Profund Advisors LLC Purchases New Shares in Frontdoor Inc. $FTDR

Profund Advisors LLC purchased a new position in Frontdoor Inc. (NASDAQ:FTDR) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,677 shares of the company’s stock, valued at approximately $217,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Boston Partners raised its stake in shares of Frontdoor by 1.2% in the first quarter. Boston Partners now owns 5,980,271 shares of the company’s stock valued at $229,891,000 after acquiring an additional 68,733 shares during the period. Fuller & Thaler Asset Management Inc. grew its holdings in Frontdoor by 33.1% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 2,752,723 shares of the company’s stock valued at $105,760,000 after purchasing an additional 685,148 shares during the last quarter. Invesco Ltd. raised its position in Frontdoor by 46.9% in the 1st quarter. Invesco Ltd. now owns 1,223,776 shares of the company’s stock worth $47,017,000 after purchasing an additional 390,434 shares during the period. Northern Trust Corp lifted its stake in Frontdoor by 3.2% in the first quarter. Northern Trust Corp now owns 963,544 shares of the company’s stock worth $37,019,000 after purchasing an additional 29,892 shares during the last quarter. Finally, Nuveen LLC bought a new stake in Frontdoor in the first quarter worth about $32,213,000.

Frontdoor Price Performance

FTDR opened at $51.14 on Monday. Frontdoor Inc. has a 12-month low of $35.61 and a 12-month high of $70.14. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 3.64. The business’s fifty day simple moving average is $64.15 and its 200-day simple moving average is $59.75. The company has a market capitalization of $3.69 billion, a price-to-earnings ratio of 14.57 and a beta of 1.35.

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

Analyst Ratings Changes

A number of research firms have recently commented on FTDR. The Goldman Sachs Group upped their target price on Frontdoor from $44.00 to $50.00 and gave the company a “sell” rating in a research note on Wednesday, August 6th. Oppenheimer increased their target price on Frontdoor from $56.00 to $63.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 6th. Zacks Research lowered shares of 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 Thursday. Finally, Wall Street Zen upgraded shares of Frontdoor from a “hold” rating to a “buy” rating in a report on Sunday. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $59.75.

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.