Is SBA Communications Stock a Good Investment?
SBA Communications Investment Advice | SBAC |
- Examine SBA Communications' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research SBA Communications' leadership team and their track record. Good management can help SBA Communications navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Telecom Tower REITs space and any emerging trends that could impact SBA Communications' business and its evolving consumer preferences.
- Compare SBA Communications' performance and market position to its competitors. Analyze how SBA Communications is positioned in terms of product offerings, innovation, and market share.
- Check if SBA Communications pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about SBA Communications' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in SBA Communications Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if SBA Communications Corp is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine SBA Communications Stock
Researching SBA Communications' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.1. SBA Communications Corp recorded earning per share (EPS) of 6.34. The entity last dividend was issued on the 14th of November 2024.
To determine if SBA Communications is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding SBA Communications' research are outlined below:
| SBA Communications Corp currently holds 14.46 B in liabilities with Debt to Equity (D/E) ratio of 16.46, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. SBA Communications Corp has a current ratio of 0.37, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about SBA Communications' use of debt, we should always consider it together with its cash and equity. | |
| Over 99.0% of SBA Communications shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Partners Group Holding AG Raises Position in SBA Communications Co. |
SBA Communications Quarterly Liabilities And Stockholders Equity |
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SBA Communications uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in SBA Communications Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to SBA Communications' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 20th of February 2024 Upcoming Quarterly Report | View | |
| 6th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact SBA Communications' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises SBA Communications' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2016-05-02 | 2016-03-31 | 0.05 | 0.07 | 0.02 | 40 | ||
2015-02-26 | 2014-12-31 | 0.02 | 0.04 | 0.02 | 100 | ||
2014-05-01 | 2014-03-31 | -0.05 | -0.07 | -0.02 | 40 | ||
2012-04-30 | 2012-03-31 | -0.18 | -0.2 | -0.02 | 11 | ||
2008-10-30 | 2008-09-30 | -0.13 | -0.15 | -0.02 | 15 | ||
2009-05-04 | 2009-03-31 | -0.12 | -0.15 | -0.03 | 25 | ||
2008-04-30 | 2008-03-31 | -0.1 | -0.13 | -0.03 | 30 | ||
2007-08-02 | 2007-06-30 | -0.12 | -0.15 | -0.03 | 25 |
Know SBA Communications' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as SBA Communications is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading SBA Communications Corp backward and forwards among themselves. SBA Communications' institutional investor refers to the entity that pools money to purchase SBA Communications' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Amvescap Plc. | 2024-06-30 | 1.5 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.5 M | Legal & General Group Plc | 2024-06-30 | 1.5 M | Ameriprise Financial Inc | 2024-06-30 | 1.4 M | Norges Bank | 2024-06-30 | 1.3 M | Millennium Management Llc | 2024-06-30 | 1.3 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.3 M | Victory Capital Management Inc. | 2024-09-30 | 1.2 M | American Century Companies Inc | 2024-09-30 | 1.2 M | Vanguard Group Inc | 2024-09-30 | 17.4 M | Blackrock Inc | 2024-06-30 | 9.3 M |
SBA Communications' market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 24.36 B.Market Cap |
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SBA Communications' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | 0.07 | |
| Return On Capital Employed | 0.10 | 0.11 | |
| Return On Assets | 0.05 | 0.05 | |
| Return On Equity | (0.10) | (0.09) |
Determining SBA Communications' profitability involves analyzing its financial statements and using various financial metrics to determine if SBA Communications is a good buy. For example, gross profit margin measures SBA Communications' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of SBA Communications' profitability and make more informed investment decisions.
SBA Communications' Earnings Breakdown by Geography
Please note, the presentation of SBA Communications' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SBA Communications' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of SBA Communications' management manipulating its earnings.
Evaluate SBA Communications' management efficiency
SBA Communications Corp has return on total asset (ROA) of 0.0858 % which means that it generated a profit of $0.0858 on every $100 spent on assets. This is way below average. SBA Communications' management efficiency ratios could be used to measure how well SBA Communications manages its routine affairs as well as how well it operates its assets and liabilities. At present, SBA Communications' Return On Capital Employed is projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.05, whereas Return On Equity is projected to grow to (0.09). At present, SBA Communications' Return On Assets are projected to increase slightly based on the last few years of reporting.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (47.46) | (45.09) | |
| Tangible Book Value Per Share | (70.16) | (66.65) | |
| Enterprise Value Over EBITDA | 23.28 | 35.98 | |
| Price Book Value Ratio | (5.31) | (5.57) | |
| Enterprise Value Multiple | 23.28 | 35.98 | |
| Price Fair Value | (5.31) | (5.57) | |
| Enterprise Value | 19.8 B | 20.8 B |
Evaluating the management effectiveness of SBA Communications allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The SBA Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Dividend Yield 0.0173 | Forward Dividend Yield 0.0173 | Forward Dividend Rate 3.92 | Beta 0.672 |
Basic technical analysis of SBA Stock
As of the 28th of November, SBA Communications owns the Market Risk Adjusted Performance of 0.0113, standard deviation of 1.34, and Semi Deviation of 1.42. In respect to fundamental indicators, the technical analysis model makes it possible for you to check possible technical drivers of SBA Communications Corp, as well as the relationship between them.SBA Communications' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific SBA Communications insiders, such as employees or executives, is commonly permitted as long as it does not rely on SBA Communications' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases SBA Communications insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
SBA Communications' Outstanding Corporate Bonds
SBA Communications issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. SBA Communications Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most SBA bonds can be classified according to their maturity, which is the date when SBA Communications Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| SESGFP 53 25 MAR 44 Corp BondUS78413KAB89 | View | |
| US78410GAD60 Corp BondUS78410GAD60 | View | |
| US78410GAG91 Corp BondUS78410GAG91 | View |
Understand SBA Communications' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing SBA Communications' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0096 | |||
| Market Risk Adjusted Performance | 0.0113 | |||
| Mean Deviation | 0.9904 | |||
| Semi Deviation | 1.42 | |||
| Downside Deviation | 1.45 | |||
| Coefficient Of Variation | 14407.87 | |||
| Standard Deviation | 1.34 | |||
| Variance | 1.78 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | 0.0677 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0013 | |||
| Maximum Drawdown | 8.17 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 2.2 | |||
| Downside Variance | 2.09 | |||
| Semi Variance | 2.01 | |||
| Expected Short fall | (0.94) | |||
| Skewness | (0.21) | |||
| Kurtosis | 1.71 |
| Risk Adjusted Performance | 0.0096 | |||
| Market Risk Adjusted Performance | 0.0113 | |||
| Mean Deviation | 0.9904 | |||
| Semi Deviation | 1.42 | |||
| Downside Deviation | 1.45 | |||
| Coefficient Of Variation | 14407.87 | |||
| Standard Deviation | 1.34 | |||
| Variance | 1.78 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | 0.0677 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0013 | |||
| Maximum Drawdown | 8.17 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 2.2 | |||
| Downside Variance | 2.09 | |||
| Semi Variance | 2.01 | |||
| Expected Short fall | (0.94) | |||
| Skewness | (0.21) | |||
| Kurtosis | 1.71 |
Consider SBA Communications' intraday indicators
SBA Communications intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of SBA Communications stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 3241.97 | |||
| Daily Balance Of Power | 1.021277 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 228.74 | |||
| Day Typical Price | 228.66 | |||
| Price Action Indicator | 0.73 | |||
| Period Momentum Indicator | 1.92 | |||
| Relative Strength Index | 33.41 |
SBA Communications Corporate Filings
10Q | 1st of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 28th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 18th of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 7th of August 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
SBA Stock media impact
Far too much social signal, news, headlines, and media speculation about SBA Communications that are available to investors today. That information is available publicly through SBA media outlets and privately through word of mouth or via SBA internal channels. However, regardless of the origin, that massive amount of SBA data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of SBA Communications news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of SBA Communications relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to SBA Communications' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive SBA Communications alpha.
SBA Communications Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards SBA Communications can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
SBA Communications Corp Historical Investor Sentiment
Investor biases related to SBA Communications' public news can be used to forecast risks associated with an investment in SBA. The trend in average sentiment can be used to explain how an investor holding SBA can time the market purely based on public headlines and social activities around SBA Communications Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
SBA Communications' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for SBA Communications and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average SBA Communications news discussions. The higher the estimate score, the more favorable the investor's outlook on SBA Communications.
SBA Communications Corporate Executives
Elected by the shareholders, the SBA Communications' board of directors comprises two types of representatives: SBA Communications inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SBA. The board's role is to monitor SBA Communications' management team and ensure that shareholders' interests are well served. SBA Communications' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, SBA Communications' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Marc Montagner | Executive CFO | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBA Communications Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Telecom Tower REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SBA Communications. If investors know SBA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SBA Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2 | Dividend Share 3.79 | Earnings Share 6.34 | Revenue Per Share 24.696 | Quarterly Revenue Growth (0.02) |
The market value of SBA Communications Corp is measured differently than its book value, which is the value of SBA that is recorded on the company's balance sheet. Investors also form their own opinion of SBA Communications' value that differs from its market value or its book value, called intrinsic value, which is SBA Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SBA Communications' market value can be influenced by many factors that don't directly affect SBA Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between SBA Communications' value and its price, as these two are different measures arrived at by various means. Investors typically determine if SBA Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SBA Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.