7/22/2023 0 Comments Amt yahoo finance![]() Specifically, your exemption is reduced by 25% of the excess of your AMT income over the applicable phase-out threshold. Your exemption is phased out when your AMT income surpasses the applicable threshold, but the TCJA greatly increased those thresholds for 2018-2025.Īt high levels of AMT income, your AMT exemption is phased out (reduced or eliminated). The TCJA significantly increased the exemption amounts for 2018-2025.įor 2021, the exemption amounts are $114,600 for married joint-filers, $73,600 for unmarried individuals, and $57,300 for married individuals who file separate returns.įor 2022, the exemption amounts are $118,100, $75,900, and $59,050, respectively. Under the AMT rules, you are allowed an inflation-adjusted AMT exemption (effectively a deduction), which is subtracted in calculating your AMT income. If that happens, I don’t think the higher rates would take effect until 2022. This represents a premium compared to its industry's average Forward P/E of 11.97.Key point: Proposed legislation would increase some regular tax rates for some higher-income folks. Valuation is also important, so investors should note that American Tower has a Forward P/E ratio of 19.38 right now. American Tower is currently a Zacks Rank #3 (Hold). Over the past month, the Zacks Consensus EPS estimate remained stagnant. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. This model considers these estimate changes and provides a simple, actionable rating system. Investors can capitalize on this by using the Zacks Rank. Our research shows that these estimate changes are directly correlated with near-term stock prices. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. These revisions typically reflect the latest short-term business trends, which can change frequently. Investors might also notice recent changes to analyst estimates for American Tower. These results would represent year-over-year changes of -1.02% and +2.75%, respectively. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.73 billion, up 2.23% from the year-ago period.ĪMT's full-year Zacks Consensus Estimates are calling for earnings of $9.66 per share and revenue of $11.01 billion. The company is expected to report EPS of $2.36, down 8.88% from the prior-year quarter. Wall Street will be looking for positivity from American Tower as it approaches its next earnings report date. This has lagged the Finance sector's gain of 3.55% and the S&P 500's gain of 4.61% in that time. Prior to today's trading, shares of the wireless communications infrastructure company had lost 6.49% over the past month. Meanwhile, the Dow gained 0.56%, and the Nasdaq, a tech-heavy index, added 1.71%. The stock lagged the S&P 500's daily gain of 0.93%. American Tower (AMT) closed at $188.56 in the latest trading session, marking a +0.67% move from the prior day.
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