After finishing at $199.86 in the prior trading day, SBA Communications Corp (NASDAQ: SBAC) closed at $195.06, down -2.40%. On the day, 816977 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 85.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.91.
On December 15, 2023, BMO Capital Markets Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $245 to $285.
BofA Securities Downgraded its Buy to Neutral on August 10, 2023, while the target price for the stock was maintained at $245.
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 Mar 05 ’24 when Chan Mary S sold 1,977 shares for $217.99 per share. The transaction valued at 430,966 led to the insider holds 4,622 shares of the business.
SILBERSTEIN JASON V sold 16,465 shares of SBAC for $4,205,886 on Dec 14 ’23. The EVP – Site Leasing now owns 29,908 shares after completing the transaction at $255.44 per share. On Dec 13 ’23, another insider, Lazarus Brian D, who serves as the SVP & Chief Accounting Officer of the company, sold 20,605 shares for $249.35 each. As a result, the insider received 5,137,906 and left with 7,085 shares of the company.
Valuation Measures:
As of this moment, SBA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 42.33, and their Forward P/E ratio for the next fiscal year is 33.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.78.
Stock Price History:
Over the past 52 weeks, SBAC has reached a high of $266.77, while it has fallen to a 52-week low of $185.23.
Shares Statistics:
A total of 108.05M shares are outstanding, with a floating share count of 106.94M. Insiders hold about 1.08% of the company’s shares, while institutions hold 98.25% stake in the company.
Earnings Estimates
Its stock is currently analyzed by Bank of America Corporation different market analysts. The consensus estimate for the next quarter is $195.06, with high estimates of $4.25 and low estimates of $18.48.
Analysts are recommending an EPS of between $Technology and $Financial Services for the fiscal current year, implying an average EPS of $Real Estate.
