Frontier Communications Corporation (FTR) Given Average Rating of "Hold" by Analysts

Author

10 July, 2017

The Company's services and products include data and Internet services, video services, voice services, access services and customer premise equipment (CPE).

While trading at volume below than average, Frontier Communications Corporation (NASDAQ:FTR) previous 52-week high was $5.22 and moved down -76.71% over the same period, trading at a volume of 12.03 million. In contrast to the year ago quarter EPS was at -0.04.

Frontier Communications Corporation (FTR) have shown a high EPS growth of -40.40% in the last 5 years and has earnings decline of -72.30% yoy.

Investors sentiment increased to 0.91 in 2016 Q4. Its down 0.27, from 1.24 in 2016Q3. 2 funds opened positions while 8 raised stakes. 810.29 million shares or 2.96% more from 786.98 million shares in 2016Q3 were reported. Ridgeworth Capital Limited Liability Co has 9,755 shares for 0% of their portfolio. Mutual Of Omaha Bank Wealth Management sold 14,181 shares as Metlife Inc (MET)'s stock declined 4.70%.

05/03/2017 - Frontier Communications Corporation was upgraded to "neutral" by analysts at Citigroup. Prudential Financial Incorporated holds 0.01% of its portfolio in Frontier Communications Corp (NASDAQ:FTR) for 1.60M shares. 118,721 were reported by New Mexico Educational Retirement Board. Exane Derivatives reported 0% stake. Caprock Gru owns 0.21% invested in Metlife Inc (NYSE:MET) for 15,560 shares.

Support is likely to come between $1.07 a share to $1.03 a share level. $17,875 worth of Frontier Communications Corp (NASDAQ:FTR) was bought by Arndt Kenneth. The lowest 12-month price target for the shares is $0.80, which would be decrease of about -27% of its current value.

Crow Point Partners Llc decreased Frontier Communications Corporation (FTR) stake by 97.92% reported in 2016Q4 SEC filing. Zacks Investment Research raised Frontier Communications Corporation from a "hold" rating to a "buy" rating and set a $1.25 price target for the company in a research report on Wednesday. Therefore 0 are positive. Frontier Communications has $7 highest and $200 lowest target. Morgan Stanley reduced their price target on shares of Frontier Communications Corporation from $2.30 to $1.50 and set an equal weight rating for the company in a report on Wednesday, June 14th. Hexavest Inc. boosted its position in Frontier Communications Corporation by 4.4% in the first quarter. Macquarie Research initiated the stock with "Underperform" rating in Monday, July 11 report.

12/02/2015 - Frontier Communications Corporation had its " rating reiterated by analysts at Stephens. Bank of New York Mellon Corp now owns 23,878,281 shares of the utilities provider's stock valued at $51,099,000 after buying an additional 4,110,957 shares during the last quarter.

02/28/2017 - Frontier Communications Corporation was downgraded to "neutral" by analysts at JP Morgan. As per Wednesday, August 19, the company rating was initiated by Stephens. The rating was initiated by Cowen & Co with "Outperform" on Tuesday, October 13.

Since January 1, 0001, it had 0 buys, and 11 selling transactions for $1.30 million activity. The high insider ownership can as a matter of fact lead to the contradictory result, a management team that is unaccountable because they can keep their jobs under nearly any circumstance. Terril Brothers invested in 10,348 shares.

Frontier Communications Corporation (NASDAQ:FTR) last released its earnings results on Tuesday, May 2nd. Neuberger Berman Grp Ltd owns 0% invested in Frontier Communications Corp (NASDAQ:FTR) for 136,456 shares. The Illinois-based Old Republic International Corp has invested 0.56% in the stock. Camelot Portfolios Llc, a Ohio-based fund reported 622,283 shares.

About 1,827 shares traded. Golden Star Resources Ltd. (USA) (NYSEMKT:GSS) has risen 22.87% since July 6, 2016 and is uptrending. It has underperformed by 87.26% the S&P500.

Analysts await DNB Financial Corp (NASDAQ:DNBF) to report earnings on July, 20. They expect $-0.05 earnings per share, down 150.00% or $0.03 from last year's $-0.02 per share. DNBF's profit will be $2.45 million for 14.81 P/E if the $0.58 EPS becomes a reality. At the time of writing, Shares the company recently traded 0.00% away 52-week low and noted price movement -78.93% away from the 52-week high level.

Ford Motor Co stated its China sales surged 15% in June, their strongest pace of the year, and it was optimistic about the outlook for the second half as the industry puts the phasing out of a tax cut behind it. Peter Fleet, Ford's Asia-Pacific chief, stated the first quarter had been hard after a purchase tax on small-engine cars rose to 7.5% from 5% before.

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