At the time of writing, SBA Communications Corp [SBAC] stock is trading at $220.42, up 0.19%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SBAC shares have gain 2.85% over the last week, with a monthly amount drifted -0.49%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, JMP Securities started tracking the stock with Mkt Outperform rating on January 27, 2025, and set its price target to $250. On December 18, 2024, downgrade downgraded it’s rating to Market Perform and revised its price target to $230 on the stock. Wells Fargo downgraded its rating to a Equal Weight and decreased its price target to $220 on July 15, 2024. BofA Securities upgraded its rating to a Buy but $260 remained the price target by the analyst firm on March 07, 2024. BMO Capital Markets upgraded its rating to Outperform for this stock on December 15, 2023, and upped its price target to $285. In a note dated August 10, 2023, BofA Securities downgraded an Neutral rating on this stock but restated the target price of $245.
For the past year, the stock price of SBA Communications Corp fluctuated between $183.64 and $252.64. Currently, Wall Street analysts expect the stock to reach $249.2 within the next 12 months. SBA Communications Corp [NASDAQ: SBAC] shares were valued at $220.42 at the most recent close of the market. An investor can expect a potential return of 13.06% based on the average SBAC price forecast.
Analyzing the SBAC fundamentals
According to SBA Communications Corp [NASDAQ:SBAC], the company’s sales were 2.68B for trailing twelve months, which represents an 2.77% jump. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at 0.57%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.28%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is -0.14 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.66.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 217.92 points at the first support level, and at 215.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 222.61, and for the 2nd resistance point, it is at 224.80.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 8.85 and price to earnings (TTM) ratio is 31.78.
Transactions by insiders
Recent insider trading involved KOENIG JOSHUA, EXECUTIVE VP/GENERAL COUNSEL, that happened on Mar 07 ’25 when 2209.0 shares were sold. Director, Chan Mary S completed a deal on Feb 28 ’25 to sell 1411.0 shares. Meanwhile, Director MARY CHAN bought 1411.0 shares on Feb 28 ’25.
