| Company name | American Tower Corp |
| Stock ticker | AMT |
| Live stock price | [stckqut]AMT[/stckqut] |
| P/E compared to competitors | Good |
MANAGEMENT EXECUTION
| Employee productivity | Poor |
| Sales growth | Good |
| EPS growth | Good |
| P/E growth | Poor |
| EBIT growth | Good |
ANALYSIS
| Confident Investor Rating | Fair |
| Target stock price (TWCA growth scenario) | $103.12 |
| Target stock price (averages with growth) | $123.36 |
| Target stock price (averages with no growth) | $65.1 |
| Target stock price (manual assumptions) | $117.4 |
The following company description is from Google Finance: http://www.google.com/finance?q=amt
American Tower Corporation is a holding company. The company owns, operates and develops wireless and broadcast communications real estate. Its primary business is leasing antenna space on multi-tenant communications sites to wireless service providers, radio and television broadcast companies, wireless data and data providers, government agencies and municipalities. The Company conducts operations through its subsidiaries and joint ventures. Its principal operating subsidiaries are American Towers LLC and SpectraSite Communications, LLC. The Company offers tower-related services domestically, including site acquisition, zoning and permitting services and structural analysis services, which primarily support site leasing business and the addition of new tenants and equipment on its sites. The Company is a real estate investment trust (REIT). It operates in three segments: domestic rental and management, international rental and management and network development services.
Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in American Tower Corp as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns. I will be removing American Tower Corp from my Watch List.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.
How was this analysis of American Tower Corp calculated?
For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
- Stock price at the time of the calculation: $94.99
- Growth: 0.15
- Current EPS (TTM): $2
- P/E: 47
- Future EPS Calc: $4.02
- Future Stock Price Calc: $189.06
- Target stock price: $117.39
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I hope that this makes you a Confident Investor.