Should I buy or sell Frontier Communications Parent stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Frontier Communications Parent in the last year. There are currently 1 sell rating, 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FYBR shares. View FYBR analyst ratings or view top-rated stocks .

What is Frontier Communications Parent's stock price target for 2024?

9 equities research analysts have issued 1-year price targets for Frontier Communications Parent's stock. Their FYBR share price targets range from $16.00 to $41.00. On average, they expect the company's stock price to reach $28.00 in the next twelve months. This suggests a possible upside of 20.0% from the stock's current price. View analysts price targets for FYBR or view top-rated stocks among Wall Street analysts .

How have FYBR shares performed in 2023?

Frontier Communications Parent's stock was trading at $25.48 at the beginning of 2023. Since then, FYBR shares have decreased by 8.4% and is now trading at $23.34. View the best growth stocks for 2023 here .

Are investors shorting Frontier Communications Parent?

Frontier Communications Parent saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 25,690,000 shares, a decline of 7.7% from the October 31st total of 27,820,000 shares. Based on an average trading volume of 2,570,000 shares, the days-to-cover ratio is currently 10.0 days. Currently, 11.8% of the company's stock are short sold. View Frontier Communications Parent's Short Interest .

When is Frontier Communications Parent's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, February 23rd 2024. View our FYBR earnings forecast .

How were Frontier Communications Parent's earnings last quarter?

Frontier Communications Parent, Inc. (NASDAQ:FYBR) issued its quarterly earnings data on Wednesday, November, 1st. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.06) by $0.11. The business had revenue of $1.44 billion for the quarter, compared to analysts' expectations of $1.44 billion. Frontier Communications Parent had a trailing twelve-month return on equity of 3.22% and a net margin of 2.90%. The company's revenue for the quarter was down .9% on a year-over-year basis. During the same quarter last year, the company earned $0.49 EPS.

What ETFs hold Frontier Communications Parent's stock?

ETFs with the largest weight of Frontier Communications Parent (NASDAQ:FYBR) stock in their portfolio include SPDR S&P Telecom ETF (XTL) , iShares U.S. Telecommunications ETF (IYZ) , iShares Focused Value Factor ETF (FOVL) , Roundhill IO Digital Infrastructure ETF (BYTE) , Syntax Stratified MidCap ETF (SMDY) , First Trust Mid Cap Value AlphaDEX Fund (FNK) , Invesco Russell 1000 Equal Weight ETF (EQAL) and Vanguard Communication Services ETF (VOX) .

Who are Frontier Communications Parent's major shareholders?

Frontier Communications Parent's stock is owned by a number of retail and institutional investors. Top institutional investors include Glendon Capital Management LP (9.85%), Canada Pension Plan Investment Board (3.99%), JANA Partners Management LP (3.37%), ANTIPODES PARTNERS Ltd (3.05%), Oaktree Capital Management LP (1.14%) and Charles Schwab Investment Management Inc. (1.08%). Insiders that own company stock include Ares Management Llc and John G Stratton . View institutional ownership trends .

How do I buy shares of Frontier Communications Parent?

Shares of FYBR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Frontier Communications Parent Stock Price, News & Analysis (NASDAQ:FYBR)

$23.34

+0.25 (+1.08%)

(As of 12/8/2023 ET)

Compare

Today's Range: $22.94
▼
$23.64
50-Day Range: $14.06
▼
$23.65
52-Week Range: $11.65
▼
$30.83

Volume: 1.40 million shs
Average Volume: 1.43 million shs
Market Capitalization: $5.74 billion

P/E Ratio: 34.32
Dividend Yield: N/A
Price Target: $28.00

Frontier Communications Parent MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 20.0% Upside
$28.00 Price Target
Short Interest: Bearish
11.77% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.62
Based on 5 Articles This Week
Insider Trading: Acquiring Shares
$8.72 M Bought Last Quarter
Proj. Earnings Growth: Decreasing
From ($0.14) to ($0.23) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.75 out of 5 stars

Computer And Technology Sector

460th out of 594 stocks

Telephone Communication, Except Radio Industry

18th out of 22 stocks

2.3

Analyst's Opinion

Consensus Rating
Frontier Communications Parent has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 5 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $28.00, Frontier Communications Parent has a forecasted upside of 20.0% from its current price of $23.34.
Amount of Analyst Coverage
Frontier Communications Parent has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
11.77% of the float of Frontier Communications Parent has been sold short.
Short Interest Ratio / Days to Cover
Frontier Communications Parent has a short interest ratio ("days to cover") of 10, which indicates bearish sentiment.
Change versus previous month
Short interest in Frontier Communications Parent has recently decreased by 7.66%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Frontier Communications Parent does not currently pay a dividend.
Dividend Growth
Frontier Communications Parent does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FYBR.

2.6

News and Social Media Coverage

News Sentiment
Frontier Communications Parent has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Frontier Communications Parent this week, compared to 2 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Frontier Communications Parent insiders have bought more of their company's stock than they have sold. Specifically, they have bought $8,716,500.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.20% of the stock of Frontier Communications Parent is held by insiders.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Frontier Communications Parent are expected to decrease in the coming year, from ($0.14) to ($0.23) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Frontier Communications Parent is 34.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 108.68.
Price to Earnings Ratio vs. Sector
The P/E ratio of Frontier Communications Parent is 34.32, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 205.96.
Price to Book Value per Share Ratio
Frontier Communications Parent has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Frontier Communications Parent Stock (NASDAQ:FYBR)

Frontier Communications Parent, Inc., together with its subsidiaries, provides communication and technology services in the United States. It offers data and Internet, voice, video, and other services. The company was formerly known as Frontier Communications Corporation and changed its name to Frontier Communications Parent, Inc. in April 2021. Frontier Communications Parent, Inc. was incorporated in 1935 and is headquartered in Dallas, Texas.

FYBR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FYBR Stock News Headlines

December 9, 2023 | americanbankingnews.com

Benchmark Reiterates "Buy" Rating for Frontier Communications Parent (NASDAQ:FYBR)

December 6, 2023 | msn.com

Jana Partners sets its sights on Frontier telecom

December 9, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 22, 2023 | seekingalpha.com

Frontier Communications: Mixed Q2 Results, But Network Adds And ARPU Expected To Grow

November 8, 2023 | finance.yahoo.com

Frontier Teams Up With Amazon’s eero to Make the Future of Fast a Reality

November 2, 2023 | finance.yahoo.com

Frontier Communications Parent, Inc. (NASDAQ:FYBR) Q3 2023 Earnings Call Transcript

November 1, 2023 | finance.yahoo.com

Frontier Communications Parent Inc (FYBR) Reports Q3 2023 Earnings

November 1, 2023 | finance.yahoo.com

Frontier Reports Third-Quarter 2023 Results

December 9, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

October 30, 2023 | insidermonkey.com

Billionaire Marc Lasry’s Top 5 Stock Picks

October 20, 2023 | msn.com

Why Frontier Communications Parent Stock Was Surging This Week

October 19, 2023 | msn.com

Frontier Communications gains amid report of activist Jana stake, sale call (update)

October 2, 2023 | tmcnet.com

Frontier to Report Third-Quarter 2023 Earnings on November 1…

September 14, 2023 | finance.yahoo.com

ARES MANAGEMENT LLC Boosts Stake in Frontier Communications Parent Inc

September 13, 2023 | finance.yahoo.com

Frontier Relocates Headquarters to Dallas

August 25, 2023 | finance.yahoo.com

ARES MANAGEMENT LLC Acquires Stake in Frontier Communications Parent Inc

August 18, 2023 | benzinga.com

ROSEN, A TOP RANKED LAW FIRM, Encourages Frontier Communications Parent, Inc. Investors to Inquire About Securities Class Action Investigation - FYBR

August 15, 2023 | finance.yahoo.com

Frontier Communications considers headquarters move to Dallas

August 15, 2023 | finance.yahoo.com

Tampa is in the running for Frontier Communications headquarters

August 11, 2023 | fool.com

Frontier Communications Parent (NASDAQ: FYBR)

August 7, 2023 | markets.businessinsider.com

Frontier Communications Parent (FYBR) Gets a Buy from Goldman Sachs

August 4, 2023 | finance.yahoo.com

Frontier Reports Second-Quarter 2023 Results

August 4, 2023 | seekingalpha.com

Frontier Communications Parent, Inc. 2023 Q2 - Results - Earnings Call Presentation

August 3, 2023 | benzinga.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Frontier Communications Parent, Inc. – FYBR

August 3, 2023 | seekingalpha.com

Frontier Communications Parent Q2 2023 Earnings Preview

August 2, 2023 | finance.yahoo.com

Frontier Announces $1.6 Billion Fiber Securitization Offering and $500 Million Variable Funding Notes Commitment

August 1, 2023 | msn.com

Unusual Call Option Trade in Frontier Communications Parent (FYBR) Worth $1,479.00K

See More Headlines

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Company Calendar

Last Earnings: 11/01/2023
Today: 12/09/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/23/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Telephone communication, except radio
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:FYBR
CUSIP: N/A
CIK: 20520
Web: www.frontier.com
Phone: 203-614-5600
Fax: N/A
Employees: 14,700
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $28.00
High Stock Price Target: $41.00
Low Stock Price Target: $16.00
Potential Upside/Downside: +20.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.68
Trailing P/E Ratio: 34.32
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $441 million
Net Margins: 2.90%
Pretax Margin: 2.64%
Return on Equity: 3.22%
Return on Assets: 0.86%

Debt

Debt-to-Equity Ratio: 2.15
Current Ratio: 1.36
Quick Ratio: 1.36

Sales & Book Value

Annual Sales: $5.79 billion
Price / Sales: 0.99
Cash Flow: $6.57 per share
Price / Cash Flow: 3.55
Book Value: $20.95 per share
Price / Book: 1.11

Miscellaneous

Outstanding Shares: 245,790,000
Free Float: 245,297,000
Market Cap: $5.74 billion
Optionable: Optionable
Beta: 1.05

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Key Executives

Mr. John G. Stratton (Age 61)
Executive Chairman of the Board
Comp: $3.07M
Mr. Nicholas Simon Jeffery (Age 55)
President, CEO & Director
Comp: $3.99M
Mr. Scott C. Beasley (Age 42)
Executive VP & CFO
Comp: $2.83M
Mr. Mark D. Nielsen (Age 58)
Executive VP and Chief Legal & Regulatory Officer
Comp: $1.83M
Ms. Veronica Bloodworth (Age 52)
Executive VP & Chief Network Officer
Comp: $1.33M
Mr. William McGloin (Age 52)
Chief Accounting Officer & Controller
Mr. Spencer Harris Kurn
Senior Vice President of Investor Relations
Ms. Erin L. Kurtz (Age 44)
Executive VP & Chief Communications Officer
Mr. Rob Curtis Ph.D.
Senior VP & Chief Marketing Officer
Mr. M. Alan Gardner (Age 63)
Executive VP & Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FYBR Stock Analysis - Frequently Asked Questions

Should I buy or sell Frontier Communications Parent stock right now?: 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Frontier Communications Parent in the last year. There are currently 1 sell rating, 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FYBR shares.
View FYBR analyst ratings or view top-rated stocks.
What is Frontier Communications Parent's stock price target for 2024?: 9 equities research analysts have issued 1-year price targets for Frontier Communications Parent's stock. Their FYBR share price targets range from $16.00 to $41.00. On average, they expect the company's stock price to reach $28.00 in the next twelve months. This suggests a possible upside of 20.0% from the stock's current price.
View analysts price targets for FYBR or view top-rated stocks among Wall Street analysts.
How have FYBR shares performed in 2023?: Frontier Communications Parent's stock was trading at $25.48 at the beginning of 2023. Since then, FYBR shares have decreased by 8.4% and is now trading at $23.34.
View the best growth stocks for 2023 here.
Are investors shorting Frontier Communications Parent?: Frontier Communications Parent saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 25,690,000 shares, a decline of 7.7% from the October 31st total of 27,820,000 shares. Based on an average trading volume of 2,570,000 shares, the days-to-cover ratio is currently 10.0 days. Currently, 11.8% of the company's stock are short sold.
View Frontier Communications Parent's Short Interest.
When is Frontier Communications Parent's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, February 23rd 2024.
View our FYBR earnings forecast.

How were Frontier Communications Parent's earnings last quarter?: Frontier Communications Parent, Inc. (NASDAQ:FYBR) issued its quarterly earnings data on Wednesday, November, 1st. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.06) by $0.11. The business had revenue of $1.44 billion for the quarter, compared to analysts' expectations of $1.44 billion. Frontier Communications Parent had a trailing twelve-month return on equity of 3.22% and a net margin of 2.90%. The company's revenue for the quarter was down .9% on a year-over-year basis. During the same quarter last year, the company earned $0.49 EPS.
What ETFs hold Frontier Communications Parent's stock?: ETFs with the largest weight of Frontier Communications Parent (NASDAQ:FYBR) stock in their portfolio include SPDR S&P Telecom ETF (XTL), iShares U.S. Telecommunications ETF (IYZ), iShares Focused Value Factor ETF (FOVL), Roundhill IO Digital Infrastructure ETF (BYTE), Syntax Stratified MidCap ETF (SMDY), First Trust Mid Cap Value AlphaDEX Fund (FNK), Invesco Russell 1000 Equal Weight ETF (EQAL) and Vanguard Communication Services ETF (VOX).
Who are Frontier Communications Parent's major shareholders?: Frontier Communications Parent's stock is owned by a number of retail and institutional investors. Top institutional investors include Glendon Capital Management LP (9.85%), Canada Pension Plan Investment Board (3.99%), JANA Partners Management LP (3.37%), ANTIPODES PARTNERS Ltd (3.05%), Oaktree Capital Management LP (1.14%) and Charles Schwab Investment Management Inc. (1.08%). Insiders that own company stock include Ares Management Llc and John G Stratton.
View institutional ownership trends.
How do I buy shares of Frontier Communications Parent?: Shares of FYBR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:FYBR) was last updated on 12/9/2023 by MarketBeat.com Staff

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