MD) (PW)||13.60%||85.80%||36.30%|
Please read:The viewpoints written in this article are personal and should not be followed as recommendations for you to buy or sell shares. The author of this report does not have an understanding of the specific positions of the reader, his or her own financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are expressed for education purposes only
American Tower summary
|Friday, January 15th, 2021|
|Day range||$214.22 - $220.46|
|Average true range||$5.78|
|50d mov avg||$225.50|
|100d mov avg||$233.68|
|200d mov avg||$241.11|
|Earnings date||February 23rd, 2021|