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American Tower (AMT) Ascends While Market Falls: Some Facts to Note
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In the latest close session, American Tower (AMT - Free Report) was up +1.53% at $166.08. The stock's change was more than the S&P 500's daily loss of 0.22%. Meanwhile, the Dow lost 0.03%, and the Nasdaq, a tech-heavy index, lost 0.66%.
The wireless communications infrastructure company's shares have seen a decrease of 11.84% over the last month, not keeping up with the Finance sector's gain of 2.72% and the S&P 500's loss of 1.21%.
The upcoming earnings release of American Tower will be of great interest to investors. The company's earnings report is expected on July 28, 2026. On that day, American Tower is projected to report earnings of $2.69 per share, which would represent year-over-year growth of 3.46%. In the meantime, our current consensus estimate forecasts the revenue to be $2.71 billion, indicating a 3.09% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $10.97 per share and revenue of $10.91 billion. These totals would mark changes of +1.95% and +2.53%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for American Tower. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. American Tower presently features a Zacks Rank of #3 (Hold).
In the context of valuation, American Tower is at present trading with a Forward P/E ratio of 14.91. This denotes a premium relative to the industry average Forward P/E of 13.08.
We can additionally observe that AMT currently boasts a PEG ratio of 0.66. 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. By the end of yesterday's trading, the REIT and Equity Trust - Other industry had an average PEG ratio of 2.56.
The REIT and Equity Trust - Other industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 58, positioning it in the top 24% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
View the Zacks #1 Rank List
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American Tower (AMT) Ascends While Market Falls: Some Facts to Note
In the latest close session, American Tower (AMT - Free Report) was up +1.53% at $166.08. The stock's change was more than the S&P 500's daily loss of 0.22%. Meanwhile, the Dow lost 0.03%, and the Nasdaq, a tech-heavy index, lost 0.66%.
The wireless communications infrastructure company's shares have seen a decrease of 11.84% over the last month, not keeping up with the Finance sector's gain of 2.72% and the S&P 500's loss of 1.21%.
The upcoming earnings release of American Tower will be of great interest to investors. The company's earnings report is expected on July 28, 2026. On that day, American Tower is projected to report earnings of $2.69 per share, which would represent year-over-year growth of 3.46%. In the meantime, our current consensus estimate forecasts the revenue to be $2.71 billion, indicating a 3.09% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $10.97 per share and revenue of $10.91 billion. These totals would mark changes of +1.95% and +2.53%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for American Tower. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. American Tower presently features a Zacks Rank of #3 (Hold).
In the context of valuation, American Tower is at present trading with a Forward P/E ratio of 14.91. This denotes a premium relative to the industry average Forward P/E of 13.08.
We can additionally observe that AMT currently boasts a PEG ratio of 0.66. 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. By the end of yesterday's trading, the REIT and Equity Trust - Other industry had an average PEG ratio of 2.56.
The REIT and Equity Trust - Other industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 58, positioning it in the top 24% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.