FTR’s analyst recommendations
As of February 1, 2018, 16 analysts from different brokerage firms have been actively tracking Frontier Communications (FTR) stock. It’s worth noting that five of these analysts rated the stock as a “sell,” while three rated the stock as a “buy,” and eight rated the stock as a “hold.”
Nearly 50% of Wall Street analysts have given the telecom company a “hold” recommendation.
12-month target price
The analyst consensus indicates that Frontier’s 12-month target price is $12.43, which means a potential return of 54% from its closing price of $8.08 as of February 1, 2018.
Frontier has generated returns of -84.20% in the trailing-12-month period and of ~19.5% in the trailing-one-month period. Frontier’s share price has fallen ~2.5% in the trailing-five-day period.
By comparison, Windstream (WIN) and CenturyLink (CTL) have generated returns of about -8.8%, and 0.96%, respectively, in the trailing-five-day period. Meanwhile, integrated US telecom giants AT&T (T) and Verizon Communications (VZ) have generated returns of ~4.6%, and 0.02%, respectively, in the trailing-five-day period.
As of February 1, 2018, Frontier has an MACD (moving average convergence divergence) of 0.02. By comparison, CenturyLink’s MACD is 0.33, and Windstream’s is -0.08.
Remember, a positive MACD figure suggests that a stock is in upward trading trend, while a negative MACD figure suggests a downward trading trend.
Now let’s assess Frontier Communications’ video customer acquisitions in 4Q17.