Stocks for Portfolio with Profitability Analysis: Frontier Communications (NASDAQ:FTR)


The share price of the company (NASDAQ:FTR) was down -1.59%, with a high of 2.54 during the day and the volume of Frontier Communications Corporation shares traded was 302730225. Conning Inc. now owns 30,128 shares of the company's stock worth $125,000 after buying an additional 3,660 shares in the last quarter. Frontier Communications Corp had a negative net margin of 5.01% and a positive return on equity of 2.05%.

Other institutional investors have also added to or reduced their stakes in the company. The company has a market cap of $2,896 million and the number of outstanding shares has been calculated to be 1,172,525,000 shares. Conning Inc. boosted its position in Frontier Communications Corp by 13.8% in the third quarter. First Republic Investment Management Inc. now owns 29,657 shares of the company's stock worth $101,000 after buying an additional 2,652 shares during the last quarter. Sowell Financial Services LLC purchased a new position in Frontier Communications Corp during the fourth quarter worth $261,000. Checchi Capital Advisers LLC now owns 32,168 shares of the company's stock valued at $134,000 after buying an additional 3,671 shares during the period. Patriot Financial Group Insurance Agency LLC purchased a new position in Frontier Communications Corp during the fourth quarter worth $104,000. Institutional investors own 67.26% of the company's stock.

Zacks Investment Research upgraded shares of Frontier Communications Corp (NASDAQ:FTR) from a strong sell rating to a hold rating in a research note issued to investors on Wednesday morning. Shares of Frontier Communications Corporation (FTR) are trading -51.84% downward from the 52-week high mark and 6.93% above from the fifty two-week low mark. The highest price target outlook for the stock is $5 and the minimum price target estimate is $2.25.

Chesapeake Energy Corporation (NYSE:CHK), stock is trading $8.20 above the 52-week high and has displayed a high EPS growth of -36.80% in last 5 years.

The company is expected to report earnings of $-0.05 a share for the next quarter.

Frontier Communications Corporation (NASDAQ:FTR)'s distance from 200 day simple moving average is -34.42 percent, its distance from 50 day simple moving average is -20.9 percent, while its distance from 20 day simple moving average is -11.7 percent.

According to sentiments of 10 analysts the company is expected to report revenues of $2.35B for the current quarter. During the same period in the prior year, the firm earned $0.05 EPS. The company reported revenue of $1.32 Billion in the same period previous year. On average, equities research analysts anticipate that Frontier Communications Corp will post ($0.18) earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 31st. Shareholders of record on Wednesday, March 15th will be issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 17.00%. The ex-dividend date is Monday, March 13th. Frontier Communications Corp's dividend payout ratio (DPR) is -77.78%. On these bases, analysts would recommend this stock as an "Active Revolving Stocks". Jefferies Group LLC reduced their target price on Frontier Communications Corp from $5.00 to $4.00 and set a "buy" rating for the company in a research note on Tuesday, February 28th.

Frontier Communications Corp (NASDAQ:FTR) last released its earnings results on Monday, February 27th.

When we have a peek on stock's historical trends we come to know that, the stock has slipped -3.70% in the past one week and plunged -22.09% during previous one month drive, the stock went down -23.26% during past quarter. TheStreet cut shares of Frontier Communications Corp from a c- rating to a d+ rating in a research report on Monday, February 27th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company.

According to Yahoo Finance, the price target for the company which analysts are aiming is 5.

Relative strength index (RSI-14) for Frontier Communications Corporation (FTR) is at 31.86. The Company offers a portfolio of communications services for residential and business customers in each of its markets.

FTR has been the subject of several other reports.



Related Posts

March Madness 2017: Tyler Dorsey bails out OR with game-winner
Sure, the Ducks have Dillon Brooks, the Pac-12 player of the year, and Jordan Bell, the Pac-12 defensive player of the year. Rhode Island now averages 73.7 points per game on offense while the defense gives up just 65.1 points per game.

Dead After Freak Accident at Waterfall
Kintampo Falls is a tourist site popular among domestic and global tourists who throng to the area in the thousands every week. Early respondents reportedly used chainsaws to cut off the tree branches before some of the trapped students were rescued.

Autistic boy dies after routine dental procedure, report says
Curry told KPTV she had no objections, as Mykel has been put under with anesthesia in the past without any issues. The Washington State Department of Health is reviewing the case to decide if they'll open an investigation.

Aaron Mauger sacked by Leicester
O'Connor won three Premiership titles in his previous spell with the Tigers up to 2013 and has subsequently worked with Leinster, Queensland Reds and Tonga.

At least 20 Persons Die in Ghana's Kintampo Waterfalls Accident
Desmond Owusu Boampong, a local police commander said almost 20 people have been admitted to the hospital and are being treated. The broadcaster said rescue teams used chainsaws to cut through the fallen tree and free those trapped underneath.

Massive chicken freaks out the internet
A GIANT chicken has baffled the internet after footage emerged of it towering over its poultry pals. Let's first check out the video below of this massive thing.

Man charged in connection with Bradley charity box theft
On Monday, Durham Police tweeted a picture of coins in a bag and the message: "Got your money back mate, keep fighting buddy". The force said the arrest came as a result of information from members of the public.

Manafort: 'No Role' in DNC Hack or Release of Info
On Sunday, the White House released another late-day account of the president's day, including a call with the president of Chile. President Donald Trump was a frequent critic of his predecessor's frequent golf games.

EU summit '4 to 6 weeks' after Brexit trigger: European source
Scotland's nationalist first minister, Nicola Sturgeon, is seeking a referendum on independence within two years. The deal would have to be agreed by all the EU's national and some regional parliaments.

A Backstreet Boy named his new baby 'Lyric,' obviously
The happy couple welcomed their second child together-a baby girl-at 5:10 p.m. on Sunday, March 19, in L.A, People reports . Their baby daughter's name is simply stunning, and beautifully fitting for her father's art.

© 2015 Vivere Milano. All Rights reserved.