Frontier Communications Corporation (NASDAQ:FTR) announced a new offer that includes a one-year membership to Amazon Prime when customers order new High-Speed Internet service from Frontier. The stock was sold at an average price of $16.23, for a total transaction of $97,380.00. Vetr’s price target points to a potential upside of 10.71% from the company’s previous close.
Advertisement
Frontier Communications Corporation (NASDAQ:FTR) should head towards $7.03 per share according to 8 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $6 per share.
Additionally, the company on September 9 announced that it intends to offer, in a private transaction, up to $6.6 billion aggregate principal amount of Senior Notes. Frontier Communications Corporation has a 52 week low of $4.19 and a 52 week high of $8.46. The stock is having its 200-day moving average of $35.64 and $39.45 as its 50-day moving average.
Frontier Communications Corporation is a communications company. During the same period past year, the firm earned $0.27 earnings per share. The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.37 billion. The business’s revenue for the quarter was up.4% on a year-over-year basis.
Frontier Communications Corp (NASDAQ:FTR) last posted its quarterly earnings data on Monday, August 3rd.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. The ex-dividend date of this dividend is Friday, September 11th. Analyst recommendation for this stocks stands at 2.70. The price was at $5.32, gaining 1.82% till the last intraday data.
Bank of America downgraded shares of Crown Holdings (NYSE:CCK) from a buy rating to a neutral rating in a report released on Tuesday morning, Analyst Ratings Network.com reports. Zacks raised shares of Nuance Communications from a hold rating to a buy rating and set a $19.00 target price on the stock in a research report on Thursday, May 14th. Finally, Zacks lowered Frontier Communications Corp from a hold rating to a sell rating in a report on Tuesday, July 7th. The company has a market cap of $6,215 million and the number of outstanding shares have been calculated to be 1,168,207,000 shares.
“Small business owners wear many hats and have evolving communications needs”, stated Cory Jones, Vice President of Commercial Marketing at Frontier.
Advertisement
Reflecting the company’s long-standing commitment to deploying high-speed Internet access in urban and rural areas across the state, AT&T, Inc. It offers a range of voice, data and video services and merchandises. The Company offers a portfolio of communications services for residential and business customers in every one of its markets. It runs company with both business and residential customers, plus it provides the last mile of communications services. The Organization ‘s solutions are derived from the Business ‘s voice and language platform and are utilized by companies for tasks and services, for example requesting advice from a telephone-based self-service option, ordering medical records, hunting the mobile Web by voice, entering a destination into a navigation system, or working with portable document format (NASDAQ:NUAN) documents.
