Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of Frontdoor Inc. (NASDAQ:FTDR – Free Report) by 41.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,743 shares of the company’s stock after buying an additional 12,255 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.06% of Frontdoor worth $2,426,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FTDR. Marshall Wace LLP bought a new position in Frontdoor during the 3rd quarter valued at approximately $23,871,000. Cubist Systematic Strategies LLC increased its position in Frontdoor by 309.6% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 431,446 shares of the company’s stock valued at $25,429,000 after buying an additional 326,112 shares in the last quarter. Millennium Management LLC increased its position in Frontdoor by 533.0% during the 1st quarter. Millennium Management LLC now owns 307,497 shares of the company’s stock valued at $11,814,000 after buying an additional 258,920 shares in the last quarter. Jane Street Group LLC increased its position in Frontdoor by 149.7% during the 2nd quarter. Jane Street Group LLC now owns 360,228 shares of the company’s stock valued at $21,232,000 after buying an additional 215,982 shares in the last quarter. Finally, Squarepoint Ops LLC increased its position in Frontdoor by 936.9% during the 2nd quarter. Squarepoint Ops LLC now owns 163,980 shares of the company’s stock valued at $9,665,000 after buying an additional 148,166 shares in the last quarter.
Analysts Set New Price Targets
FTDR has been the subject of a number of analyst reports. Weiss Ratings raised Frontdoor from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, April 22nd. Wall Street Zen downgraded Frontdoor from a “buy” rating to a “hold” rating in a research note on Sunday, March 8th. Truist Financial set a $71.00 target price on Frontdoor in a research note on Monday, January 26th. Oppenheimer reiterated an “outperform” rating and set a $70.00 target price on shares of Frontdoor in a research note on Thursday, February 26th. Finally, The Goldman Sachs Group upgraded Frontdoor from a “sell” rating to a “neutral” rating and increased their target price for the company from $50.00 to $67.00 in a research note on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Frontdoor has a consensus rating of “Moderate Buy” and an average target price of $68.60.
Frontdoor Stock Performance
Shares of FTDR opened at $68.63 on Friday. The business’s fifty day simple moving average is $60.33 and its two-hundred day simple moving average is $58.77. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 4.73. Frontdoor Inc. has a 12 month low of $45.52 and a 12 month high of $70.77. The company has a market cap of $4.85 billion, a price-to-earnings ratio of 20.13 and a beta of 1.41.
Frontdoor (NASDAQ:FTDR – Get Free Report) last issued its earnings results on Thursday, April 30th. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.66 by $0.07. Frontdoor had a return on equity of 120.79% and a net margin of 12.18%.The business had revenue of $451.00 million for the quarter, compared to the consensus estimate of $442.28 million. During the same period last year, the business posted $0.64 EPS. The company’s revenue was up 5.9% compared to the same quarter last year. Research analysts anticipate that Frontdoor Inc. will post 4.41 earnings per share for the current fiscal year.
Key Frontdoor News
Here are the key news stories impacting Frontdoor this week:
- Positive Sentiment: Quarterly beat — Frontdoor reported Q1 EPS of $0.73 (above consensus ~$0.63–$0.66) and revenue of $451.0M vs. estimates near $442M; revenue rose ~5.9% year-over-year, supporting the upside move. MarketBeat Q1 release Zacks note
- Positive Sentiment: Revenue guidance for Q2 was provided in a $635M–$650M range (consensus ~ $640M); the high end exceeds estimates and reduces near-term uncertainty. Management also gave FY revenue guidance centered near $2.2B. These forward ranges likely helped sentiment. Guidance / press release
- Neutral Sentiment: Conference call and full earnings transcripts are available for more color on claim trends, membership growth and unit economics — useful for deciding if the beat is durable. Seeking Alpha transcript Yahoo transcript
- Neutral Sentiment: Technical and liquidity context: trading volume spiked well above average and the 50‑day moving average sits above the 200‑day, indicating positive momentum — could amplify short‑term moves but not a substitute for fundamentals. MSN coverage
- Negative Sentiment: Leverage is notable — Frontdoor’s debt-to-equity ratio is high (~4.7), which raises financial risk if margins or cash flow weaken; investors should watch free cash flow and interest coverage in coming quarters. (Background financials referenced in filings/coverage.)
Frontdoor Profile
Frontdoor, Inc (NASDAQ:FTDR) is a leading provider of home service plans and repair solutions for residential property owners. The company offers contract-based coverage that helps homeowners manage the cost of repairing and replacing essential household systems and appliances, including heating and cooling, plumbing, electrical wiring, water heaters, washers, dryers, refrigerators and other major kitchen equipment.
Frontdoor delivers its services through a nationwide network of independent service professionals and contractors, leveraging a cloud-based platform and call center infrastructure to coordinate service visits and process claims.
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