Most Analysts Recommend a ‘Hold’ for Sprint Stock

Sprint (S) stock offers a potential upside of ~3.5% going forward compared to its current market price of $6.24. On March 6, analysts’ 12-month consensus target price for Sprint was $6.46. The target price has risen from $5.94 a month ago. Sprint stock has risen ~16.6% in the trailing-12-month period and ~7.2% year-to-date. In comparison, T-Mobile (TMUS) and Verizon (VZ) stock have risen ~11.4% and ~13.9%, respectively, in the trailing-12-month period. AT&T’s (T) stock price has fallen ~19.2% in the trailing-12-month period.

Out of the 20 analysts covering Sprint, three analysts have rated the stock a “buy,” 13 analysts have rated the stock a “hold,” while four analysts have rated the stock a “sell.”

Analysts expect Sprint to post adjusted EPS of -$0.02 in the fourth quarter of fiscal 2018 (quarter ending on March 31) compared with adjusted EPS of $0.02 in the year-ago quarter. They expect Sprint’s revenue to rise ~1.2% YoY to $8.2 billion.