Frontier Communications Corporation (FTR) Trading at $5.31 Reached All-Time Low

June 29, 2018 - By Kevin Carney

Frontier Communications Corporation (NASDAQ:FTR) Corporate Logo

Big Money Sentiment decreased to 0 in 2018 Q1. It has change of 0.14, from 2017Q4’s 0.14. The ratio dropped due to Frontier Communications Corporation positioning: 1 sold and 3 reduced. 0 funds acquired positions and 0 increased positions. Investors holded 78,322 in 2017Q4 but now own 2,999 shares or 96.17% less.
United Fire Grp Inc Inc holds 0% or 658 shs in its capital. Vantage Invest Advsrs Ltd Liability Corporation, a Pennsylvania-based fund reported 2,129 shs. California-based Gemmer Asset Ltd Com has invested 0% in Frontier Communications Corporation (NASDAQ:FTR). Focused Wealth Mgmt accumulated 0% or 204 shs.

On Jun, 29, all time low was touched by Frontier Communications Corporation (NASDAQ:FTR). Today’s price per share was $5.31. It’s 3.00 % below our $5.15. This chart setup was published by Barchart.com. Frontier Communications Corporation (NASDAQ:FTR) has $425.13 million market cap. $12.75M less could be NASDAQ:FTR valuation at $5.15 share price.

The stock increased 0.76% or $0.04 during the last trading session, reaching $5.305.Frontier Communications Corporation has volume of 2.43 million shares. Since June 29, 2017 FTR has declined 62.30% and is downtrending. FTR underperformed the S&P500 by 74.87%.

On August, 7 Frontier Communications Corporation (NASDAQ:FTR)’s earnings release is awaited by WallStreet, according to Faxor. Analysts forecast $-0.83 earnings per share. That’s $0.27 up or 24.55 % from 2017’s earnings of $-1.1. After $-0.58 EPS report previous quarter, Wall Street now predicts 43.10 % negative EPS growth of Frontier Communications Corporation.

Frontier Communications Corporation (NASDAQ:FTR) Ratings Coverage

In total 7 analysts cover Frontier Communications (NASDAQ:FTR). “Buy” rating has 0, “Sell” are 3, while 4 are “Hold”. 0 are bullish. 8 are the (NASDAQ:FTR)’s analyst reports since February 28, 2018 according to StockzIntelligence Inc. In Wednesday, February 28 report Cowen & Co maintained it with “Hold” rating and $8.5 target. On Wednesday, February 28 Jefferies downgraded Frontier Communications Corporation (NASDAQ:FTR) to “Hold” rating. In Thursday, May 31 report Barclays Capital maintained the stock with “Underweight” rating. On Wednesday, February 28 the stock of Frontier Communications Corporation (NASDAQ:FTR) has “Hold” rating given by Wells Fargo. On Wednesday, May 9 the firm has “Sell” rating by Citigroup given. On Thursday, June 28 the stock of Frontier Communications Corporation (NASDAQ:FTR) has “Sell” rating given by Citigroup. On Monday, March 19 Morgan Stanley maintained the shares of FTR in report with “Equal-Weight” rating.

For more Frontier Communications Corporation (NASDAQ:FTR) news released briefly go to: Seekingalpha.com, Nasdaq.com, Benzinga.com, Benzinga.com or Nasdaq.com. The titles are as follows: “3 Steps Frontier Communications Must Take To Save The Company” released on June 21, 2018, “Why Did Frontier Communications Corp. Shares Lose 10% in May?” on June 13, 2018, “40 Stocks Moving In Thursday’s Mid-Day Session” with a publish date: June 28, 2018, “48 Biggest Movers From Yesterday” and the last “Recent Analysis Shows Darling Ingredients, STORE Capital, Frontier Communications, Discovery, AMETEK, and …” with publication date: June 27, 2018.

Frontier Communications Corporation provides communications services to residential, business, and wholesale clients in the United States.The company has $425.13 million market cap. It offers broadband, video, voice, and other services and products through a combination of fiber and copper based networks to residential customers.Last it reported negative earnings. The firm also provides broadband, Ethernet, traditional circuit-based, data and optical transport, and voice services, as well as Multiprotocol Label Switching and Time Division Multiplexing services to small business, medium business, and larger enterprises, as well as sells customer premise equipment.

Frontier Communications Corporation (NASDAQ:FTR) Analyst Ratings Chart

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