Consensus Estimates and Trading Data for Frontier Communications Corporation (FTR)

In the past 52-week period, shares of Frontier Communications Corporation (NASDAQ:FTR) have moved within the range of $6.08 to $57.30. On the stock’s most recent trading day, the company’s shares ended the regular session at $7.93, which is 86.16% higher than its 52-week high.

Frontier Communications Corporation (FTR) has demonstrated a 20-day simple moving average (SMA) of -0.43%, and a 50-day SMA of -23.43%. This public company’s current market capitalization stands at $659.70 million.

Analyzing Consensus Estimates, Sales Revenue and Net Income

When considering entering a position, it is crucial to understand the average enthusiasm level expressed by Wall Street analysts for that particular stock. According to the latest data, the consensus recommendation for Frontier Communications Corporation (FTR) is Hold.

Publicly-traded organizations typically post revenue and earnings results that fall either above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Frontier Communications Corporation (FTR) delivered a 0.10% surprise with its net revenue. Sales reached $2.25 billion during the three-month period, compared to the average analyst estimate of $2.25 billion.

Meanwhile, during the same quarter Frontier Communications Corporation (FTR) delivered a -18.30% earnings surprise. Net earnings for the quarter were posted at -$0.94 per share, whereas Wall Street had forecast -$1.15 per share.

Ownership at Frontier Communications Corporation (FTR), According to Most Recent SEC Filings

We can find critical insight by examining institutional ownership, which are reported in public companies’ most recent 13F filings. Frontier Communications Corporation (FTR) has 0 billion shares outstanding currently, 67.71% of which belong to institutional investors. Those institutional holdings amount to $0.4 billion.

Additionally, according to the most recent 13F filing from Frontier Communications Corporation (FTR), there were 85 new positions totaling 2,347,435 shares of the company’s stock. There were 144 sold out positions, on the other hand, totaling 11,636,398 shares.

Short, Medium and Long Term Indicators

A stock’s average trade volume, as recorder over the short, medium and long terms, is helpful to analyze in order to gain a better understanding of trading activity and investor sentiment. Frontier Communications Corporation (FTR) has had a 20-day average volume of 5,085,100 shares, with an average of 0% of short term indicators pointed at Hold.

The stock’s 50-day average volume has been 3,330,996 shares, with an average of 75% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 3,189,732 shares with 67% of long-term indicators pointing to Sell.