Sprint stock: buy or sell?
March 31st, 2020
Sprint Corporation, through its subsidiaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.
Should I buy Sprint stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Sprint stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Sprint stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't find any rating for S stock for the last month.
Sprint stock analysis
Sprint shares escalated 2.13% to $8.62 today.
Sprint escalated a more than good 2.13% and closed at $8.62. Since February when S stock price broke up the SMA200d line, it gained $3.82 (79.58%).
After boosting a dazzling 9.53% in a week last week, Sprint closed this week at $8.62 and rose a more than good 3.98%. By mid March S collapsed a hair-raising -16.13% in just one week.
Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $10.16 resistance. Since mid February when S stock price broke up the SMA40w line, it gained $3.69 (74.85%).
Sprint stock price history
Sprint stock went public on November 8th, 1984 with a price of $1.961. Since then, S stock grew a 339.80%, with an average of 9.70% per year. If you had invested $1,000 in Sprint stock in 1984, it would worth $3,398.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Sprint stock historical price chart
S stock reached 52-week highs on February 21st at $10.16, and all-time highs 1999-11-19 with a price of 58.8.
Sprint stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' S stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price target for Sprint stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareSince April, when Sprint presented its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw an ugly correction of -2.82% to $32,406.00 million USD. When comparing 2018 vs 2017, by contrast, profit margin (that is, the net income divided by revenues) rocketed a 26.42% to 22.80%. Sprint presents anual results in March, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Sprint TTM sales up to were $25,159.00 and income $231.00 M USD. If we compare this TTM figures with the last reported annuality, we can review Sprint business evolution since March 2018: Annual revenues up to , compared to lastest yearly report, plummed a chilling -22.36%. Similarly, profit margin (net income/revenues) collapsed at 22.80%.
|2012||$35,350 M||-||$-4,330.00 M-12.2%||-|
|2014||$8,880 M||-74.88%||$-151.00 M-1.7%||-96.51%|
|2015||$34,532 M||288.87%||$-3,345.00 M-9.7%||2,115.23%|
|2016||$32,180 M||-6.81%||$-1,995.00 M-6.2%||-40.36%|
|2017||$33,347 M||3.63%||$-1,206.00 M-3.6%||-39.55%|
|2018||$32,406 M||-2.82%||$7,389 M22.8%||-712.69%|
|TTM||$25,159 M||-22.36%||$231 M0.9%||-96.87%|
Quarterly financial resultsSprint posted million in sales for 2019-Q1, a -100.00% less compared to previous quarter. Reported quarter earnings marked M with a profit margin of . Profit margin remained constant a 0.00% compared to previous quarter when profit margin was -1.64%. When comparing revenues to same quarter last year, Sprint sales marked a scary decrease and plunged a -100.00%.
|2017-Q1||$8,540 M||-||$-283 M-3.3%||-|
|2017-Q2||$8,160 M||-4.45%||$206 M2.5%||-172.79%|
|2017-Q3||$7,927 M||-2.86%||$-48 M-0.6%||-123.30%|
|2017-Q4||$8,239 M||3.94%||$7,162 M86.9%||-15,020.83%|
|2018-Q1||$8,083 M||-1.89%||$69 M0.9%||-99.04%|
|2018-Q2||$8,125 M||0.52%||$176 M2.2%||155.07%|
|2018-Q3||$8,433 M||3.79%||$196 M2.3%||11.36%|
|2018-Q4||$8,601 M||1.99%||$-141 M-1.6%||-171.94%|
Sprint ownershipWhen you are planning to invest in shares of a company, it's always worth to have a look its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Sprint, 0.19% of all outstanding shares are owned by its staff.
In case of Sprint stock, 2.76% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for S stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Sprint:
|Market cap||$35.4 B|
|Total shares||4,110.0 M|
|Float shares||655.1 M|
|- Institutional holdings (%)||2.8%|
|- Insider holdings (%)||0.2%|
|Shares in short selling||0.0%|
|Tuesday, March 31st, 2020|
|Day range||$8.34 - $8.66|
|Average true range||$0.74|
|50d mov avg||$7.50|
|100d mov avg||$6.48|
|200d mov avg||$6.60|
Sprint performanceTo measure stock performance is always good to benchmark with competitors or related stocks. In the following table, we compare Sprint performance to :
Sprint competitorsUnfortunately, we could not find any public company that could be defined as Sprint competitor. This doesn't mean Sprint does not have any competitor in the market, it's just we could not detected it.
Latest Sprint stock news
- Seeking AlphaDish: The Biggest Beneficiary From The T-Mobile And Sprint MergerAugust 2, 2019
- InvestorPlaceWhy Sprint Stock Has Even Further UpsideJuly 30, 2019
- Seeking AlphaPut Sprint Profits Into American Tower, A Long-Term Winner Of The Merger DealJuly 29, 2019
- Seeking AlphaSprint: T-Mobile Merger Still At RiskJuly 29, 2019
- Seeking AlphaSprint T-Mobile Merger: Reassessing The ThesisJuly 24, 2019