American Tower Stock Buy or Sell? AMT Stocks Forecast

Market Capitalization: 92 426 084 000 $
EBITDA: 6 493 700 000 $
Price to Earnings: 50.0
Quarterly Earnings Growth YOY: 0.139
Quarterly Revenue Growth YOY: 0.106
Trailing PE: 50.0
Forward PE: 48.78
Shares Outstanding: 465646000

American Tower Stock Buy or Sell? AMT Stocks Analytic Forecasts

March 31, 2023 (20:44)

American Tower Corp. (REIT) (AMT) Sector: Real Estate

We present you the most up-to-date and complete review of analytical trend forecasts and views on the AMT stock market. Experts share their opinions on what to expect from the American Tower Corp. (REIT) stock market. How likely is the stock price to move in a bullish or bearish trend. Which should help you to make the right decision whether to Buy or Sell American Tower stocks.

American Tower Corp. (REIT) Stock Market Experts’ Analysis and Forecasting – Sell or Buy AMT Shares?

The most recent analytical view which can help you to answer the worrying question: Should I Buy Stocks Now or Wait? came out under the authorship of Hoya Capital and is titled

“American Tower: Time To Buy This ATM (At The Market)”

is published on March 22 (2023) and has 13 likes. The review predicts Strong Bullish market trend.

It summarize the following theses:

  • American Tower is a top-tier business that continues to benefit from heavy investments in 5G deployments by the top wireless carriers.
  • AMT has a long growth runway ahead as wireless demand continues to grow at an accelerating pace.
  • Recent share price weakness gives long-term dividend growth investors an excellent opportunity to layer into the stock.

The author starts his analytic review with the following:

There are some in the finance industry such as the late founder of Vanguard, who would have you believe that you can’t time the market. I believe this comes from a place of arrogance, as they think most retail investors are incapable of making their own investment decisions, and are better off plopping X percentage of their paycheck every month to an index fund without care for pricing.

This author is very popular among the auditory. He has 32597 followers

Hoya Capital is the contributor of experts community since 2015 and has a great number of published articles – 2019.

One more noteworthy article is written by Mike Zaccardi, CFA, CMT under the title

“American Tower: Fairly Valued, Risky Floating Rate Debt, Lackluster Chart”

on March 20 (2023) and has 4 likes. The expert reflects Neutral trend of the market.

Нis theses make you think about whether to add AMT stocks to your investment portfolio or not, and helps to work out your own American Tower stock selling strategies:

  • REITs have underperformed the broad market while featuring significant drawdowns in recent years.
  • One of the sector’s largest stocks, American Tower, appears fairly valued and interest rate risk along wireless sub growth trends in some foreign markets are risks.
  • Technically, the trend is lower and I see a longer-term bullish to bearish reversal gradually playing out. I spot key price levels to monitor.

Mike Zaccardi, CFA, CMT starts analysis with such words:

The Real Estate sector is one I don’t opine on much, but its relative weakness in the face of both rising and falling interest rates should be concerning to REIT bulls. The Real Estate Select Sector ETF (XLRE) is down nearly 20 percentage points from its spike high against the S&P 500 during Q2 last year. The monster jump in yields during September and the first half of October 2022 took down so many rate-sensitive plays such as Utilities and Real Estate. But even with the retreat in rates lately, XLRE has not managed to hold up.

The opinion of the author can be considered quite authoritative.
The number of 3126 followers confirms this.
Mike Zaccardi, CFA, CMT is the contributor of experts community since 2022. Has already published at least 594 articles.

Another analysis presented by Daniel Jones came out on March 20 (2023). Obviously, coupled with the newer reviews, this forecasting could be useful to find out the best trading strategy for AMT stocks. It sounds like

“American Tower’s Jewel Of An Opportunity”

Article has got 1 likes at the moment and forecasting Bullish trend of the market.

Summarizing the information presented in the review concerning the American Tower Corp. (REIT), the expert says the following:

  • American Tower is a large-multinational REIT with a focus on telecommunications.
  • The company’s presence in Europe has grown remarkably in recent years, spurred on by a major acquisition.
  • The economics of the region, combined with favorable demographic data, offers the company with attractive opportunities in the long run.

And here, what comes first:

As measured by market capitalization, American Tower (NYSE:AMT) is the second-largest REIT in the world, with a market value of $93.8 billion. Although it may seem difficult to imagine because of its size, the company has done quite well to grow in recent years. And the fact of the matter is that some parts of the business are growing more rapidly than others. One opportunity that I think investors should really be zeroed in on involves the firm’s operations throughout Europe. Over the prior three years, revenue and cash flow growth from that continent has exceeded any of the company’s other core activities. From what data is available today, it looks as though further growth in this market could await the business in the years to come. So while this portion of the business is still fairly small in the grand scheme of things, it should be viewed as a catalyst to further propel growth for investors.

This author is very popular among the auditory. He has 25975 followers.

Daniel Jones is the contributor of experts community since 2014 and has at least 3617 analytic reviews published.

The Share Price of American Tower Corp. (REIT) (AMT) for now

What analysts predict: $244.88
52-week high/low: $278.37 / $176.86

50/200 Day Moving Average: $207.45 / $226.93

The average stock price over the previous 50/200 days. For American Tower stocks, the 50-day moving average is the resistance level for now. For AMT stocks, the 200-day moving average is the resistance level today.

See the Detailed Predictions for AMT stock with charts and tables

Related Analysis

View all analytics