Active Volume Stock: Frontier Communications Corporation (FTR)

Marco Green
May 13, 2017

The total market capitalization remained at $1.77 billion. It operates through two divisions: RF Connector and Cable Assembly, which consists of Connector and Cable Assembly Division, and the Custom Cabling Manufacturing and Assembly, which consists of subsidiaries, including Cables Unlimited, Inc. It now has negative earnings. The Connector and Cable Assembly Division designs, makes and distributes coaxial connectors and cable assemblies.

Frontier Communications Corporation (FTR) has been given an average price target of $2.27 from analysts, according to data collected by Finviz. The difference between the expected and actual EPS was $-0.03/share, which represents an Earnings surprise of -60%. Dated May 10, 2017 the trade filing is freely available for public review here. Johnson Invest Counsel Inc has invested 0% in Frontier Communications Corp (NASDAQ:FTR). The Company offers a portfolio of communications services for residential and business customers. It now has negative earnings. Its products and services include data and Internet services, video services, voice services, access services and customer premise equipment (CPE).

Investors sentiment decreased to 0.97 in 2016 Q4. Its down 0.27, from 1.3 in 2016Q3. Frontier Communications Corp had a positive return on equity of 2.05% and a negative net margin of 5.01%. 66 funds opened positions while 164 raised stakes. Different analysts and financial institutions use various valuation methods and consider different economic forces when deciding on a price target. Profund Advsr Limited Liability reported 49,229 shares stake. Smith Asset Lp owns 0.01% invested in Radius Health Inc (NASDAQ:RDUS) for 6,950 shares.

Frontier Communications Corporation (FTR) will report its next earnings on May 02 BMO.

05/03/2017 - Frontier Communications Corporation was downgraded to "neutral" by analysts at UBS.

Teacher Retirement System Of Texas increased Xl Group Ltd stake by 615,316 shares to 789,841 valued at $29.43M in 2016Q4.

Additionally on Mar-22-17 Frontier Communications Corp (NASDAQ:FTR) was "Downgraded" by Goldman from Neutral to Sell and on Mar-07-17 the stock was "Downgraded" by BofA/Merrill from Buy to Neutral. Guardian Life Insur Of America, a New York-based fund reported 4,494 shares. Invesco Limited holds 0.05% or 43.55 million shares.

Frontier Communications Corp (NASDAQ:FTR) traded at a yearly high level of $5.53 during the last trading session. Pnc Gp Incorporated accumulated 435,822 shares. The average volume stands around 46.94 million shares. Frontier Communications Corp's dividend payout ratio is now -77.78%. It has underperformed by 55.91% the S&P500.

Frontier Communications Corp (NASDAQ:FTR) last posted its quarterly earnings results on Monday, February 27th. The utilities provider reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by $0.03. For the current year the company's revenue estimates are $9.17B compared to low analyst estimates of $8.95B and high estimates of $9.45B according to 15 number of analysts.

Some buy side analysts are also providing their Analysis on Frontier Communications Corporation, where 1 analysts have rated the stock as Strong buy, 2 analysts have given a Buy signal, 11 said it's a HOLD, 1 reported it as Underperform and 0 analysts rated the stock as Sell. The company rocked its 52-Week High of $5.53 and touched its 52-Week Low of $1.4.

Frontier Communications Corporation (FTR) stock price fell -70.97 percent over the past one year, while decreased -52.34 percent during the past 6 months.

Yelp (NYSE: YELP) received a Hold rating and a $27 price target from RBC Capital analyst Mark Mahaney yesterday. The firm has "Overweight" rating given on Tuesday, August 4 by JP Morgan. The firm earned "Buy" rating on Friday, March 24 by H.C. Wainwright.

On 6/11/2013 Edward Fraioli, Director, bought 2,600 with an average share price of $4.10 per share and the total transaction amounting to $10,660.00. The stock has "Outperform" rating by Bernstein on Tuesday, September 15. The stock declined 5.56% or $0.08 reaching $1.45 per share. About shares traded. Frontier Communications Corp (NASDAQ:FTR) has declined 65.46% since October 3, 2016 and is downtrending.

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