Large-cap Real Estate company SBA Communications has moved 4.2% so far today on a volume of 1,890,087, compared to its average of 949,380. In contrast, the S&P 500 index moved -0.0%.
SBA Communications trades -23.87% away from its average analyst target price of $299.63 per share. The 16 analysts following the stock have set target prices ranging from $241.0 to $335.0, and on average have given SBA Communications a rating of buy.
Anyone interested in buying SBAC should be aware of the facts below:
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SBA Communications has moved -32.0% over the last year, and the S&P 500 logged a change of 13.0%
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Based on its trailing earnings per share of 3.39, SBA Communications has a trailing 12 month Price to Earnings (P/E) ratio of 67.3 while the S&P 500 average is 15.97
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SBAC has a forward P/E ratio of 39.1 based on its forward 12 month price to earnings (EPS) of $5.83 per share
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The company has a price to earnings growth (PEG) ratio of 3.69 — a number near or below 1 signifying that SBA Communications is fairly valued compared to its estimated growth potential
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SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells.
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Based in Boca Raton, the company has 1,834 full time employees and a market cap of $24.92 Billion.