SBA Communications Corp (NASDAQ: SBAC) kicked off on Tuesday, down -3.41% from the previous trading day, before settling in for the closing price of $239.94. Over the past 52 weeks, SBAC has traded in a range of $183.64-$258.76.
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During the last 5-year period, the sales growth of Real Estate Sector giant was 7.85%. While this was happening, its average annual earnings per share was recorded 60.66%. With a float of $106.08 million, this company’s outstanding shares have now reached $108.05 million.
Let’s determine the extent of company efficiency that accounts for 1787 employees. In terms of profitability, gross margin is 63.51%, operating margin of 45.07%, and the pretax margin is 28.38%.
SBA Communications Corp (SBAC) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the REIT – Specialty Industry. The insider ownership of SBA Communications Corp is 1.30%, while institutional ownership is 95.10%. The most recent insider transaction that took place on Sep 13 ’24, was worth 364,290. In this transaction EVP – SITE LEASING of this company sold 1,500 shares at a rate of $242.86, taking the stock ownership to the 4,998 shares. Before that another transaction happened on Aug 21 ’24, when Company’s Director sold 325 for $219.58, making the entire transaction worth $71,364. This insider now owns 8,084 shares in total.
SBA Communications Corp (SBAC) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.01 earnings per share (EPS), lower than consensus estimate (set at 1.37) by -0.36. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 60.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 23.92% during the next five years compared to 62.23% growth over the previous five years of trading.
SBA Communications Corp (NASDAQ: SBAC) Trading Performance Indicators
Take a look at SBA Communications Corp’s (SBAC) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.36. Likewise, its price to free cash flow for the trailing twelve months is 40.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.34, a number that is poised to hit 2.14 in the next quarter and is forecasted to reach 9.06 in one year’s time.
Technical Analysis of SBA Communications Corp (SBAC)
Looking closely at SBA Communications Corp (NASDAQ: SBAC), its last 5-days average volume was 0.91 million, which is a drop from its year-to-date volume of 0.92 million. As of the previous 9 days, the stock’s Stochastic %D was 6.76%. Additionally, its Average True Range was 5.44.
During the past 100 days, SBA Communications Corp’s (SBAC) raw stochastic average was set at 68.15%, which indicates a significant increase from 2.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.21% in the past 14 days, which was higher than the 25.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $237.37, while its 200-day Moving Average is $215.30. However, in the short run, SBA Communications Corp’s stock first resistance to watch stands at $238.48. Second resistance stands at $245.22. The third major resistance level sits at $248.83. If the price goes on to break the first support level at $228.13, it is likely to go to the next support level at $224.52. Now, if the price goes above the second support level, the third support stands at $217.78.
SBA Communications Corp (NASDAQ: SBAC) Key Stats
The company with the Market Capitalisation of 24.91 billion has total of 107,472K Shares Outstanding. Its annual sales at the moment are 2,712 M in contrast with the sum of 501,810 K annual income. Company’s last quarter sales were recorded 660,480 K and last quarter income was 162,830 K.
