Published: Thu, March 16, 2017
Money | By Oscar Reynolds

Frontier Communications Corporation (NASDAQ:FTR)


Several analysts have released their opinion on Frontier Communications Corporation (NASDAQ:FTR), with 3 analysts believing it is a strong buy. TheStreet downgraded Frontier Communications Corp from a "c-" rating to a "d+" rating in a report on Monday, February 27th. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

For the quarter ending 11/01/2016, The Analyst projected that the company could deliver EPS of -0.04 while the company provided its Actual EPS of -0.04 showing a difference of 0 Percent between the Estimated and Actual EPS. The third largest holder is Invesco Ltd., which now holds $116.27 million worth of this stock and that ownership represents almost 3.74% of its market capitalization. The stock is trading $3.32 its 50-day moving average by 0.65%. The insider owns 2,967,797 shares as of 0.25%, now worth $7508526.41.

This company has been competing with others in the Technology space and offers its own combination of interesting factors Frontier Communications Corporation (FTR) now trades with a market capitalization of $3.11 Billion.

Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms.

Taking look on per share earnings estimates, its next year first quarter current estimate trend for EPS was for $-0.06 and on annual basis FY 2016 estimate trends at current was for $-0.23 as compared to one month ago of $-0.09, and for next year per share earnings estimates have $-0.08.

In Frontier Communications Corporation (NASDAQ:FTR)'s latest quarter, EPS moved to $-0.04 from $-0.04 in preceding quarter and revenues reached at $2,409.00M compared to $2,524.00M.

BofA/Merrill analysts provided their view on Frontier Communications Corporation (NASDAQ:FTR) recently. According to a research note disclosed on Nov 02, 2016, analysts at Deutsche Bank have lowered their rating on these shares from Buy to Hold. The company's outstanding shares are 349.7 Million.

To stick with focus on profitability valuation, Frontier Communications Corporation (NASDAQ:FTR) also listed in significant eye catching mover, FTR attains returns on investment ratio of 5.10%, which suggests it's viable on security that has lesser ROI. Looking at the stock's movement on the chart, Frontier Communications Corporation recorded a 52-week high of $5.34.

EPS growth for this year is -72.30% and EPS growth for next year is expected to reach at 63.20%.

For the upcoming quarter, initial predictions are anticipating that the company will post earnings of $-0.05 per share according to consensus of 9 analysts.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 31st. This represents a $0.42 dividend on an annualized basis and a yield of 17.43%. Frontier Communications Corp's dividend payout ratio (DPR) is now -77.78%. Frontier Communications Corp (NASDAQ:FTR) shares were trading -49.99% below from the 52-week high mark of $5.34 and +7.23% above from the 52-week bottom of $2.49.

This piece was first reported by BBNS and is the property of of BBNS. The Company offers a portfolio of communications services for residential and business customers in each of its markets. Willingdon Wealth Management raised its stake in shares of Frontier Communications Corp by 2,658.4% in the third quarter. The Company's product portfolio includes Internet access, broadband-enabled services, video services and voice services.

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