Shares of Frontier Communications Corp (NASDAQ:FTR) fell -2.37% to reach at $3.29 during previous trading session. The company has experienced volume of 30,812,149 shares while on average the company has a capacity of trading 21.12M share.
Frontier Communications Corp (NASDAQ:FTR) on February 27, 2017 reported its fourth quarter and full year 2016 results and provided an update on its progress with its wireline properties acquired from Verizon in California, Texas, and Florida.
Financial Highlights for the Fourth Quarter 2016:
- Revenue of $2,409 million
- Operating income of $255 million; operating margin of 10.6%
- Net loss attributable to common shareholders of $133 million, or ($0.12) per share, and net loss of $80 million
- Adjusted EBITDA of $966 million; Adjusted EBITDA margin of 40.0%
- Net cash provided from operating activities of $714 million
- Adjusted free cash flow of $316 million
Frontier Communications Corp (NASDAQ:FTR) holds the market capitalization of $3.77B along with 1.17B outstanding shares. During the last trade, stock’s minimum price has been reached out at $3.28 while the maximum trading price moved at $3.39. Currently the stock price is moving -38.38% off from the highest level of twelve months and +9.42% above from twelve months low. Frontier Communications Corp (NASDAQ:FTR) marked 52-week highest price level of $5.34 on 03/07/16 and 52-week lowest price level of $3.01 on 11/04/16. For the stock, price target value has been calculated at $4.65 based on calls of 12 experts. Stock’s minimum price target estimates has been figured out at $3.00 while the maximum price target forecast is established at $7.50.
As of current trade, Frontier Communications Corp (NASDAQ:FTR)’s six months performance indicated a bearish movement while its yearly performance reflected a negative trend of -33.51%. Year-to-date (YTD) performance of the stock illustrate downbeat trend of -2.66%. Shares of Frontier Communications Corp (NASDAQ:FTR) currently have an ABR of 2.00, derived from a total of 11 opinions. The company’s price sits -4.58% below from its 50-day moving average of $3.42 and -19.05% below from the stock’s 200-day moving average of $3.82. The company has Relative Strength Index (RSI 14) of 43.20 along with Average True Range (ATR 14) of 0.09. Its weekly and monthly volatility is 2.43%, 2.60% respectively. The company’s beta value is at 0.72.
Frontier Communications Corp (NASDAQ:FTR)’s price to sales ratio for trailing twelve months is 0.49 and price to book ratio for most recent quarter is 0.80, whereas price to cash per share for the most recent quarter is 11.73. Frontier Communications Corp (NASDAQ:FTR)’s quick ratio for most recent quarter is 0.70 along with current ratio for most recent quarter of 0.70. Total debt to equity ratio of the company for most recent quarter is 3.77 whereas long term debt to equity ratio for most recent quarter is 3.66. Frontier Communications Corp (NASDAQ:FTR) has a Return on Assets of -2.20%. The company currently has a Return on Equity of -11.80% and Return on Investment of 4.20%.