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

Company Overview

Frontier Communications Parent, Inc., together with its subsidiaries, provides communication and technology services in the United States. It offers broadband, video, voice, and other value-added services. The company also provides data and Internet, including broadband networking services; data-based voice over internet protocol, unified communications, long-distance, and voice messaging services; video services under the Frontier TV brand; access services; hardware and network solutions; and packages of services. It serves large enterprise customers, small and medium businesses, and wholesale customers. 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.

Key Stats

• Today's Range: $34.61 to $34.77
• 50-Day Range: $34.15 to $36.44
• 52-Week Range: $20.42 to $39.21
• Volume: 2.31 million shs
• Average Volume: 2.25 million shs
• Market Capitalization: $8.64 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $35.31
• Consensus Rating: Hold

Frontier Communications Parent Stock Analysis - MarketRank™

Frontier Communications Parent scored higher than 31% of companies evaluated by MarketBeat, and ranked 531st out of 649 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Frontier Communications Parent has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 3 buy ratings, 9 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Frontier Communications Parent has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Frontier Communications Parent are expected to decrease in the coming year, from ($0.83) to ($0.98) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Frontier Communications Parent is -46.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Frontier Communications Parent is -46.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Frontier Communications Parent has a P/B Ratio of 1.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.31% 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 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Frontier Communications Parent has recently decreased by 19.61%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.31% 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 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Frontier Communications Parent has recently decreased by 19.61%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.84

News Sentiment

Frontier Communications Parent has a news sentiment score of 0.84. 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 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Frontier Communications Parent this week, compared to 4 articles on an average week.

MarketBeat Follows

Only 1 people have added Frontier Communications Parent to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Frontier Communications Parent insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $818,661.00 in company stock.

Percentage Held by Insiders

Only 1.40% of the stock of Frontier Communications Parent is held by insiders.

FYBR Stock Analysis - Frequently Asked Questions

How have FYBR shares performed this year?

Frontier Communications Parent's stock was trading at $25.34 at the beginning of 2024. Since then, FYBR stock has increased by 36.9% and is now trading at $34.70.
View the best growth stocks for 2024 here.

How were Frontier Communications Parent's earnings last quarter?

Frontier Communications Parent, Inc. (NASDAQ:FYBR) issued its quarterly earnings data on Tuesday, November, 5th. The company reported ($0.33) earnings per share for the quarter, missing analysts' consensus estimates of ($0.22) by $0.11. The company's quarterly revenue was up 3.7% on a year-over-year basis.

Who are Frontier Communications Parent's major shareholders?

Top institutional investors of Frontier Communications Parent include Cerberus Capital Management L.P. (7.30%), State Street Corp (2.81%), Geode Capital Management LLC (1.61%) and Charles Schwab Investment Management Inc. (0.93%). Insiders that own company stock include Ares Management Llc, John Harrobin 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Frontier Communications Parent own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Frontier Communications Parent investors own include Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Home Depot (HD).

Company Calendar

• Last Earnings: 11/05/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/28/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Telephone communication, except radio
• Sub-Industry: Communication
• Current Symbol: NASDAQ:FYBR
• CUSIP: N/A
• CIK: 20520
• Web: www.frontier.com
• Phone: 203-614-5600
• Fax: N/A
• Employees: 13,300
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $35.31
• High Stock Price Target: $38.50
• Low Stock Price Target: $30.00
• Potential Upside/Downside: +1.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 12 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.75)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $29 million
• Net Margins: -3.19%
• Pretax Margin: -1.93%
• Return on Equity: -3.61%
• Return on Assets: -0.91%

Debt

• Debt-to-Equity Ratio: 2.28
• Current Ratio: 0.77
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: $5.79 billion
• Price / Sales: 1.49
• Cash Flow: $5.75 per share
• Price / Cash Flow: 6.04
• Book Value: $21.48 per share
• Price / Book: 1.62

Miscellaneous

• Outstanding Shares: 249,015,000
• Free Float: 245,529,000
• Market Cap: $8.64 billion
• Optionable: Optionable
• Beta: 1.10