Somewhat Positive Press Coverage Somewhat Unlikely to Affect Sprint (S) Stock Price
Headlines about Sprint (NYSE:S) have been trending somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. 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 daily sentiment score of 0.05 on Accern’s scale. Accern also gave news stories about the cell phone carrier an impact score of 45.3171008303795 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern’s analysis:
- Faces Of The Wade Farm Sprint Enduro (dirtrider.com)
- Sprint teaming up with LG to bring first 5G smartphone in 1H of 2019 (androidcommunity.com)
- Ditching of egos and a focus on team ethic has turned Britain into a thriving sprint nation (telegraph.co.uk)
- Inside T-Mobile’s Efforts to Expand Its Customer Base (finance.yahoo.com)
- Eurobites: Deutsche Telekom Pulls Out of Iran (lightreading.com)
S opened at $6.13 on Friday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.10 and a current ratio of 1.15. Sprint has a 1-year low of $4.81 and a 1-year high of $8.55. The company has a market capitalization of $24.14 billion, a price-to-earnings ratio of 87.57 and a beta of 0.61.
Several equities research analysts recently issued reports on S shares. Gabelli restated a “hold” rating on shares of Sprint in a report on Tuesday, April 24th. Wells Fargo & Co cut shares of Sprint from an “outperform” rating to a “market perform” rating in a report on Monday, April 30th. Guggenheim upgraded shares of Sprint from a “sell” rating to a “neutral” rating and set a $4.50 target price on the stock in a report on Monday, April 30th. Citigroup raised their target price on shares of Sprint from $6.50 to $7.00 and gave the stock a “neutral” rating in a report on Monday, April 30th. Finally, ValuEngine downgraded shares of Sprint from a “sell” rating to a “strong sell” rating in a research report on Tuesday, May 1st. Four equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $5.95.
Sprint Corp is a computer and technology company in the Wireless Telecommunication Services industry.
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