Stocks Buzz: Sprint Corporation (NYSE:S)


Sprint Corporation (NYSE:S) retreated -2% and closed its last session at $7.84. The stock has the market capitalization of $31.21 Billion with the total outstanding shares of 3.98 Billion. Sprint Corporation. has Analysts’ Mean Recommendation of 3.21 between the scale of 1 to 5 (1 represents Strong Buy and 5 means Sell). The stock currently has P/E of 0 for trailing twelve months while its Forward P/E is 392.

Sprint Corporation (NYSE:S) touched its 52-Week High of $8.11 on Nov 30, 2016 while it’s 52-Week Low of $2.18 on Jan 20, 2016. The company currently has Return on Assets of -2.3 percent, Return on Equity of -9.3% and Return on Investment of 0.3 percent. The stock currently showing Weekly Volatility of 2.84%% and Monthly Volatility of 4.45% Percent with Average True Range of 0.29 and Beta of 0.98.

The 18 analysts offering 12-month price forecasts for Sprint Corp have a median target of 6.00, with a high estimate of 8.00 and a low estimate of 2.20. The median estimate represents a -23.47% decrease from the last price of 7.84.

Press Release:

Transaction Network Services (TNS) and its subsidiary, Cequint, are providing Sprint with an important new service which will help protect Sprint’s customers from unwanted robocallers and caller ID spoofers.

Sprint is the first carrier using Cequint’s Enhanced Caller ID service in conjunction with TNS Call Guardian service to identify fraudulent and nuisance callers as well as caller ID spoofing. The combined service provides Sprint’s Premium Caller ID customers with unparalleled protection against problem callers. The service is newly available on Sprint’s HTC Bolt, and will be available on more devices soon.

TNS Call Guardian’s telephone number scoring and categorization algorithm is based on network data gathered via TNS’ unique position in the public telephone network. TNS handles 25 billion call events every month from over 400 operators.

The Sprint Premium Caller ID application from Cequint displays a caller’s category and fraud risk level, identifying calls from robocallers, spammers, spoofers, and scammers, and putting the decision about whether to answer calls in the hands of Sprint subscribers. Subscribers may elect to block the number in order to prevent future calls and may also choose to report the call, which is used to refine data via crowd-sourcing.

Company Profile:

Sprint Corporation offers communications services. It operates in two segments: Wireless and Wireline. It develops, engineers and deploys technologies, including wireless networks offering mobile data services, instant national and international push-to-talk capabilities and a global Tier 1 Internet backbone. Sprint Corporation is based in Overland Park, United States.