Frontier Communications Corporation is a well-known provider of communications services in the United States. The company has market cap of $2.18 billion. The Firm offers a portfolio of communications services for residential and business customers. It currently has negative earnings. The Company’s services and products include data and Internet services, video services, voice services, access services and customer premise equipment (CPE).
Analysts expect Etrion SA (TSE:ETX) to report $-0.01 EPS on May, 10.After having $0.01 EPS previously, Etrion SA’s analysts see -200.00% EPS growth. It closed at $0.31 lastly. It is down 11.43% since September 8, 2016 and is downtrending. It has underperformed by 18.20% the S&P500.
Etrion SA is a Switzerland-based independent power producer that develops, builds, owns and operates utility-scale solar power generation plants. The company has market cap of $93.92 million. The Firm owns 130 MW of installed solar capacity in Italy and Chile. It currently has negative earnings. Etrion also has 34 MW of solar projects under construction in Japan and is actively developing greenfield solar power projects in Japan and Chile.
Ratings analysis reveals 23% of Frontier Communications’s analysts are positive. Out of 13 Wall Street analysts rating Frontier Communications, 3 give it “Buy”, 2 “Sell” rating, while 8 recommend “Hold”. The lowest target is $5.40 while the high is $7. The stock’s average target of $6.02 is 210.31% above today’s ($1.94) share price. FTR was included in 18 notes of analysts from August 4, 2015. Macquarie Research initiated the shares of FTR in report on Monday, July 11 with “Underperform” rating. On Tuesday, February 28 the stock rating was downgraded by JP Morgan to “Neutral”. The firm has “Market Perform” rating by Wells Fargo given on Wednesday, November 2. The rating was maintained by Bernstein on Tuesday, September 15 with “Outperform”. On Thursday, September 3 the stock rating was maintained by Macquarie Research with “Outperform”. Sandler O’Neill downgraded the stock to “Hold” rating in Monday, October 12 report. The stock has “Hold” rating by Deutsche Bank on Wednesday, November 2. The stock of Frontier Communications Corp (NASDAQ:FTR) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, September 22. The rating was reinitiated by JP Morgan on Tuesday, August 4 with “Overweight”. The company was initiated on Tuesday, October 13 by Cowen & Co.
The stock decreased 4.43% or $0.09 on April 13, reaching $1.94. About 35.51 million shares traded. Frontier Communications Corp (NASDAQ:FTR) has declined 59.33% since September 8, 2016 and is downtrending. It has underperformed by 66.10% the S&P500.
Wealthtrust Axiom Llc holds 1.62% of its portfolio in Frontier Communications Corp for 1.32 million shares. Doheny Asset Management Ca owns 760,410 shares or 1.24% of their US portfolio. Moreover, Polaris Capital Management Llc has 1.22% invested in the company for 5.59 million shares. The Michigan-based Deroy & Devereaux Private Investment Counsel Inc has invested 1.13% in the stock. Camelot Portfolios Llc, a Ohio-based fund reported 622,283 shares.
Analysts await Frontier Communications Corp (NASDAQ:FTR) to report earnings on May, 2. They expect $-0.04 earnings per share, down 500.00% or $0.05 from last year’s $0.01 per share. After $-0.04 actual earnings per share reported by Frontier Communications Corp for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
