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) announced its earnings results on Wednesday, May, 3rd. The company reported ($0.07) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by $0.03. The business earned $8.54 billion during the quarter, compared to analysts' expectations of $7.94 billion. Sprint Corporation had a negative return on equity of 5.90% and a negative net margin of 3.62%. Sprint Corporation's quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.14) EPS. View Sprint Corporation's Earnings History.

Sprint Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, August, 1st 2017. View Earnings Estimates for Sprint Corporation.

21 equities research analysts have issued 12-month target prices for Sprint Corporation's shares. Their predictions range from $2.50 to $49.00. On average, they expect Sprint Corporation's stock price to reach $9.54 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 decline in short interest in the month of June. As of June 30th, there was short interest totalling 104,991,406 shares, a decline of 8.8% from the June 15th total of 115,059,177 shares. Based on an average daily volume of 18,065,828 shares, the days-to-cover ratio is presently 5.8 days. Currently, 15.6% of the shares of the company are short sold.

Some companies that are related to Sprint Corporation include Vodafone Group plc (VOD), America Movil, S.A.B. de C.V. (AMX), America Movil SAB de CV (AMOV), 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), United States Cellular Corporation (USM), Telephone and Data Systems (TDS), Gogo (GOGO), Cellcom Israel (CEL), ORBCOMM (ORBC), CalAmp Corp. (CAMP), Intelsat S.A. (I) and pdvWireless (PDVW).

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 a number of of retail and institutional investors. Top institutional shareholders include APG Asset Management N.V. (0.07%), Hoertkorn Richard Charles (0.02%), NN Investment Partners Holdings N.V. (0.01%), Nisa Investment Advisors LLC (0.01%), Aperio Group LLC (0.01%) and Oregon Public Employees Retirement Fund (0.00%). Company insiders that own Sprint Corporation stock include Group Corp Softbank, Jaime Jones, 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 NN Investment Partners Holdings N.V., Nisa Investment Advisors LLC, US Bancorp DE and Capstone Asset Management Co.. 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 purchased by a variety of institutional investors in the last quarter, including Mn Services Vermogensbeheer B.V., Private Bank & Trust Co., Gateway Investment Advisers LLC, Hoertkorn Richard Charles, Atria Investments LLC, Aperio Group LLC, Hermes Investment Management Ltd. and CENTRAL TRUST Co. 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 $8.53.