Published: Thu, April 20, 2017
Money | By Oscar Reynolds

Frontier Communications Corp (FTR) Rating Reiterated by Macquarie


During the trading on 04/17/2017, Company's stock ranged from $2.00 to $1.95. The analysts noted that the move was a valuation call.

Several brokerages have commented on FTR.

Frontier Communications Corporation (FTR) now has a consensus Price Target of $3.18. Morgan Stanley lowered shares of Frontier Communications Corp from an "overweight" rating to a "neutral" rating in a report on Tuesday, February 28th. Royal Bank of Canada reaffirmed a "hold" rating and set a $3.50 price target on shares of Frontier Communications Corp in a research report on Tuesday, February 28th. Frontier Communications Corporation has a 52-week low of 1.92 and a 52-week high of 5.75. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. Generally, a stock scoring an 8 or 9 would be viewed as strong while a stock with a score from 0-2 would be considered weak.

Premium entertainment network EPIX today announced that it has renewed its distribution agreement with Frontier Communications Corporation (FTR), a leader in providing communications services to urban, suburban, and rural communities in 29 states. The firm earned $2.41 billion during the quarter, compared to analysts' expectations of $2.50 billion.

Frontier Communications Corporation (FTR)'s distance from 200 day simple moving average is -44.74 percent, its distance from 50 day simple moving average is -24.69 percent, while its distance from 20 day simple moving average is -7.02 percent.

Many analysts are providing their Estimated Earnings analysis for Frontier Communications Corporation and for the current quarter 9 analysts have projected that the stock could give an Average Earnings estimate of $-0.05/share.

The company is expected to report earnings of $-0.05 a share for the next quarter. The firm's revenue for the quarter was up 70.5% compared to the same quarter previous year.

11/02/2016 - Frontier Communications Corporation was downgraded to "market perform" by analysts at Wells Fargo. Investors of record on Wednesday, March 15th were paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 21.65%. The ex-dividend date was Monday, March 13th. To assess that, I compare Frontier Communications's cash and other liquid assets (current assets) against its overall debt.

Frontier Communications Corporation got Downgrade on 22-Mar-17 where investment firm Goldman Downgrade the stock from Neutral to Sell. If you are viewing this story on another site, it was stolen and reposted in violation of United States & global copyright and trademark legislation. Nisa Investment Advisors LLC raised its stake in shares of Frontier Communications Corp by 79.2% in the third quarter. The stock is now trading -3.01% below its SMA 50 and 13.13% above its SMA 200. We can't assume the past will always reflect the future, but logically stocks that have grown earnings per share strongly in the past are a good bet to continue to do so. BlackRock Institutional Trust Company N.A. now owns 32,908,876 shares of the company's stock worth $136,901,000 after buying an additional 213,811 shares during the last quarter. Frontier Communications had 18 analyst reports since August 4, 2015 according to SRatingsIntel. Valley National Advisers Inc. now owns 31,917 shares of the company's stock worth $133,000 after buying an additional 1,341 shares in the last quarter. Everence Capital Mgmt Incorporated invested 0.05% in Frontier Communications Corp (NASDAQ:FTR).

During last 5 trades the stock sticks nearly -4.37%.

Highland Capital Management Llc decreased Hollyfrontier Corp (HFC) stake by 8.05% reported in 2016Q4 SEC filing. The company has grown 12.60% in past 3 months and in the last five trades has moved up 2.02%.

Taking a look at some volatility information, Frontier Communications Corporation's 12 month volatility is presently 43.122400. The Company offers a portfolio of communications services for residential and business customers in each of its markets.

Like this: