|Bid||55.00 x 100|
|Ask||69.55 x 200|
|Day's Range||67.10 - 67.88|
|52 Week Range||40.50 - 68.88|
|PE Ratio (TTM)||34.73|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Sprint Corp. has stated several times that it is in no hurry to merge, but the Overland Park-based wireless carrier's CEO acknowledged "the synergies are enormous" in a merger with T-Mobile US Inc. or a cable company. Sprint (NYSE: S) and its primary owner, SoftBank Group Corp., began preliminary conversations with T-Mobile (TMUS) on May 12, Bloomberg reported. "We're very happy with the trajectory of the business," Claure said in a Wednesday conference hosted by J.P. Morgan, noting that Sprint would continue its stable growth trajectory per its five-year turnaround plan.
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On May 15, 2017, T-Mobile was trading at a forward PE multiple of ~26.1x.