Briefing on the Fundamentals of SBA Communications

By Harris Dyer • Tuesday, February 25 15:07 • Permanent Link

With gains of 3.2%, SBA Communications was one of the winners on Wall Street today. Its shares are now trading at $219.66 and have logged a -0.0% daily outperformance of the S&P 500. Don't join the feeding frenzy before checking some basic facts about this stock:

SBA Communications has moved 6.4% over the last year, and the S&P 500 logged a change of 17.8%
SBAC has an average analyst rating of buy and is -11.55% away from its mean target price of $248.35 per share
Its trailing earnings per share (EPS) is $6.34
SBA Communications has a trailing 12 month Price to Earnings (P/E) ratio of 34.6 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $9.17 and its forward P/E ratio is 24.0
SBA Communications is part of the Real Estate sector, which has an average P/E ratio of 31.12 and an average P/B of 2.15
SBAC has reported YOY quarterly earnings growth of 59.5% and gross profit margins of 0.8%
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. With a portfolio of more than 39,000 communications sites throughout the Americas, Africa and in Asia, SBA is listed on NASDAQ under the symbol SBAC. Our organization is part of the S&P 500 and is one of the top Real Estate Investment Trusts (REITs) by market capitalization. The company was founded in 1989 and is headquartered in Boca Raton, Florida.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.