What are Analysts report about: Frontier Communications Corporation (NASDAQ:FTR)
According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $7.43 on company shares. This rating was issued on 3/07/17. The Weekly Volatility is 5.36 percent and the Monthly Volatility is 3.74 percent. They now have a United States dollars 5.4 price target on the stock. These analysts and investment firms use various valuation methods to decide a price target for a stock. Frontier Communications Corporation got Downgrade on 7-Mar-17 where investment firm BofA/Merrill Downgrade the stock from Buy to Neutral.
To analyze a stock, one should look for Upgrades and Downgrades of a stock. The stock's 50-day moving average price is $3.16 and its 200-day moving average price is $3.66.
Frontier Communications Corporation (NASDAQ:FTR) will report its next earnings on May 1 - May 5 (Est.). According to their observations and findings, the stock could provide a high EPS of $-0.03/share and a Low EPS of $-0.06/share.
Over the past five trading sessions shares of Frontier Communications Corporation (NASDAQ:FTR) are 0.75%; -23.52% for the month; -25.89% for the last quarter; -42.27% for the past six-months; and -47.64% for the last 12 months.The current price is staying below the SMA lines which signify weakens and is generally unhealthy/negative and may provide the momentum for driving the share price lower.
Frontier Communications Corporation (NASDAQ:FTR) right now sits at consensus rating of 2.70 while 5 analysts have advocated the shares as "BUY", 2 calls it an "OUTPERFORM" and 7 suggest "HOLD".
Frontier Communications Corporation (NASDAQ:FTR) closed down 0 points or 0% at $2.41 with 68.95 mln shares exchanging hands. The analysts offering Earnings Estimates for the company were believing that Frontier Communications Corporation (NASDAQ:FTR) could bring EPS of $-0.05/share. These analysts have also projected a Low Estimate of $-0.07/share and a High Estimate of $-0.01/share.
Frontier Communications Corp Last issued its quarterly earnings results on Feb 27, 2017. And a quick view of analyst notes show that 5 are rating the stock a buy while 2 rate FTR a strong buy.
Frontier Communications Corporation (NASDAQ:FTR)went down -4.74% during trading on the U.S. exchange where it had a trading capacity of 45.85M shares. The stock price target chart showed average price target of 3.57 as compared to current price of 2.41. Analyst's mean target price for FFIV is $143.74 while analysts mean recommendation is 2.60. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $-0.07 to $-0.01. Latest closing price was -24.07% below its 50-day moving average and -36.56% below its 200-day moving average.
In the trailing 12 months period, return on assets ratio of the Company was -2.10% and return on equity ratio was -12.00% while its return on investment ratio was 5.10%.
While looking at the Stock's Performance, Frontier Communications Corporation now shows a Weekly Performance of 0.75%, where Monthly Performance is -23.52%, Quarterly performance is -25.89%, 6 Months performance is -42.27% and yearly performance percentage is -47.64%. During the twelve month it lost -49.35% and year to date performance of -25.15%.
Frontier Communications Corporation (FTR) opened the session with a $2.42 price tag, later ranging from $2.31 to $2.44, the range at which the stock has traded at throughout the day. The Average Volume (3 months) is 26.76 Million.