A new trading day began on Friday, with Frontier Communications Parent Inc (NASDAQ: FYBR) stock price up 0.20% from the previous day of trading, before settling in for the closing price of $34.80. FYBR’s price has ranged from $20.42 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. Meanwhile, its annual earnings per share averaged -908.17%. With a float of $187.19 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 16.31%, operating margin of 10.8%, and the pretax margin is -2.59%.
Frontier Communications Parent Inc (FYBR) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Telecom Services Industry. The insider ownership of Frontier Communications Parent Inc is 24.83%, while institutional ownership is 72.23%. The most recent insider transaction that took place on Nov 22 ’24, was worth 912,675. Before that another transaction happened on Nov 22 ’24, when Company’s 10% Owner proposed sale 2,914 for $34.81, making the entire transaction worth $101,451.
Frontier Communications Parent Inc (FYBR) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.07 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.2 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -908.17% per share during the next fiscal year.
Frontier Communications Parent Inc (NASDAQ: FYBR) Trading Performance Indicators
Here are Frontier Communications Parent Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.75, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.68 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 2.27 million, a positive change from its year-to-date volume of 2.25 million. As of the previous 9 days, the stock’s Stochastic %D was 70.03%. Additionally, its Average True Range was 0.40.
During the past 100 days, Frontier Communications Parent Inc’s (FYBR) raw stochastic average was set at 70.64%, which indicates a significant increase from 65.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.81% in the past 14 days, which was lower than the 59.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.37, while its 200-day Moving Average is $28.33. Nevertheless, the first resistance level for the watch stands at $34.94 in the near term. At $35.01, the stock is likely to face the second major resistance level. The third major resistance level sits at $35.12. If the price goes on to break the first support level at $34.76, it is likely to go to the next support level at $34.65. The third support level lies at $34.58 if the price breaches the second support level.
Frontier Communications Parent Inc (NASDAQ: FYBR) Key Stats
With a market capitalization of 8.70 billion, the company has a total of 249,015K Shares Outstanding. Currently, annual sales are 5,751 M while annual income is 29,000 K. The company’s previous quarter sales were 1,489 M while its latest quarter income was -82,000 K.
