Price Action:
Sprint Nextel 10-Year Price Action
Source: DailyFinance
Sprint Nextel is up a 140% and why do I say to short the stock. Just take a look above at how the stock has been doing over the last 10 years.
Income Statement:
Here are the last five years income statement stats to note. The stock price going up this year must be due to the revenue rising persistently every quarter. However, the revenues are nowhere near the $40.1B revenue generated in 2007.
The
negative net income and EPS numbers must be noted here for Sprint bears.
|
Income
Statement
|
||||||
|
Quarter
|
Sales
|
Growth
|
Net Income
|
Growth
|
EPS
|
Growth
|
|
2012 Q4
|
$9005
|
2.76%
|
-$1321
|
-72.23%
|
-$0.44
|
-69.23%
|
|
2012 Q3
|
$8763
|
-0.90%
|
-$767
|
44.18%
|
-$0.26
|
43.48%
|
|
2012 Q2
|
$8843
|
1.25%
|
-$1374
|
58.86%
|
-$0.46
|
-58.62%
|
|
2012 Q1
|
$8734
|
0.14%
|
-$863
|
33.77%
|
-$0.29
|
32.56%
|
|
Year
|
Sales
|
Growth
|
Net Income
|
Growth
|
EPS
|
Growth
|
|
2012
|
$35340
|
4.93%
|
-$4325
|
-49.65%
|
-$1.44
|
-50.00%
|
|
2011
|
$33680
|
3.44%
|
-$2890
|
16.60%
|
-$0.96
|
17.24%
|
|
2010
|
$32560
|
0.93%
|
-$3465
|
-42.24%
|
-$1.16
|
38.10%
|
|
2009
|
$32260
|
-9.48%
|
-$2436
|
12.88%
|
-$0.84
|
14.29%
|
|
2008
|
$35640
|
-11.12%
|
-$2796
|
90.62%
|
-$0.98
|
-51.24%
|
Note: All
values in the tables are in Millions of USD (except for per share items)
Balance Sheet:
Sprint's balance sheet doesn't look to good either in the table below.
The cash column is the only encouraging sign with it growing over the period shown as opposed to the others like equity that has declined on average 15.3%.
Relative to industry stalwarts such as AT&T (T) and Verizon Communications Inc. (VZ), Sprint lags behind.
|
Balance
Sheet
|
|||||||||||
|
Year
|
Current Assets
|
Total Assets
|
Intangibles
|
Current Liabilities
|
Total Liabilities
|
Cash
|
Growth
|
Equity
|
Growth
|
Shares
|
Growth
|
|
2012 Q4
|
$13760
|
$51570
|
$22370
|
$8874
|
$44480
|
$8200
|
29.56%
|
$7087
|
-16.61%
|
3000
|
-0.10%
|
|
2012 Q3
|
$11610
|
$48970
|
$22390
|
$7947
|
$40470
|
$6329
|
-6.40%
|
$8499
|
-7.89%
|
3003
|
0.13%
|
|
2012 Q2
|
$11600
|
$49020
|
$22420
|
$7363
|
$39800
|
$6762
|
-10.70%
|
$9227
|
-12.87%
|
2999
|
0.07%
|
|
2012 Q1
|
$12220
|
$50620
|
$22400
|
$6439
|
$40030
|
$7572
|
35.29%
|
$10590
|
-7.35%
|
2997
|
0.03%
|
|
2011
|
$10340
|
$49380
|
$22430
|
$6499
|
$37960
|
$5597
|
2.27%
|
$11430
|
-21.44%
|
2996
|
0.27%
|
|
2010
|
$9880
|
$51650
|
$22700
|
$7891
|
$37110
|
$5473
|
39.48%
|
$14550
|
-19.61%
|
2988
|
0.50%
|
|
2009
|
$8593
|
$55420
|
$23460
|
$6785
|
$37330
|
$3924
|
5.51%
|
$18100
|
-9.14%
|
2973
|
4.06%
|
Note: All values in the
table are in Millions
Bottomline:
Value investors are so not going to love this telecommunications stock.
