News coverage about Sprint Corporation (NYSE:S) has been trending somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Sprint Corporation earned a news impact score of 0.04 on Accern’s scale. Accern also assigned news articles about the cell phone carrier an impact score of 44.9821703331548 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the media stories that may have impacted Accern Sentiment’s rankings:

Sprint Corporation (NYSE:S) opened at 7.05 on Thursday. Sprint Corporation has a 12 month low of $5.83 and a 12 month high of $9.65. The firm’s market cap is $28.18 billion. The firm’s 50 day moving average is $7.72 and its 200-day moving average is $8.17.

Sprint Corporation (NYSE:S) last posted its earnings results on Tuesday, August 1st. The cell phone carrier reported $0.05 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.06. The firm had revenue of $8.16 billion during the quarter, compared to the consensus estimate of $8.14 billion. Sprint Corporation had a negative net margin of 2.08% and a negative return on equity of 3.66%. The company’s revenue was up 1.8% on a year-over-year basis. During the same quarter last year, the company earned ($0.08) earnings per share. On average, equities analysts forecast that Sprint Corporation will post ($0.83) EPS for the current year.

Several equities research analysts have commented on S shares. Zacks Investment Research raised shares of Sprint Corporation from a “hold” rating to a “buy” rating and set a $8.50 price target on the stock in a research report on Tuesday, October 3rd. Cowen and Company reissued a “hold” rating and set a $6.50 price target on shares of Sprint Corporation in a research report on Wednesday, July 19th. Royal Bank Of Canada reissued a “hold” rating and set a $8.00 price target on shares of Sprint Corporation in a research report on Sunday, July 9th. Oppenheimer Holdings, Inc. reissued a “hold” rating on shares of Sprint Corporation in a research report on Wednesday, September 20th. Finally, Deutsche Bank AG cut their price target on shares of Sprint Corporation from $8.00 to $7.00 and set a “hold” rating on the stock in a research report on Tuesday, October 10th. Seven research analysts have rated the stock with a sell rating, sixteen have given a hold rating and two have issued a buy rating to the company’s stock. Sprint Corporation has an average rating of “Hold” and a consensus target price of $10.18.

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Sprint Corporation Company Profile

Sprint Corporation (Sprint) is a holding company. The Company, along with its subsidiaries, is a communications company offering a range of wireless and wireline communications products and services that are designed to meet the needs of consumers, businesses, government subscribers and resellers. It operates through two segments: Wireless and Wireline.

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