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See what the IHS Markit Score report has to say about Frontier Communications Corp.

IHS Markit

Frontier Communications Corp

NASDAQ/NGS:FTR

Score: Negative (5)

365 days at current score.

Downgraded from Neutral on January 13th 2017

View full report here!

Summary


  • This company ranked negatively compared to the Telecommunications Services sector with 3 negative IHS Markit Categories
  • Perception of the company's creditworthiness is negative but improving
  • ETFs holding this stock are seeing positive inflows but are weakening
  • Bearish sentiment is high
  • Economic output in this company's sector is expanding


Bearish sentiment

Short interest | Negative

Short interest is extremely high for FTR with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting FTR.

Money flow

ETF/Index ownership | Negative

ETF activity is negative and may be weakening. The net inflows of $4.04 billion over the last one-month into ETFs that hold FTR are among the lowest of the last year and appear to be slowing.

Economic sentiment

PMI by IHS Markit | Positive

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Telecommunications Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating.

Credit worthiness

Credit default swap | Negative

The current level displays a negative indicator with a strengthening bias over the past 1-month. FTR credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.

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