American Story

AMT -  USA Stock  

USD 265.94  3.57  1.32%

American Tower Revenue to Assets are comparatively stable at the moment as compared to the past year. American Tower reported Revenue to Assets of 0.17 in 2020. Total Assets Per Share is likely to gain to 114.70 in 2021, whereas Average Assets are likely to drop slightly above 37 B in 2021. In spite of comparatively stable primary indicators, American Tower is not utilizing all of its potentials. The current stock price uproar, may contribute to a short-horizon swings for the private investors. Will private investors continue to hold, or should we expect a sell-off?
Published over a month ago
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Our trade recommendation on American Tower (NYSE:AMT) based on the newest fundamentals
American Tower is OVERVALUED at 230.30 per share with modest projections ahead.
We consider American Tower very steady. American Tower Corp secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had 0.12% of return per unit of standard deviation over the last month. Our philosophy in foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for American Tower Corp, which you can use to evaluate the future volatility of the firm. Please confirm American Tower Corp mean deviation of 1.09, and Risk Adjusted Performance of 0.0959 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%.
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.

What is American Asset Breakdown?

American Tower Corp reports assets on its Balance Sheet. It represents the amount of American resources that either has an existing economic value or will provide some form of benefits in the future. To get a better handle on how balance sheet or income statements item affect American volatility, please check the breakdown of all its fundamentals

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 $1.38 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 ReportedProjected for 2021
Preferred Dividends Income Statement Impact8.5 M8.7 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

There are few distinct groups of American Tower stakehholders that the SEC considers insiders. Investors usually gain information through their work as corporate directors, officers, or employees. If these individuals share the information with a friend, family, or business partner and the person who receives the information exchanges stock in the company, he or shie is also an insider. 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 seven hundred seventy 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
Retail Investors6.7
 2018 2019 2020 2021 (projected)
Consolidated Income1.26 B1.92 B1.69 B1.44 B
Direct Expenses2.18 B2.22 B2.23 B1.77 B

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 29.88 percent. This implies that the company is making $0.3 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
37.8 B
18.5 B
Current Assets2.45 Billion4.16
Assets Non Current37.79 Billion64.13
Goodwill18.53 Billion31.45
Tax Assets153.68 Million0.26

American Tower has 87 percent chance to drop way below $247 in May

Newest Sortino Ratio is up to 0.02. Price may drop again.
As of the 29th of April, American Tower shows the risk adjusted performance of 0.0959, and Mean Deviation of 1.09. American Tower Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have collected data for nineteen technical drivers for American Tower Corp, which can be compared to its rivals. Please confirm American Tower Corp standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if American Tower Corp is priced correctly, providing market reflects its regular price of 251.95 per share. Given that American Tower has jensen alpha of 0.0829, we suggest you to validate American Tower Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Our Final Takeaway

Whereas some other companies under the reit—specialty industry are still a bit expensive, American Tower may offer a potential longer-term growth to private investors. Taking everything into account, as of the 29th of April 2021, we believe American Tower is currently overvalued. It follows the market closely and projects below average probability of financial unrest in the next two years. However, our present 30 days 'Buy-vs-Sell' recommendation on the firm is Strong Buy.

About Contributor

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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