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Is this Large Market Cap Stock target price reasonable for SBA Communications Corp. (NASDAQ:SBAC)?

The company in question is, SBA Communications Corp. (NASDAQ:SBAC) currently with a stock price of 112.88 (0.44% today). The market cap for SBA Communications Corp. is 13955.35, and is in the sector Technology, and Diversified Communication Services industry. The target price for SBA Communications Corp. is 125.2. Currently SBA Communications Corp. is trading with a P/E of *TBA, and a forward P/E of 95.48. Average volume for SBA Communications Corp. is 1157.82 and so far today it is 222067.

Performance in the last year for SBA Communications Corp. has been -3.15%. For EPS growth, SBA Communications Corp. has seen a growth of -629.40%, and is looking to grow in the next year to 35.76%. More long term stats show that EPS growth has been 4.00% over the last five years and could be 17.00% for the next five years. SBA Communications Corp. has seen sales growth quarter over quarter at -2.50%, with EPS growth quarter over quarter at 169.50%. The 20-day simple moving average is 7.50%, with the 200-day simple moving average coming to 10.10%.

Since the IPO date for SBA Communications Corp. on the 6/16/1999, SBA Communications Corp. has seen performance year to date to be 6.96%. With SBA Communications Corp. trading at 112.88, the dividend yield is *TBA, and the EPS is -0.34.

So could SBA Communications Corp., be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 8.57 and the P/B is at *TBA. The P/cash is 119.69, with P/free cash flow at 26.49.

SBA Communications Corp. ability to deal with debt shows that the current ratio is 1.2, and the quick ratio is 1.2. This is with long term debt/equity at *TBA, and total debt/equity at *TBA.

In terms of margins, SBA Communications Corp. has a gross margin of 73.20%, an operating margin of 19.70% and a profit margin of -2.60%.Payout ratio for SBA Communications Corp. is *TBA. Return on assets come to -0.60% with return on investment coming to 4.50%.

Insider ownership for SBA Communications Corp., is at 0.60% and institutional ownership comes to 98.70%. Outstanding shares are at 124.18. While shares float is 123.95. The float short is currently 2.68%, and short ratio is 2.87.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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