We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
American Tower (AMT) Beats Stock Market Upswing: What Investors Need to Know
Read MoreHide Full Article
American Tower (AMT - Free Report) closed at $181.36 in the latest trading session, marking a +1.09% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.33%. Meanwhile, the Dow experienced a rise of 1.08%, and the technology-dominated Nasdaq saw an increase of 0.08%.
The wireless communications infrastructure company's stock has climbed by 1.71% in the past month, exceeding the Finance sector's loss of 3.99% and the S&P 500's gain of 1.41%.
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 predicted to post an EPS of $2.84, indicating a 2.16% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $2.77 billion, indicating a 2.06% upward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $11.11 per share and revenue of $11.04 billion. These totals would mark changes of +3.25% and +3.68%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for American Tower. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. At present, American Tower boasts a Zacks Rank of #2 (Buy).
Looking at its valuation, American Tower is holding a Forward P/E ratio of 16.16. This signifies a premium in comparison to the average Forward P/E of 11.44 for its industry.
Meanwhile, AMT's PEG ratio is currently 2.8. 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. REIT and Equity Trust - Other stocks are, on average, holding a PEG ratio of 2.05 based on yesterday's closing prices.
The REIT and Equity Trust - Other industry is part of the Finance sector. With its current Zacks Industry Rank of 85, this industry ranks in the top 35% of all industries, numbering over 250.
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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
Image: Bigstock
American Tower (AMT) Beats Stock Market Upswing: What Investors Need to Know
American Tower (AMT - Free Report) closed at $181.36 in the latest trading session, marking a +1.09% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.33%. Meanwhile, the Dow experienced a rise of 1.08%, and the technology-dominated Nasdaq saw an increase of 0.08%.
The wireless communications infrastructure company's stock has climbed by 1.71% in the past month, exceeding the Finance sector's loss of 3.99% and the S&P 500's gain of 1.41%.
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 predicted to post an EPS of $2.84, indicating a 2.16% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $2.77 billion, indicating a 2.06% upward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $11.11 per share and revenue of $11.04 billion. These totals would mark changes of +3.25% and +3.68%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for American Tower. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. At present, American Tower boasts a Zacks Rank of #2 (Buy).
Looking at its valuation, American Tower is holding a Forward P/E ratio of 16.16. This signifies a premium in comparison to the average Forward P/E of 11.44 for its industry.
Meanwhile, AMT's PEG ratio is currently 2.8. 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. REIT and Equity Trust - Other stocks are, on average, holding a PEG ratio of 2.05 based on yesterday's closing prices.
The REIT and Equity Trust - Other industry is part of the Finance sector. With its current Zacks Industry Rank of 85, this industry ranks in the top 35% of all industries, numbering over 250.
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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.