On Friday, Frontier Communications Parent Inc (NASDAQ: FYBR) opened lower -0.39% from the last session, before settling in for the closing price of $36.15. Price fluctuations for FYBR have ranged from $16.29 to $39.21 over the past 52 weeks.
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Annual sales at Communication Services sector company slipped by -7.67% over the past five years. Company’s average yearly earnings per share was noted -646.28% at the time writing. With a float of $187.20 million, this company’s outstanding shares have now reached $245.81 million.
Let’s look at the performance matrix of the company that is accounted for 13300 employees. In terms of profitability, gross margin is 43.79%, operating margin of 8.64%, and the pretax margin is -0.24%.
Frontier Communications Parent Inc (FYBR) Insider Updates
A key investor’s attitude towards the stock of the Telecom Services industry is another important factor to consider. The insider ownership of Frontier Communications Parent Inc is 24.82%, while institutional ownership is 83.76%.
Frontier Communications Parent Inc (FYBR) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.05 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.07) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -646.28% per share during the next fiscal year.
Frontier Communications Parent Inc (NASDAQ: FYBR) Trading Performance Indicators
Check out the current performance indicators for Frontier Communications Parent Inc (FYBR). In the past quarter, the stock posted a quick ratio of 0.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.38, a number that is poised to hit -0.18 in the next quarter and is forecasted to reach -0.57 in one year’s time.
Technical Analysis of Frontier Communications Parent Inc (FYBR)
Frontier Communications Parent Inc (NASDAQ: FYBR) saw its 5-day average volume 3.64 million, a positive change from its year-to-date volume of 2.11 million. As of the previous 9 days, the stock’s Stochastic %D was 77.35%. Additionally, its Average True Range was 0.45.
During the past 100 days, Frontier Communications Parent Inc’s (FYBR) raw stochastic average was set at 78.35%, which indicates a significant increase from 71.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 8.45% in the past 14 days, which was lower than the 59.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.00, while its 200-day Moving Average is $27.20. Nevertheless, the first resistance level for the watch stands at $36.24 in the near term. At $36.46, the stock is likely to face the second major resistance level. The third major resistance level sits at $36.59. If the price goes on to break the first support level at $35.89, it is likely to go to the next support level at $35.76. Assuming the price breaks the second support level, the third support level stands at $35.54.
Frontier Communications Parent Inc (NASDAQ: FYBR) Key Stats
There are currently 248,552K shares outstanding in the company with a market cap of 8.97 billion. Presently, the company’s annual sales total 5,751 M according to its annual income of 29,000 K. Last quarter, the company’s sales amounted to 1,480 M and its income totaled -123,000 K.
