Frontier Communications Corporation (FTR) Hits All-Time Low at $5.31 on Jun, 29

June 29, 2018 - By Toni Killen

Frontier Communications Corporation (NASDAQ:FTR) Corporate Logo

During 2018 Q1 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 increased stakes while 0 funds took stakes. Funds hold 2,999 shares thus 96.17% less from 2017Q4’s 78,322 shares.
Focused Wealth Mngmt holds 204 shs or 0% of its capital. Gemmer Asset Mngmt Ltd has 0% invested in Frontier Communications Corporation (NASDAQ:FTR). United Fire reported 658 shs. Vantage Invest Advisors Limited Liability Company stated it has 0% of its capital in Frontier Communications Corporation (NASDAQ:FTR).

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 is hitting $5.305 during the last trading session, after increased 0.76%.Currently Frontier Communications Corporation is downtrending after 62.30% change in last June 29, 2017. FTR has 2.43 million shares volume. The stock underperformed the S&P 500 by 74.87%.

Investors wait Frontier Communications Corporation (NASDAQ:FTR)’s quarterly earnings on August, 7., as reported by Faxor. This year’s EPS analyst estimate is anticipated to be $-0.83. That is 24.55 % up compareed to $-1.1 EPS for last year. After $-0.58 EPS report last quarter, Wall Street now predicts 43.10 % negative EPS growth of Frontier Communications Corporation.

Frontier Communications Corporation (NASDAQ:FTR) Ratings Coverage

In total 7 analysts cover Frontier Communications (NASDAQ:FTR). “Buy” rating has 0, “Sell” are 3, while 4 are “Hold”. (NASDAQ:FTR) has 0 bullish analysts. 8 are the (NASDAQ:FTR)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. On Wednesday, May 9 the stock of Frontier Communications Corporation (NASDAQ:FTR) earned “Sell” rating by Citigroup. On Thursday, May 31 the rating was maintained by Barclays Capital with “Underweight”. On Wednesday, February 28 Jefferies downgraded Frontier Communications Corporation (NASDAQ:FTR) to “Hold” rating. On Monday, March 19 the stock has “Equal-Weight” rating by Morgan Stanley. The stock rating was maintained by Citigroup with “Sell” on Thursday, June 28. On Wednesday, February 28 the stock has “Hold” rating by Wells Fargo. In Wednesday, February 28 report Cowen & Co maintained it with “Hold” rating and $8.5 target.

For more Frontier Communications Corporation (NASDAQ:FTR) news posted recently go to: Fool.com, Nasdaq.com, Benzinga.com, Nasdaq.com or 247Wallst.com. The titles are as follows: “Better Buy: CenturyLink Inc. vs. Frontier Communications” posted on June 18, 2018, “Why Did Frontier Communications Corp. Shares Lose 10% in May?” on June 13, 2018, “48 Biggest Movers From Yesterday” with a publish date: June 29, 2018, “Recent Analysis Shows Darling Ingredients, STORE Capital, Frontier Communications, Discovery, AMETEK, and …” and the last “Thursday’s Biggest Winners and Losers in the S&P 500” with publication date: June 28, 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.Currently it has 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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