Economy

Sprint Corp (NYSE:S) Shares Bought by UBS Asset Management Americas Inc

Fifteen analysts have issued estimates for Sprint's earnings, with estimates ranging from $7.82 billion to $8.54 billion.

Sprint (NYSE:S) last issued its earnings results on Friday, February 2nd.

Bluestein R H & Company increased Home Depot Inc (HD) stake by 4.89% reported in 2017Q3 SEC filing.

According to analysts Sprint Corporation (NYSE:S)'s minimum EPS for the current quarter is at $-0.14 and can go high up to $0.03. After $-0.02 actual EPS reported by Sprint Corporation for the previous quarter, Wall Street now forecasts 150.00% negative EPS growth. The company had revenue of $8.24 billion for the quarter, compared to analysts' expectations of $8.19 billion. They expect $0.28 earnings per share, up 55.56% or $0.10 from last year's $0.18 per share. Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock's price movement.

Sprint Corporation (NYSE:S) received a Buy rating from 0 analysts. Deutsche Bank cut their price target on Sprint to $5.50 and set a "hold" rating for the company in a research note on Monday, December 11th. Bank of America lifted their price objective on Sprint from $2.60 to $3.00 and gave the stock an "underperform" rating in a report on Monday, February 5th. Finally, Robert W. Baird reissued a "hold" rating and issued a $6.00 price target on shares of Sprint in a research note on Friday, February 2nd. The hedge fund run by Crispin Odey held 9.03 million shares of the telecommunications equipment company at the end of 2017Q3, valued at $70.28M, up from 8.12 million at the end of the previous reported quarter. The stock has a consensus rating of "Hold" and a consensus target price of $6.02. For the current quarter Sprint Corporation (NYSE:S) has high EPS estimates of $0.03 in contradiction of low EPS estimates of $-0.14. The company's stock had a trading volume of 10,459,881 shares, compared to its average volume of 15,672,444. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.83 and a current ratio of 0.92. The stock has a market capitalization of $21,580.00, a P/E ratio of 3.12 and a beta of 0.64. Sprint has a 1 year low of $4.91 and a 1 year high of $9.22. 144,041 shares valued at $827,487 were sold by SCHIEBER PAUL W JR on Wednesday, December 13. The shares were bought at an average price of $5.70 per share, with a total value of $35,565,366.60. Following the completion of the sale, the insider now directly owns 858,383 shares in the company, valued at $5,304,806.94. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, major shareholder Group Corp Softbank purchased 5,039,477 shares of the business's stock in a transaction that occurred on Monday, December 18th. The shares were bought at an average price of $5.60 per share, with a total value of $28,221,071.20. The disclosure for this sale can be found here. Advisory Services Network LLC grew its holdings in shares of Sprint by 1.2% in the second quarter. The firm owned 2,380,813 shares of the cell phone carrier's stock after acquiring an additional 116,343 shares during the quarter. Finally, Legal & General Group Plc raised its position in Sprint by 2.2% during the 3rd quarter. First Trust Advisors LP now owns 1,401,868 shares of the cell phone carrier's stock worth $10,907,000 after buying an additional 12,242 shares during the last quarter. Bank of New York Mellon Corp now owns 3,595,501 shares of the cell phone carrier's stock valued at $27,973,000 after buying an additional 54,865 shares in the last quarter. Perigon Wealth Management Limited Liability Company owns 363 shares or 0% of their United States portfolio. Caisse DE Depot ET Placement DU Quebec now owns 2,218,300 shares of the cell phone carrier's stock worth $17,331,000 after purchasing an additional 43,800 shares in the last quarter.

Sprint (NYSE:S) last released its quarterly earnings data on Friday, February 2nd. Insiders acquired 53,757,531 shares of company stock valued at $309,175,156 in the last quarter.

The company now has an insider ownership of 0.3 Percent and Institutional ownership of 13.8 Percent.

TRADEMARK VIOLATION WARNING: This piece was originally posted by registrarjournal.com and is owned by of registrarjournal.com. Earnings surprises can have a huge impact on a company's stock price. The Company, along with its subsidiaries, is a communications company offering a range of wireless and wireline communications products and services that are created to meet the needs of consumers, businesses, government subscribers and resellers. The firm operates in two divisions, Wireless and Wireline.



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