Sprint Corporation Company Profile (NYSE:S)

Sprint Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "S."

Sprint Corporation (NYSE:S) released its earnings results on Tuesday, August, 1st. The company reported $0.05 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.01) by $0.06. The firm earned $8.16 billion during the quarter, compared to analyst estimates of $8.14 billion. Sprint Corporation had a negative net margin of 2.08% and a negative return on equity of 3.66%. The business's revenue was up 1.8% on a year-over-year basis. During the same period last year, the business earned ($0.08) earnings per share. View Sprint Corporation's Earnings History.

Sprint Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Sprint Corporation.

19 analysts have issued 12-month target prices for Sprint Corporation's stock. Their predictions range from $2.50 to $49.00. On average, they expect Sprint Corporation's stock price to reach $10.41 in the next year. View Analyst Ratings for Sprint Corporation.

Here are some recent quotes from research analysts about Sprint Corporation stock:

• 1. According to Zacks Investment Research, "Over the past six months, Sprint grew 32.9% while the Zacks-classified Wireless National industry gained 5.9%. We believe the efficient use of capital, reduction of cell sites, the elimination of dual networks, backhaul efficiencies, reduced churn, lower roaming charges and energy cost savings bode well for Sprint’s long-term growth. The upcoming launch of 5G technology, promotional plans, tilt toward IP-enabled cloud services, wireless expansion plans, network modernization and integration efforts and sale-leaseback transactions to pay-off its debt are sure to boost its customer base. On the flip side, high cash burn from promotional offers and discounts, debt-laden balance sheet and decreasing cash flow have led to losses for Sprint. Further, the company’s decision to skip the 600 MHz low-band airwaves auction will save cash for the company but will limit its scope for network upgrades." (4/5/2017)
• 2. Jefferies Group LLC analysts commented, "Results were mixed, with financials beating on higher equipment, while handsets were softer given higher churn. Sprint continues to make progress on cost cutting while maintaining share of gross adds. FCF guidance was reiterated, as higher EBITDA and lower capex expectations were offset by MLS1 payments and working capital needs. In our view, Sprint remains overvalued on fundamentals, though supportive M&A commentary likely limits near-term downside risk." (2/1/2017)

Sprint Corporation saw a drop in short interest in the month of August. As of August 31st, there was short interest totalling 95,708,496 shares, a drop of 5.2% from the August 15th total of 100,970,308 shares. Based on an average daily trading volume, of 6,014,874 shares, the days-to-cover ratio is presently 15.9 days. Approximately 14.6% of the company's shares are sold short.

Some companies that are related to Sprint Corporation include America Movil, S.A.B. de C.V. (AMX), America Movil SAB de CV (AMOV), Vodafone Group plc (VOD), China Telecom Corp Ltd (CHA), China Unicom (Hong Kong) Ltd (CHU), Rogers Communication (RCI), SK Telecom Co. (SKM), Mobile TeleSystems OJSC (MBT), TIM Participacoes S.A. (TSU), BlackBerry Limited (BBRY), Telephone and Data Systems (TDS), United States Cellular Corporation (USM), Straight Path Communications (STRP), Gogo (GOGO), Cellcom Israel (CEL), ORBCOMM (ORBC), CalAmp Corp. (CAMP) and Intelsat S.A. (I).

Sprint Corporation's management team includes the folowing people:

• Masayoshi Son, Chairman of the Board
• Marcelo Claure, President, Chief Executive Officer, Director
• Ronald D. Fisher, Vice Chairman of the Board
• Tarek Robbiati, Chief Financial Officer
• Kevin Crull, President - Omnichannel Sales
• Brandon Draper, President - Sprint Prepaid Group
• Nestor Cano, Chief Operating Officer
• Jorge Enrique Gracia, Senior Vice President, General Counsel and Chief Ethics Officer
• Roger Sole Rafols, Chief Marketing Officer
• Paul Schieber Jr., Controller

Sprint Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dodge & Cox (4.29%), Ontario Teachers Pension Plan Board (1.18%), Vanguard Group Inc. (0.95%), BlackRock Inc. (0.84%), Discovery Capital Management LLC CT (0.67%) and State Street Corp (0.35%). Company insiders that own Sprint Corporation stock include Group Corp Softbank, Paul W Schieber Jr, Paul W Schieber, Jr and Roger Sole-Rafols. View Institutional Ownership Trends for Sprint Corporation.

Sprint Corporation's stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Dodge & Cox, Discovery Capital Management LLC CT, Prudential Financial Inc., Gotham Asset Management LLC, State Street Corp, Cornerstone Capital Management Holdings LLC. and Legal & General Group Plc. Company insiders that have sold Sprint Corporation stock in the last year include Paul W Schieber Jr, Paul W Schieber, Jr and Roger Sole-Rafols. View Insider Buying and Selling for Sprint Corporation.

Sprint Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Odey Asset Management Group Ltd, Naya Capital Management UK Ltd., SG Americas Securities LLC, State of New Jersey Common Pension Fund D, Canada Pension Plan Investment Board, Koch Industries Inc. and Columbus Hill Capital Management L.P.. View Insider Buying and Selling for Sprint Corporation.

Shares of Sprint Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Sprint Corporation stock can currently be purchased for approximately $8.03.