company background image
FYBR

Frontier Communications ParentNasdaqGS:FYBR Stock Report

Market Cap

US$6.9b

7D

2.4%

1Y

n/a

Updated

19 Oct, 2021

Data

Company Financials +
FYBR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends0/6

FYBR Overview

Frontier Communications Parent, Inc., together with its subsidiaries, provides various services to residential and business customers over its fiber-optic and copper networks in 25 states in the United States.

Frontier Communications Parent Competitors

Verizon Communications

NYSE:VZ

US$216.7b

Consolidated Communications Holdings

NasdaqGS:CNSL

US$831.5m

TPT Global Tech

OTCPK:TPTW

US$19.5m

Apple

NasdaqGS:AAPL

US$2.5t

Price History & Performance

Summary of all time highs, changes and price drops for Frontier Communications Parent
Historical stock prices
Current Share PriceUS$28.06
52 Week HighUS$23.24
52 Week LowUS$33.34
Beta0
1 Month Change-8.18%
3 Month Change-4.98%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO4.12%

Recent News & Updates

Oct 08

Frontier Communications: New AT&T Deal And Bond Offering

Deal with AT&T to supply fiber bandwidth for businesses validates fiber investment. Bond offering should ensure financing for fiber rollout for next few years. Balance sheet still in very good shape even with increased debt. Potential for buyout by AT&T?

Aug 12
There Are Some Holes In Frontier Communications Parent's (NASDAQ:FYBR) Solid Earnings Release

There Are Some Holes In Frontier Communications Parent's (NASDAQ:FYBR) Solid Earnings Release

Frontier Communications Parent, Inc. ( NASDAQ:FYBR ) posted some decent earnings, but shareholders didn't react...

Aug 10

Frontier Communications: Braving A New Frontier

EBITDA guidance unchanged despite $50mm non-cash fresh start accounting charge. Increased fiber rollout for 2021 from 495,000 locations to 600,000. New target for $250mm run rate savings by 2023 from operations simplification. Plans to deploy fiber to 10 million locations by 2025 versus 4mm 2021 target.

Jul 05

Frontier Communications: Put Some FYBR In Your Portfolio

Balance sheet is in good shape post-reorganization. New management team has good track record with the company's assets. Lots of levers to pull to grow revenues and improve margins. Potential for stock to double over the next few years.

Jun 09

Frontier Communications a new best idea long at Hedgeye

xijian/E+ via Getty Images Frontier Communications (FYBR) added as best idea long at Hedgeye by analyst Andrew Freedman, who sees upside of 30%-50% over the next 18 to 24 months. Freedman writes the "new" Frontier has net leverage of ~2.2x, a new management team with a track record in executing "successful turnarounds" in telecom. He expects the strategic plan will help halt customer losses over the next 18-24 months and the return the company to profitability in 2023/2024. Hedgeye hosting a

Shareholder Returns

FYBRUS TelecomUS Market
7D2.4%1.4%4.0%
1Yn/a-3.2%30.5%

Return vs Industry: Insufficient data to determine how FYBR performed against the US Telecom industry.

Return vs Market: Insufficient data to determine how FYBR performed against the US Market.

Price Volatility

Is FYBR's price volatile compared to industry and market?
FYBR volatility
FYBR Beta0
Industry Beta0.63
Market Beta1

Stable Share Price: FYBR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: Insufficient data to determine FYBR's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
193516,005Nick Jefferyhttps://www.frontier.com

Frontier Communications Parent, Inc., together with its subsidiaries, provides various services to residential and business customers over its fiber-optic and copper networks in 25 states in the United States. It offers video, high-speed Internet, advanced voice, and Frontier Secure digital protection solutions. The company also provides Frontier Business that offers communications solutions to small, medium, and enterprise businesses.

Frontier Communications Parent Fundamentals Summary

How do Frontier Communications Parent's earnings and revenue compare to its market cap?
FYBR fundamental statistics
Market CapUS$6.86b
Earnings (TTM)US$4.61b
Revenue (TTM)US$6.71b

1.5x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FYBR income statement (TTM)
RevenueUS$6.71b
Cost of RevenueUS$2.51b
Gross ProfitUS$4.20b
Expenses-US$404.00m
EarningsUS$4.61b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 03, 2021

Earnings per share (EPS)18.84
Gross Margin62.58%
Net Profit Margin68.60%
Debt/Equity Ratio165.3%

How did FYBR perform over the long term?

See historical performance and comparison

Valuation

Is Frontier Communications Parent undervalued compared to its fair value and its price relative to the market?

1.49x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FYBR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FYBR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: FYBR is good value based on its PE Ratio (1.5x) compared to the US Telecom industry average (13.2x).

PE vs Market: FYBR is good value based on its PE Ratio (1.5x) compared to the US market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: FYBR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: FYBR is good value based on its PB Ratio (1.6x) compared to the US Telecom industry average (3.5x).


Future Growth

How is Frontier Communications Parent forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

-61.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FYBR's earnings are forecast to decline over the next 3 years (-61% per year).

Earnings vs Market: FYBR's earnings are forecast to decline over the next 3 years (-61% per year).

High Growth Earnings: FYBR's earnings are forecast to decline over the next 3 years.

Revenue vs Market: FYBR's revenue (0.08% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: FYBR's revenue (0.08% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if FYBR's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Frontier Communications Parent performed over the past 5 years?

-0.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FYBR has a high level of non-cash earnings.

Growing Profit Margin: FYBR became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: FYBR has become profitable over the past 5 years, growing earnings by -0.7% per year.

Accelerating Growth: FYBR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: FYBR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Telecom industry (155.1%).


Return on Equity

High ROE: Whilst FYBR's Return on Equity (108.4%) is outstanding, this metric is skewed due to their high level of debt.


Financial Health

How is Frontier Communications Parent's financial position?


Financial Position Analysis

Short Term Liabilities: FYBR's short term assets ($1.6B) exceed its short term liabilities ($1.4B).

Long Term Liabilities: FYBR's short term assets ($1.6B) do not cover its long term liabilities ($9.5B).


Debt to Equity History and Analysis

Debt Level: FYBR's debt to equity ratio (165.3%) is considered high.

Reducing Debt: FYBR's debt to equity ratio has reduced from 355.1% to 165.3% over the past 5 years.

Debt Coverage: FYBR's debt is not well covered by operating cash flow (10.9%).

Interest Coverage: FYBR's interest payments on its debt are not well covered by EBIT (2.8x coverage).


Balance Sheet


Dividend

What is Frontier Communications Parent current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FYBR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FYBR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if FYBR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FYBR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FYBR's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.5yrs

Average management tenure


CEO

Nick Jeffery (53 yo)

0.58

Tenure

Mr. Nicholas Simon Jeffery, also known as Nick, serves as Chief Executive Officer and President of Frontier Communications Parent, Inc. (formerly known as Frontier Communications Corporation) since March 0...


Leadership Team

Experienced Management: FYBR's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: FYBR's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: FYBR only recently listed within the past 12 months, with total shares outstanding growing by 133.2% in the past year..


Top Shareholders

Company Information

Frontier Communications Parent, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Frontier Communications Parent, Inc.
  • Ticker: FYBR
  • Exchange: NasdaqGS
  • Founded: 1935
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: US$6.858b
  • Shares outstanding: 244.40m
  • Website: https://www.frontier.com

Number of Employees


Location

  • Frontier Communications Parent, Inc.
  • 401 Merritt 7
  • Norwalk
  • Connecticut
  • 6851
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 23:35
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.