Services Sector Roundup: Sprint Nextel (NYSE:S), Clearwire (NASDAQ:CLWR) – S, CLWR, T, NFLX, BKS, JOSB

Investors responded negatively to services stocks on Monday. Key movement was monitored in Netflix, Inc (NASDAQ:NFLX) on most active side while Barnes & Noble, Inc (NYSE:BKS) and Jos. A. Bank Clothiers Inc (NASDAQ:JOSB) were prominent stock on percentage losers side.

Sprint Nextel Corporation’s (NYSE:S) offer for Clearwire Corporation (NASDAQ:CLWR), slated for an investor vote on May 21, got the endorsement of Egan-Jones Ratings Co.

The Haverford, Pennsylvania-based shareholder-advisory company announced in a report on Monday that Egan-Jones views the planned deal to be a desirable approach based on their review of publicly available information on strategic, corporate governance and financial aspects of the planned deal.

Sprint Nextel Corporation’s YTD performance was recorded as 26.63% while its market capitalization was $21.62 billion. The company has P/B ratio of 3.34. Institutional ownership owns 88.63% shares of the company while beta factor, which is used to measure riskiness of the security, was 0.95. Net profit margin of the company was -11.60% while its gross profit margin was 41.56%.

Clearwire Corporation has market capitalization of $2.21 billion. Its current ratio was 1.63 while its shares were lagging behind SMA50 with -3.15. The company offered earnings per share of -0.97 while its 1.47 billion shares were outstanding. YTD performance of the stock was 9.34%.

AT&T Inc. (NYSE:T) has the market capitalization of $200.65 billion. The company’s EPS was 1.28 while its 5.38 billion shares were outstanding. Its institutional ownership was 56.86%. Its YTD performance was 12.50%.

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