uploads///Telecom Frontier Q Analysts Recommendations

How Is Frontier Communications Stock Placed for 2019?


Dec. 4 2020, Updated 10:53 a.m. ET

Analysts on Frontier stock

On January 3, Frontier Communications (FTR) had “buy” ratings from one out of 13 analysts and “hold” ratings from six analysts. Six analysts had “sell” ratings on the stock. Frontier stock has fallen ~67.6% in the trailing-12-month period and ~1.7% year-to-date.

Based on the stock’s January 3 price of $2.34, analysts’ consensus target price of $5.25 implies that the stock has the potential to rise ~124.4% over the next 12 months. This target price has risen from $5.16 a month ago.

Article continues below advertisement

Analysts’ revenue expectations

Analysts expect Frontier to post revenue of $2.1 billion in the fourth quarter to take its total revenue for 2018 to $8.6 billion, down ~6.1% YoY (year-over-year) from $9.1 billion in 2017. Analysts expect the company’s revenue to fall ~4.6% YoY to $8.2 billion in 2019.

In comparison, Comcast’s (CMCSA) revenue is expected to rise ~26.2% YoY to $27.7 billion in the fourth quarter, while Charter Communications’ (CHTR) revenue is expected to rise ~5% YoY to $11.1 billion.

In the integrated US telecommunications space, Verizon’s (VZ) revenue is expected to rise ~1.2% YoY to $34.4 billion in the fourth quarter, while AT&T’s (T) revenue is expected to rise ~15.9% YoY to $48.5 billion.


More From Market Realist

    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.