SBA Communications Corporation – Consensus ‘buy’ rating and 21.5% Upside Potential

Broker Ratings
[shareaholic app="share_buttons" id_name="post_below_content"]

SBA Communications Corporation which can be found using ticker (SBAC) now have 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $327.00 and $202.00 calculating the average target price we see $248.93. Given that the stocks previous close was at $204.91 and the analysts are correct then there would likely be a percentage uptick in value of 21.5%. The 50 day moving average now sits at $207.21 and the 200 day moving average is $238.51. The market capitalization for the company is 22.50B. The stock price for the company is currently is currently $207.58 USD

The potential market cap would be $27,331,331,070 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 44.64, revenue per share of $25.12 and a 6.17% return on assets.

SBA Communications Corporation is an independent owner and operator of wireless communications infrastructure, including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. The Company’s primary focus is the leasing of antenna space on its multi-tenant towers to a variety of wireless service providers under long-term lease contracts in the United States, South America, Central America, Canada, South Africa, the Philippines, and Tanzania. It operates through two segments: Domestic Site Leasing and International Site Leasing. Domestic Site Leasing segment leases to T-Mobile, AT&T Wireless, Verizon Wireless, and DISH Wireless. The segment owns approximately 17,416 sites in the United States and its territories. International Site Leasing segment owns and operates approximately 21,895 towers in 15 international markets throughout South America, Central America, Canada, South Africa, the Philippines, and Tanzania.

Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:

      Search

      Search