Many analysts are providing their Estimated Earnings analysis for Frontier Communications Corporation and for the current quarter 9 analysts have projected that the stock could give an Average Earnings estimate of $-0.05/share.
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. The stock has a quick ratio of 0.60 and a current ratio of 0.60. CHK right now sits at consensus rating of 2.90 while 4 analysts have advocated the shares as "BUY", 2 calls it an "OUTPERFORM" and 23 suggest "HOLD".
When we look at the Analyst Recommendations of the stock, the company has 2.42 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell.
Note the stock price at publication ($2.49), since the technical rating is based on intraday stock prices.
Zacks Investment Research also rated the stock with a value of 2.42. The Next Year EPS growth is 61.1%, Long term annual growth estimate of 7.3%, Annual EPS growth past 5 years of -24.6 percent. Beta factor, which measures the riskiness of the security, was registered at 0.71. BlackRock Institutional Trust Company N.A. increased its stake in Frontier Communications Corp by 0.7% in the third quarter. Analysts are forecasting earnings of $-0.04 on a per share basis this quarter. While in the same Quarter Previous year, the Actual EPS was $0.01. The year ago sales the company reported in the same quarter is 1.36 Billion. This estimate is provided by 10 analysts.
For the upcoming quarter, initial predictions are anticipating that the company will post earnings of $-0.05 per share according to consensus of 9 analysts. The company's previous year sales total was 1.36 Billion.
In recent action, Frontier Communications Corporation (FTR) has made a move of -18.60% over the past month, which has come on Strong relative transaction volume. The Monthly and Yearly performances are -22.87 percent and -49.35 percent respectively.
The Company got Downgrade by BofA/Merrill on 7-Mar-17 from Buy to Neutral. Strs Ohio now owns 2,650,000 shares of the company's stock worth $11,024,000 after buying an additional 950,000 shares during the period.
Frontier Communications Corporation (NASDAQ:FTR) now has a consensus Price Target of $3.58.
When a company releases earnings information, the results have the possibility of causing short-term stock movements whether the company misses or beats projections.
According to sentiments of 10 analysts the company is expected to report revenues of $2.35B for the current quarter. Frontier Communications Corp has a one year low of $2.49 and a one year high of $5.75.
While Looking at Sales Growth (Year/est), the company is now showing a percentage value of -100 percent. The Return on Investment (ROI) is at 5.1% while it's Return on Equity (ROE) value stands at -12%.
The stock is now showing YTD performance of -21.01 Percent.
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. The Stock now has a Weekly Volatility of 5.36% and Monthly Volatility of 3.52%.