Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
SBA Communications Corp (NASDAQ: SBAC) closed the day trading at $195.89 down -1.53% from the previous closing price of $198.93. In other words, the price has decreased by -$1.53 from its previous closing price. On the day, 0.76 million shares were traded. SBAC stock price reached its highest trading level at $200.19 during the session, while it also had its lowest trading level at $195.61.
Ratios:
For a better understanding of SBAC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 79.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.98.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BMO Capital Markets on December 18, 2024, Downgraded its rating to Market Perform and sets its target price to $230 from $260 previously.
On July 15, 2024, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $230 to $220.
BofA Securities Upgraded its Neutral to Buy on March 07, 2024, while the target price for the stock was maintained at $260.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 20 ’24 when DAY DONALD sold 2,321 shares for $203.43 per share. The transaction valued at 472,150 led to the insider holds 4,998 shares of the business.
Ciarfella Mark R sold 3,545 shares of SBAC for $795,235 on Dec 09 ’24. The EVP – OPERATIONS now owns 33,588 shares after completing the transaction at $224.33 per share. On Sep 13 ’24, another insider, DAY DONALD, who serves as the EVP – SITE LEASING of the company, sold 1,500 shares for $242.86 each. As a result, the insider received 364,290 and left with 4,998 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SBAC now has a Market Capitalization of 21062680576 and an Enterprise Value of 35446702080. As of this moment, SBA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.90, and their Forward P/E ratio for the next fiscal year is 21.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.92. Its current Enterprise Value per Revenue stands at 13.321 whereas that against EBITDA is 19.849.
Stock Price History:
Over the past 52 weeks, SBAC has reached a high of $252.64, while it has fallen to a 52-week low of $183.64. The 50-Day Moving Average of the stock is -9.85%, while the 200-Day Moving Average is calculated to be -8.76%.
Shares Statistics:
Over the past 3-months, SBAC traded about 894.87K shares per day on average, while over the past 10 days, SBAC traded about 845650 shares per day. A total of 107.51M shares are outstanding, with a floating share count of 105.97M. Insiders hold about 1.45% of the company’s shares, while institutions hold 97.14% stake in the company. Shares short for SBAC as of 1734048000 were 1283620 with a Short Ratio of 1.43, compared to 1731628800 on 1378405. Therefore, it implies a Short% of Shares Outstanding of 1283620 and a Short% of Float of 1.4400001.
Dividends & Splits
SBAC’s forward annual dividend rate is 3.92, up from 3.79 a year ago. Against a Trailing Annual Dividend Yield of 0.019051928The stock’s 5-year Average Dividend Yield is 1.01.
