Frontier stock: buy or sell?

FTR stock price: $1.01 0.00% At close on September 20th, 2019

Updated on:
September 20th, 2019

1

After sliding a frightening -7.92% yesterday, Frontier closed today at $1.01 and stayed steady a tight 0.00%. On Monday FTR skyrocketed an amazing 7.89%.

Frontier Communications Corporation provides communications services to residential, business, and wholesale customers in the United States.

Should I buy Frontier stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to choose your own trading strategy that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Frontier stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean FTR will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Frontier Communications stock a buy?

Banks and financial institutions publish stock ratings everyday. At Stocks2.com, we gathered 4 ratings published for FTR stock in the last month.

The general sentiment of these ratings is bearish for FTR stock, with 1 negative ratings.
Is FTR a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-6-20CitigroupSellPositive
2019-2-27Cowenn/aHold
2019-2-19Raymond JamesMarket OutperformMarket Perform
2019-1-8Wells Fargo & CoMarket PerformUnderperform

Frontier stock analysis

Daily outlook

After sliding a frightening -7.92% yesterday, Frontier closed today at $1.01 and stayed constant a tight 0.00%.

After sliding a frightening -7.92% yesterday, Frontier closed today at $1.01 and stayed stable a tight 0.00%. Since price and SMA100d lines crossed down on May, FTR fell $-1.84 per share (-64.56%).

FTR stock chart (daily)

Weekly outlook

After boosting an amazing 22.86% in a week last week, Frontier closed this week at $1.01 and slipped a terrible -3.81%. By mid August FTR plummed a hair-raising -5.41% in just one week.

Since late April, when FTR stock price broke down the 20-weeks moving avarage line, it slid $-1.63 per share (-61.74%).

FTR stock chart (weekly)

Frontier stock price history

Frontier stock went public on March 27th, 1980 with a price of $3.741. Since then, FTR stock declined a -73.00%, with a yearly average of -1.90%.

1: Adjusted price after possible price splits or reverse-splits.

Frontier stock historical price chart

FTR stock reached 52-week highs on October at $7.25, and all-time highs 2015-02-17 with a price of 89.79.

Frontier stock price target is $2.10

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we found 3 price targets for FTR stock:
FTR stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-6-20CitigroupRaises Target$1.00$1.5050%
2019-2-27CowenReiteratesn/a$3.00-
2019-1-8Wells Fargo & CoDowngrades$5.00$1.75-65%
(in average)$3.00$2.10-30.0%
Moving in a range from $3.00 and $1.50, the price forecast for Frontier stock is $2.10. In average, analysts' outlook on FTR price forecast is negative, downsizing the prediction by a -30.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Frontier reported exceptional results for 2018-Q4 on February. Frontier rocketed Earnings per Share (EPS) by 50.00%, beating analysts consensus of $-0.04. Frontier posted $-0.06.
FTR earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a-2.34n/a
2017-Q32017-10-31-1.15-0.94n/a
2017-Q42018-02-27-1.12-0.59n/a
2018-Q12018-05-01-0.83-0.58n/a
2018-Q22018-07-31-0.83-0.8n/a
2018-Q32018-11-06-0.2-0.07n/a
2018-Q42019-02-26-0.04-0.06n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Frontier Communications annual turnover fell a tragic -5.66% to $8,611.00 million dollars from $9,128.00 marked in 2017. When comparing 2018 vs 2017, in contrast, profit margin (that is, the net income divided by revenues) skyrocketed a 12.30% to -7.47%.

FTR annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$4,760 M-$110 M2.3%-
2014$4,772 M0.26%$133 M2.8%20.48%
2015$5,576 M16.84%$-196.00 M-3.5%-247.49%
2016$8,896 M59.54%$-373.00 M-4.2%90.31%
2017$9,128 M2.61%$-1,804.00 M-19.8%383.65%
2018$8,611 M-5.66%$-643.00 M-7.5%-64.36%

Quarterly financial results

Frontier Communications reported $2,124.00 M in sales for 2018-Q4, a -0.09% decline compared to previous quarter. Reported quarter earnings marked $-219.00 million with a profit margin of -10.31%. Profit margin rose a 9.73% compared to previous quarter when profit margin was -20.04%. When comparing turnover to same quarter last year, Frontier sales marked an awful loss and depreciated a -4.19%. Looking back to recent quarterly results, Frontier Communications posted 6 positive quarters in a row.
FTR quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$2,300 M-$-663.00 M-28.8%-
2017-Q3$2,251 M-2.13%$-38.00 M-1.7%-94.27%
2017-Q4$2,217 M-1.51%$-1,029.00 M-46.4%2,607.89%
2018-Q1$2,199 M-0.81%$20.00 M0.9%-101.94%
2018-Q2$2,162 M-1.68%$-18.00 M-0.8%-190.00%
2018-Q3$2,126 M-1.67%$-426.00 M-20.0%2,266.67%
2018-Q4$2,124 M-0.09%$-219.00 M-10.3%-48.59%
2019-Q1$2,101 M-1.08%$-87.00 M-4.1%-60.27%

Frontier ownership

When you are planning to invest in a stock, it's worth to overview its ownership structure.

Frontier shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.57% of all shares.

In case of Frontier stock, 79.68% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for FTR stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Frontier Communications:

FTRCTLGTTSHENTU
Market cap$106.4 M$13.6 B$552.9 M$1.6 B$22.2 B
Total shares105.4 M1,090.0 M56.4 M49.9 M601.0 M
Float shares103.6 M985.1 M28.5 M47.0 M601.2 M
  - Institutional holdings (%)79.7%75.2%91.1%50.5%14.5%
  - Insider holdings (%)1.6%0.8%18.8%5.4%41.0%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Frontier summary

Friday, September 20th, 2019
Open$1.00
Close$1.01
Day range$0.90 - $1.08
Previous close$1.01
Session gain0.00%
Average true range$0.12
50d mov avg$1.05
100d mov avg$1.43
200d mov avg$1.95
Daily patternlt03a
Weekly pattern lt03a

Frontier performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Frontier Communications, the comparison is made against CenturyLink, GTT Communications, Shenandoah Telecommunications and TELUS.
Stock3m6m12m
FTRFrontier Communic...-27.34%-54.09%-84.39%
CTLCenturyLink12.89%7.65%-39.92%
GTTGTT Communication...-57.05%-69.68%-78.83%
SHENShenandoah Teleco...-19.51%-27.78%-14.52%
TUTELUS2.35%4.47%6.45%

Frontier competitors

We picked a few stocks to conform a list of Frontier Communications competitors to review if you are interested in investing in FTR: