S - Sprint Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
8.62
0.00 (0.00%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close8.44
Open8.45
Bid0.00 x 1100
Ask0.00 x 1200
Day's Range8.34 - 8.66
52 Week Range4.26 - 10.16
Volume27,087,838
Avg. Volume26,944,418
Market Cap35.441B
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateJul 31, 2020 - Aug 04, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est7.45
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
-84% Est. Return
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • John Paulson Adds 2 Stocks to Portfolio, Boosts Tiffany
    GuruFocus.com

    John Paulson Adds 2 Stocks to Portfolio, Boosts Tiffany

    Merger arbitrage specialist releases first-quarter portfolio Continue reading...

  • John Paulson Trims Allergan, Sprint, Discovery
    GuruFocus.com

    John Paulson Trims Allergan, Sprint, Discovery

    Firm's largest sales of the 1st quarter Continue reading...

  • David Tepper's Appaloosa Buys Twitter, Sells Caesars
    GuruFocus.com

    David Tepper's Appaloosa Buys Twitter, Sells Caesars

    Guru's firm releases 1st-quarter portfolio updates Continue reading...

  • Jim Simons' Top Buys of the 1st Quarter
    GuruFocus.com

    Jim Simons' Top Buys of the 1st Quarter

    Founder of Renaissance Technologies releases portfolio update Continue reading...

  • Dish announces layoffs caused by economic downturn
    American City Business Journals

    Dish announces layoffs caused by economic downturn

    Dish Network Corp. (Nasdaq: DISH) has confirmed to Denver Business Journal that it has laid off employees because of the economic crisis caused by the coronavirus. “Due to the current economic climate, combined with changing needs of our customers and how we best serve them, Dish has made the difficult decision to reevaluate our organization," the company said in a statement. The company has about 4,000 employees in the Denver area and 16,000 worldwide, according to DBJ research.

  • Moody's

    Sprint Spectrum Co LLC, Sprint Spectrum Co II LLC, Sprint Spectrum Co III LLC -- Moody's has upgraded the ratings of Sprint Spectrum Co.'s Senior Secured Notes

    New York, April 03, 2020 -- Moody's Investors Service, ("Moody's") has upgraded three classes of notes sponsored by Sprint Corporation (Sprint). The Series 2016-1 Class A-1 notes and Series 2018-1 Class A-1 and Class A-2 notes were issued under the same master trust and are backed by a single 30-year lease to Sprint Communications, Inc. (SCI) for a portfolio of wireless spectrum licenses and are further enhanced by guarantees from T-Mobile US, Inc. (T-Mobile US), T-Mobile USA, Inc. (T-Mobile, Ba2 stable), Sprint and certain operating subsidiaries.

  • Moody's

    Sprint Spectrum Co LLC -- Moody's has upgraded the ratings of Sprint Spectrum Co.'s Senior Secured Notes

    New York, April 03, 2020 -- Moody's Investors Service, ("Moody's") has upgraded three classes of notes sponsored by Sprint Corporation (Sprint). The Series 2016-1 Class A-1 notes and Series 2018-1 Class A-1 and Class A-2 notes were issued under the same master trust and are backed by a single 30-year lease to Sprint Communications, Inc. (SCI) for a portfolio of wireless spectrum licenses and are further enhanced by guarantees from T-Mobile US, Inc. (T-Mobile US), T-Mobile USA, Inc. (T-Mobile, Ba2 stable), Sprint and certain operating subsidiaries.

  • T-Mobile Closes Sprint Merger: What's Next for Customers?
    Zacks

    T-Mobile Closes Sprint Merger: What's Next for Customers?

    Within six years, the new T-Mobile (TMUS) is likely to provide 5G service to 99% of U.S. citizens with average speed of above 100 Mbps to 90% of the population.

  • New T-Mobile CEO Sievert: It’s full-steam ahead after merger
    American City Business Journals

    New T-Mobile CEO Sievert: It’s full-steam ahead after merger

    Mike Sievert says New T-Mobile will start "lighting up 5G" immediately now that the $37 billion merger has wrapped

  • Reuters

    U.S. high-grade corporate bond issuance sets weekly record

    Highly rated U.S. corporate bond issuers raised a record $110.502 billion this week, according to Refinitiv IFR data, as fears that the coronavirus pandemic may limit access to capital markets stoked borrowing. A $19 billion bond from T-Mobile to finance its acquisition of rival telecom Sprint on Thursday helped push this week's issuance past the record $109.1 billion set last week. The market for new investment-grade debt has boomed since the Federal Reserve and Treasury Department last week announced monetary and fiscal stimulus to help contain the economic fallout from the pandemic.

  • T-Mobile completes acquisition of Sprint, creating nation's third-largest wireless carrier
    American City Business Journals

    T-Mobile completes acquisition of Sprint, creating nation's third-largest wireless carrier

    T-Mobile said CEO John Legere is stepping down earlier than expected. He's been replaced by new CEO Mike Sievert.

  • COVID-19 pushes welcome of Sprint employees to #TeamMagenta online
    American City Business Journals

    COVID-19 pushes welcome of Sprint employees to #TeamMagenta online

    How did Sprint employees mark the completion of the company's merger with T-Mobile? CFH — or celebrate from home.

  • Moody's

    Sprint Corporation -- Moody's assigns Baa3 to T-Mobile's senior secured credit facilities, downgrades unsecured to Ba3

    Moody's Investors Service (Moody's) has assigned Baa3 ratings to T-Mobile USA, Inc.'s (T-Mobile) new senior secured credit facilities (Secured Credit Facilities), comprised of a $4 billion five-year senior secured revolving credit facility (undrawn) and $4 billion seven-year senior secured term loan, and proposed senior secured notes (Secured Notes) of various maturities in USD and/or Eurodollar denominations. Moody's has affirmed T-Mobile's Ba2 corporate family rating (CFR) and Ba2-PD probability of default rating (PDR) and downgraded its senior unsecured rating to Ba3 from Ba2, concluding a review for downgrade on these notes that was initiated on April 29, 2018.

  • AT&T: Accumulate on Dips
    GuruFocus.com

    AT&T: Accumulate on Dips

    The diversified telecom giant has been downgraded by analysts despite growth drivers Continue reading...

  • T-Mobile completes merger with Sprint
    Reuters

    T-Mobile completes merger with Sprint

    The deal comes after a long legal battle between multiple state attorneys general which argued that a merger between T-Mobile and Sprint would be anticompetitive. The combined company will now operate under the T-Mobile name and will trade on the NASDAQ as "TMUS." The deal also enables T-Mobile and Sprint to join their high-band and low-band spectrum that could allow a faster roll-out of national 5G.

  • Trump speaks with AT&T, Comcast chiefs as  he backs new infrastructure spending
    MarketWatch

    Trump speaks with AT&T, Comcast chiefs as he backs new infrastructure spending

    President Donald Trump spoke with the heads of AT&T, Comcast and other companies on Tuesday as more Americans were using the internet under the coronavirus pandemic, and a bipartisan consensus appeared to be emerging on boosting U.S. infrastructure.

  • Reuters

    Trump to hold call with U.S. internet, mobile phone providers

    President Donald Trump is holding a call with seven of the biggest U.S. internet and mobile phone providers on Tuesday to talk about how the networks are holding up as tens of millions of Americans work from home. The Federal Communications Commission has said U.S. networks are performing well and has granted temporary access to additional spectrum blocks to help providers manage traffic. AT&T Inc, Verizon Communications Inc, Charter Communications Inc, Comcast, Altice USA , T-Mobile and Sprint Corp are expected to take part in the call.

  • Bloomberg

    Private Equity Can't Just Hide Out in a Wooded Bungalow

    (Bloomberg Opinion) -- If exchange-traded funds are the fast food of investing, then private equity is the private kitchen. As the world spirals into a recession and the coronavirus pandemic batters your retirement accounts, wealthy investors who bought into assets from unicorns to paintings can hide in an elite bubble that isn’t subject to brutal mark-to-market fair value writedowns.But once in a while, a high-profile unicorn hunter can blow the lid off that opaque world, giving us a glimpse of just how much pain private equity is in. Sometimes, private kitchens churn out terrible dishes, too.Investors are fleeing as SoftBank Group Corp., which runs the $100 billion Vision Fund, scrambles to shore up its balance sheet, as well as those of its portfolio companies. SoftBank gives a good feel for the landscape, because it behaves more like a private equity firm than an angel investor: Its capital is really debt, and it likes to invest in rivals and force them to merge. SoftBank is seeking to raise billions to support its unicorns battered by the coronavirus outbreak, saving those that still show potential and cutting loose the ones that bleed too much cash. On the one hand, it’s in talks to lead a fresh $100 million funding round for Plenty Inc., perhaps because the indoor farming startup can benefit from panic buying of fresh produce. On the other, OneWeb, a satellite operator, has filed for bankruptcy.SoftBank’s desperate scramble must resonate with many private equity firms out there, whose portfolio companies will inevitably need their patrons’ help. By early March, industry titans Blackstone Group Inc. and Carlyle Group Inc. already urged businesses they’ve invested in to do whatever it takes to stave off a credit crunch. But with blue chips drawing at least $124 billion from their credit lines in the first three weeks of March, and dollar funding this tight, will lenders have the bandwidth to aid smaller companies? Banks certainly have much bigger deals to digest: They’ll need to come up with $23 billion of loans soon for T-Mobile USA Inc. to close its merger with Sprint Corp.Granted, for private equity firms, cash levels are at a record high. Last year, capital committed to this sector grew 20% to $1.3 trillion, estimates Pitchbook, a Morningstar company. But instead of buying new assets, firms may have to earmark a good chunk of that money for existing investments, either recapitalizing — like what Softbank has done for basket case WeWork — or leading unplanned funding rounds.Meanwhile, making capital calls to investors can’t be much fun right now. Even the best of them — pension funds and sovereign wealth funds — are dealing with their own crises and may not want to pick up your calls right away, especially if it means selling other assets at deep discounts just to come up with your money. Plus, we now all have the convenient excuse of working from home: Some of us are hiding in the woods (or the Hamptons), away from the raging virus, and may not have good cellphone reception.Just look at SoftBank. As of December, only about 75% of the Vision Fund’s committed capital is with the fund, and the company still needs to call $17.5 billion from third-party investors, its latest filing shows. Since then, Saudi Arabia, a major investor, has started an oil price war, further diminishing its fiscal power. So forget about Vision Fund 2; founder Masayoshi Son needs to fill up 1.0 first. In the last decade, private equity firms piled vast amount of debt onto their portfolio companies to boost returns. More than 75% of deals in the sector included debt multiples greater than six times Ebitda in 2019, compared with 25% after the collapse of Lehman Brothers Holdings Inc., according to Pitchbook. When liquidity recedes, these investments are in trouble.To make matters worse, portfolio companies’ ability to service debt is even worse than it looks on paper, because Wall Street lawyers and bankers often juice earnings to make purchase prices look more reasonable, and so underwriters can originate more loans and earn more fees. In 2016, businesses involved in a merger or leveraged buyout missed their own earnings projections by an average of 35% in the first year after the deal, Bloomberg Businessweek reported in December.So imagine the coronavirus world, where any prior earnings projections feel as outdated as “Sex and the City” stars prancing around Central Park in Manolo Blahniks. Just as social distancing is becoming the norm, so too will corporate defaults. The global rate could climb to 16.1% if the pandemic brings economic conditions that mirror the Great Recession, Moody’s Investors Services warned last week.In private equity, fancy terms like total addressable market or adjusted Ebitda are often used to make a company look more profitable than it is. But the coronavirus is unraveling all that. Just like the rest of world, private markets are also suffering. Ray Dalio’s “cash is trash” motto is so yesterday. This column does not necessarily reflect the opinion of Bloomberg LP and its owners.Shuli Ren is a Bloomberg Opinion columnist covering Asian markets. She previously wrote on markets for Barron's, following a career as an investment banker, and is a CFA charterholder.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Sprint (S) Gains But Lags Market: What You Should Know
    Zacks

    Sprint (S) Gains But Lags Market: What You Should Know

    In the latest trading session, Sprint (S) closed at $8.44, marking a +1.81% move from the previous day.

  • Barrons.com

    SoftBank Group Has Multiple Problems. It Also Has an Undervalued Stock.

    Moody’s isn’t impressed, but maybe it should be: SoftBank has holdings worth almost triple its current stock price.

  • HP CEO on how the company is responding to COVID-19
    Yahoo Finance Video

    HP CEO on how the company is responding to COVID-19

    HP CEO Enrique Lores joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to discuss how HP is faring amid the coronavirus outbreak and what it is doing to support the U.S. front liners.

  • Barrons.com

    SoftBank Says Ratings Firm Is ‘Biased and Mistaken’

    Moody’s chopped its rating on SoftBank Group debt by two notches. The Japanese telecom giant said there was no rationale for the downgrade.

  • Bloomberg

    SoftBank Blasts Moody’s for ‘Biased’ Ratings Downgrade

    (Bloomberg) -- SoftBank Group Corp. lashed out at Moody’s Corp. after its debt was downgraded by two notches, accusing the ratings company of “bias” and “creating substantial misunderstanding” days after the investment group announced a $41 billion asset sale program intended to shore up confidence.SoftBank’s shares slid as much as 8.4% early in Tokyo trade. The Moody’s downgrade -- lowering SoftBank’s corporate family rating and senior unsecured rating to Ba3 from Ba1 -- pushed the company deeper into junk territory. It comes at a critical time for founder Masayoshi Son, who this week set in motion his biggest play yet to silence critics and shore up his company’s crumbling shares and bonds.“Such a downgrade, which deviates substantially from Moody’s stated rating criteria, will cause substantial misunderstanding among investors who rely on ratings in making investment decisions,” SoftBank said in a statement, which also asked Moody’s to withdraw the rating.While SoftBank had 1.7 trillion yen ($15 billion) of cash and equivalents on hand at the end of December, it also has a huge debt load: The firm faces 1.68 trillion yen of bonds and loans coming due over the next two fiscal years and a total of about 3.6 trillion over the following four-year period.Read more: Masa Son Unveils a $41 Billion Asset Sale to Silence His CriticsThe company, which also operates the $100 billion Vision Fund, is vulnerable to economic shocks given that debt, and its ties to unprofitable startups from WeWork to Oyo Hotels. Many of the Vision Fund’s biggest bets lie in what’s known as the sharing economy, which has been particularly hard-hit by the pandemic that’s causing millions of people to stay indoors. Travel spending has slumped as a result.SoftBank is said to be targeting the sale of $14 billion of stock in the Chinese e-commerce leader Alibaba Group Holding Ltd., as well as slices of its domestic telecom arm and Sprint Corp., which is merging with T-Mobile US Inc. But SoftBank risked unloading some of its most prized assets at a discount given the downturn, Moody’s said in its statement.“Asset sales will be challenging in the current financial market downturn, with valuations falling and a flight to quality,” said Motoki Yanase, a Moody’s senior credit officer in Tokyo.Read more: SoftBank Is Said to Plan $14 Billion Sale of Alibaba Shares“SoftBank’s decision to withdraw its corporate and foreign currency bond ratings by Moody’s probably wouldn’t save the company from higher new borrowing and refinancing costs.”Anthea Lai, analyst, Bloomberg IntelligenceThe scale of the endeavor unveiled by SoftBank on Monday surprised investors. Despite several days of gains, however, the stock remains down about 30% from its 2020 peak, underscoring persistent concerns that tumbling technology valuations will damage Son’s company. S&P Global Ratings said this week the asset sales could ease downward pressure on SoftBank’s credit quality.The rout triggered by the coronavirus has spread to credit markets and sparked a surge in the cost of insuring debt against default -- including that of SoftBank, whose credit-default swaps are near their highest level in about a decade. Apollo Global Management, the alternative asset management house co-founded by Leon Black, has placed a short bet against bonds issued by SoftBank because of its tech exposure, according to the Financial Times.(Updates with share action from the second paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • FCC Commissioner on how telecommunications are staying strong amid coronavirus
    Yahoo Finance Video

    FCC Commissioner on how telecommunications are staying strong amid coronavirus

    Yahoo Finance’s Editor in Chief Andy Serwer sat down with FCC Commissioner, Brendan Carr to discuss 5G and the strength of the telecommunications industry in the United States during the coronavirus pandemic.

  •  FCC Commissioner talks about the Secure 5G and Beyond Act
    Yahoo Finance Video

    FCC Commissioner talks about the Secure 5G and Beyond Act

    Commissioner of the Federal Communications Commission Brendan Carr talks with Yahoo Finance's eidtor-in-chief Andy Serwer on a range of topics from coronavirus and the FCC's role to the recently passed Secure 5G and Beyond Act.