The stock of SBA Communications Corp (SBAC) has seen a 1.78% increase in the past week, with a 5.76% gain in the past month, and a 6.28% flourish in the past quarter. The volatility ratio for the week is 2.13%, and the volatility levels for the past 30 days are at 2.54% for SBAC. The simple moving average for the past 20 days is 1.22% for SBAC’s stock, with a 2.45% simple moving average for the past 200 days.
Is It Worth Investing in SBA Communications Corp (NASDAQ: SBAC) Right Now?
SBA Communications Corp (NASDAQ: SBAC) has a price-to-earnings ratio that is above its average at 32.02x. The stock has a 36-month beta value of 0.83. Opinions on the stock are mixed, with 7 analysts rating it as a “buy,” 5 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for SBAC is 105.97M, and at present, short sellers hold a 1.83% of that float. On March 21, 2025, the average trading volume of SBAC was 830.75K shares.
SBAC) stock’s latest price update
The stock of SBA Communications Corp (NASDAQ: SBAC) has increased by 0.52 when compared to last closing price of 220.97.Despite this, the company has seen a gain of 1.78% in its stock price over the last five trading days. seekingalpha.com reported 2025-03-20 that SBA Communications faces headwinds, particularly in Brazil, but remains a compelling buy due to strong fundamentals, dividend coverage, and upside potential. The recent acquisition of 7,000 towers from Millicom is expected to drive growth and establish a leading position in Central America. Despite foreign exchange challenges, SBAC’s AFFO and revenue have shown solid growth, and the REIT continues to deleverage its balance sheet effectively.
Analysts’ Opinion of SBAC
Many brokerage firms have already submitted their reports for SBAC stocks, with JMP Securities repeating the rating for SBAC by listing it as a “Mkt Outperform.” The predicted price for SBAC in the upcoming period, according to JMP Securities is $250 based on the research report published on January 27, 2025 of the current year 2025.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see SBAC reach a price target of $230, previously predicting the price at $260. The rating they have provided for SBAC stocks is “Market Perform” according to the report published on December 18th, 2024.
Wells Fargo gave a rating of “Equal Weight” to SBAC, setting the target price at $220 in the report published on July 15th of the previous year.
SBAC Trading at 6.14% from the 50-Day Moving Average
After a stumble in the market that brought SBAC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.08% of loss for the given period.
Volatility was left at 2.54%, however, over the last 30 days, the volatility rate increased by 2.13%, as shares surge +4.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.39% upper at present.
During the last 5 trading sessions, SBAC rose by +1.78%, which changed the moving average for the period of 200-days by +12.88% in comparison to the 20-day moving average, which settled at $219.44. In addition, SBA Communications Corp saw 8.99% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SBAC starting from KOENIG JOSHUA, who sale 2,209 shares at the price of $224.18 back on Mar 07 ’25. After this action, KOENIG JOSHUA now owns 6,079 shares of SBA Communications Corp, valued at $495,214 using the latest closing price.
Chan Mary S, the Director of SBA Communications Corp, sale 1,411 shares at $218.07 during a trade that took place back on Feb 28 ’25, which means that Chan Mary S is holding 5,131 shares at $307,697 based on the most recent closing price.
Stock Fundamentals for SBAC
Current profitability levels for the company are sitting at:
- 0.57 for the present operating margin
- 0.78 for the gross margin
The net margin for SBA Communications Corp stands at 0.28. The total capital return value is set at 0.16.
Based on SBA Communications Corp (SBAC), the company’s capital structure generated -1.91 points at debt to capital in total, while cash flow to debt ratio is standing at 0.4. The debt to equity ratio resting at -0.66. The interest coverage ratio of the stock is 3.54.
Currently, EBITDA for the company is 1.47 billion with net debt to EBITDA at 1.89. When we switch over and look at the enterprise to sales, we see a ratio of 10.12. The receivables turnover for the company is 18.39for trailing twelve months and the total asset turnover is 0.23.
Conclusion
To sum up, SBA Communications Corp (SBAC) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.