The stock recently closed its previous session at $2.53 by showing a percentage change of -5.24% from its previous day closing price of $2.67. Its 52-week high and low range is between $5.75 and $2.4.
The stock is now showing YTD performance of -21.01 Percent.
This company has been competing with others in the Technology space and offers its own combination of interesting factors Frontier Communications Corporation (FTR) now trades with a market capitalization of $3.11 Billion. Stock price is down 54.78% since it reached the one year high price and is down $ -3.15 since then.
Shares outstanding are recorded as 65.99 Million and total shares floated are 61.03 Million. Company's distance from 20 day simple moving average is 62.90% and distance from 50-Day simple moving average is 62.90%. Over the trailing year, the stock is underperforming the S&P 500 by 66.9, and it's gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange.
Frontier Communications Corporation has 1 year price target of $3.58. Investors should watch out for further signals and trade with caution. Analysts had expected Frontier Communications Corporation (NASDAQ:FTR) to post net income of about $-0.05 per share on $2,497.00M in revenue. In terms of the relative level of interest afforded this stock among active participants in the market, relative volume measures have been strong, indicating enthusiasm for the name by traders, investors, and money managers during the past month of action. The company has a Low Price Target of $2.25 and the Mean Target of $3.58, according to the Brokers. The higher end of the revenue estimate is $2.37 Billion and the lower end is $2.33 Billion. Jefferies Group LLC reaffirmed a "buy" rating and issued a $5.00 price objective on shares of Frontier Communications Corp in a research note on Friday, February 17th. Beta value of the stock stands at 0.12. Wall Street is forward looking. Dynamic Capital Management Ltd now owns 814,862 shares of the company's stock worth $3,390,000 after buying an additional 334,675 shares during the period. 7 Brokerage Firms have advised hold. Frontier Communications Corporation got Downgrade on 7-Mar-17 where investment firm BofA/Merrill Downgrade the stock from Buy to Neutral. This company shares are 34.08% off its target price of $3.58 and the current market capitalization stands at $3.11B. The mean PT is calculated considering the consensus of 11 analysts. The company earned $2.41 billion during the quarter, compared to analyst estimates of $2.50 billion.
For the quarter ending 11/01/2016, The Analyst projected that the company could deliver EPS of -0.04 while the company provided its Actual EPS of -0.04 showing a difference of 0 Percent between the Estimated and Actual EPS.
Taking look on per share earnings estimates, its next year first quarter current estimate trend for EPS was for $-0.06 and on annual basis FY 2016 estimate trends at current was for $-0.23 as compared to one month ago of $-0.09, and for next year per share earnings estimates have $-0.08.
Company has reported several Insider transactions to the SEC, on Nov 12, 2015, Kathleen Weslock (EVP, Chief People Officer) purchased 12,370 shares at 4.81 per share price.On Nov 12, 2015, Steve Gable (EVP, Chief Technology Officer) purchased 53,416 shares at 4.75 per share price.On Nov 12, 2015, Kathleen Q Abernathy (EVP, External Affairs) purchased 46,391 shares at 4.85 per share price.