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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

SBA Communications ( SBAC) pushed the Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day down 0.7%. By the end of trading, SBA Communications fell $2.00 (-2.6%) to $75.39 on heavy volume. Throughout the day, 2,615,909 shares of SBA Communications exchanged hands as compared to its average daily volume of 1,633,100 shares. The stock ranged in price between $74.82-$77.38 after having opened the day at $77.37 as compared to the previous trading day's close of $77.39. Other companies within the Diversified Services industry that declined today were: CIBT Education Group ( MBA), down 26.4%, Fortune Industries ( FFI), down 11.8%, General Employment ( JOB), down 9.1% and Command Security Corporation ( MOC), down 6.7%.
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SBA Communications Corporation owns and operates wireless communications towers in the United States, Canada, Costa Rica, El Salvador, Guatemala, Nicaragua, Panama, and Brazil. SBA Communications has a market cap of $10.0 billion and is part of the services sector. Shares are up 10.1% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate SBA Communications a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates SBA Communications as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet.

On the positive front, Stewart ( STEI), down 33.2%, National Research Corporation ( NRCIB), down 24.4%, China HGS Real Estate ( HGSH), down 10.3% and Carriage Services ( CSV), down 8.9% , were all gainers within the diversified services industry with Global Payments ( GPN) being today's featured diversified services industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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