|Bid||32.54 x 900|
|Ask||32.55 x 800|
|Day's Range||32.51 - 32.65|
|52 Week Range||31.17 - 39.80|
|PE Ratio (TTM)||6.83|
|Forward Dividend & Yield||2.00 (6.04%)|
|1y Target Est||N/A|
Since Kylie Jenner's Feb. 21 tweet, short sellers are up more than 50% betting against Snapchat parent company SNAP.
At the end of May 14, T-Mobile (TMUS) had a market cap of ~$47.8 billion. In the US wireless carrier industry, AT&T (T) leads with a market cap of ~$197.7 billion, followed by Verizon (VZ) with its market cap of ~$200.4 billion as of May 18.
In the previous part of this series, we assessed the latest Wall Street analyst recommendations for Sprint (S) stock. The majority of analysts are currently suggesting a “hold.” Now let’s take a look at Sprint’s technical indicators and compare them to its rivals in the telecommunications space. Technical indicators help us predict a stock’s direction.
Amazon.com Inc. ( AMZN) has reached a new milestone: it finally cracked the top ten on the annual Fortune 500 list of the biggest U.S. companies based on revenue that was r eleased earlier this week. Amazon's sales have increased around $70 billion in two years time. “Amazon’s enormity stems from its role as the largest U.S. digital retailer, the fastest-growing part of the market,” wrote Fortune.
On April 29, T-Mobile (TMUS) announced its merger with peer telecom (telecommunications) company Sprint (S), where 0.103 shares of T-Mobile will be given for each Sprint share (or 9.75 shares of Sprint for each share of T-Mobile). Following the merger, T-Mobile’s parent company, Deutsche Telekom, and Sprint’s parent, SoftBank, are expected to hold ~41.7% and ~27.4%, respectively, of the combined company, with the remainder scheduled to be held by the public.
As of May 14, 23 analysts from various brokerage firms have been actively tracking Sprint (S) stock. Sixteen of them (70%) have rated the stock a “hold,” six have rated it a “sell,” and one has rated it a “buy.”
Investors have demonstrated their displeasure with AT&T (T) over the last several years. But while the communication and internet giant's Time Warner (TWX) merger remains in question, AT&T stock does currently offer investors solid value.
A telecommunications tower climber who suffered severe injuries when a ladder rung dislodged and sent him hurtling 50 feet to the ground has reached a settlement with AT&T and others for $30 million. The June 2013 fall in Allentown, Pennsylvania, left then-23-year-old Thomas Jeglum in a coma for months with multiple fractures to his pelvis, spine, arm and legs. AT&T says it's focused on worker safety and is glad the case against one of its vendors has been resolved.
A 6-story video wall will overlook the new AT&T campus in downtown Dallas, one of the new features the company revealed for the $100 million revamp that’s now under construction.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action.