Frontier Commun Cp (NASDAQ:FTR) shares traded -2.31% down during most recent session to reach at the closing price of $8.03. The stock exchanged hands 3.53 Million shares versus average trading capacity of 3.55 Million shares, yielding a market cap of $634.61 Million. Wall Street analysts covering the stock are projecting that the stock will reach $8.91 within the next 52-weeks. The mean target projections are based on 14 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Frontier Commun Cp (NASDAQ:FTR) high price target of $20 and with a conservative view have low price target of $4.
Jefferies “Downgrades” Frontier Commun Cp (NASDAQ:FTR) in a research note issued to investors on 2/28/18 to Hold with price target of $0.
Additionally on 12/15/17 Barclays “Initiates Coverage On” Frontier Commun Cp (NASDAQ:FTR) to Underweight setting price target at $7 and on 11/10/17 Bank of America “Downgrades” the stock to Underperform at $0. Furthermore on 11/09/17 Gabelli & Co. “Downgrades” the stock to Hold at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 50.59 along with Average True Range (ATR 14) of 0.65, Consequently Frontier Commun Cp (NASDAQ:FTR)’s weekly and monthly volatility is 6.30%, 7.92% respectively. The company’s beta value is at 0.78.
In terms of Buy, Sell or Hold recommendations, Frontier Commun Cp (NASDAQ:FTR) has analysts’ mean recommendation of 3.2. 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 $-1.41 and can go high up to $-0.53. The consensus mean EPS for the current quarter is at $-0.96 derived from a total of 9 estimates from the analysts who have weighed in on projected earnings. However the company reported $-1.2 earnings per share for the same quarter during last year.
Previously Frontier Commun Cp (NASDAQ:FTR) reported $-0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $-1.04 by $0.45. The company posted an earnings surprise of 43.3%.
While considering growth estimates of the company, it has next quarter growth estimates of 12.7% whereas during current quarter it has 20% estimations over growth, comparing to the estimations of 32.7% during current year and 42% for next year. Past 5 years growth of Frontier Commun Cp (NASDAQ:FTR) observed at -30.46%, 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 $2.19 Billion according to 9 number of analysts, for the current quarter the company has high revenue estimates of $2.22 Billion in contradiction of low revenue estimates of $2.17 Billion. For the current year the company’s revenue estimates are $8.6 Billion compared to low analyst estimates of $8.51 Billion and high estimates of $8.7 Billion according to 13 number of analysts.
Currently Frontier Commun Cp (NASDAQ:FTR)’s shares owned by insiders are 2.2%, whereas shares owned by institutional owners are 71.9%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 12.39%.
Frontier Commun Cp (NASDAQ:FTR) 52-week high price stands at $40.35 and low price stands at $6.08, its price distance from 52-week high is -80.1% while its distance from 52-week low price is 32.07%. The stock hit its 52-week high on 03/16/17, and 52-week low on 11/24/17.
Frontier Commun Cp (NASDAQ:FTR)’s trailing twelve month revenues are $9.13 Billion, whereas its price to sales ratio for the same period is 0.07. Its book value per share for the most recent quarter is $29.41 while its price to book ratio for the same period is 0.27, as for as the company’s cash per share for the most recent quarter is $4.58, however its price to cash per share ratio for the same period is 1.75. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.