Frontdoor Inc. (NASDAQ:FTDR) Receives Average Recommendation of “Hold” from Brokerages

Frontdoor Inc. (NASDAQ:FTDR) has been given an average recommendation of “Hold” by the six ratings firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $59.75.

A number of research analysts have issued reports on FTDR shares. Zacks Research cut Frontdoor from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 10th. The Goldman Sachs Group lifted their price target on Frontdoor from $44.00 to $50.00 and gave the company a “sell” rating in a research note on Wednesday, August 6th. Truist Financial lifted their price target on Frontdoor from $67.00 to $71.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Oppenheimer lifted their price target on Frontdoor from $56.00 to $63.00 and gave the company an “outperform” rating in a research note on Wednesday, August 6th. Finally, Weiss Ratings raised Frontdoor from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Saturday, October 25th.

Frontdoor Stock Performance

Frontdoor stock opened at $66.44 on Tuesday. Frontdoor has a 12-month low of $35.61 and a 12-month high of $70.14. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 4.56. The business’s 50-day moving average price is $65.62 and its two-hundred day moving average price is $58.64. The stock has a market cap of $4.84 billion, a PE ratio of 19.60 and a beta of 1.33.

Frontdoor (NASDAQ:FTDR) last released its earnings results on Tuesday, August 5th. The company reported $1.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.19. Frontdoor had a return on equity of 125.21% and a net margin of 13.07%.The firm had revenue of $617.00 million for the quarter, compared to analysts’ expectations of $602.62 million. During the same quarter in the previous year, the business posted $1.27 earnings per share. The business’s revenue for the quarter was up 13.8% on a year-over-year basis. Frontdoor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, analysts expect that Frontdoor will post 3.07 earnings per share for the current fiscal year.

Insider Activity at Frontdoor

In other news, SVP Jeffrey Fiarman sold 129,673 shares of Frontdoor stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $56.15, for a total transaction of $7,281,138.95. Following the sale, the senior vice president directly owned 34,646 shares of the company’s stock, valued at approximately $1,945,372.90. This trade represents a 78.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 1.48% of the company’s stock.

Hedge Funds Weigh In On Frontdoor

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Personalized Indexing Management LLC lifted its stake in shares of Frontdoor by 6.8% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 6,305 shares of the company’s stock worth $424,000 after acquiring an additional 402 shares during the period. Teacher Retirement System of Texas lifted its stake in shares of Frontdoor by 3.6% in the third quarter. Teacher Retirement System of Texas now owns 204,307 shares of the company’s stock worth $13,748,000 after acquiring an additional 7,140 shares during the period. Andina Capital Management LLC lifted its stake in shares of Frontdoor by 5.0% in the third quarter. Andina Capital Management LLC now owns 10,255 shares of the company’s stock worth $690,000 after acquiring an additional 488 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in shares of Frontdoor by 24.4% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 29,488 shares of the company’s stock worth $1,984,000 after acquiring an additional 5,775 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of Frontdoor by 21.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,997 shares of the company’s stock worth $326,000 after acquiring an additional 880 shares during the period.

Frontdoor Company Profile

Frontdoor, Inc provides home warranties in the United States in the United States. Its customizable home warranties help customers protect and maintain their homes from costly and unplanned breakdowns of essential home systems and appliances. The company’s home warranty customers subscribe to an annual service plan agreement that covers 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 heating, ventilation, and air conditioning systems.