Home Sectors Communication Services Current Trend: American Tower Corporation (NYSE: AMT)

Current Trend: American Tower Corporation (NYSE: AMT)

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American Tower Corporation trades as part of the communication services industry and communication services sector. The company CEO is James D. Taiclet. American Tower Corp is a real estate investment trust and an owner, operator and developer of multitenant communications real estate. The company leases the space of communications sites to wireless service providers, and wireless data providers.

Previous Intraday Trading Performance:

The AMT stock showed a previous change of 0.24% with an open at 171.91 and a close of 172.43. It reached an intraday high of 172.99 and a low of 171.05.

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Liquidity:

The stock has a market cap of $76.0b with 440.5m shares outstanding, of which the float is 437.8m shares. Trading volume reached 1,298,844 shares compared to its average volume of 1,897,821 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, American Tower Corporation shares returned 0.87% and in the past 30 trading days it returned 8.72%. Over three months, it changed 13.45%. In one year it has changed 22.10% and within that year its 52-week high was 173.95 and its 52-week low was 132.02. AMT stock is 30.61% above its 52 Week Low.

Our calculations show a 200 day moving average of 148.84 and a 50 day moving average of 163.84. Currently AMT stock is trading 15.85% above its 200 day moving average.

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Earnings:

The last annual fiscal EPS for the company was reported at 2.67 that ended on 31st of December 2017, which according to the previous close, that is a PE of 64.58. Based on 4 analyst estimates, the consensus EPS for the next quarter is 2.25. The TTM EPS is 7.07, which comes to a TTM PE of 24.39. Historically, the PE high was 83.30 and the PE low was 24.39. AMT stock has set a new PE low record!

The following are the last four quarter reported earnings per share:
09-30-2018:  1.85
06-30-2018:  1.90
03-31-2018:  1.73
12-31-2017:  1.59

The dividend per share is currently 3.36, which is a dividend yield of 1.95%. Also, the payout ratio is 47.52%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 165.08, which means it may be overvalued by -4.45%

Indicators to Watch:

Based on the latest filings, there is 141.30% of institutional ownership. Short-interest is 5,416,686, which is 1.23% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.50. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.68

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 19.81%, return on assets is 3.59%, profit margin is 18.31%, price-to-sales is 14.27 and price-to-book is 14.20.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 3  :Past Performance Score
 2  :Financial Strength Score
 2  :Future Growth Score
 3  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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