A Price Target Update for Sprint

On December 27, Sprint had a trailing-12-month EV-to-EBITDA (enterprise value-to-EBITDA) multiple of ~4.60x compared to the multiples of its closest peers. T-Mobile, AT&T, and Verizon had trailing-12-month EV-to-EBITDA multiples of ~7.23x, ~7.15x, and ~7.27x, respectively.

Sprint expects its EV-to-EBITDA in fiscal 2018 (which ends on March 2019) to be ~4.36x, while in fiscal 2019, it expects this multiple to be ~4.21x.

View more information: https://marketrealist.com/2019/01/a-price-target-update-for-sprint/

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