With 1.97 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.26 million shares. The 52-week range on AMT shows that it touched its highest point at $243.56 and its lowest point at $172.51 during that stretch. It currently has a 1-year price target of $246.30. With its current market cap of 98.44 billion, AMT has annualized dividend of $6.56 while the current yield stands at 3.12%. Beta for the stock currently stands at 0.83.
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 down-trending over the past week, with a drop of -0.67%, but this was down by -1.10% over a month. Three-month performance surged to 9.77% while six-month performance rose 5.75%. The stock gained 9.65% in the past year, while it has gained 14.64% so far this year. A look at the trailing 12-month EPS for AMT yields 3.90 with Next year EPS estimates of 7.16. For the next quarter, that number is 1.66. This implies an EPS growth rate of 26.81% for this year and 17.13% for next year. EPS is expected to grow by 16.59% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 2.60%.
Float and Shares Shorts:
At present, 468.13 million AMT shares are outstanding with a float of 466.73 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 $4.30361 being high and $4.27913 being low. For AMT, this leads to a yearly average estimate of $4.29545. Based on analyst estimates, the high estimate for the next quarter is $1.69 and the low estimate is $1.61. The average estimate for the next quarter is thus $1.65.
