Andina Capital Management LLC bought a new stake in shares of Frontdoor Inc. (NASDAQ:FTDR - Free Report) during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 9,199 shares of the company's stock, valued at approximately $353,000.
A number of other large investors have also recently bought and sold shares of the stock. Nuveen LLC purchased a new position in shares of Frontdoor during the 1st quarter worth $32,213,000. Price T Rowe Associates Inc. MD lifted its stake in shares of Frontdoor by 621.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 881,083 shares of the company's stock worth $48,169,000 after purchasing an additional 758,947 shares during the period. Fiera Capital Corp purchased a new position in shares of Frontdoor during the 1st quarter worth $28,024,000. Fuller & Thaler Asset Management Inc. lifted its stake in shares of Frontdoor by 33.1% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 2,752,723 shares of the company's stock worth $105,760,000 after purchasing an additional 685,148 shares during the period. Finally, Invesco Ltd. lifted its stake in shares of Frontdoor by 46.9% during 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.
Frontdoor Trading Up 1.9%
NASDAQ FTDR traded up $1.09 during mid-day trading on Friday, hitting $59.76. The company's stock had a trading volume of 624,663 shares, compared to its average volume of 730,103. Frontdoor Inc. has a 52-week low of $35.61 and a 52-week high of $64.91. The stock's fifty day simple moving average is $58.25 and its two-hundred day simple moving average is $51.40. The company has a debt-to-equity ratio of 4.56, a current ratio of 1.49 and a quick ratio of 1.49. The firm has a market capitalization of $4.35 billion, a P/E ratio of 17.63 and a beta of 1.32.
Frontdoor (NASDAQ:FTDR - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $1.63 EPS for the quarter, beating the consensus estimate of $1.44 by $0.19. Frontdoor had a net margin of 13.07% and a return on equity of 125.21%. The firm had revenue of $617.00 million for the quarter, compared to analyst estimates of $602.62 million. During the same quarter last year, the firm posted $1.27 earnings per share. Frontdoor's revenue for the quarter was up 13.8% compared to the same quarter last year. Frontdoor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Research analysts expect that Frontdoor Inc. will post 3.07 EPS for the current year.
Insiders Place Their Bets
In related news, SVP Jeffrey Fiarman sold 129,673 shares of the company's stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $56.15, for a total transaction of $7,281,138.95. Following the completion of the sale, the senior vice president directly owned 34,646 shares of the company's stock, valued at approximately $1,945,372.90. This represents a 78.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.48% of the company's stock.
Wall Street Analyst Weigh In
FTDR has been the topic of a number of recent analyst reports. Oppenheimer increased their price target on Frontdoor from $56.00 to $63.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 6th. JPMorgan Chase & Co. increased their price target on Frontdoor from $50.00 to $55.00 and gave the stock a "neutral" rating in a research note on Tuesday, June 3rd. Truist Financial increased their price target on Frontdoor from $67.00 to $71.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. Finally, The Goldman Sachs Group upped their price objective on Frontdoor from $44.00 to $50.00 and gave the stock a "sell" rating in a report on Wednesday, August 6th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Frontdoor currently has an average rating of "Hold" and a consensus price target of $59.75.
Get Our Latest Stock Analysis on Frontdoor
About Frontdoor
(
Free Report)
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.
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