American Stock Buy Hold or Sell Recommendation

AMT
 Stock
  

USD 221.68  7.13  3.12%   

Considering the 90-day investment horizon and your complete indifference towards market risk, our recommendation regarding American Tower Corp is 'Strong Buy'. Macroaxis provides American Tower buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AMT positions. The advice algorithm takes into account all of American Tower's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from American Tower's buy-and-hold perspective. Please continue to American Tower Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as American and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards American Tower Corp.

Execute American Tower Buy or Sell Advice

The American recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on American Tower Corp. Macroaxis does not own or have any residual interests in American Tower Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute American Tower's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell American TowerBuy American Tower
Strong Buy

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

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Economic Sensitivity

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Analyst Consensus

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Reporting Quality (M-Score)

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For the selected time horizon American Tower Corp has a Risk Adjusted Performance of (0.09), Jensen Alpha of (0.1), Total Risk Alpha of (0.07) and Treynor Ratio of (0.16)
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. To make sure American Tower is not overpriced, please confirm all American Tower Corp fundamentals, including its shares owned by insiders, cash and equivalents, number of employees, as well as the relationship between the price to sales and book value per share . Given that American Tower Corp has a price to earning of 54.33 X, we suggest you to validate American Tower Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

American Tower Trading Alerts and Improvement Suggestions

American Tower Corp generated a negative expected return over the last 90 days
The company has 49.47 B in debt with debt to equity (D/E) ratio of 4.61, demonstrating that the company may be unable to create cash to meet all of its financial commitments. American Tower Corp has a current ratio of 0.49, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist American Tower until it has trouble settling it off, either with new capital or with free cash flow. So, American Tower's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like American Tower Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for American to invest in growth at high rates of return. When we think about American Tower's use of debt, we should always consider it together with cash and equity.
Over 91.0% of American Tower shares are held by institutions such as insurance companies
Latest headline from www.nasdaq.com: AMT, EQIX, or PLD Which REIT is Wall Street Most Bullish On - Nasdaq

American Tower current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. American analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. American analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price289.17
Target Median Price286.00
Target High Price336.00
Recommendation Mean2.00
Number Of Analyst Opinions18
Target Low Price250.00
Average Consensus Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

American Tower Returns Distribution Density

The distribution of American Tower's historical returns is an attempt to chart the uncertainty of American Tower's future price movements. The chart of the probability distribution of American Tower stock daily returns describes the distribution of returns around its average expected value. We use American Tower Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of American Tower returns is essential to provide solid investment advice for American Tower.
Mean Return-0.13Value At Risk-2.89
Potential Upside2.27Standard Deviation1.62
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of American Tower historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

American Tower Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to American Tower or Real Estate sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that American Tower's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a American stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.1
β
Beta against DOW0.91
σ
Overall volatility
1.59
Ir
Information ratio -0.06

American Tower Volatility Alert

American Tower Corp exhibits very low volatility with skewness of -0.19 and kurtosis of 0.15. However, we advise investors to further study American Tower Corp technical indicators to ensure that 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 bullish 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.

American Tower Fundamentals Vs Peers

Comparing American Tower's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze American Tower's direct or indirect competition across all of the common fundamentals between American Tower and the related equities. This way, we can detect undervalued stocks with similar characteristics as American Tower or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of American Tower's fundamental indicators could also be used in its relative valuation, which is a method of valuing American Tower by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare American Tower to competition
FundamentalsAmerican TowerPeer Average
Return On Equity31.09 %(0.31) %
Return On Asset3.28 %(0.14) %
Profit Margin27.23 %(1.27) %
Operating Margin60.93 %(5.51) %
Current Valuation177.26 B16.62 B
Shares Outstanding455.41 M571.82 M
Shares Owned by Insiders0.20 %10.09 %
Shares Owned by Institutions91.48 %39.21 %
Number of Shares Shorted3.75 M4.71 M
Price to Earning54.33 X28.72 X
Price to Book26.82 X9.51 X
Price to Sales10.42 X11.42 X
Revenue10.23 B9.43 B
Gross Profit6.67 B27.38 B
EBITDA6.24 B3.9 B
Net Income2.79 B570.98 M
Cash and Equivalents2.07 B2.7 B
Cash per Share4.44 X5.01 X
Total Debt49.47 B5.32 B
Debt to Equity4.61 %48.70 %
Current Ratio0.50 X2.16 X
Book Value Per Share8.73 X1.93 K
Cash Flow from Operations4.35 B971.22 M
Short Ratio1.99 X4.00 X
Earnings Per Share4.31 X3.12 X
Price to Earnings To Growth5.56 X4.89 X
Number of Employees6.38 K18.84 K
Beta0.46-0.15
Market Capitalization106.64 B19.03 B
Total Asset26.9 B29.47 B
Retained Earnings(1.1 B)9.33 B
Working Capital(203.56 M)1.48 B
Current Asset996.47 M9.34 B
   Payment of 188 shares by Steven Vondran of American Tower subject to Rule 16b-3 [view details]

American Tower Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as American . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About American Tower Buy or Sell Advice

When is the right time to buy or sell American Tower Corp? Buying financial instruments such as American Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having American Tower in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Sports Thematic Idea Now

Sports
Sports Theme
Companies in sporting activities arena as well as manufacturers of sporting goods and sport retailers. The Sports theme has 25 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Sports Theme or any other thematic opportunities.
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Please continue to American Tower Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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Is American Tower's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Tower. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Tower listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of American Tower Corp is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Tower's value that differs from its market value or its book value, called intrinsic value, which is American Tower's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Tower's market value can be influenced by many factors that don't directly affect American Tower's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Tower's value and its price as these two are different measures arrived at by different means. Investors typically determine American Tower value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Tower's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.