Added to YB: 2024-10-17
Pitch date: 2024-09-30
FYBR [bullish]
Frontier Communications Parent, Inc.
+7.04%
current return
Author Info
No bio for this author
Company Info
Frontier Communications Parent, Inc. together with its subsidiaries, provides communication and technology services in the United States.
Market Cap
$8.9B
Pitch Price
$35.53
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.29
P/E
-27.42
EV/Sales
3.40
Sector
Diversified Telecommunication Services
Category
special_situation
Cooper Investors Global Equities Fund (Unhedged) Portfolio Holding: Frontier Communications Parent, Inc.
FYBR: US broadband co converting copper to fiber. Verizon buying at $38.50/share, 38% premium. Deal close in 18mo. Mgmt executing well. Standalone value + synergies not reflected in price. Build risks decreasing, cash flow inflection expected mid-2026. Completed network may be worth multiples of current value.
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