Frontier Communications Parent Inc (FYBR)’s liquidity ratios and what they mean

The price of Frontier Communications Parent Inc (NASDAQ: FYBR) closed at $23.51 in the last session, down -2.49% from day before closing price of $24.11. In other words, the price has decreased by -$0.60 from its previous closing price. On the day, 2085649 shares were traded. FYBR stock price reached its highest trading level at $23.52 during the session, while it also had its lowest trading level at $22.71.

Ratios:

We take a closer look at FYBR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 2.19 whereas as Long-Term Debt/Eq ratio is at 2.17.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA Securities on April 09, 2024, initiated with a Buy rating and assigned the stock a target price of $30.

On July 17, 2023, Citigroup Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $30 to $17.

On June 27, 2023, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $27.Wolfe Research initiated its Outperform rating on June 27, 2023, with a $27 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 18 ’23 when ARES MANAGEMENT LLC bought 150,000 shares for $18.93 per share. The transaction valued at 2,838,930 led to the insider holds 38,912,895 shares of the business.

ARES MANAGEMENT LLC bought 150,000 shares of FYBR for $2,838,930 on Oct 18 ’23. The 10% Owner now owns 38,912,895 shares after completing the transaction at $18.93 per share. On Oct 18 ’23, another insider, ARES MANAGEMENT LLC, who serves as the 10% Owner of the company, bought 150,000 shares for $18.93 each. As a result, the insider paid 2,838,930 and bolstered with 38,912,895 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FYBR now has a Market Capitalization of 5.99B and an Enterprise Value of 15.05B. As of this moment, Frontier’s Price-to-Earnings (P/E) ratio for their current fiscal year is 201.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at 2.65 whereas that against EBITDA is 6.89.

Stock Price History:

The Beta on a monthly basis for FYBR is 1.05, which has changed by 5.00% over the last 52 weeks, in comparison to a change of 24.47% over the same period for the S&P500. Over the past 52 weeks, FYBR has reached a high of $25.89, while it has fallen to a 52-week low of $11.65. The 50-Day Moving Average of the stock is 23.58, while the 200-Day Moving Average is calculated to be 20.07.

Shares Statistics:

According to the various share statistics, FYBR traded on average about 1.69M shares per day over the past 3-months and 1.31M shares per day over the past 10 days. A total of 245.81M shares are outstanding, with a floating share count of 177.28M. Insiders hold about 27.88% of the company’s shares, while institutions hold 84.46% stake in the company. Shares short for FYBR as of Mar 15, 2024 were 26.66M with a Short Ratio of 16.92, compared to 25.33M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 10.84% and a Short% of Float of 12.83%.

Earnings Estimates

The company has 8 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.07 for the current quarter, with a high estimate of $0.24 and a low estimate of -$0.23, while EPS last year was $0.01. The consensus estimate for the next quarter is -$0.1, with high estimates of $0.08 and low estimates of -$0.24.

Analysts are recommending an EPS of between $0.27 and -$0.96 for the fiscal current year, implying an average EPS of -$0.32. EPS for the following year is -$0.61, with 9 analysts recommending between $0.61 and -$1.59.

Revenue Estimates

According to 8 analysts, the current quarter’s revenue is expected to be $1.44B. It ranges from a high estimate of $1.45B to a low estimate of $1.42B. As of the current estimate, Frontier Communications Parent Inc’s year-ago sales were $1.44B, an estimated decrease of -0.30% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $1.44B, an increase of 0.10% over than the figure of -$0.30% in the same quarter last year. There is a high estimate of $1.45B for the next quarter, whereas the lowest estimate is $1.43B.

A total of 10 analysts have provided revenue estimates for FYBR’s current fiscal year. The highest revenue estimate was $5.8B, while the lowest revenue estimate was $5.7B, resulting in an average revenue estimate of $5.77B. In the same quarter a year ago, actual revenue was $5.75B, up 0.30% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $5.87B in the next fiscal year. The high estimate is $5.94B and the low estimate is $5.73B. The average revenue growth estimate for next year is up 1.80% from the average revenue estimate for this year.

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