Sprint Corporation (S) was a big mover last session, as the company saw its shares rise over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up nearly 29% in the past one-month time frame.
This wireless communications services provider has seen two positive estimate revisions in the last 30 days and the Zacks Consensus Estimate has also moved higher over the same period. This implies more solid trading ahead for the company. So make sure to keep an eye on this stock going forward to see if Friday’s rally can turn into more strength down the road.
Sprint Corp. currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Better-ranked stocks in the same industry include Hawaiian Telcom Holdco, Inc. (HCOM), Level 3 Communications, Inc. (LVLT) and Telenor ASA (TELNY). While Hawaiian Telcom sports a Zacks Rank #1 (Strong Buy), Level 3 Communications and Telenor carry a Zacks Rank #2 (Buy).
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SPRINT CORP SRS 1 (S): Free Stock Analysis Report
HAWAIIAN TELCOM HOLDCO INC (HCOM): Free Stock Analysis Report
LEVEL 3 COMMUNICATIONS INC (LVLT): Free Stock Analysis Report
TELENOR ASA ADS # (TELNY): Free Stock Analysis Report
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