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American Tower (AMT) Outpaces Stock Market Gains: What You Should Know
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American Tower (AMT - Free Report) ended the recent trading session at $164.78, demonstrating a +1.55% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 0.58%. Meanwhile, the Dow gained 0.49%, and the Nasdaq, a tech-heavy index, added 0.45%.
The stock of wireless communications infrastructure company has fallen by 7.73% in the past month, lagging the Finance sector's loss of 4.49% and the S&P 500's gain of 0.84%.
Analysts and investors alike will be keeping a close eye on the performance of American Tower in its upcoming earnings disclosure. The company's earnings report is set to go public on October 27, 2026. The company is expected to report EPS of $2.84, up 2.16% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.77 billion, up 2.06% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $11.11 per share and revenue of $11.04 billion, indicating changes of +3.25% and +3.68%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for American Tower. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 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 14.61. This valuation marks a premium compared to its industry average Forward P/E of 11.61.
It is also worth noting that AMT currently has a PEG ratio of 2.53. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the REIT and Equity Trust - Other industry was having an average PEG ratio of 2.06.
The REIT and Equity Trust - Other industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 106, positioning it in the top 44% 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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American Tower (AMT) Outpaces Stock Market Gains: What You Should Know
American Tower (AMT - Free Report) ended the recent trading session at $164.78, demonstrating a +1.55% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 0.58%. Meanwhile, the Dow gained 0.49%, and the Nasdaq, a tech-heavy index, added 0.45%.
The stock of wireless communications infrastructure company has fallen by 7.73% in the past month, lagging the Finance sector's loss of 4.49% and the S&P 500's gain of 0.84%.
Analysts and investors alike will be keeping a close eye on the performance of American Tower in its upcoming earnings disclosure. The company's earnings report is set to go public on October 27, 2026. The company is expected to report EPS of $2.84, up 2.16% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.77 billion, up 2.06% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $11.11 per share and revenue of $11.04 billion, indicating changes of +3.25% and +3.68%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for American Tower. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 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 14.61. This valuation marks a premium compared to its industry average Forward P/E of 11.61.
It is also worth noting that AMT currently has a PEG ratio of 2.53. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the REIT and Equity Trust - Other industry was having an average PEG ratio of 2.06.
The REIT and Equity Trust - Other industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 106, positioning it in the top 44% 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.