Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $229.67 in the prior trading day, SBA Communications Corp (NASDAQ: SBAC) closed at $225.82, down -1.68%. In other words, the price has decreased by -$1.68 from its previous closing price. On the day, 1.07 million shares were traded.
Ratios:
Our goal is to gain a better understanding of SBAC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 33.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.06.
On January 27, 2025, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $250.
BMO Capital Markets Downgraded its Outperform to Market Perform on December 18, 2024, whereas the target price for the stock was revised from $260 to $230.
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 May 01 ’25 when LANGER JACK sold 5,000 shares for $240.59 per share. The transaction valued at 1,202,932 led to the insider holds 10,522 shares of the business.
LANGER JACK bought 5,000 shares of SBAC for $1,211,525 on May 01 ’25. On Mar 07 ’25, another insider, KOENIG JOSHUA, who serves as the EXECUTIVE VP/GENERAL COUNSEL of the company, sold 2,209 shares for $224.18 each. As a result, the insider received 495,214 and left with 6,079 shares of the company.
Valuation Measures:
As of this moment, SBA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.89, and their Forward P/E ratio for the next fiscal year is 24.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.03.
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 $185.44. The 50-Day Moving Average of the stock is 0.67%, while the 200-Day Moving Average is calculated to be 1.88%.
Shares Statistics:
A total of 108.03M shares are outstanding, with a floating share count of 105.81M. Insiders hold about 1.52% of the company’s shares, while institutions hold 99.58% stake in the company.
