Frontier sells pay-television and broadband services. Image source Getty Images
14 April, 2017, 00:38
Frontier Communications Corporation (NASDAQ:FTR) shares price knocked down -0.49% during Thursday trading session. The stock decreased 0.98% or $0.02 during the last trading session, reaching $2.03. The share price is trading in a range of $2.05 - 2.12.
The stock of Frontier Communications Corp (NASDAQ:FTR) is a huge mover today! Vetr downgraded shares of Frontier Communications Corp from a "buy" rating to a "hold" rating and set a $3.64 target price on the stock.in a research note on Monday, December 19th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company.
On 6/5/2013 Mark S Shapiro, Director, bought 75,000 with an average share price of $3.99 per share and the total transaction amounting to $299,250.00. The stock of Frontier Communications Corp (NASDAQ:FTR) has "Outperform" rating given on Tuesday, August 2 by Raymond James.
Frontier Communications Corporation (FTR) closed -42.37% below its 200-day moving average and is -23.52% below another chart threshold, its 50-day moving average. According to their predictions High & Low revenue estimates are 1.41 Billion and 1.37 Billion respectively.
The company's consensus rating on Reuter's scale remained unchanged from 2.17 to 2.17 during a month. Endurance Wealth Mngmt reported 0% in Frontier Communications Corp (NASDAQ:FTR). The company reported ($0.04) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.05) by $0.01. The Return on Investment (ROI) is at 5.1% while it's Return on Equity (ROE) value stands at -12%.
Many Analysts provided their foresight on Revenue Estimates of Frontier Communications Corporation where they believe that the company has the potential to earn average revenue of $1 for the current quarter. The Q2 2017 consensus earnings estimates for the company have stabilized at US$-0.05 per share. The business's revenue was up 70.5% compared to the same quarter past year. These analysts have also projected a Low Estimate of $-0.07/share and a High Estimate of $-0.01/share. If you are viewing this piece of content on another site, it was copied illegally and reposted in violation of United States and global copyright law. The legal version of this piece can be accessed at https://www.chaffeybreeze.com/2017/04/13/frontier-communications-corp-ftr-downgraded-to-buy-at-vetr-inc-updated.html.
The business also recently declared a quarterly dividend, which was paid on Friday, March 31st. Shareholders of record on Wednesday, March 15th were issued a dividend of $0.105 per share. The ex-dividend date was Monday, March 13th. Frontier Communications Corp's dividend payout ratio is now -77.78%.
Several hedge funds have recently made changes to their positions in FTR.
Frontier Communications Corporation had its " rating reiterated by analysts at Morgan Stanley.
The number of shares now held by investors is 1.18 Billion. Meeder Asset Management Inc. raised its position in Frontier Communications Corp by 175.7% in the third quarter. Nationwide Fund Advisors now owns 942,582 shares of the company's stock worth $3,921,000 after buying an additional 64,223 shares in the last quarter. The stock of Londonmetric Property PLC (LON:LMP) has "Add" rating given on Wednesday, June 1 by Peel Hunt. Dixon Hubard Feinour And Brown Inc Va has 0.22% invested in Frontier Communications Corp (NASDAQ:FTR). The Digital Services segment delivers various system developments of customized online digital solutions for the United Kingdom government and private sector organizations.
However, the telco did not reveal what broadband packages the CAF-II program will enable other than to say that it will offer "simplified broadband offerings and bundled service packages that provide customers with choice and affordable options". The firm offers voice, data, and video services and products on a standalone basis and as bundled or packaged solutions.
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Egg hunts across the Tri
The annual Easter Egg Hunt in an eastern Pennsylvania town has been canceled because of problems with parents at the event. For information, contact the Ocoee Parks and Recreation Department at (407) 905-3180 or visit www.ocoee.org .