Here's Why American Tower (AMT) Fell More Than Broader Market

Group 1 - American Tower (AMT) stock closed at $183.63, reflecting a -1.77% change from the previous day, which is less than the S&P 500's loss of 0.47% [1] - Over the last month, American Tower's shares increased by 1.92%, underperforming the Finance sector's gain of 4.45% and slightly outperforming the S&P 500's gain of 1.67% [1] Group 2 - American Tower is expected to report earnings of$ 2.33 per share on February 25, 2025, indicating a year-over-year growth of 1.75%, with a projected quarterly revenue of $2.51 billion, down 9.75% from the previous year [2] - Recent shifts in analyst projections for American Tower are important for investors, as positive estimate revisions can indicate a favorable business outlook [3] Group 3 - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), indicates that American Tower currently holds a Zacks Rank of 4 (Sell), with a consensus EPS projection moving 0.15% lower in the past 30 days [5] - American Tower has a Forward P/E ratio of 17.94, which is a premium compared to the industry average Forward P/E of 11.51 [6] Group 4 - The company has a PEG ratio of 1.21, which is lower than the average PEG ratio of 2.22 for REIT and Equity Trust - Other stocks [7] - The REIT and Equity Trust - Other industry, part of the Finance sector, holds a Zacks Industry Rank of 160, placing it in the bottom 37% of over 250 industries [8]