Frontier Communications Corporation (FTR) Decreased to All-Time Low at $5.31

June 29, 2018 - By Jimmy Cauthen

Frontier Communications Corporation (NASDAQ:FTR) Corporate Logo

During Q1 2018 the big money sentiment decreased to 0. That’s change of 0.14, from 2017Q4’s 0.14. 1 investors sold all, 3 reduced holdings as Frontier Communications Corporation ratio dropped. 0 rose holdings while 0 funds took holdings. Funds hold 2,999 shares thus 96.17% less from 2017Q4’s 78,322 shares.
Moreover, Focused Wealth Mgmt Inc has 0% invested in Frontier Communications Corporation (NASDAQ:FTR). United Fire Gru holds 658 shs. Gemmer Asset Mngmt Ltd Co owns 8 shs for 0% of their capital. Vantage Investment Advsrs Limited Liability Com owns 2,129 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.

FTR touched $5.305 during the last trading session after $0.04 change.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%.

Frontier Communications Corporation (NASDAQ:FTR)’s quarterly earnings will be announced on August, 7., according to Zacks. Analysts have expectation on stock’s earnings per share of $-0.83. That’s up 24.55 % from last year’s $-1.1 earnings per share. Wall Street now forecasts 43.10 % negative EPS growth despite Frontier Communications Corporation last quarter’s EPS of $-0.58.

Frontier Communications Corporation (NASDAQ:FTR) Ratings Coverage

Total analysts of 7 have positions in Frontier Communications (NASDAQ:FTR) as follows: 0 rated it a “Buy”, 3 with “Sell” and 4 with “Hold”. The positive are 0. Since February 28, 2018 according to StockzIntelligence Inc Frontier Communications has 8 analyst reports. On Wednesday, February 28 the firm earned “Hold” rating by Jefferies. On Thursday, June 28 the firm has “Sell” rating by Citigroup given. On Wednesday, February 28 the rating was maintained by Wells Fargo with “Hold”. On Thursday, May 31 the firm has “Underweight” rating by Barclays Capital given. On Monday, March 19 the firm has “Equal-Weight” rating by Morgan Stanley given. On Wednesday, May 9 Citigroup downgraded Frontier Communications Corporation (NASDAQ:FTR) to “Sell” rating. On Wednesday, February 28 the firm has “Hold” rating given by Cowen & Co.

For more Frontier Communications Corporation (NASDAQ:FTR) news announced recently go to: Nasdaq.com, Benzinga.com, Seekingalpha.com, Nasdaq.com or Fool.com. The titles are as follows: “Why Did Frontier Communications Corp. Shares Lose 10% in May?” announced on June 13, 2018, “40 Stocks Moving In Thursday’s Mid-Day Session” on June 28, 2018, “3 Steps Frontier Communications Must Take To Save The Company” with a publish date: June 21, 2018, “Recent Analysis Shows Darling Ingredients, STORE Capital, Frontier Communications, Discovery, AMETEK, and …” and the last “Better Buy: CenturyLink Inc. vs. Frontier Communications” with publication date: June 18, 2018.

Frontier Communications Corporation provides communications services to residential, business, and wholesale clients in the United States.The firm is worth $425.13 million. 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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