What the Sell-side Suggesting for Sprint Corporation (NYSE:S), Cerner Corporation (NASDAQ:CERN)

For the current quarter, analysts are expecting Sprint Corporation (NYSE:S) to report EPS of $-0.03. This consensus estimate is provided by Zacks Research. After the period that ended on 2016-12-31, Sprint Corporation (NYSE:S) reported an EPS actual of $-0.12. The difference between the actual and estimate resulted in a surprise factor of -50%. The company is expected to release their next earnings report on or around 2017-05-02. Interested parties will be watching to see how company results compare to what the Street was projecting for the fiscal period.

Shares of Sprint Corporation (NYSE:S) have a current ABR or average broker rating of 3.21. This consensus recommendation is also provided by Zacks Research. The recommendation falls on a scale between 1 and 5. A broker rating of 1 would translate into a Strong Buy. A rating of 5 would indicate a Strong Sell recommendation. This consensus broker rating may help shed some light on how the sell-side is currently viewing company stock.

Covering analysts often provide target price projections for company shares. The current Zacks consensus target price on shares of Sprint Corporation (NYSE:S) is $6.886. The top analyst target is $12, and the lowest target is $2.6 on the stock. Because of the different techniques used to gauge a company target price, estimates may be quite different from one analyst to another.

In the most recent session, Cerner Corporation (NASDAQ:CERN) shares have traded -0.54%. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $3.71 away from the 50-day moving average of $55.14 and $4.25 away from the 200-day moving average of $54.60. From a different angle, the stock has been recently recorded -12.81% off of the 52-week high of 67.50 and +25.19% removed from the 52-week low of 47.01. 

Currently, Cerner Corporation has a price to earnings ratio of 31.81. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of 1.66.

Price Target Update

Analysts polled by Thomson Reuters have set a consensus target price of $57.86 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.

Leave a Comment