Sprint (S) Implied Value is $6.38-$7.52 - JANCO
Tweet
Share
E-mailGet Alerts S Hot Sheet
Price: $20.94 -1.78%
Rating Summary:
23 Buy, 14 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Rating Summary:
23 Buy, 14 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Join SI Premium – FREE
Analysts at JANCO Partners calculated that the Softbank deal is valuing Sprint (NYSE: S) at $6.39 per share, offering a return of 12 percent on an arbitrage over the next six to nine months.
They get to this value using the following calculations:
As such, the firm is upgraded their opinion from Sell to Arbitrage Buy.
On a fundamental value, the firm said Sprint may be worth between $6.43 and $7.52 per share. In a low case, using $1,100 per postpaid customer, $300 for prepaid and $15 for wholesale, Sprint is worth $6.43. In a high case, using $1,200 per postpaid customer, $300 for prepaid and $15 for wholesale, Sprint is worth $7.52.
They get to this value using the following calculations:
As such, the firm is upgraded their opinion from Sell to Arbitrage Buy.
On a fundamental value, the firm said Sprint may be worth between $6.43 and $7.52 per share. In a low case, using $1,100 per postpaid customer, $300 for prepaid and $15 for wholesale, Sprint is worth $6.43. In a high case, using $1,200 per postpaid customer, $300 for prepaid and $15 for wholesale, Sprint is worth $7.52.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Nomura/Instinet Upgrades Sunway Healthcare Holdings (SUNMED:MK) to Buy
- UBS Downgrades Vicinity Centers (VCX:AU) (CNRAF) to Neutral
- KeyBanc Upgrades Innovage Holding Corp (INNV) to Overweight
Create E-mail Alert Related Categories
Analyst Comments, UpgradesRelated Entities
JANCO PartnersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
