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American Tower (AMT) Declines More Than Market: Some Information for Investors
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American Tower (AMT - Free Report) ended the recent trading session at $163.69, demonstrating a -2.19% change from the preceding day's closing price. This change lagged the S&P 500's 0.25% loss on the day. At the same time, the Dow lost 0.86%, and the tech-heavy Nasdaq gained 0.24%.
Shares of the wireless communications infrastructure company witnessed a loss of 4.93% over the previous month, trailing the performance of the Finance sector with its loss of 4.43%, and the S&P 500's loss of 0.42%.
The investment community will be closely monitoring the performance of American Tower in its forthcoming earnings report. The company is scheduled to release its earnings on October 27, 2026. The company is forecasted to report an EPS of $2.84, showcasing a 2.16% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $2.77 billion, up 2.06% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $11.11 per share and a revenue of $11.04 billion, signifying shifts of +3.25% and +3.68%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for American Tower. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. As of now, American Tower holds a Zacks Rank of #3 (Hold).
Looking at valuation, American Tower is presently trading at a Forward P/E ratio of 15.07. For comparison, its industry has an average Forward P/E of 11.85, which means American Tower is trading at a premium to the group.
We can additionally observe that AMT currently boasts a PEG ratio of 2.61. 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 currently had an average PEG ratio of 2.12 as of yesterday's close.
The REIT and Equity Trust - Other industry is part of the Finance sector. With its current Zacks Industry Rank of 105, this industry ranks in the top 43% of all industries, numbering over 250.
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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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American Tower (AMT) Declines More Than Market: Some Information for Investors
American Tower (AMT - Free Report) ended the recent trading session at $163.69, demonstrating a -2.19% change from the preceding day's closing price. This change lagged the S&P 500's 0.25% loss on the day. At the same time, the Dow lost 0.86%, and the tech-heavy Nasdaq gained 0.24%.
Shares of the wireless communications infrastructure company witnessed a loss of 4.93% over the previous month, trailing the performance of the Finance sector with its loss of 4.43%, and the S&P 500's loss of 0.42%.
The investment community will be closely monitoring the performance of American Tower in its forthcoming earnings report. The company is scheduled to release its earnings on October 27, 2026. The company is forecasted to report an EPS of $2.84, showcasing a 2.16% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $2.77 billion, up 2.06% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $11.11 per share and a revenue of $11.04 billion, signifying shifts of +3.25% and +3.68%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for American Tower. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. As of now, American Tower holds a Zacks Rank of #3 (Hold).
Looking at valuation, American Tower is presently trading at a Forward P/E ratio of 15.07. For comparison, its industry has an average Forward P/E of 11.85, which means American Tower is trading at a premium to the group.
We can additionally observe that AMT currently boasts a PEG ratio of 2.61. 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 currently had an average PEG ratio of 2.12 as of yesterday's close.
The REIT and Equity Trust - Other industry is part of the Finance sector. With its current Zacks Industry Rank of 105, this industry ranks in the top 43% of all industries, numbering over 250.
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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.