Analysts' Recommendations in Limelight: Sprint Corporation (S)

Americafirst Capital Management LLC purchased a new stake in shares of Sprint in the third quarter valued at about $156,000. Commerzbank Aktiengesellschaft FI now owns 80,146 shares of the cell phone carrier's stock valued at $472,000 after purchasing an additional 66,223 shares during the last quarter. Crossmark Global Holdings Inc. purchased a new stake in shares of Sprint in the third quarter valued at about $141,000.

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -28.21%, and has a solid year to date (YTD) performance of -9.34% which means that the stock is constantly adding to its value from the previous fiscal year end price. World Asset Management Inc raised its position in shares of Sprint Corporation by 2.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 21,976 shares of the cell phone carrier's stock valued at $180,000 after acquiring an additional 7,585 shares during the last quarter.

TRADEMARK VIOLATION NOTICE: "Group Corp Softbank Purchases 6,149,090 Shares of Sprint Corp (NYSE:S) Stock" was originally reported by TrueBlueTribune and is owned by of TrueBlueTribune. Commerce Bank purchased a new stake in shares of Sprint in the third quarter valued at about $100,000. Following the completion of the transaction, the chief financial officer now directly owns 1,901,974 shares in the company, valued at $11,411,844.

Analysts are expecting average earnings estimates of $0 for the current quarter based on the opinion of 0 analysts, relating to high earnings per share estimates of $0 and low estimates of $0, however Sprint Corporation (NYSE:S) reported $-0.46 earnings per share for the same quarter previous year.

The company now has an insider ownership of 0.6 Percent and Institutional ownership of 14.9 Percent. Sprint Corporation (NYSE:S)'s price to earnings ratio stood at 0.

On Wednesday, Sprint Corporation (S) made the way into the market negative movers list with falling -0.75%. For the current quarter Sprint Corporation (NYSE:S) has high EPS estimates of $0 in contradiction of low EPS estimates of $0. As of today, the company has a SMA200 (200-day simple moving average) of -28.21 Percent. The company operates in the Communication Services sector with a market capitalization of 20.85 Million. The range is measured the same way for options and commodities - high minus low - as they are for stocks.

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Sprint Corporation (S) is expected to post revenue of $8.02 Billion in the current quarter, according to consensus of 7 analysts. The company had revenue of $7.93 billion for the quarter, compared to analyst estimates of $8.05 billion. Sprint Corporation had a negative return on equity of 3.66% and a negative net margin of 2.08%. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.03 and a current ratio of 1.10. During the same quarter a year ago, the company posted ($0.04) EPS. On average, equities research analysts forecast that Sprint Corporation will post ($0.83) EPS for the current year.

Several analysts recently weighed in on the stock. Barclays restated a "hold" rating and set a $5.00 price objective on shares of Sprint in a research report on Friday, January 19th.

On Tuesday, January 9th, Group Corp Softbank acquired 5,348,176 shares of Sprint stock. Deutsche Bank dropped their target price on shares of Sprint from $8.00 to $7.00 and set a "hold" rating for the company in a report on Tuesday, October 10th. TheStreet raised Sprint Corporation from a "d+" rating to a "c+" rating in a report on Wednesday, May 3rd. KeyCorp reiterated a "hold" rating on shares of Sprint in a report on Wednesday, October 11th. Eight investment analysts have rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the stock. Sprint Corporation presently has a consensus rating of "Hold" and an average target price of $9.78.

In other news, CFO Tarek Robbiati sold 363,529 shares of the business's stock in a transaction on Monday, November 13th.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Sprint Corporation (Sprint) is a holding company.

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