Frontier Communications Corporation (NASDAQ:FTR) Touching Most Active List Today

Danny Woods
May 19, 2017

The average analysts gave this company a mean recommendation of 1.90. It has a 101.93 P/E ratio.

Frontier Communications Corporation (FTR) traded with the volume of 48.27 Million shares while its average 3 months volume is at 50830 shares.

About 5.41 million shares traded. Over the past 2 quarters, the stock is down -55.94%, compared with a fall of almost -58.05% for 3 months and about -31.44% for the past 30 days. Teacher Retirement Of Texas invested in 0.23% or 9.63 million shares. Vetr lowered Frontier Communications Corp from a "strong-buy" rating to a "buy" rating and set a $2.09 price target for the a research report on Thursday, March 23rd. The lowest target is $5.40 while the high is $7. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. BKMU was included in 4 notes of analysts from September 2, 2015. The firm has "Sell" rating by Citigroup given on Wednesday, March 9. Bokf Na holds 26,001 shares or 0% of its portfolio. The stock has a beta value of 1.55. The bigger the return, the more efficient management is in utilizing its asset base. (STNG) is its Earnings per Share or EPS. However a year ago for the same quarter the company has reported -$0.02 EPS. The stock touched 52-week High of $4.75 on 06/06/16 and 52-week Low of $1.19 on 05/11/17.

Investors who are keeping close eye on Frontier Communications Corporation (FTR) stock; watched recent volatility movements, they can see that shares have been recorded at 7.76% for the week, and 6.93% for the last month. For the next quarter the company has anticipated average revenues of $2.28B, according to the sentiments of 10 analysts. Frontier offers a variety of services to residential customers over its fiber-optic and copper networks, including video, high-speed internet, advanced voice, and Frontier Secure digital protection solutions. It now has negative earnings. Therefore 23% are positive.

According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 2.62 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell. Price Target plays a critical role when it comes to the analysis of a Stock. The firm has "Outperform" rating by Cowen & Co given on Tuesday, October 13. There is a large variety of Financial Ratios that can be considered while making an investment decision but here in the case of Frontier Communications Corporation (FTR), we will discuss a few.

05/03/2017 - Frontier Communications Corporation had its "hold" rating reiterated by analysts at Deutsche Bank. Below is a long-term dividend history chart for FTR, which the report stressed as being of key importance. The stock of Frontier Communications Corp (NASDAQ:FTR) earned "Overweight" rating by Stephens on Wednesday, August 19. Its down 0.27, from 1.24 in 2016Q3. It worsened, as 70 investors sold Frontier Communications Corp shares while 168 reduced holdings. Goldman Sachs Grp Inc Inc accumulated 12.79M shares. Trust Department Mb Finance Commercial Bank N A accumulated 567 shares or 0% of the stock. First Manhattan reported 159,782 shares.

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Scorpio Tankers Inc. (STNG) has a market capitalization of 712.49 Million which suggests the company is a huge company further suggesting that the shares of Scorpio Tankers Inc. Norges Bank owned approximately 0.43% of Frontier Communications Corp as of its most recent SEC filing. Bb&T Corp owns 37,404 shares. 46,921 were accumulated by Stratos Wealth Ptnrs Limited. The institutional ownership stake in the corporation is 90.60%. Comerica Bank increased its stake in Frontier Communications Corp by 1.7% in the fourth quarter. Commerzbank Aktiengesellschaft Fi owns 160,350 shares or 0.01% of their U.S. portfolio.

Since May 8, 2017, it had 1 buy, and 0 sales for $11,156 activity. The insider Gable Steve bought $11,156.

Frontier Communications Corporation (FTR) closed business day at $1.33 with -1.48%. These analysts have also projected a Low Estimate of $-0.09/share and a High Estimate of $-0.03/share.

Last time, the company failed Wall Street by reporting EPS of $-0.08, smashing the consensus of $-0.05 per share.

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