Is American Tower Stock a Good Investment?

American Tower Investment Advice

  AMT
To provide specific investment advice or recommendations on American Tower Corp stock, we recommend investors consider the following general factors when evaluating American Tower Corp. This will help you to make an informed decision on whether to include American Tower in one of your diversified portfolios:
  • Examine American Tower's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research American Tower's leadership team and their track record. Good management can help American Tower navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Telecom Tower REITs space and any emerging trends that could impact American Tower's business and its evolving consumer preferences.
  • Compare American Tower's performance and market position to its competitors. Analyze how American Tower is positioned in terms of product offerings, innovation, and market share.
  • Check if American Tower pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about American Tower's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in American Tower Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if American Tower Corp is a good investment.
 
Sell
 
Buy
Strong Sell
Macroaxis provides advice on American Tower Corp to complement and cross-verify current analyst consensus on American Tower Corp. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure American Tower is not overpriced, please confirm all American Tower Corp fundamentals, including its shares owned by insiders, cash and equivalents, target price, as well as the relationship between the price to sales and book value per share . Given that American Tower Corp has a price to earning of 34.99 X, we suggest you to validate American Tower Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Moves totally opposite to the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Strong BuyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

UnavailableDetails

Examine American Tower Stock

Researching American Tower's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 94.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 1.26. American Tower Corp last dividend was issued on the 9th of October 2024.
To determine if American Tower is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding American Tower's research are outlined below:
American Tower Corp generated a negative expected return over the last 90 days
American Tower Corp has 47.15 B in debt with debt to equity (D/E) ratio of 3.79, meaning that the company heavily relies on borrowing funds for operations. American Tower Corp has a current ratio of 0.56, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for American to invest in growth at high rates of return.
Over 94.0% of American Tower shares are held by institutions such as insurance companies
On 25th of October 2024 American Tower paid $ 1.62 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: 107.38 Billion Telecom Tower Global Market Opportunities and Strategies 2024-2033 Expanding Coverage in Remote Areas, Strategic Partnerships, Renewable Energy Adoption to Enhance Sustainability

American Tower Quarterly Accounts Payable

221.3 Million

American Tower uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in American Tower Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to American Tower's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
27th of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View
Earnings surprises can significantly impact American Tower's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises American Tower's investors have experienced.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2008-05-02
2008-03-310.090.10.0111 
2007-05-07
2007-03-310.060.05-0.0116 
2010-02-24
2009-12-310.180.16-0.0211 
2006-11-28
2006-09-300.030.01-0.0266 
2003-10-30
2003-09-30-0.2-0.180.0210 
2000-03-02
1999-12-31-0.13-0.110.0215 
1998-11-16
1998-09-30-0.08-0.060.0225 
2010-11-05
2010-09-300.20.230.0315 

Know American Tower's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as American Tower is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading American Tower Corp backward and forwards among themselves. American Tower's institutional investor refers to the entity that pools money to purchase American Tower's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Principal Financial Group Inc2024-09-30
6.1 M
Akre Capital Management, Llc2024-09-30
6.1 M
Norges Bank2024-06-30
5.8 M
Amvescap Plc.2024-06-30
5.6 M
Goldman Sachs Group Inc2024-06-30
5.6 M
T. Rowe Price Associates, Inc.2024-06-30
5.5 M
Legal & General Group Plc2024-06-30
5.4 M
Charles Schwab Investment Management Inc2024-09-30
5.2 M
Capital Research Global Investors2024-09-30
5.1 M
Vanguard Group Inc2024-09-30
62.5 M
Blackrock Inc2024-06-30
38.1 M
Note, although American Tower's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

American Tower's market capitalization trends

The company currently falls under 'Large-Cap' category with a total capitalization of 95.47 B.

American Tower's profitablity analysis

The company has Net Profit Margin of 0.1 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.45 %, which entails that for every 100 dollars of revenue, it generated $0.45 of operating income.
Determining American Tower's profitability involves analyzing its financial statements and using various financial metrics to determine if American Tower is a good buy. For example, gross profit margin measures American Tower's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of American Tower's profitability and make more informed investment decisions.

American Tower's Earnings Breakdown by Geography

Please note, the imprecision that can be found in American Tower's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of American Tower Corp. Check American Tower's Beneish M Score to see the likelihood of American Tower's management manipulating its earnings.

Evaluate American Tower's management efficiency

American Tower Corp has Return on Asset of 0.0445 % which means that on every $100 spent on assets, it made $0.0445 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1769 %, implying that it generated $0.1769 on every 100 dollars invested. American Tower's management efficiency ratios could be used to measure how well American Tower manages its routine affairs as well as how well it operates its assets and liabilities.
American Tower Corp has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Dividend Yield
0.0317
Forward Dividend Yield
0.0317
Forward Dividend Rate
6.48
Beta
0.842

Basic technical analysis of American Stock

As of the 25th of November, American Tower shows the mean deviation of 1.13, and Risk Adjusted Performance of (0.04). American Tower Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

American Tower's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific American Tower insiders, such as employees or executives, is commonly permitted as long as it does not rely on American Tower's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases American Tower insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

American Tower's Outstanding Corporate Bonds

American Tower issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. American Tower Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most American bonds can be classified according to their maturity, which is the date when American Tower Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Understand American Tower's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing American Tower's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

Consider American Tower's intraday indicators

American Tower intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of American Tower stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

American Tower Corporate Filings

8K
21st of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
FWP
19th of November 2024
A written communication used by offering participants to offer securities to the public or to solicit securities transactions.
ViewVerify
18th of November 2024
Other Reports
ViewVerify
F4
3rd of October 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
American Tower time-series forecasting models is one of many American Tower's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary American Tower's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

American Stock media impact

Far too much social signal, news, headlines, and media speculation about American Tower that are available to investors today. That information is available publicly through American media outlets and privately through word of mouth or via American internal channels. However, regardless of the origin, that massive amount of American data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of American Tower news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of American Tower relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to American Tower's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive American Tower alpha.

American Tower Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards American Tower can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

American Tower Corp Historical Investor Sentiment

Investor biases related to American Tower's public news can be used to forecast risks associated with an investment in American. The trend in average sentiment can be used to explain how an investor holding American can time the market purely based on public headlines and social activities around American Tower Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
American Tower's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for American Tower and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average American Tower news discussions. The higher the estimate score, the more favorable the investor's outlook on American Tower.

American Tower Corporate Directors

David SharbuttIndependent DirectorProfile
JoAnn ReedIndependent DirectorProfile
Gustavo CantuIndependent DirectorProfile
Craig MacnabIndependent DirectorProfile

Already Invested in American Tower Corp?

The danger of trading American Tower Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of American Tower is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than American Tower. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile American Tower Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for American Stock Analysis

When running American Tower's price analysis, check to measure American Tower's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Tower is operating at the current time. Most of American Tower's value examination focuses on studying past and present price action to predict the probability of American Tower's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Tower's price. Additionally, you may evaluate how the addition of American Tower to your portfolios can decrease your overall portfolio volatility.