Sprint Corporation (NYSE: S) has recently received a number of price target changes and ratings updates:

  • 8/9/2017 – Sprint Corporation had its “neutral” rating reaffirmed by analysts at Barclays PLC. They now have a $8.00 price target on the stock.
  • 8/8/2017 – Sprint Corporation had its “market perform” rating reaffirmed by analysts at Cowen and Company. They now have a $6.50 price target on the stock.
  • 8/2/2017 – Sprint Corporation had its “neutral” rating reaffirmed by analysts at UBS AG. They now have a $9.00 price target on the stock.
  • 8/2/2017 – Sprint Corporation had its “outperform” rating reaffirmed by analysts at Wells Fargo & Company.
  • 8/2/2017 – Sprint Corporation had its “market perform” rating reaffirmed by analysts at Cowen and Company. They now have a $6.50 price target on the stock.
  • 7/19/2017 – Sprint Corporation had its “hold” rating reaffirmed by analysts at Cowen and Company. They now have a $6.50 price target on the stock.
  • 7/14/2017 – Sprint Corporation had its “sell” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $5.00 price target on the stock.
  • 7/9/2017 – Sprint Corporation had its “hold” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $8.00 price target on the stock.
  • 6/30/2017 – Sprint Corporation had its “underperform” rating reaffirmed by analysts at Jefferies Group LLC.
  • 6/28/2017 – Sprint Corporation had its “neutral” rating reaffirmed by analysts at J P Morgan Chase & Co.
  • 6/28/2017 – Sprint Corporation had its “neutral” rating reaffirmed by analysts at Goldman Sachs Group, Inc. (The).
  • 6/28/2017 – Sprint Corporation had its “outperform” rating reaffirmed by analysts at Wells Fargo & Company.
  • 6/16/2017 – Sprint Corporation had its “reduce” rating reaffirmed by analysts at HSBC Holdings plc. They now have a $7.20 price target on the stock.
  • 6/15/2017 – Sprint Corporation was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.

Shares of Sprint Corporation (NYSE S) traded down 2.31% on Thursday, reaching $8.03. 11,172,529 shares of the company’s stock were exchanged. Sprint Corporation has a one year low of $5.83 and a one year high of $9.65. The firm’s market cap is $32.09 billion. The company has a 50 day moving average price of $8.33 and a 200 day moving average price of $8.48.

Sprint Corporation (NYSE:S) last posted its quarterly earnings results on Tuesday, August 1st. The cell phone carrier reported $0.05 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.06. Sprint Corporation had a negative return on equity of 3.66% and a negative net margin of 2.08%. The company had revenue of $8.16 billion for the quarter, compared to analysts’ expectations of $8.14 billion. During the same period in the previous year, the firm earned ($0.08) EPS. The firm’s revenue was up 1.8% compared to the same quarter last year. Analysts expect that Sprint Corporation will post ($0.83) EPS for the current fiscal year.

In other news, VP Paul W. Schieber, Jr. sold 24,465 shares of the company’s stock in a transaction that occurred on Wednesday, June 14th. The stock was sold at an average price of $8.22, for a total transaction of $201,102.30. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.18% of the stock is owned by corporate insiders.

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.

Receive News & Ratings for Sprint Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprint Corporation and related companies with MarketBeat.com's FREE daily email newsletter.