Frontier Communications Corp (FTR): Today's Featured Telecommunications Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Frontier Communications ( FTR) pushed the Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole closed the day up 1.2%. By the end of trading, Frontier Communications fell $0.06 (-1.1%) to $5.49 on light volume. Throughout the day, 7,625,747 shares of Frontier Communications exchanged hands as compared to its average daily volume of 11,245,200 shares. The stock ranged in price between $5.49-$5.60 after having opened the day at $5.56 as compared to the previous trading day's close of $5.55. Other companies within the Telecommunications industry that declined today were: Alaska Communications Systems Group ( ALSK), down 3.1%, Turkcell Iletisim Hizmetleri AS ( TKC), down 2.9%, Telekomunikasi Indonesia (Persero) Tbk ( TLK), down 2.4% and Vonage Holdings Corporation ( VG), down 2.4%.

Frontier Communications Corporation, a communications company, provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. Frontier Communications has a market cap of $5.5 billion and is part of the technology sector. Shares are up 19.4% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Frontier Communications a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Frontier Communications as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and generally higher debt management risk.

On the positive front, TeleCommunication Systems ( TSYS), up 10.1%, Net Element ( NETE), up 8.4%, Mavenir Systems ( MVNR), up 7.7% and AudioCodes ( AUDC), up 6.9% , were all gainers within the telecommunications industry with Qualcomm ( QCOM) being today's featured telecommunications industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the telecommunications industry could consider iShares Dow Jones US Telecom ( IYZ) while those bearish on the telecommunications industry could consider ProShares Ult Sht Telecommunication ( TLL).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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