With 2.85 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.28 million shares. The 52-week range on AMT shows that it touched its highest point at $243.56 and its lowest point at $170.46 during that stretch. It currently has a 1-year price target of $224.06. With its current market cap of 89.90 billion, AMT has annualized dividend of $6.48 while the current yield stands at 3.37%. Beta for the stock currently stands at 0.89.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AMT was up-trending over the past week, with a rise of 1.51%, but this was up by 1.29% over a month. Three-month performance dropped to -2.07% while six-month performance fell -12.42%. The stock gained 2.81% in the past year, while it has gained 4.89% so far this year. A look at the trailing 12-month EPS for AMT yields 2.37 with Next year EPS estimates of 6.67. For the next quarter, that number is 1.74. This implies an EPS growth rate of 43.61% for this year and 46.08% for next year. EPS is expected to grow by 31.23% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 2.77%.
Float and Shares Shorts:
At present, 467.28 million AMT shares are outstanding with a float of 466.01 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AMT since 11 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.57545 being high and $4.54943 being low. For AMT, this leads to a yearly average estimate of $4.56678. Based on analyst estimates, the high estimate for the next quarter is $2.71 and the low estimate is $1.58. The average estimate for the next quarter is thus $1.87.
