Sba Communications Corp Stock Probability of Future Stock Price Finishing Over 295.51

SBAC Stock  USD 218.57  0.49  0.22%   
SBA Communications' implied volatility is one of the determining factors in the pricing options written on SBA Communications Corp. Implied volatility approximates the future value of SBA Communications based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in SBA Communications Corp over a specific time period. For example, 2024-04-19 CALL at $220.0 is a CALL option contract on SBA Communications' common stock with a strick price of 220.0 expiring on 2024-04-19. The contract was last traded on 2024-03-27 at 15:41:39 for $4.5 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $3.8, and an ask price of $4.9. The implied volatility as of the 28th of March is 24.26. View All SBA options

Closest to current price SBA long CALL Option Payoff at Expiration

SBA Communications' future price is the expected price of SBA Communications instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of SBA Communications Corp performance during a given time horizon utilizing its historical volatility. Check out SBA Communications Backtesting, SBA Communications Valuation, SBA Communications Correlation, SBA Communications Hype Analysis, SBA Communications Volatility, SBA Communications History as well as SBA Communications Performance.
  
At present, SBA Communications' Price To Operating Cash Flows Ratio is projected to slightly grow based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 23.46, whereas Price Earnings Ratio is forecasted to decline to 41.14. Please specify SBA Communications' target price for which you would like SBA Communications odds to be computed.

SBA Communications Target Price Odds to finish over 295.51

The tendency of SBA Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 295.51  or more in 90 days
 218.57 90 days 295.51 
near 1
Based on a normal probability distribution, the odds of SBA Communications to move over $ 295.51  or more in 90 days from now is near 1 (This SBA Communications Corp probability density function shows the probability of SBA Stock to fall within a particular range of prices over 90 days) . Probability of SBA Communications Corp price to stay between its current price of $ 218.57  and $ 295.51  at the end of the 90-day period is about 65.22 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.17 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, SBA Communications will likely underperform. Additionally SBA Communications Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   SBA Communications Price Density   
       Price  

Predictive Modules for SBA Communications

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SBA Communications Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SBA Communications' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
216.80218.37219.94
Details
Intrinsic
Valuation
LowRealHigh
196.71235.70237.27
Details
Naive
Forecast
LowNextHigh
208.82210.40211.97
Details
16 Analysts
Consensus
LowTargetHigh
226.53248.93276.31
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SBA Communications. Your research has to be compared to or analyzed against SBA Communications' peers to derive any actionable benefits. When done correctly, SBA Communications' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in SBA Communications Corp.

SBA Communications Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. SBA Communications is not an exception. The market had few large corrections towards the SBA Communications' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold SBA Communications Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SBA Communications within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.36
β
Beta against NYSE Composite1.17
σ
Overall volatility
15.05
Ir
Information ratio -0.22

SBA Communications Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of SBA Communications for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SBA Communications Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
SBA Communications generated a negative expected return over the last 90 days
The company 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. Debt can assist SBA Communications until it has trouble settling it off, either with new capital or with free cash flow. So, SBA Communications' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SBA Communications Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SBA to invest in growth at high rates of return. When we think about SBA Communications' use of debt, we should always consider it together with cash and equity.
Over 100.0% of SBA Communications shares are owned by institutional investors
Latest headline from zacks.com: Why Is SBA Communications Up 7.1 percent Since Last Earnings Report

SBA Communications Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of SBA Stock often depends not only on the future outlook of the current and potential SBA Communications' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. SBA Communications' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding108.9 M
Cash And Short Term Investments247.7 M

SBA Communications Technical Analysis

SBA Communications' future price can be derived by breaking down and analyzing its technical indicators over time. SBA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SBA Communications Corp. In general, you should focus on analyzing SBA Stock price patterns and their correlations with different microeconomic environments and drivers.

SBA Communications Predictive Forecast Models

SBA Communications' time-series forecasting models is one of many SBA Communications' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary SBA Communications' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about SBA Communications Corp

Checking the ongoing alerts about SBA Communications for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SBA Communications Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
SBA Communications generated a negative expected return over the last 90 days
The company 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. Debt can assist SBA Communications until it has trouble settling it off, either with new capital or with free cash flow. So, SBA Communications' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SBA Communications Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SBA to invest in growth at high rates of return. When we think about SBA Communications' use of debt, we should always consider it together with cash and equity.
Over 100.0% of SBA Communications shares are owned by institutional investors
Latest headline from zacks.com: Why Is SBA Communications Up 7.1 percent Since Last Earnings Report
When determining whether SBA Communications Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SBA Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sba Communications Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sba Communications Corp Stock:
Check out SBA Communications Backtesting, SBA Communications Valuation, SBA Communications Correlation, SBA Communications Hype Analysis, SBA Communications Volatility, SBA Communications History as well as SBA Communications Performance.
Note that the SBA Communications Corp information on this page should be used as a complementary analysis to other SBA Communications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for SBA Stock analysis

When running SBA Communications' price analysis, check to measure SBA Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SBA Communications is operating at the current time. Most of SBA Communications' value examination focuses on studying past and present price action to predict the probability of SBA Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SBA Communications' price. Additionally, you may evaluate how the addition of SBA Communications to your portfolios can decrease your overall portfolio volatility.
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Is SBA Communications' industry 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
0.063
Dividend Share
3.4
Earnings Share
4.61
Revenue Per Share
25.06
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.
Please note, there is a significant difference between SBA Communications' value and its price as these two are different measures arrived at by different 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.