Within the newest market shut, American Tower (AMT) reached $191.55, with a -0.43% motion in comparison with the day gone by. The inventory’s efficiency was forward of the S&P 500’s every day lack of 1.71%. In the meantime, the Dow misplaced 1.7%, and the Nasdaq, a tech-heavy index, misplaced 2.2%.
Shares of the wi-fi communications infrastructure firm witnessed a acquire of three.21% over the earlier month, beating the efficiency of the Finance sector with its acquire of two.23% and the S&P 500’s acquire of two.2%.
Analysts and buyers alike can be maintaining an in depth eye on the efficiency of American Tower in its upcoming earnings disclosure. The corporate’s earnings report is ready to go public on February 25, 2025. It’s anticipated that the corporate will report an EPS of $2.31, marking a 0.87% rise in comparison with the identical quarter of the earlier yr. On the similar time, our most up-to-date consensus estimate is projecting a income of $2.5 billion, reflecting a ten.13% fall from the equal quarter final yr.
It is also vital for buyers to concentrate on any current modifications to analyst estimates for American Tower. These revisions assist to point out the ever-changing nature of near-term enterprise developments. Therefore, optimistic alterations in estimates signify analyst optimism concerning the corporate’s enterprise and profitability.
Analysis signifies that these estimate revisions are immediately correlated with near-term share value momentum. To make the most of this, we now have created the Zacks Rank, a proprietary mannequin that integrates these estimate adjustments and supplies a purposeful score system.
Starting from #1 (Sturdy Purchase) to #5 (Sturdy Promote), the Zacks Rank system has a confirmed, outside-audited observe file of outperformance, with #1 shares returning a mean of +25% yearly since 1988. Over the previous month, the Zacks Consensus EPS estimate has moved 0.22% decrease. American Tower presently contains a Zacks Rank of #4 (Promote).
valuation, American Tower is presently buying and selling at a Ahead P/E ratio of 18.5. This denotes a premium relative to the business’s common Ahead P/E of 11.49.
In the meantime, AMT’s PEG ratio is presently 1.24. The PEG ratio is akin to the generally utilized P/E ratio, however this measure additionally incorporates the corporate’s anticipated earnings development fee. The REIT and Fairness Belief – Different business had a mean PEG ratio of two.13 as buying and selling concluded yesterday.
The REIT and Fairness Belief – Different business is a part of the Finance sector. This business presently has a Zacks Business Rank of 163, which places it within the backside 36% of all 250+ industries.
The Zacks Business Rank evaluates the ability of our distinct business teams by figuring out the common Zacks Rank of the person shares forming the teams. Our analysis reveals that the highest 50% rated industries outperform the underside half by an element of two to 1.
You will discover extra info on all of those metrics, and rather more, on Zacks.com.
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American Tower Corporation (AMT) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
