Frontdoor Inc. (NASDAQ:FTDR) Given Average Recommendation of “Hold” by Analysts

Shares of Frontdoor Inc. (NASDAQ:FTDR) have been assigned a consensus rating of “Hold” from the six research firms that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $59.75.

Several equities research analysts have recently commented on FTDR shares. Truist Financial lifted their price target on shares of Frontdoor from $67.00 to $71.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Oppenheimer lifted their target price on shares of Frontdoor from $56.00 to $63.00 and gave the stock an “outperform” rating in a report on Wednesday, August 6th. Zacks Research downgraded Frontdoor from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 10th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Frontdoor in a research note on Tuesday. Finally, The Goldman Sachs Group upped their price objective on Frontdoor from $44.00 to $50.00 and gave the company a “sell” rating in a report on Wednesday, August 6th.

Frontdoor Stock Down 0.2%

NASDAQ FTDR opened at $53.84 on Friday. The stock has a market capitalization of $3.88 billion, a P/E ratio of 15.34 and a beta of 1.35. Frontdoor has a 52 week low of $35.61 and a 52 week high of $70.14. The company has a debt-to-equity ratio of 3.64, a quick ratio of 1.73 and a current ratio of 1.73. The stock has a fifty day moving average of $61.85 and a 200-day moving average of $59.66.

Frontdoor (NASDAQ:FTDR) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.09. The business had revenue of $618.00 million for the quarter, compared to analysts’ expectations of $610.77 million. Frontdoor had a return on equity of 122.74% and a net margin of 12.87%.The firm’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.38 earnings per share. Frontdoor has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities research analysts forecast that Frontdoor will post 3.07 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of FTDR. Salomon & Ludwin LLC bought a new stake in Frontdoor in the third quarter valued at approximately $35,000. Bessemer Group Inc. grew its holdings in shares of Frontdoor by 322.1% in the 2nd quarter. Bessemer Group Inc. now owns 515 shares of the company’s stock valued at $30,000 after buying an additional 393 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of Frontdoor by 164.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 799 shares of the company’s stock valued at $47,000 after buying an additional 497 shares in the last quarter. Quarry LP raised its stake in Frontdoor by 429.5% during the 3rd quarter. Quarry LP now owns 879 shares of the company’s stock worth $59,000 after buying an additional 713 shares during the period. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in Frontdoor during the 1st quarter worth $42,000.

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.