The stock of Frontier Communications Parent Inc (FYBR) has gone down by -3.42% for the week, with a -2.10% drop in the past month and a -4.91% drop in the past quarter. The volatility ratio for the week is 5.53%, and the volatility levels for the past 30 days are 4.20% for FYBR. The simple moving average for the past 20 days is -2.52% for FYBR’s stock, with a 12.75% simple moving average for the past 200 days.
Is It Worth Investing in Frontier Communications Parent Inc (NASDAQ: FYBR) Right Now?
The price-to-earnings ratio for Frontier Communications Parent Inc (NASDAQ: FYBR) is 196.14x, which is above its average ratio. Moreover, the 36-month beta value for FYBR is 1.08. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for FYBR is 177.28M and currently, short sellers hold a 16.08% of that float. On April 24, 2024, FYBR’s average trading volume was 1.65M shares.
FYBR) stock’s latest price update
The stock of Frontier Communications Parent Inc (NASDAQ: FYBR) has increased by 4.91 when compared to last closing price of 21.80. Despite this, the company has experienced a -3.42% fall in its stock price over the last five trading sessions. Market Watch reported 2024-04-18 that Frontier Communications Parent Inc. disclosed a cyberattack Thursday that exposed personally identifiable information, though the company doesn’t expect the incident to impact its financials in a meaningful way.
Analysts’ Opinion of FYBR
Many brokerage firms have already submitted their reports for FYBR stocks, with Citigroup repeating the rating for FYBR by listing it as a “Buy.” The predicted price for FYBR in the upcoming period, according to Citigroup is $30 based on the research report published on April 15, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see FYBR reach a price target of $30. The rating they have provided for FYBR stocks is “Buy” according to the report published on April 09th, 2024.
Citigroup gave a rating of “Neutral” to FYBR, setting the target price at $17 in the report published on July 17th of the previous year.
FYBR Trading at -2.24% from the 50-Day Moving Average
After a stumble in the market that brought FYBR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.66% of loss for the given period.
Volatility was left at 4.20%, however, over the last 30 days, the volatility rate increased by 5.53%, as shares sank -3.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.28% upper at present.
During the last 5 trading sessions, FYBR fell by -3.42%, which changed the moving average for the period of 200-days by +25.73% in comparison to the 20-day moving average, which settled at $23.42. In addition, Frontier Communications Parent Inc saw -9.75% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FYBR starting from ARES MANAGEMENT LLC, who purchase 150,000 shares at the price of $18.93 back on Oct 18 ’23. After this action, ARES MANAGEMENT LLC now owns 38,912,895 shares of Frontier Communications Parent Inc, valued at $2,838,930 using the latest closing price.
ARES MANAGEMENT LLC, the 10% Owner of Frontier Communications Parent Inc, purchase 150,000 shares at $18.93 during a trade that took place back on Oct 18 ’23, which means that ARES MANAGEMENT LLC is holding 38,912,895 shares at $2,838,930 based on the most recent closing price.
Stock Fundamentals for FYBR
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.56 for the gross margin
The net margin for Frontier Communications Parent Inc stands at 0.01. The total capital return value is set at 0.03. Equity return is now at value 0.56, with 0.14 for asset returns.
Based on Frontier Communications Parent Inc (FYBR), the company’s capital structure generated 0.68 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 2.15. The interest coverage ratio of the stock is 0.79.
Currently, EBITDA for the company is 1.98 billion with net debt to EBITDA at 5.27. When we switch over and look at the enterprise to sales, we see a ratio of 2.8. The receivables turnover for the company is 12.86for trailing twelve months and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.22.
Conclusion
To wrap up, the performance of Frontier Communications Parent Inc (FYBR) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
