Sprint Stock Analysis
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In December 2014, Sprint had 3.956 billion shares outstanding. Shares remained largely flat over the past year, and fully diluted shares grew from 3.984 billion shares to 3.987 billion shares in December 2015.
Sprint Stock Buy Or Sell
By contrast, the for the company declined from $16.533 billion to $14.432 billion over that same time period. Since market capitalization is calculated by multiplying the share price by the number of shares outstanding and the number of shares outstanding remained flat, the price of Sprint’s stock must have declined significantly. Indeed, Sprint's stock price has been falling ever since the end of 2013. In mid-April 2015, the stock was trading over $5.
In mid-April 2016, the stock was trading around $3.60. Is this a temporary drop in price or is there a larger issue? A closer look at capital ratios may be able to help answer this question. In December 2015, Sprint had $3.324 billion in short-term debt, $1.747 billion in term loans and $30.913 billion in bonds. Total debt for the company in December 2015 was $33.753 billion. This is up from $32.462 billion in December 2014.
Stock - S news, historical stock charts, analyst ratings, financials, and today's Sprint Corp. Analyze Sprint Corporation (S) using the investment criteria of some of the greatest guru investors of our time.