Analyst Revises Frontier Communications Corporation (NASDAQ:FTR) Stock Target


Frontier Communications Corporation (NASDAQ:FTR) mean price target has been set at $5.850 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $-0.030 in the near-term quarter and $-0.110 for the ongoing fiscal. The market cap of Frontier Communications Corpora was recorded at $5.71B after the stock closed at $4.930 in last trading day.

What The Valuation Says?

The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Frontier Communications Corporation (NASDAQ:FTR) has a P/E ratio of N/A. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio.

Frontier Communications Corporation (NASDAQ:FTR) PEG ratio sits at -8.440. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks.

Technical Perspective

The technical analysis of Frontier Communications Corpora visibly illustrates that the 50-day MA of Frontier Communications Corpora is $5.007, and stock is trading $-0.102 points away or -2.029% from its 50-day moving average of $5.007. Further it is trading $-0.193 or -3.781% away its 200-day moving average of $5.098. Frontier Communications Corporation (NASDAQ:FTR) 52-week high is $5.850 and the 52-week low is $3.810. This represents that if the stock moves $-0.945 points up on the chart to it will make a 52-week high. But, if it declines +28.740%, then the shares price can hit a new 52-week low.

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