At the time of writing, SBA Communications Corporation (NasdaqGS:SBAC) has a Piotroski F-Score of 8. Fernwood Investment Management LLC's holdings in SBA Communications were worth $1,589,000 at the end of the most recent reporting period. Capstone Asset Management Co. raised its stake in shares of SBA Communications by 0.4% in the third quarter. Wells Fargo & Company MN now owns 1,268,805 shares of the technology company's stock worth $152,725,000 after buying an additional 516,954 shares during the last quarter. Grassi Investment Management raised its position in SBA Communications by 0.3% in the first quarter. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. Van ECK Associates Corp increased its position in shares of SBA Communications by 24.7% in the fourth quarter. American Century Companies Inc. now owns 1,578,092 shares of the technology company's stock worth $189,955,000 after buying an additional 363,969 shares during the period. Price to sales ratio was 10.49 while 94.50% of stock was owned by Institutional investors.
Paycom Software, Inc. (NYSE:PAYC) belongs to Technology sector, recorded a price change of 1.61% in last trade close. The company's shares traded on stronger-than-usual volume today: $2.09M shares changed hands while the stock's average volume is 1.20M shares per day. SBA Communications Corporation has a 52-week low of 95.66 and a 52-week high of 136.34. SBA Communications Co. The company's 50 day moving average price is $125.50 and its 200-day moving average price is $111.57. Cheyne Capital Management Uk Llp acquired 273,964 shares as Alere Inc (ALR)'s stock 0.00%.
SBA Communications (NASDAQ:SBAC) last announced its quarterly earnings data on Monday, May 1st. The technology company reported $1.69 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.21 by $1.48. The company had revenue of $423.40 million for the quarter, compared to analysts' expectations of $418.21 million. Citigroup maintained SBA Communications Corporation (NASDAQ:SBAC) on Friday, October 2 with "Neutral" rating. The company's revenue was up 5.9% on a year-over-year basis. If you are reading this news story on another publication, it was illegally stolen and reposted in violation of United States and worldwide copyright law. If you are reading this piece on another site, it was copied illegally and reposted in violation of worldwide copyright law.
In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. The stock of SBA Communications Corporation (NASDAQ:SBAC) has "Overweight" rating given on Wednesday, November 30 by JP Morgan. Cowen and Company lifted their price objective on SBA Communications from $131.00 to $141.00 and gave the company an "outperform" rating in a report on Tuesday, May 2nd. Jefferies Group LLC lifted their target price on SBA Communications from $133.00 to $150.00 and gave the stock a "buy" rating in a report on Tuesday, May 2nd. "The first line is called the "%K" line, which analyzes the actual price movements in the shares and can be defined as: "%K = (Current Close - Lowest Low)/(Highest High - Lowest Low) * 100. Citigroup Inc downgraded SBA Communications from a "buy" rating to a "neutral" rating in a research report on Wednesday, January 25th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the company's stock. Deutsche Bank AG reiterated a hold rating and issued a $133.00 target price (up from $121.00) on shares of SBA Communications in a report on Saturday, April 22nd.
In other news, EVP Mark R. Ciarfella sold 11,346 shares of the firm's stock in a transaction on Monday, March 6th. They now have a United States dollars 129 price target on the stock. Following the completion of the transaction, the executive vice president now owns 14,677 shares in the company, valued at $1,893,773.31. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Shares for $67,328 were sold by BEEBE KEVIN L. 681 shares were sold by Krouse George R Jr, worth $78,601 on Tuesday, March 7. Following the sale, the director now owns 9,097 shares of the company's stock, valued at $1,074,537.64. The disclosure for this sale can be found here. The earnings per share (EPS) term represents portion of a company's earnings with net of taxes as well as preferred stock dividends that is owed to each share of common stock.
ATR value of company was 2.70.
SBA Communications Corporation's P/E ratio is 270.49.