American Tower Corp (AMT) concluded trading on Thursday at a closing price of $190.07, with 3.54 million shares of worth about $673.73 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -10.82% during that period and on January 16, 2025 the price saw a gain of about 5.41%. Currently the company’s common shares owned by public are about 467.28M shares, out of which, 465.90M shares are available for trading.
Stock saw a price change of 6.07% in past 5 days and over the past one month there was a price change of -3.60%. Year-to-date (YTD), AMT shares are showing a performance of 3.63% which decreased to -8.64% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $170.46 but also hit the highest price of $243.56 during that period. The average intraday trading volume for American Tower Corp shares is 2.51 million. The stock is currently trading 4.40% above its 20-day simple moving average (SMA20), while that difference is down -2.21% for SMA50 and it goes to -6.91% lower than SMA200.
American Tower Corp (NYSE: AMT) currently have 467.28M outstanding shares and institutions hold larger chunk of about 93.57% of that.
The stock has a current market capitalization of $88.82B and its 3Y-monthly beta is at 0.85. PE ratio of stock for trailing 12 months is 80.13, while it has posted earnings per share of $2.37 in the same period. Its PEG reads 2.99 while making debt-to-equity ratio of 12.30. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AMT, volatility over the week remained 3.02% while standing at 2.43% over the month.
Stock’s fiscal year EPS is expected to rise by 53.73% while it is estimated to increase by 36.81% in next year. EPS is likely to grow at an annualized rate of 26.80% for next 5-years, compared to annual growth of 2.77% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on October 10, 2024 offering an Equal weight rating for the stock and assigned a target price range of between $245 and $230 to it. Coverage by Goldman stated American Tower Corp (AMT) stock as a Buy in their note to investors on July 01, 2024, suggesting a price target of $230 for the stock. On May 01, 2024, Raymond James Upgrade their recommendations, while on April 08, 2024, Mizuho Initiated their ratings for the stock with a price target of $205. Stock get a Buy rating from HSBC Securities on December 14, 2023.
