Sprint’s stock returns
Sprint (S) stock has risen close to 3.4% since the beginning of June. On June 17, Sprint closed at $7.10, which was 1.3% higher than its previous closing price, 10.1% lower than its 52-week high of $7.90, and 34.5% higher than its 52-week low of $5.28. The company’s market cap is $29.5 billion.
Based on Sprint’s closing price on June 17, the company has reported returns of 1.6% in the last five trading days, 14.9% in the trailing one-month period, and 29.3% in the trailing 12-month period. The company has reported returns of 22.0% since the beginning of 2019.
Among the 19 analysts tracking Sprint, two recommended a “buy,” 14 recommended a “hold,” and three recommended a “sell.” The analysts have an average target price of $6.27, which indicates that the stock has a downside potential of 11.7% from the current levels.
Analysts expect Sprint’s revenues to see YoY (year-over-year) changes of -0.9% to $8.05 billion in the first quarter ending on June 30, -2.6% to $8.21 billion in the second quarter, -2.0% to $8.43 billion in the third quarter, and -2.8% to $8.20 billion in the fourth quarter. Analysts expect Sprint to report an adjusted EPS of -$0.03 in the first quarter, -$0.04 in the second quarter, -$0.07 in the third quarter, and -$0.04 in the fourth quarter.