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7 Comments
American Tower Corporation (REIT) is currently in a long term uptrend where the price is trading 17.1% above its 200 day moving average.
From a valuation standpoint, the stock is 36.2% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 13.5.
American Tower Corporation (REIT)'s total revenue rose by 10.3% to $2B since the same quarter in the previous year.
Its net income has dropped by 35.1% to $365M since the same quarter in the previous year.
Finally, its free cash flow grew by 5.8% to $769M since the same quarter in the previous year.
Based on the above factors, American Tower Corporation (REIT) gets an overall score of 3/5.
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Sluggo Sluggowski
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5 years, 2 months ago
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TradeWithAlerts
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5 years, 2 months ago
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| Sector | Real Estate |
|---|---|
| ISIN | US03027X1000 |
| Exchange | NYSE |
| CurrencyCode | USD |
| Industry | REIT - Specialty |
| PE Ratio | 31.33 |
|---|---|
| Target Price | 216.5238 |
| Market Cap | 79B |
| Dividend Yield | 4.0% |
| Beta | 0.91 |
American Tower Corporation is one of the largest global real estate investment trusts. It is a leading independent owner, operator and developer of multitenant communications real estate. The Company's primary business is the leasing of space on communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a few other industries. The Company refers to this business, inclusive of its data center business discussed below, as its property operations. Additionally, the Company offers tower-related services in the United States, which the Company refers to as its services operations. These services include site application, zoning and permitting, structural and mount analyses, and construction management services, together with program management offerings that support customer deployment needs from project scoping through construction. The Company's services operations primarily support the Company's site leasing business, including through the addition of new tenants and equipment on its sites. The Company's customers include its tenants, licensees and other payers. American Tower Corporation was incorporated in 1995 in Delaware, USA.
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