American Story

AMT -- USA Stock

USD 248.54 0.08 0.0322%

Macroaxis Story

American Tower Quick Ratio is comparatively stable at the moment as compared to the past year. American Tower reported Quick Ratio of 0.45 in 2020. Book Value per Share is likely to gain to 13.57 in 2021, whereas Average Assets are likely to drop slightly above 37.7 B in 2021. American Tower Corp is scheduled to announce its earnings today. The next earnings report is expected on the 5th of May 2021. While many fundamental traders are getting carried away by overanalyzing balance sheets and income statements, it is reasonable to review American Tower Corp against its basic efficiency ratios. We will analyze why American Tower investors may still consider a stake in the business. We currently estimate American Tower as undervalued. The real value is approaching 251.47 per share.

Published over a month ago

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Will American Tower (NYSE:AMT) forward indicators remain uncertain in March?

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.

Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include American Tower income statement, its balance sheet, and the statement of cash flows. Potential American Tower investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although American Tower investors may use each financial statement separately, they are all related. The changes in American Tower's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on American Tower's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

The goal of American Tower fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of American Tower performance into the future periods or doing a reasonable stock valuation. The intrinsic value of American Tower shares is the value that is considered the true value of the share. If the intrinsic value of American is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares American Tower.

Please read more on our fundamental analysis page.

Are American Tower Earnings Expected to grow?

The future earnings power of American Tower involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of American Tower factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. American Tower stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of American expected earnings.

And What about dividends?

A dividend is the distribution of a portion of American Tower earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. American Tower dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. American one year expected dividend income is about $1.69 per share.

Preferred Dividends Income Statement Impact is likely to gain to about 8.7 M in 2021, whereas Payment of Dividends and Other Cash Distributions is likely to drop (2 B) in 2021.

	Last Reported	Projected for 2021
Preferred Dividends Income Statement Impact	8.5 M	8.7 M
Payment of Dividends and Other Cash Distributions	-1.9 B	-2 B
Dividend Yield	0.02	0.0198
Dividends per Basic Common Share	4.53	3.65

Investing in stocks that pay dividends, such as stock of American Tower Corp, is one of many strategies that are good for long-term investments. Ex-dividend dates are significant because investors in American Tower must own a stock before its ex-dividend date to receive its next dividend.

This type of analysis is very useful when you want to generate a past dividend schedule and payout information for American Tower. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.

It is good to see analyst projects for American Tower, but it might be worth checking our own buy vs. sell analysis

American Tower Gross Profit

American Tower Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing American Tower previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show American Tower Gross Profit growth over the last 10 years.

Please check Gross Profit in more details.

Breaking it down

Institutional investors typically avoid acquiring a high percentage of American Tower stocks because performing such an act may violate securities laws. They are usually not investing their own money, but rather making investments on behalf of their clients. Let's take a look at how the ownership of American is distributed among investors.

Ownership Allocation

American Tower holds a total of four hundred fourty-four million two hundred ten thousand outstanding shares. The majority of American Tower Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in American Tower Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in American Tower. Please pay attention to any change in the institutional holdings of American Tower Corp as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Retail Investors

6.64%

Institutions

93.09%

	Retail Investors	6.64
	Insiders	0.27
	Institutions	93.09

	2018	2019	2020	2021 (projected)
Consolidated Income	1.26 B	1.92 B	2.2 B	2.38 B
Direct Expenses	2.18 B	2.22 B	2 B	1.61 B

Consolidated Income Direct Expenses

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. American Tower has an asset utilization ratio of 29.14 percent. This implies that the company is making $0.29 for each dollar of assets. An increasing asset utilization means that American Tower Corp is more efficient with each dollar of assets it utilizes for everyday operations.

Assets Non Current

37.7 B

Goodwill

18.1 B

Current Assets	2.39 Billion	4.1
Assets Non Current	37.7 Billion	64.58
Goodwill	18.13 Billion	31.05
Tax Assets	155.02 Million	0.27

Possible March come-back of American?

Newest information ratio is at -0.14. American Tower Corp exhibits very low volatility with skewness of 0.12 and kurtosis of 0.01. However, we advise investors to further study American Tower Corp technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure American Tower's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact American Tower's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Conclusion on American Tower

Whereas some firms in the reit?specialty industry are either recovering or due for a correction, American may not be as strong as the others in terms of longer-term growth potentials. All things considered, as of the 25th of February 2021, our analysis shows that American Tower slowly supersedes the market. The firm is undervalued and projects below average odds of distress for the next 2 years. Our actual 30 days buy-hold-sell advice on the firm is Buy.

About Contributor

Gabriel Shpitalnik is a Member of Macroaxs Editorial Board. Gabriel is a young entrepreneur and writes predominantly on the business, technology, and finance sector. He likes to analyze different equity instruments across a wide range of industries focusing primarily on consumer products and evolving technologies. View Profile

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of American Tower Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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