According to data compiled by Reuters, as of November 27, 14 analysts from different brokerage companies have been actively tracking Frontier Communications (FTR) stock. One has rated the stock as a “buy,” six have rated the stock as a “hold,” and seven have rated the stock as a “sell.” Nearly 50% of analysts have given the company “sell” ratings.
According to Wall Street analysts’ consensus, Frontier stock has a median target price of $4.75. The stock’s current market price is $3.61, which indicates a potential upside of 32% over the next 12 months.
Frontier has generated returns of -52.6% in the trailing-12-month period and -19.1% in the trailing-one-month period. Frontier’s share price has fallen 5.3% in the last five trading days. In comparison, Windstream Holdings (WIN) and CenturyLink (CTL) have generated returns of -10.3% and -2.4%, respectively, in the last five trading days. Meanwhile, integrated US telecommunications giants AT&T (T) and Verizon (VZ) have generated returns of 0.3% and 0.1%, respectively, in the last five trading days.
Wall Street analysts’ estimates
Wall Street analysts expect Frontier to report a ~6.1% fall in revenue to $8.6 billion in 2018 compared to $9.1 billion in 2017. Its EPS are expected to be -$4.86 in 2018 compared to -$3.79 in 2017.