NASDAQ:FYBR

Frontier Communications Parent (FYBR) Stock Forecast, Price & News

$15.60

-0.30 (-1.89%)

(As of 09/22/2023 08:52 PM ET)

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Today's Range: $15.40
▼
$16.00
50-Day Range: $12.05
▼
$18.64
52-Week Range: $11.65
▼
$30.83

Volume: 2.49 million shs
Average Volume: 2.32 million shs
Market Capitalization: $3.83 billion

P/E Ratio: 13.93
Dividend Yield: N/A
Price Target: $29.20

Frontier Communications Parent MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.70 Rating Score
Upside/Downside: 87.2% Upside
$29.20 Price Target
Short Interest: Bearish
13.17% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.53
Based on 6 Articles This Week
Insider Trading: Acquiring Shares
$7.06 M Bought Last Quarter
Proj. Earnings Growth: Decreasing
From ($0.13) to ($0.27) Per Share

Overall MarketRank^™

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

2.44 out of 5 stars

Computer And Technology Sector

222nd out of 586 stocks

Telephone Communication, Except Radio Industry

7th out of 21 stocks

4.4

Analyst's Opinion

Consensus Rating
Frontier Communications Parent has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 6 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $29.20, Frontier Communications Parent has a forecasted upside of 87.2% from its current price of $15.60.
Amount of Analyst Coverage
Frontier Communications Parent has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
13.17% 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 9.5.
Change versus previous month
Short interest in Frontier Communications Parent has recently increased by 5.03%, indicating that investor sentiment is decreasing 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.

2.5

News and Social Media Coverage

News Sentiment
Frontier Communications Parent has a news sentiment score of 0.53. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Frontier Communications Parent this week, compared to 2 articles on an average week.
Search Interest
14 people have searched for FYBR on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Frontier Communications Parent to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

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 $7,058,985.00 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.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Frontier Communications Parent are expected to decrease in the coming year, from ($0.13) to ($0.27) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Frontier Communications Parent is 13.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.74.
Price to Earnings Ratio vs. Sector
The P/E ratio of Frontier Communications Parent is 13.93, 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 279.49.
Price to Book Value per Share Ratio
Frontier Communications Parent has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Frontier Communications Parent (NASDAQ:FYBR) Stock

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 based in Norwalk, Connecticut.

FYBR Price History

30 days | 90 days | 365 days | Advanced Chart

FYBR Stock News Headlines

September 23, 2023 | americanbankingnews.com

Contrasting Internet Gold - Golden Lines (OTCMKTS:IGLDF) and Frontier Communications Parent (NASDAQ:FYBR)

September 21, 2023 | americanbankingnews.com

Ares Management Llc Buys 100,000 Shares of Frontier Communications Parent, Inc. (NASDAQ:FYBR) Stock

September 25, 2023 | Behind the Markets (Ad)

BREAKING: Tiny biotech successfully treats blindness

There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.

September 21, 2023 | americanbankingnews.com

Frontier Communications Parent (NASDAQ:FYBR) Shares Gap Up Following Insider Buying Activity

September 17, 2023 | americanbankingnews.com

Frontier Communications Parent (NASDAQ:FYBR) PT Lowered to $33.00

September 16, 2023 | americanbankingnews.com

Frontier Communications Parent (NASDAQ:FYBR) Trading Down 3% on Analyst Downgrade

September 15, 2023 | americanbankingnews.com

Insider Buying: Frontier Communications Parent, Inc. (NASDAQ:FYBR) Major Shareholder Purchases 150,000 Shares of Stock

September 15, 2023 | americanbankingnews.com

Frontier Communications Parent (NASDAQ:FYBR) Shares Up 6.4% on Insider Buying Activity

September 25, 2023 | Behind the Markets (Ad)

BREAKING: Tiny biotech successfully treats blindness

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

July 20, 2023 | finance.yahoo.com

Frontier Communications (FYBR) Surges 26.3%: Is This an Indication of Further Gains?

July 19, 2023 | finance.yahoo.com

AT&T might spend $4 billion replacing lead cables, analysts estimate

July 19, 2023 | benzinga.com

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

July 17, 2023 | finance.yahoo.com

AT&T Stock Books Lowest Close Since 1993 as Telecom Shares Slide

See More Headlines

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FYBR Company Calendar

Last Earnings: 8/04/2023
Today: 9/24/2023
Next Earnings (Estimated): 11/01/2023
Fiscal Year End: 12/31/2023

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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 Forecast: $29.20
High Stock Price Forecast: $41.00
Low Stock Price Forecast: $16.00
Forecasted Upside/Downside: +87.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.70
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.12
Trailing P/E Ratio: 13.93
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $441 million
Net Margins: 4.78%
Pretax Margin: 5.82%
Return on Equity: 5.41%
Return on Assets: 1.46%

Debt

Debt-to-Equity Ratio: 1.89
Current Ratio: 0.85
Quick Ratio: 0.85

Sales & Book Value

Annual Sales: $5.79 billion
Price / Sales: 0.66
Cash Flow: $6.50 per share
Price / Cash Flow: 2.40
Book Value: $20.95 per share
Price / Book: 0.74

Miscellaneous

Outstanding Shares: 245,760,000
Free Float: 245,267,000
Market Cap: $3.83 billion
Optionable: Optionable
Beta: 0.98

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Key Executives

Mr. John G. Stratton (Age 61)
Exec. Chairman
Comp: $3.07M

Mr. Nicholas Simon Jeffery (Age 55)
Pres, CEO & Director
Comp: $3.99M

Mr. Scott C. Beasley (Age 42)
Exec. VP & CFO
Comp: $2.83M

Mr. Mark D. Nielsen (Age 58)
Exec. VP and Chief Legal & Regulatory Officer
Comp: $1.83M

Ms. Veronica Bloodworth (Age 52)
Exec. VP & Chief Network Officer
Comp: $1.33M

Mr. William McGloin (Age 52)
Chief Accounting Officer & Controller

Mr. Spencer Harris Kurn
Sr. VP of Investor Relations

Ms. Erin L. Kurtz (Age 44)
Exec. VP & Chief Communications Officer

Mr. Rob Curtis Ph.D.
Sr. VP & Chief Marketing Officer

Mr. M. Alan Gardner (Age 63)
Exec. VP & Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FYBR Stock - Frequently Asked Questions

Should I buy or sell Frontier Communications Parent stock right now?: 10 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, 6 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 forecast for 2023?: 10 equities research analysts have issued 1 year price targets for Frontier Communications Parent's stock. Their FYBR share price forecasts range from $16.00 to $41.00. On average, they predict the company's stock price to reach $29.20 in the next year. This suggests a possible upside of 87.2% 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 38.8% and is now trading at $15.60.
View the best growth stocks for 2023 here.
Are investors shorting Frontier Communications Parent?: Frontier Communications Parent saw a increase in short interest in August. As of August 31st, there was short interest totaling 28,800,000 shares, an increase of 5.0% from the August 15th total of 27,420,000 shares. Based on an average daily volume of 3,040,000 shares, the days-to-cover ratio is currently 9.5 days. Currently, 13.2% 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 Wednesday, November 1st 2023.
View our FYBR earnings forecast.
How were Frontier Communications Parent's earnings last quarter?: Frontier Communications Parent, Inc. (NASDAQ:FYBR) announced its quarterly earnings results on Friday, August, 4th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.01 by $0.02. The business earned $1.45 billion during the quarter, compared to the consensus estimate of $1.44 billion. Frontier Communications Parent had a net margin of 4.78% and a trailing twelve-month return on equity of 5.41%. The firm's quarterly revenue was down .7% on a year-over-year basis. During the same quarter last year, the business earned $0.41 earnings per share.

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).
What is Frontier Communications Parent's stock symbol?: Frontier Communications Parent trades on the NASDAQ under the ticker symbol "FYBR."
Who are Frontier Communications Parent's major shareholders?: Frontier Communications Parent's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Glendon Capital Management LP (9.28%), Capital International Investors (6.64%), Canada Pension Plan Investment Board (3.49%), ANTIPODES PARTNERS Ltd (3.10%), State Street Corp (2.67%) and Magnolia Group LLC (1.78%). 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.
What is Frontier Communications Parent's stock price today?: One share of FYBR stock can currently be purchased for approximately $15.60.
How much money does Frontier Communications Parent make?: Frontier Communications Parent (NASDAQ:FYBR) has a market capitalization of $3.83 billion and generates $5.79 billion in revenue each year. The company earns $441 million in net income (profit) each year or $1.12 on an earnings per share basis.
How many employees does Frontier Communications Parent have?: The company employs 14,700 workers across the globe.
How can I contact Frontier Communications Parent?: The official website for the company is www.frontier.com. The company can be reached via phone at 203-614-5600 or via email at ir@ftr.com.

This page (NASDAQ:FYBR) was last updated on 9/25/2023 by MarketBeat.com Staff

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