Looking at top Wall Street opinions, Frontier Communications Corporation (NASDAQ: FTR) has recently made its way into the research list of Raymond James – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Mkt Perform in the eyes of Raymond James, whereas its previous rating was Outperform in the eyes of Raymond James, as reported on Tuesday, February 19th, 2019. Another heavy-hitting research note was published by Wells Fargo on Tuesday January 8th, 2019, with this firm downgrading FTR to an updated rating of Underperform from its previous rating of Market Perform. In the past six months and three months of trading, shares of Frontier Communications Corporation (FTR) have moved by -53.08% and -9.44%, respectively.
Brokerage Updates Related to Frontier Communications Corporation (FTR) Stock
This publicly-traded organization generated losses of -5.47% over the last 5 sessions. Right now, this stock is the subject of 12 analysts’ evaluations, who – on average – have given this company’s shares a Hold rating. Of the latest market expert opinions, 4 have given an underperform rating, 3 has given a sell rating, and 0 have given a rating of Buy or better. Based on the 12 stock market experts following this company, the average 12-month price target is $2.42. Moreover, individual price targets range between $1.50-$4.00. With its recent move to $2.50, we can see that these firms project this stock will loss by -66.92% in one year.
Updates from Frontier Communications Corporation (FTR) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 1.10% rise since the beginning of the calendar year.
Frontier Communications Corporation (NASDAQ:FTR) Results in the Pipeline
The next scheduled release of financial results for Frontier Communications Corporation will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be -$0.04. In the same vein, they expect sales for the quarter to amount to $2,087.66 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $2,124.00 million in revenue alongside EPS at -$2.12. On average, the analyst projection was calling for $2,126.00 million with -$0.25 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $2,162.00 million, with earnings per share ending up at -$0.68.
Analog Devices, Inc. (NASDAQ:ADI) experienced a gain of 0.16% from the closing price in the previous trading day. That boost the price to $108.25 per share, as observed on March 14th, 2019, at a time when the total trading volume reached 1,953,955 shares of stock – compared to the typical average of 2.92M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $114.53.
Pricing Indications for Analog Devices, Inc. (ADI)
This organization has had a price-to-earnings ratio of 25.40 in the last year. In the most recent trading session, the daily high was $108.39, bringing the per-share value 0.16% high its 52-week high and about -1.12% more expensive than its 52-week low. Meanwhile, it gained 98.78 from its observable 50-day simple moving average. Right at this moment, the per-share value is 15.08% higher than the mean per-share price over the last 200 days in the market.
Analog Devices, Inc. (NASDAQ:ADI) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 8 have a Buy rating, 4 have an outperform rating, while 8 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 1 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.20, based on information from Thomson Reuters.
ADI Stock Value Potential
In trading activity as of late, this stock’s value was 94.13 up from its 200 day moving average, while also 10.09% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $90.00-$130.00. The market value for the entire organization reached 39.97B. After the trading day started off at the price of $108.25, these shares nearly bottomed out at its low price of $107.12 and nearly peaked at $108.39 as its full-day high price. In the last trading session, the price ended the day at $108.08. The institutional holdings related to this organization account for 0.10%, and the Beta factor is now 1.24. This company’s RSI (Relative Strength Index) managed to hit 65.69.
Analog Devices, Inc. (NASDAQ:ADI) Analyst Points of Focus
Analog Devices, Inc. (ADI) has found itself inside of BofA/Merrill’s research list, so their analyst rating adjustment is worth taking note of. This stock was upgraded to Buy, compared to its previous rating of Neutral by BofA/Merrill, as garnered from a news report on Monday February 11th, 2019. An additional helpful research note was sent out by RBC Capital Mkts’s on Friday January 4th, 2019. The brokerage decided to downgrade ADI to Sector Perform from its previous rating of Outperform.