Sprint Corporation (S) shares tumble 3.24% on Wednesday: A Good Option for Optimistic Investors

Sprint Corporation (S) is owned by a number of high-value investors. Its largest direct holder is Marcelo Claure Executive Chairman of the Board with 16,890,936 shares. The second-largest direct holder is Michel Combes Chief Executive Officer, Director and President, with 5,048,027 shares of the company’s stock. In third place with 2,662,520 shares of S is Nestor Cano Chief Operating Officer.

Now turning to institutional ownership of Sprint Corporation (S), Dodge & Cox is the top holder with 101.0 million shares. The next largest fund holder of this company’s stock is Renaissance Technologies LLC with 69.0 million shares. In the third-place spot with 34.0 million shares is The Vanguard Group, Inc..

This company’s stock price was $6.06 at the previous market close, with its latest volume reaching 16645325. Compare that to its average daily volume of 12.78M. Given the fact that this stock has 4.15B shares outstanding, its current market value is sitting at $25.13B. This publicly-traded stock’s 60-month Beta is 0.30. Its Price to Sales ratio is 0.76, its Price to Cash Flow ratio is 5.16, and its Price to Book ratio is 0.95.

S stock has achieved a 5-day range of $5.77 to $6.31, with a total performance of -1.46% during that period. Meanwhile, in the past month of trading, this stock has traded in the range of $5.77 to $6.55, generating a -5.61% change during the period. In the past three months, this stock’s price has changed by -10.88%, trading in the range of $5.77 to $7.00.

In the past 5 days, shares of S have made a new high 1 time. In the last month, it has made a new high 6 times, and in the past 3 months, it has made a new high 5 times.

Now let’s turn to this public company’s earnings. For the quarter ending 9/29/2019, the earnings per share (EPS) was reported at -0.07. This is a -0.05 difference compared to the consensus estimate of -0.02, amounting to an earnings surprise of -250.00%. In the previous quarter, which ended in 9/29/2019, the consensus estimate was -0.04, making for an earnings surprise of 25.00%. For the quarter ending 3/30/2019, EPS was reported at -0.04, generating a -300.00% earnings surprise.

The Net Income for the most recent full fiscal year, which ended in 03-2019, was $-1.0 billion. This is compared to the prior year, where Net Income was $7.0 billion. Meanwhile, this company’s Operating Cash Flow was $10.0 billion for the year, compared to $10.0 billion in 2017. Capital Expenditures for the year were reportedly -$12.0 billion, compared to -$10.0 billion, and Free Cash flow was $-1.0 billion compared to the prior year’s $-718.0 million.

Sprint Corporation (S) stock currently has a Financial Strength score of 3/10. This is due to a combination of factors, including a Cash to Debt ratio of 0.1, an Equity to Asset ratio of 0.29, a Debt to Equity ratio of 1.74 and a Debt to EBITDA of 5.1. The Interest Coverage of this stock is 0.6, its Piotroski F-Score is 3 and its Beneish M-Score is -3.09.

This publicly-traded company’s Profitability and Growth score is 3/10, thanks to a combination of things: an Operating Margin of 4.54, a Net Margin of -8.19, a ROE of -10.02, and a ROC of -1.67.

Shifting focus now to Valuation and Return for S, this company’s Price to Median PS Value is 1.36. Price to Peter Lynch Fair Value for S is now 0.00. Meanwhile, its Forward Rate of Return (Yactman) is -2.93.

Certain ratios provide helpful insights into how a stock is performing. The Quick Ratio for S is sitting at 0.71, while its Current Ratio is 0.78. This stock’s PB Ratio is 0.93, its PS Ratio is 0.75. Similarly, its Price to Operating Cash Flow is 2.47.