SBA Communications Corp. stock falls behind competitors on Thursday

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Sba Communications Stock Intrinsic Value – SBA ($NASDAQ:SBAC) Communications Corp. lagged its competitors in the stock market Thursday. SBA Communications is a leading independent owner and operator of wireless communications infrastructure in North, Central and South America. The company has been underperforming its competitors in the stock market for some time now.

Thursday’s decline was just the latest example. SBA Communications will need to turn things around if it wants to catch up to its competitors.

Stock Price

On Friday, SBA COMMUNICATIONS stock opened at $265.2 and closed at $262.4, down by 2.1% from previous closing price of 268.0.

VI Analysis – Sba Communications Stock Intrinsic Value

The company’s fundamentals reflect its long term potential, and the VI Line app makes it easy to analyze the company’s financials and valuation. The fair value of SBA Communications shares is around $424.3, based on the company’s earnings power and growth potential. However, the stock is currently trading at just $262.4, which represents a 38% discount to its fair value. Given the company’s strong fundamentals, this appears to be an attractive opportunity for long-term investors.

Summary

The company has been facing some challenges recently, including the departure of its CFO and a reduction in guidance for the full year. In addition, the company is facing increased competition from the likes of American Tower and Crown Castle, who have been aggressively expanding their portfolios. The company also has a strong balance sheet, with over $4 billion in cash and no debt. Given the challenges that the company is facing, as well as the underperformance of the stock relative to its competitors, now is not the time to invest in SBA Communications.