Frontier Commun Cp (NASDAQ:FTR) shares traded -1.48% down during most recent session to reach at the closing price of $1.33. The stock exchanged hands 30.05 Million shares versus average trading capacity of 51.22 Million shares, yielding a market cap of $1.57 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $2.13 within the next 52-weeks. The mean target projections are based on 11 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Frontier Commun Cp (NASDAQ:FTR) high price target $4.5 and with a conservative view have low price target $1.25.
UBS “Downgrades” Frontier Commun Cp (NASDAQ:FTR) in a research note issued to investors on 5/03/17 to Neutral.
Additionally on 5/03/17 Citigroup “Upgrades” Frontier Commun Cp (NASDAQ:FTR) to Neutral setting price target at $0 and on 5/03/17 Cowen & Co. “Downgrades” the stock to Market Perform at $0. Furthermore on 3/22/17 Goldman Sachs “Downgrades” the stock to Sell at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 31.94 along with Average True Range (ATR 14) of 0.11, Consequently Frontier Commun Cp (NASDAQ:FTR)’s weekly and monthly volatility is 7.76%, 6.93% respectively. The company’s beta value is at 0.77.
In terms of Buy, Sell or Hold recommendations, Frontier Commun Cp (NASDAQ:FTR) has analysts’ mean recommendation of 2.8. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Frontier Commun Cp (NASDAQ:FTR)’s minimum EPS for the current quarter is at $-0.09 and can go high up to $-0.03. The consensus mean EPS for the current quarter is at $-0.06 derived from a total of 9 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.02 earnings per share for the same quarter during last year.
Previously Frontier Commun Cp (NASDAQ:FTR) reported $-0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $-0.05 by $-0.03. The company posted an earnings surprise of -60%.
While considering growth estimates of the company, it has next quarter growth estimates of -50% whereas during current quarter it has -200% estimations over growth, comparing to the estimations of -177.8% during current year and 56% for next year. Past 5 years growth of Frontier Commun Cp (NASDAQ:FTR) observed at -25.7%, looking forward for the next 5 years it has a strong prediction of 7.3% over growth.
Frontier Commun Cp (NASDAQ:FTR)’s revenue estimates for the current quarter are $2.32 Billion according to 10 number of analysts, for the current quarter the company has high revenue estimates of $2.43 Billion in contradiction of low revenue estimates of $2.3 Billion. For the current year the company’s revenue estimates are $9.15 Billion compared to low analyst estimates of $8.69 Billion and high estimates of $9.45 Billion according to 15 number of analysts.
Currently Frontier Commun Cp (NASDAQ:FTR)’s shares owned by insiders are 0.6%, whereas shares owned by institutional owners are 69.2%. However the six-month change in the insider ownership was recorded 0.36%, as well as three-month change in the institutional ownership was recorded -2.21%.
Frontier Commun Cp (NASDAQ:FTR) 52-week high price stands at $4.75 and low price stands at $1.19, its price distance from 52-week high is -72.02% while its distance from 52-week low price is 11.76%. The stock hit its 52-week high on 06/06/16, and 52-week low on 05/11/17.
Frontier Commun Cp (NASDAQ:FTR)’s trailing twelve month revenues are $9.9 Billion, whereas its price to sales ratio for the same period is 0.16. Its book value per share for the most recent quarter is $3.72 while its price to book ratio for the same period is 0.36, as for as the company’s cash per share for the most recent quarter is $0.29, however its price to cash per share ratio for the same period is 4.56. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.
