The price of Frontdoor Inc. (NASDAQ:FTDR) shares last traded on Wall Street rose 0.59% to $23.70.
Based on available information, 8 analysts follow Frontdoor Inc. (NASDAQ:FTDR). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $34.00 and a low of $21.00, we find $27.00. Given the previous closing price of $23.56, this indicates a potential upside of 14.6 percent. FTDR stock price is now 8.38% away from the 50-day moving average and -8.98% away from the 200-day moving average. The market capitalization of the company currently stands at $1.96B.
Among analysts, 6 rate the stock a hold while 1 rate it a buy. Brokers who have rated the stock have averaged $26.80 as their price target over the next twelve months.
, while ‘Goldman’ rates the stock as ‘Sell’.
In other news, Catalano Anna C, Director bought 4,000 shares of the company’s stock on May 25. The stock was bought for $100,000 at an average price of $25.00. Upon completion of the transaction, the Director now directly owns 20,595 shares in the company, valued at $0.49 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 25, Director Cella Peter L. bought 5,000 shares of the business’s stock. A total of $122,650 was incurred on buying the stock at an average price of $24.53. This leaves the insider owning 30,000 shares of the company worth $0.71 million. Insiders disposed of 25,294 shares of company stock worth roughly $0.6 million over the past 1 year. A total of 0.10% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in FTDR stock. A new stake in Frontdoor Inc. shares was purchased by BOSTON PARTNERS during the first quarter worth $84,304,000. FARMER STEVEN PATRICK invested $12,168,000 in shares of FTDR during the first quarter. In the first quarter, PRINCIPAL FINANCIAL GROUP INC acquired a new stake in Frontdoor Inc. valued at approximately $11,901,000. AMERIPRISE FINANCIAL INC acquired a new stake in FTDR for approximately $10,324,000. CANDLESTICK CAPITAL MANAGEMENT LP purchased a new stake in FTDR valued at around $5,825,000 in the second quarter.
A candlestick chart of Frontdoor Inc. (NASDAQ: FTDR) showed a price of $23.65 on Wednesday morning. During the past 12 months, Frontdoor Inc. has had a low of $19.70 and a high of $39.01. As of last week, the company has a debt-to-equity ratio of 13.04, a current ratio of 0.90, and a quick ratio of 0.90. The fifty day moving average price for FTDR is $21.87 and a two-hundred day moving average price translates $26.04 for the stock.
The latest earnings results from Frontdoor Inc. (NASDAQ: FTDR) was released for Jun, 2022. According to the Personal Services Company, earnings per share came in at $0.53, missing analysts’ expectations of $0.56 by -0.03. This compares to $0.88 EPS in the same period last year. The net profit margin was 4.20% and return on equity was 788.60% for FTDR. The company reported revenue of $484.0 million for the quarter, compared to $471.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.76 percent. For the current quarter, analysts expect FTDR to generate $475.63M in revenue.
Frontdoor Inc.(FTDR) Company Profile
Frontdoor, Inc. provides home service plans in the United States. The company’s home service plans cover the repair or replacement of principal components of approximately 20 home systems and appliances, including electrical, plumbing, water heaters, refrigerators, dishwashers, and ranges/ovens/cooktops, as well as electronics, pools, and spas and pumps; and central heating, ventilation, and air conditioning systems. It also offers ProConnect on-demand home services business and Streem, a technology platform that uses augmented reality, computer vision, and machine learning that helps home service professionals quickly and accurately diagnose breakdowns and complete repairs. The company serves homeowners under the American Home Shield, HSA, Landmark Home Warranty, OneGuard, Frontdoor, and Streem brands. The company was founded in 1971 and is headquartered in Memphis, Tennessee.