Frontier Communications Corp (NASDAQ:FTR) & Hornbeck Offshore
- Author: Zachary Reyes Feb 25, 2017,
Feb 25, 2017, 15:53
This appreciation has taken its price 54.79% above the 52-week low.
Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. Plug Power Inc. The stock touched its 52-Week High on April 25, 2016 and 52-Week Low on Feb 9, 2017. The stock traded with the volume of 18.85 Million shares in the last trading session. The rating firm gave a Market Perform rating to this stock in a research note published on Nov 02, 2016.
Cadence Capital Management LLC cut its stake in shares of Frontier Communications Corporation (NASDAQ:FTR) by 75.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Thus the company showed an Earnings Surprise of 0 Percent. Currently, the company has SMA200 (200-day simple moving average) of -16.91 Percent. Plug Power Inc. has P/S value of 2.56 while its P/B value stands at 2.31. While it's Return on Investment (ROI) value is 4.2%. This rating was issued on 11/02/16. (NASDAQ:PLUG). On 6-Dec-16 Rodman & Renshaw Initiated Plug Power Inc. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company's stock. The stock hit 1-yearhigh at $5.94 and a low of $2.92 in the same period. Generally speaking, earnings are expected to grow in coming quarters. EPS ratio determined by looking at last 12 month figures is -0.53.
11/02/2016 - Frontier Communications Corporation was downgraded to " by analysts at Wells Fargo.
04/08/2016 - Frontier Communications Corporation had its "outperform" rating reiterated by analysts at Cowen. It also provides local and long distance voice services, enhanced services, long distance network services and packages of communications services.
Frontier Communications Corporation (Frontier) offers a range of voice, data, and video services and products.
FT reports, The 12 analysts offering 12 month price targets for Frontier Communications Corp have a median target of 4.60, with a high estimate of 7.50 and a low estimate of 3.00. The median estimate represents a +47.49% increase from the last price of 3.39.
Frontier Communications Corporation had its " rating reiterated by analysts at Jefferies. 0 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell). The Stock opened its session at $3.38 and closed at $3.39 by showing increase of 1.19 percent. The Market Capitalization of the company stands at 3.93 Billion. The firm touched its 52-Week high on Mar 7, 2016 and 52-Week low on Nov 4, 2016. Given that its average daily volume over the 30 days has been 20.64 million shares a day, this signifies a pretty significant change over the norm. That is compared with the $0.05 in EPS it reported during the same period a year ago.
On a consensus basis, prevalent market analysts have fixed target price of $5.118 for Frontier Communications Corporation (NASDAQ:FTR). The difference between the actual and Estimated EPS is $0.
Executives hold 0.93 percent of the stock. Likewise, the positive performance for the quarter was recorded as 0.99% and for the year was -27.63%, while the YTD performance remained at -0.89%.
Currently, the stock carries a price to earnings ratio of 31.56, a price to book ratio of 3.87, and a price to sales ratio of 3.01.
The stock showed weekly upbeat performance of 0.30%, which was maintained for the month at -5.37%. Finally, Zacks Investment Research raised shares of Frontier Communications Corporation from a "hold" rating to a "buy" rating and set a $6.00 price target on the stock in a report on Friday, February 26th.