We're taking a closer look at American Tower today, as the chatter surrounding the stock has increased notably in the last few weeks. Today, its shares moved 3.7% compared to 0.0% for the S&P 500. Increased investor interest and volatility surrounding the stock are not reason enough to buy in -- you should first perform your own due diligence. Here are some figures that can get you started:
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American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of nearly 226,000 communications sites and a highly interconnected footprint of U.
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American Tower has moved -10.0% over the last year compared to 23.0% for the S&P 500 -- a difference of -33.0%
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AMT has an average analyst rating of buy and is -26.63% away from its mean target price of $224.07 per share
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Its trailing 12 month earnings per share (EPS) is $2.06
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American Tower has a trailing 12 month Price to Earnings (P/E) ratio of 79.8 while the S&P 500 average is 15.97
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Its forward earnings per share (EPS) is $4.82 and its forward P/E ratio is 34.1
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AMT has a Price to Earnings Growth (PEG) ratio of 5.29, which shows the company is potentially overvalued when we factor growth into the price to earnings calculus.
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The company has a Price to Book (P/B) ratio of 14.83 in contrast to the S&P 500's average ratio of 2.95
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American Tower is part of the Real Estate sector, which has an average P/E ratio of 24.81 and an average P/B of 2.24
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American Tower has on average reported free cash flows of $4.97 Billion over the last four years, during which time they have grown by an an average of 0.0%