Press coverage about Sprint (NYSE:S) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sprint earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned media stories about the cell phone carrier an impact score of 45.3161923564991 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
Shares of Sprint (NYSE S) opened at $5.03 on Tuesday. Sprint has a 12 month low of $4.91 and a 12 month high of $9.44. The stock has a market cap of $21,441.86, a price-to-earnings ratio of 2.97 and a beta of 0.64. The company has a current ratio of 0.92, a quick ratio of 0.83 and a debt-to-equity ratio of 1.25.
Sprint (NYSE:S) last announced its quarterly earnings data on Friday, February 2nd. The cell phone carrier reported ($0.02) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.02. Sprint had a net margin of 21.41% and a negative return on equity of 0.94%. The company had revenue of $8.24 billion during the quarter, compared to analysts’ expectations of $8.19 billion. During the same period in the previous year, the company earned ($0.46) EPS. The business’s quarterly revenue was down 3.6% compared to the same quarter last year. sell-side analysts predict that Sprint will post -0.01 earnings per share for the current fiscal year.
S has been the subject of several research reports. Vetr downgraded Sprint from a “strong-buy” rating to a “buy” rating and set a $7.10 price objective for the company. in a research report on Thursday, November 2nd. Zacks Investment Research upgraded Sprint from a “hold” rating to a “buy” rating and set a $8.25 price objective for the company in a research report on Tuesday, October 10th. UBS Group reaffirmed a “buy” rating and issued a $7.50 target price (down from $9.00) on shares of Sprint in a research note on Monday, November 6th. TheStreet raised shares of Sprint from a “d+” rating to a “c” rating in a research note on Friday. Finally, KeyCorp reaffirmed a “hold” rating on shares of Sprint in a research note on Wednesday, October 11th. Nine research 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. The stock has an average rating of “Hold” and a consensus price target of $6.08.
In other news, insider Dow Draper sold 292,707 shares of the business’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $5.71, for a total transaction of $1,671,356.97. Following the completion of the sale, the insider now directly owns 1,165,158 shares of the company’s stock, valued at approximately $6,653,052.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jorge Enrique Gracia sold 112,959 shares of Sprint stock in a transaction on Monday, November 27th. The shares were sold at an average price of $6.18, for a total transaction of $698,086.62. Following the transaction, the insider now owns 858,383 shares in the company, valued at approximately $5,304,806.94. The disclosure for this sale can be found here. Over the last three months, insiders have bought 65,924,416 shares of company stock valued at $383,395,993 and have sold 913,236 shares valued at $5,377,413. 0.18% of the stock is owned by insiders.
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Sprint Company Profile
Sprint Corporation (Sprint) is a holding company. The Company, along with its subsidiaries, is a communications company offering a range of wireless and wireline communications products and services that are designed to meet the needs of consumers, businesses, government subscribers and resellers. It operates through two segments: Wireless and Wireline.
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