A new trading day began on Tuesday, with SBA Communications Corp (NASDAQ: SBAC) stock price down -3.02% from the previous day of trading, before settling in for the closing price of $207.94. SBAC’s price has ranged from $183.64 to $252.64 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Real Estate sector saw sales topped by 7.82%. Meanwhile, its annual earnings per share averaged 60.92%. With a float of $105.96 million, this company’s outstanding shares have now reached $107.51 million.
The extent of productivity of a business whose workforce counts for 1787 workers is very important to gauge. In terms of profitability, gross margin is 57.86%, operating margin of 45.07%, and the pretax margin is 28.38%.
SBA Communications Corp (SBAC) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Specialty Industry. The insider ownership of SBA Communications Corp is 1.45%, while institutional ownership is 97.53%. The most recent insider transaction that took place on Dec 20 ’24, was worth 472,150. In this transaction EVP – SITE LEASING of this company sold 2,321 shares at a rate of $203.43, taking the stock ownership to the 4,998 shares. Before that another transaction happened on Dec 09 ’24, when Company’s EVP – OPERATIONS sold 3,545 for $224.33, making the entire transaction worth $795,235. This insider now owns 33,588 shares in total.
SBA Communications Corp (SBAC) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.4 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 60.92% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.07% 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
Here are SBA Communications Corp’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.15. Likewise, its price to free cash flow for the trailing twelve months is 23.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.34, a number that is poised to hit 2.09 in the next quarter and is forecasted to reach 8.96 in one year’s time.
Technical Analysis of SBA Communications Corp (SBAC)
The latest stats from [SBA Communications Corp, SBAC] show that its last 5-days average volume of 0.82 million was inferior to 0.84 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 58.07%. Additionally, its Average True Range was 5.10.
During the past 100 days, SBA Communications Corp’s (SBAC) raw stochastic average was set at 15.18%, which indicates a significant decrease from 57.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.52% in the past 14 days, which was higher than the 24.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $209.96, while its 200-day Moving Average is $213.74. Now, the first resistance to watch is $205.67. This is followed by the second major resistance level at $209.66. The third major resistance level sits at $211.98. If the price goes on to break the first support level at $199.36, it is likely to go to the next support level at $197.04. The third support level lies at $193.05 if the price breaches the second support level.
SBA Communications Corp (NASDAQ: SBAC) Key Stats
With a market capitalization of 21.68 billion, the company has a total of 107,523K Shares Outstanding. Currently, annual sales are 2,712 M while annual income is 501,810 K. The company’s previous quarter sales were 667,600 K while its latest quarter income was 258,530 K.
