With 249.69M Outstanding Shares, Can Frontier Communications Parent Inc (NASDAQ: FYBR) Deliver Big Short-Term Gains?

Frontier Communications Parent Inc (NASDAQ:FYBR) currently has a daily average trading volume of 2.92M but it saw 1469679 shares traded in last market. With a market cap of 9.04B USD, the company’s current market price of $36.21 came rising about 0.17 while comparing to the previous closing price of $36.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $39.21 and as low as $21.85. In the recent trading on the day, stock has struck highest price mark of $36.1 while lowest mark touched by it was $36.25.

Taking a look at 20-day trading activity of Frontier Communications Parent Inc (FYBR) gives us an average price of $35.91, while its current price level is -7.65% below from 52-week high level whereas it is 65.72% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $35.87 while that of 200 days or SMA-200 reads an average of $33.97. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.40% during that period while stretching the period over a month that increases to 0.65%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 63.19 which implies that the stock is in neutral territory.

Over the week, FYBR’s stock price is moving 0.72% up while it is 1.29% when we observe its performance for the past one month. Year-to-date it is 4.35% up and over the past year, the stock is showing an upside performance of 66.10%.

The company is expected to be releasing its next quarterly report on 2025-Feb-19, for which analysts forecasted an EPS of -0.21 while estimate for next year EPS is -0.92. In next quarter, company is expected to be making quarterly sales of $1.51B as analysts are expecting the sales for current fiscal year at $6.08B and seeing the company making $6.25B in sales next year. Moreover, analysts are in estimates of $1.51B for current-quarter revenue.

Currently, Frontier Communications Parent Inc’s total number of outstanding shares is 249.69M with 1.38% of that held by the insiders while 88.48% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -1.91% and return on equity (ROE) at -6.30%. Stock’s beta reads 1.01. Stock has a price to book (P/B) ratio of 1.83 while price to sale or P/S ratio amounts to 1.52. Its return on asset (ROA) is -1.48% on average.