uploads///Telecom Sprint Q Analysts Recommendations

Sprint: Most Analysts Are Neutral in April

Ambrish Shah - Author
By

Aug. 18 2020, Updated 4:43 a.m. ET

Ratings and target price

According to analysts’ consensus, Sprint (S) has a target price of $6.24 compared to its current market price of $6.01—an estimated rise of 3.8% over the next 12 months.

Among the 20 analysts tracking Sprint, three recommended a “buy,” 13 recommended a “hold,” and four recommended a “sell” as of April 16.

On April 16, Sprint closed at $6.01, which was 2.2% higher than its previous closing price, 19.2% higher than its 52-week low of $5.04, and 9.2% lower than its 52-week high of $6.62. The company’s market cap is $24.5 billion.

Sign up for Bagels & Stox, our witty take on the top market and investment news, straight to your inbox! Whether you’re a serious investor or just want to be informed, Bagels & Stox will be your favorite email.

Based on Sprint’s closing price on April 16, the company has reported returns of 3.1% in the last five trading days, -6.0% in the trailing one-month period, and 2.7% in the trailing 12-month period. The company has reported returns of 3.3% year-to-date.

Article continues below advertisement

Revenue and EPS estimates

Analysts expect Sprint to report an adjusted EPS of -$0.01 in the fourth quarter of fiscal 2018—the quarter ending March 31. Analysts also expect Sprint’s revenues to see a year-over-year change of 1.6% to $8.2 billion in the fourth quarter of fiscal 2018.

Advertisement

Latest Sprint Corp News and Updates

    © Copyright 2022 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.