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American Tower (AMT) Stock Drops Despite Market Gains: Important Facts to Note
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American Tower (AMT - Free Report) closed at $186.62 in the latest trading session, marking a -3.35% move from the prior day. This change lagged the S&P 500's daily gain of 0.56%. Elsewhere, the Dow saw an upswing of 0.26%, while the tech-heavy Nasdaq appreciated by 0.78%.
Heading into today, shares of the wireless communications infrastructure company had gained 8.63% over the past month, outpacing the Finance sector's loss of 1.23% and the S&P 500's loss of 1.27%.
Market participants will be closely following the financial results of American Tower in its upcoming release. The company plans to announce its earnings on February 24, 2026. The company is expected to report EPS of $2.54, up 9.48% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $2.68 billion, indicating a 5.05% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $10.67 per share and revenue of $10.58 billion, which would represent changes of +1.23% and -2.09%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for American Tower. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.73% lower. American Tower currently has a Zacks Rank of #4 (Sell).
Looking at its valuation, American Tower is holding a Forward P/E ratio of 17.48. This signifies a premium in comparison to the average Forward P/E of 12.21 for its industry.
One should further note that AMT currently holds a PEG ratio of 0.78. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The REIT and Equity Trust - Other industry had an average PEG ratio of 2.59 as trading concluded yesterday.
The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 167, putting it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow AMT in the coming trading sessions, be sure to utilize Zacks.com.
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American Tower (AMT) Stock Drops Despite Market Gains: Important Facts to Note
American Tower (AMT - Free Report) closed at $186.62 in the latest trading session, marking a -3.35% move from the prior day. This change lagged the S&P 500's daily gain of 0.56%. Elsewhere, the Dow saw an upswing of 0.26%, while the tech-heavy Nasdaq appreciated by 0.78%.
Heading into today, shares of the wireless communications infrastructure company had gained 8.63% over the past month, outpacing the Finance sector's loss of 1.23% and the S&P 500's loss of 1.27%.
Market participants will be closely following the financial results of American Tower in its upcoming release. The company plans to announce its earnings on February 24, 2026. The company is expected to report EPS of $2.54, up 9.48% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $2.68 billion, indicating a 5.05% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $10.67 per share and revenue of $10.58 billion, which would represent changes of +1.23% and -2.09%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for American Tower. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.73% lower. American Tower currently has a Zacks Rank of #4 (Sell).
Looking at its valuation, American Tower is holding a Forward P/E ratio of 17.48. This signifies a premium in comparison to the average Forward P/E of 12.21 for its industry.
One should further note that AMT currently holds a PEG ratio of 0.78. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The REIT and Equity Trust - Other industry had an average PEG ratio of 2.59 as trading concluded yesterday.
The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 167, putting it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow AMT in the coming trading sessions, be sure to utilize Zacks.com.