Frontier Communications Parent Inc [FYBR] stock prices are up 1.10% to $27.45 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FYBR shares have lost -0.51% over the last week, with a monthly amount glided 9.67%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Frontier Communications Parent Inc [NASDAQ: FYBR] stock has seen the most recent analyst activity on July 18, 2024, when UBS initiated its Buy rating and assigned the stock a price target of $33. Previously, Goldman started tracking the stock with Buy rating on July 01, 2024, and set its price target to $29. On April 15, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $30 on the stock. BofA Securities started tracking the stock assigning a Buy rating and suggested a price target of $30 on April 09, 2024. Citigroup downgraded its rating to a Neutral and reduced its price target to $17 on July 17, 2023. Wolfe Research started tracking with a Outperform rating for this stock on June 27, 2023, and assigned it a price target of $27. In a note dated March 27, 2023, Morgan Stanley downgraded an Underweight rating on this stock and revised its target price from $23 to $19.
The stock price of Frontier Communications Parent Inc [FYBR] has been fluctuating between $13.66 and $28.44 over the past year. Currently, Wall Street analysts expect the stock to reach $29.33 within the next 12 months. Frontier Communications Parent Inc [NASDAQ: FYBR] shares were valued at $27.45 at the most recent close of the market. An investor can expect a potential return of 6.85% based on the average FYBR price forecast.
Analyzing the FYBR fundamentals
The Frontier Communications Parent Inc [NASDAQ:FYBR] reported sales of 5.77B for trailing twelve months, representing a surge of 1.53%. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.14.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.99 points at the first support level, and at 26.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.92, and for the 2nd resistance point, it is at 28.39.
Ratios To Look Out For
It’s worth pointing out that Frontier Communications Parent Inc [NASDAQ:FYBR]’s Current Ratio is 1.07. In addition, the Quick Ratio stands at 1.07 and the Cash Ratio stands at 0.67. Considering the valuation of this stock, the price to sales ratio is 1.18, the price to book ratio is 1.30 and price to earnings (TTM) ratio is 253.00.
Transactions by insiders
Recent insider trading involved ARES MANAGEMENT LLC, 10% Owner, that happened on Oct 18 ’23 when 0.15 million shares were purchased. 10% Owner, ARES MANAGEMENT LLC completed a deal on Oct 18 ’23 to buy 0.15 million shares. Meanwhile, 10% Owner ARES MANAGEMENT LLC bought 0.15 million shares on Oct 18 ’23.
