Sprint (NYSE:S) Receives Media Impact Score of 0.06

Press coverage about Sprint (NYSE:S) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sprint earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave news stories about the cell phone carrier an impact score of 45.0593854439967 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

Shares of Sprint (NYSE S) traded down $0.21 during mid-day trading on Wednesday, hitting $5.74. The stock had a trading volume of 15,245,301 shares, compared to its average volume of 15,118,537. The company has a quick ratio of 1.03, a current ratio of 1.10 and a debt-to-equity ratio of 1.80. Sprint has a fifty-two week low of $5.62 and a fifty-two week high of $9.65.

Sprint (NYSE:S) last issued its quarterly earnings data on Wednesday, October 25th. The cell phone carrier reported ($0.01) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.02) by $0.01. Sprint had a negative return on equity of 3.19% and a negative net margin of 1.82%. The business had revenue of $7.93 billion during the quarter, compared to analysts’ expectations of $8.05 billion. During the same quarter in the previous year, the firm posted ($0.04) EPS. The company’s revenue for the quarter was down 3.9% on a year-over-year basis. equities research analysts expect that Sprint will post -0.03 earnings per share for the current fiscal year.

S has been the topic of a number of analyst reports. Zacks Investment Research upgraded Sprint from a “hold” rating to a “buy” rating and set a $8.25 price target on the stock in a report on Tuesday, October 10th. UBS restated a “buy” rating and set a $7.50 target price (down from $9.00) on shares of Sprint in a research note on Monday, November 6th. Macquarie restated a “hold” rating and set a $8.00 target price on shares of Sprint in a research note on Thursday, October 26th. KeyCorp downgraded Sprint from a “sector weight” rating to an “underweight” rating and set a $5.50 target price on the stock. in a research note on Monday, November 6th. Finally, Nomura restated a “neutral” rating and set a $7.00 target price (down from $8.00) on shares of Sprint in a research note on Thursday, October 26th. Eight research analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $7.19.

In other Sprint news, insider Jorge Enrique Gracia sold 112,959 shares of the business’s stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $6.18, for a total transaction of $698,086.62. Following the completion of the sale, the insider now directly owns 858,383 shares in the company, valued at approximately $5,304,806.94. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, major shareholder Group Corp Softbank acquired 6,484,367 shares of the business’s stock in a transaction on Tuesday, November 7th. The shares were purchased at an average price of $5.92 per share, with a total value of $38,387,452.64. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 18,651,252 shares of company stock valued at $112,608,289. 0.18% of the stock is owned by company insiders.

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Sprint Company Profile

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.

Insider Buying and Selling by Quarter for Sprint (NYSE:S)

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