SBA Communications Corp (SBAC): Today's Featured Diversified Services Winner

SBA Communications (SBAC) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole closed the day up 1.5%. By the end of trading, SBA Communications rose 53 cents (1.1%) to $50.41 on average volume. Throughout the day, 1.6 million shares of SBA Communications exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in a price between $49.79-$50.70 after having opened the day at $49.91 as compared to the previous trading day's close of $49.88. Other companies within the Diversified Services industry that increased today were: StarTek (SRT), up 14.1%, Swisher Hygiene (SWSH), up 10.5%, Xueda Education Group (XUE), up 9.9%, and Scientific Learning Corporation (SCIL), up 9.2%.

SBA Communications Corporation owns and operates wireless communications towers primarily in the United States, Canada, Costa Rica, El Salvador, Guatemala, Nicaragua, and Panama. SBA Communications has a market cap of $6.11 billion and is part of the services sector. Shares are up 16.1% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate SBA Communications a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates SBA Communications as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet.

• You can view the full SBA Ratings Report.

On the negative front, China HGS Real Estate (HGSH), down 16.4%, Mattersight (MATR), down 9.5%, VirtualScopics (VSCP), down 9.4%, and Willdan Group (WLDN), down 7.6%, were all losers within the diversified services industry with ITT Educational Services (ESI) being today's diversified services industry loser.

• Use our diversified services section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider iShares Dow Jones US Cons Services (IYC) while those bearish on the diversified services industry could consider ProShares Ultra Short Consumer Sers (SCC).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on SBA Communications Corp click any of the following:

• SBA Communications Corp Stock Price

• SBA Communications Corp Analyst Ratings

• SBA Communications Corp Key Stats & Profile

• SBA Communications Corp Earnings

• SBA Communications Corp Ratio Comparison

• SBA Communications Corp Growth Rates

• SBA Communications Corp Balance Sheet

• SBA Communications Corp Cash Flow

• SBA Communications Corp Income Statement