Sprint Corp (NYSE:S) – Oppenheimer issued their FY2018 earnings estimates for shares of Sprint Corp in a research note issued on Tuesday, Zacks Investment Research reports. Oppenheimer analyst T. Horan anticipates that the firm will earn $0.01 per share for the year. Oppenheimer currently has a “Market Perform” rating and a $2.99 target price on the stock.

S has been the subject of a number of other reports. Moffett Nathanson reaffirmed a “sell” rating on shares of Sprint Corp in a research note on Friday, October 9th. Vetr cut shares of Sprint Corp from a “sell” rating to a “strong sell” rating and set a $4.17 price target for the company. in a research note on Monday, October 26th. Nomura assumed coverage on shares of Sprint Corp in a research note on Friday, October 16th. They set a “neutral” rating and a $4.00 price target for the company. Zacks Investment Research raised shares of Sprint Corp from a “hold” rating to a “buy” rating and set a $5.25 price target for the company in a research note on Monday, November 2nd. Finally, Canaccord Genuity reaffirmed a “hold” rating and set a $3.75 price target on shares of Sprint Corp in a research note on Tuesday, November 3rd. Five equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $4.15.

Sprint Corp (NYSE:S) traded down 0.98% during midday trading on Thursday, hitting $3.02. 30,963,861 shares of the stock were exchanged. The company’s market cap is $11.99 billion. The firm’s 50 day moving average price is $3.33 and its 200 day moving average price is $4.01. Sprint Corp has a 12 month low of $2.18 and a 12 month high of $5.45.

Sprint Corp (NYSE:S) last posted its quarterly earnings results on Tuesday, January 26th. The cell phone carrier reported ($0.21) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.26) by $0.05. The firm had revenue of $8.10 billion for the quarter, compared to analysts’ expectations of $8.69 billion. During the same quarter in the previous year, the company earned ($0.46) EPS. The company’s quarterly revenue was down 9.7% compared to the same quarter last year.

Other hedge funds and institutional investors have recently bought and sold shares of the company. Taylor Wealth Management Partners purchased a new position in Sprint Corp during the fourth quarter valued at approximately $0. KBC Group raised its position in Sprint Corp by 48.6% in the third quarter. KBC Group now owns 179,047 shares of the cell phone carrier’s stock valued at $688,000 after buying an additional 58,597 shares during the period. IMS Capital Management raised its position in Sprint Corp by 3.3% in the fourth quarter. IMS Capital Management now owns 192,686 shares of the cell phone carrier’s stock valued at $698,000 after buying an additional 6,155 shares during the period. Creative Planning raised its position in Sprint Corp by 6.5% in the fourth quarter. Creative Planning now owns 196,492 shares of the cell phone carrier’s stock valued at $711,000 after buying an additional 12,045 shares during the period. Finally, Janus Capital Management raised its position in Sprint Corp by 71.0% in the third quarter. Janus Capital Management now owns 263,685 shares of the cell phone carrier’s stock valued at $1,013,000 after buying an additional 109,491 shares during the period.

Sprint Corporation is a holding company. The Company, along with its subsidiaries is a wireless communications company offering a range of wireless and wireline communications products and services. The Company operates in two segments: Wireless and Wireline. Its services are provided through its ownership of wireless networks, an all-digital global wireline network and a Tier 1 Internet backbone. It offers wireless and wireline services to subscribers in all 50 states, Puerto Rico, and the United States Virgin Islands under the Sprint corporate brand, which includes its retail brands of Sprint, Boost Mobile, Virgin Mobile and Assurance Wireless. It markets its postpaid services under the Sprint brand. It markets its prepaid services under the Sprint, Boost Mobile, Virgin Mobile and Assurance Wireless brands. In addition, it sells accessories, such as carrying cases, hands-free devices and and it sells devices and accessories to agents and other third-party distributors for resale.

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