With 2.83 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.09 million shares. During the session, the Telecom Services company that operates in wider Communication Services sector, reached to the highest price of $35.17 whereas the lowest price it dropped to was $35.095. The 52-week range on FYBR shows that it touched its highest point at $39.21 and its lowest point at $20.51 during that stretch. It currently has a 1-year price target of $38.50. Beta for the stock currently stands at 1.05.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FYBR was up-trending over the past week, with a rise of 1.35%, but this was up by 1.88% over a month. Three-month performance dropped to -0.42% while six-month performance rose 37.76%. The stock gained 42.56% in the past year, while it has gained 1.35% so far this year. A look at the trailing 12-month EPS for FYBR yields -0.75 with Next year EPS estimates of -0.68. For the next quarter, that number is -0.17. This implies an EPS growth rate of -927.13% for this year and 31.49% for next year.
Float and Shares Shorts:
At present, 249.01 million FYBR shares are outstanding with a float of 204.57 million shares on hand for trading. On 2024-12-13, short shares totaled 8.63 million, which was 347.0 higher than short shares on 1731628800. In addition to Mr. Nicholas Simon Jeffery as the firm’s President, CEO & Director, Mr. Scott C. Beasley serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.89418 of FYBR’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, FYBR reported revenue of $1471000000.0 and operating income of $114000000.0. The EBITDA in the recently reported quarter was $553000000.0 and diluted EPS was -$0.33.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FYBR since 8 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With FYBR analysts setting a high price target of 64.0 and a low target of 38.5, the average target price over the next 12 months is 41.6875. Based on these targets, FYBR could surge 81.97% to reach the target high and rise by 9.47% to reach the target low. Reaching the average price target will result in a growth of 18.53% from current levels.
Analysts have provided yearly estimates in a range of -$0.91703 being high and -$1.06807 being low. For FYBR, this leads to a yearly average estimate of -$0.99255. Based on analyst estimates, the high estimate for the next quarter is -$0.07 and the low estimate is -$0.31. The average estimate for the next quarter is thus -$0.18.
