AMT stock: buy or sell?

AMT stock price: $220.75 6.66% At close on April 2nd, 2020

Updated on:
April 2nd, 2020

2

After sliding a frightening -5.21% yesterday, American Tower closed today at $220.75 and climbed a dazzling 6.66%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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

Daily outlook

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.

AMT stock chart (daily)

Weekly outlook

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 chart (weekly)

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 target

Predicting 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 Share

American Tower disappointed analysts when it published an Earnings per Share (EPS) of $0.62 when the market consensus was $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

Compared 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.

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 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.
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 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:

AMT
Market cap$97.8 B
Total shares442.9 M
Float shares441.2 M
  - Institutional holdings (%)94.9%
  - Insider holdings (%)0.3%
Shares in short selling0.0%

AMT summary

Thursday, April 2nd, 2020
Open$207.00
Close$220.75
Day range$205.59 - $221.09
Previous close$206.97
Session gain6.66%
Average true range$20.91
50d mov avg$232.45
100d mov avg$225.75
200d mov avg$221.01
Daily patternlb01a
Weekly pattern

American Tower performance

Performance 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 :
Stock3m6m12m
AMTAmerican Tower-3.44%-1.64%15.02%

American Tower competitors

Unfortunately, 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