Frontier Communications Corporation (FTR) - Investors Must See

Marco Green
January 22, 2018

Shares of Frontier Communications Corporation (NASDAQ:FTR) traded down 0.76% during trading on Friday, reaching $15.63. Investors might also notice that three month ago the Buy recommendations (1) were less than Sell recommendations (2).

The best measure of a company is its profitability, for without it, it can not grow, and if it doesn't grow, then its stock will trend downward. Foraying into North Carolina with the rollout of "Vantage TV" IPTV and broadband services also bode well. Looking at volatility levels, the stock observed volatility of 3.82% in last week and saw volatility 3.42% over the past one month. Persistent decline in access lines, loss of legacy fixed telephony business to wireless, decline in wireless backhaul revenues and declining subscriber statistics, continue to bother the company's growth prospects.

Several research firms have recently weighed in on FTR. It has been assigned a low target price of $4 and a high target price of $30. Cowen restated a "hold" rating and issued a $14.00 price target on shares of Frontier Communications in a report on Thursday, October 19th. Zacks Investment Research cut Frontier Communications Corporation from a "buy" rating to a "hold" rating in a research report on Monday, July 17th.

Windstream Holdings, Inc. (NASDAQ:WIN), stock is trading $8.35 above the 52-week high and has displayed a high EPS growth of -32.70% in last 5 years. 3,842,200 shares of the stock were exchanged, compared to its average volume of 2,582,650. Frontier Communications Corporation has been given an analysts' mean target of 13.34. The company has a debt-to-equity ratio of 5.16, a current ratio of 0.70 and a quick ratio of 0.70. The company has market cap of $571.17 million. The stock of Frontier Communications Corporation (NASDAQ:FTR) has "Underperform" rating given on Friday, November 10 by Bank of America. The utilities provider reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by $0.03. Frontier Communications had a negative return on equity of 1.97% and a negative net margin of 9.17%. The company had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.25 billion. The 1 year EPS growth rate is 48.80%. After $0.65 actual EPS reported by Weight Watchers International, Inc. for the previous quarter, Wall Street now forecasts -55.38% negative EPS growth.

Investors of record on Friday, September 15th will be paid a dividend of $0.60 per share. Stock Fell 30% in November" with publication date: "December 06, 2017. This represents a $2.40 annualized dividend and a yield of 31.09%.

Start focusing on ordinary profitability ratio which covers margins; FTR has gross profit margin ratio of 61.60% for trailing twelve months and operating margin is calculated as 3.80%, these are a better detectors to find consistency or positive/negative trends in a firm's earnings.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Coatue Management LLC acquired a new position in shares of Frontier Communications during the second quarter worth about $8,223,000. Quantbot Technologies LP bought a new position in shares of Frontier Communications in the third quarter valued at approximately $124,000. The target implies a 79.78% spike from where the shares are now trading. A 0 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NASDAQ:FTD) or, if they already own its stock, sell it. Institutional investors own 62.90% of the company's stock. BidaskClub upgraded shares of Frontier Communications from a "hold" rating to a "buy" rating in a research report on Tuesday, December 12th. If you are viewing this news story on another publication, it was stolen and republished in violation of United States and worldwide trademark and copyright legislation. Finally, State Street Corp boosted its position in shares of Frontier Communications by 14.9% during the second quarter. The Company offers a portfolio of communications services for residential and business customers. The firm also provides broadband, Ethernet, traditional circuit-based, data and optical transport, and voice services, as well as Multiprotocol Label Switching and Time Division Multiplexing services to small business, medium business, and larger enterprises, as well as sells customer premise equipment.

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