uploads///Telecom Sprint Q Analysts Recommendations

Sprint’s Year-to-Date Stock Performance in 2018

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Dec. 4 2020, Updated 10:52 a.m. ET

Shareholder returns and stock trends

Sprint’s (S) closing price on August 17 was $6.13 per share. Based on that closing price, Sprint’s market capitalization was ~$24.9 billion—the lowest among all major US mobile carriers. Sprint’s highest price in the last 52 weeks stands at $8.55 per share. Its lowest price in the last 52 weeks was $4.81 per share.

Sprint’s YTD (year-to-date) stock price has increased 4.1%. The stock has generated a return of 9.7% in the trailing-one-month period and -24.2% in the trailing-12-month period.

Verizon (VZ) and T-Mobile (TMUS) have seen their stock prices increase 14.4% and 4.6%, respectively, in the trailing-12-month period. AT&T’s (T) stock price decreased 12.2% in the trailing-12-month period.

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Analysts’ recommendations

On August 17, the majority of Wall Street analysts recommended a “hold” on Sprint stock. These recommendations represented 67.0% of the 24 analysts covering the stock. Meanwhile, 21.0% of these analysts recommended a “sell” on Sprint stock, and the remaining 12.0% of recommendations on the stock were for a “buy.”

12-month target price

The Wall Street analyst consensus indicates that Sprint’s 12-month target price is $5.73, which suggests a potential return of ~-6.5% from its closing price of $6.13 on August 17.

Relative strength index

A stock’s 14-day RSI (relative strength index) reading is measured on a scale of 0–100. A 14-day RSI reading that’s higher than 70 suggests the stock is overbought, and a 14-day RSI reading that’s lower than 30 suggests that it’s oversold. A stock trading with a 14-day RSI reading of 30–70 suggests balanced trading activity.

On August 17, Sprint had a 14-day RSI reading of 67. T-Mobile, AT&T, and Verizon had 14-day RSI readings of 67, 62, and 73, respectively.

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