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Morning Stock Stories: American Tower Corporation (AMT)

Today’s top gainers include the company American Tower Corporation (NYSE:AMT) which is in the industry REIT – Diversified, gaining 0.24% today. In the last week its performance is -1.00%, and 13.20% for the past quarter. Currently, American Tower Corporation, AMT has a target price of 143.5, so today’s gain of 0.24% is a significant step towards its target price. The GAP today is therefore 0.88%.

American Tower Corporation (NYSE:AMT), has a market cap of 55.82 B, and is based in USA. Insider ownership is at 0.20%, and institutional ownership is 95.00%.

At the current price of 130.5, it has a dividend yield of 1.96%, and its target price is 143.5. This is with a profit margin of 14.60%, and total debt/equity of 2.76. American Tower Corporation (NYSE:AMT) has a P/E of 63.01, as well as a forward P/E of 35.85.

With a current EPS of 2.07, and a forecasted EPS growth for next year at 22.89%,American Tower Corporation (NYSE:AMT) has had a EPS growth for the past five years at 14.80%. For the next five years EPS growth is projected to be 23.11%.

Performance for the year is 21.27%. Since its IPO date on 2/27/1998, the total performance to date is 23.49%.

Volume today for American Tower Corporation (NYSE:AMT), is 1274668, while its average volume is 2120.85. Whilst the total gain today was 0.24%, it did have a day high of -4.83%.

Volatility for this week has been at 1.96%, and 1.92% for the month. The 52-week low for American Tower Corporation, AMT has been 30.87%, while the 52-week-high has reached -4.83%.

Looking at its return of investments, which is 6.70%, and its return on assets is 2.90%. American Tower Corporation (NYSE:AMT) has an operating margin of 30.70%. With a sales growth of 25.40% quarter over quarter. Bearing in mind that American Tower Corporation, AMT is in the sector Financial, its long-term debt/equity is 2.51, and has a current ratio of 0.5 and 0.5 for quick ratio.

So what is the value of American Tower Corporation? Well its PEG is 2.73, and the P/S is 9.13, along with a P/B of 8.14. Meanwhile it has a p/cash of 77.74.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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