Frontier stock: buy or sell?
September 20th, 2019
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-2-19||Raymond James||Market Outperform||Market Perform|
|2019-1-8||Wells Fargo & Co||Market Perform||Underperform|
Frontier stock analysis
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%).
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%).
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 $2.10Predicting 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-1-8||Wells Fargo & Co||Downgrades||$5.00||$1.75||-65%|
Financials and fundamental analysis
Earnings date and Earnings per ShareFrontier 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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%.
|2013||$4,760 M||-||$110 M2.3%||-|
|2014||$4,772 M||0.26%||$133 M2.8%||20.48%|
|2015||$5,576 M||16.84%||$-196.00 M-3.5%||-247.49%|
|2016||$8,896 M||59.54%||$-373.00 M-4.2%||90.31%|
|2017||$9,128 M||2.61%||$-1,804.00 M-19.8%||383.65%|
|2018||$8,611 M||-5.66%||$-643.00 M-7.5%||-64.36%|
Quarterly financial resultsFrontier 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.
|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 ownershipWhen 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:
|Market cap||$106.4 M||$13.6 B||$552.9 M||$1.6 B||$22.2 B|
|Total shares||105.4 M||1,090.0 M||56.4 M||49.9 M||601.0 M|
|Float shares||103.6 M||985.1 M||28.5 M||47.0 M||601.2 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$0.90 - $1.08|
|Average true range||$0.12|
|50d mov avg||$1.05|
|100d mov avg||$1.43|
|200d mov avg||$1.95|
Frontier performanceStocks 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.