AMT stock: buy or sell?
August 22nd, 2019
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:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-1||JPMorgan Chase & Co.||n/a||Neutral|
|2019-5-9||Royal Bank of Canada||n/a||Outperform|
|2019-5-20||Morgan Stanley||n/a||Equal Weight|
|2019-4-15||Wells Fargo & Co||Outperform||Market Perform|
|2019-3-6||Royal Bank of Canada||Outperform||Positive|
|2019-3-19||Bank of America||n/a||Buy|
|2019-3-11||Morgan Stanley||Equal Weight||Equal Weight|
|2019-2-28||Wells Fargo & Co||n/a||Outperform|
AMT stock analysis
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%).
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 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 $209.80Predicting 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-1||SunTrust Banks||Raises Target||n/a||$230.00||-|
|2019-8-1||JPMorgan Chase & Co.||Raises Target||$200.00||$220.00||10%|
|2019-5-9||Royal Bank of Canada||Raises Target||$195.00||$203.00||4.1%|
|2019-5-6||SunTrust Banks||Raises Target||n/a||$210.00||-|
|2019-5-20||Morgan Stanley||Raises Target||$185.00||$201.00||8.6%|
|2019-3-6||Royal Bank of Canada||Raises Target||$173.00||$195.00||12.7%|
|2019-3-19||Bank of America||Raises Target||$172.00||$208.00||20.9%|
|2019-3-11||Morgan Stanley||Raises Target||$170.00||$185.00||8.8%|
|2019-2-28||Wells Fargo & Co||Reiterates||$176.00||$190.00||8%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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.
|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 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.
|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 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:
|Market cap||$101.2 B||$60.8 B||$12.6 B||$11.9 B||$215.8 M|
|Total shares||442.7 M||415.7 M||1,090.0 M||359.4 M||18.5 M|
|Float shares||441.1 M||413.7 M||967.5 M||360.5 M||18.7 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Thursday, August 22nd, 2019|
|Day range||$225.00 - $228.77|
|Average true range||$4.23|
|50d mov avg||$212.90|
|100d mov avg||$205.30|
|200d mov avg||$186.92|
American Tower performanceTo 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:
|CCICrown Castle Inte...||15.28%||24.06%||34.83%|
|TDSTelephone and Dat...||-19.09%||-23.51%||-17.26%|
American Tower competitorsWe selected a few stocks to conform a list of American Tower competitors to check if you are interested in investing in AMT:
- Crown Castle International (CCI)
- CenturyLink (CTL)
- Duke Realty (DRE)
- Gladstone Land (LAND)
- PotlatchDeltic (PCH)
- Power (PW)
- Telephone and Data Systems (TDS)
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