American Tower Corp. [AMT] stock is trading at $230.37, up 2.82%. An important factor to consider is whether the stock is rising or falling in short-term value. The AMT shares have gain 2.25% over the last week, with a monthly amount drifted -1.82%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
American Tower Corp. [NYSE: AMT] stock has seen the most recent analyst activity on July 01, 2024, when Goldman initiated its Buy rating and assigned the stock a price target of $230. Previously, Raymond James upgraded its rating to Strong Buy on May 01, 2024, and elevated its price target to $248. On April 08, 2024, Mizuho initiated with a Neutral rating and assigned a price target of $205 on the stock. HSBC Securities started tracking the stock assigning a Buy rating and suggested a price target of $245 on December 14, 2023. Scotiabank initiated its recommendation with a Sector Outperform and recommended $208 as its price target on October 13, 2023. BMO Capital Markets started tracking with a Outperform rating for this stock on July 13, 2023, and assigned it a price target of $230. In a note dated March 30, 2023, MoffettNathanson upgraded an Outperform rating on this stock and revised its target price from $244 to $234.
American Tower Corp. [AMT] stock has fluctuated between $154.58 and $236.13 over the past year. Currently, Wall Street analysts expect the stock to reach $255 within the next 12 months. American Tower Corp. [NYSE: AMT] shares were valued at $230.37 at the most recent close of the market. An investor can expect a potential return of 10.69% based on the average AMT price forecast.
Analyzing the AMT fundamentals
American Tower Corp. [NYSE:AMT] reported sales of 11.34B for the trailing twelve months, which represents a growth of 4.64%. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at 0.35%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.6 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 10.28.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 224.89 points at the first support level, and at 219.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 233.77, and for the 2nd resistance point, it is at 237.17.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 9.49, the price to book ratio is 27.90 and price to earnings (TTM) ratio is 43.27.
Transactions by insiders
Recent insider trading involved Puech Olivier, Officer, that happened on Sep 03 ’24 when 18989.0 shares were purchased. EVP & President, LatAm & EMEA, Puech Olivier completed a deal on Aug 26 ’24 to sell 9988.0 shares. Meanwhile, Officer Puech Olivier bought 9988.0 shares on Aug 26 ’24.
