American Tower Corporation (REIT) (NYSE:AMT) Insider Trading Update



American Tower Corporation (REIT) (NYSE:AMT) has a 1 Year Target Estimate of $130.88. The stock traded with the volume of 5.86 Million in the last trading session. American Tower Corporation (REIT) opened at $106.31 and closed by showing a decrease of -3.56%. The Bid price in the last session was $102.24 x 100 and the Ask price was $102.27 x 200. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).

American Tower Corporation (REIT) has the Market Capitalization of 43.54 Billion. The Stock has its 52-week High of $118.26 and 52-Week Low of $83.07 and it touched its 52-week high on Jul 22, 2016 and 52-Week Low on Feb 11, 2016.

American Tower Corporation (REIT) reported its last Earnings on Oct 27 BMO where the company reported Actual EPS of $1.49/Share whereas, the Analyst Estimated EPS was $1.45/share. The difference between Actual EPS and Estimated EPS was $0.04/share. This represented an Earnings Surprise of 2.8%. The company will report its next earnings on Feb 24 – Feb 28 (Est.).

Some analyst provided their insight on Growth Estimates; American Tower Corporation (REIT) has the Current Quarter Earnings Growth rate of 16.5%. The Next Quarter growth is expected to be 12.1%. In the past 5 years, the stock has earnings growth rate of 3.46% per annum while the Upcoming 5 year’s earnings growth rate is expected to be 13.27% per annum.

17 number of analysts also provided their insight on American Tower Corporation (REIT), where the Average Price Target for the stock is $130.88. They also projected Low Price Target as $120 while High Price Target is set at $142.

A number of analysts rated the stock as well: 8 analysts believe that the stock is a STRONG BUY while 11 reported it as Buy.1 analysts assigned a HOLD rating, 0 said it’s UNDERPERFORM and 0 say that this stock is a SELL.

American Tower Corporation (REIT) annual Divided is 2.2 while it’s Dividend Yield is 2.15%. The stock has its Price to Earnings (P/E) ratio of 51.42 and Forward Price to Earnings ratio of 37.03. The company has its Price to Sales (P/S) ratio of 7.88 where Price to Book (P/B) ratio of 6.49, Price to Cash Per share (P/C) of 0 and Price to Free Cash Flow (P/FCF) has a value of 40.12.

The company has its Return on Assets (ROA) of 3 Percent. Return on Equity (ROE) stands at 12.6% and Return on Investment (ROI) displays a value of 5.8%.

The stock is currently trading at Distance from 20-Day simple moving Average of -5.67% whereas, Distance from 50-Day Simple moving average is -7.84 Percent and Distance from 200-Day Simple Moving Average of -4.84 percent.

A look at performance overview of American Tower Corporation (REIT) depicts that Performance (Week) is -5.29 percent while Performance Month is -12.73%. Quarterly performance shows a value of -9.36% and Half Year Performance value stands at -3.08%. Yearly performance of the stock has the value of 3.12 percent. American Tower Corporation (REIT) has its YTD performance of 7.05 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).

Insider Trades:

Many Insiders have done trades inside the company. The latest trade was made on 23 Oct 2016 where Director Thompson (Samme L) did a transaction type “Sell” in which 2202 shares were traded at a price of $116.13. Another insider trade includes Chief Executive Officer Taiclet (James D Jr) who also initiated a transaction in which 40625 shares were traded on 16 Oct 2016 as “Sell”. On 16 Oct 2016 Chief Executive Officer Taiclet (James D Jr) traded 40625 shares as “Buy” at $37.7. Chief Executive Officer Taiclet (James D Jr) Buy 40625 shares on 18 Sep 2016 at the price of $37.7.

Upgrades/Downgrades Report:

The latest Upgrades/Downgrades was done by Research firm SunTrust on 13-Sep-16 who Initiated the stock  to Buy. Other firms have also Upgraded/Downgraded the stock. On 24-Feb-16, Deutsche Bank took an action “Initiated”  to Buy. On 6-Aug-15, the stock was Upgrade to Overweight by Morgan Stanley.