Compass Ion Advisors LLC Makes New $271,000 Investment in Frontdoor Inc. $FTDR

Key Points

• Compass Ion Advisors LLC has acquired 4,586 shares of Frontdoor Inc., valued at approximately $271,000, marking a new position for the firm.
• Frontdoor recently reported quarterly earnings of $1.63 EPS, surpassing expectations, with revenue up 13.8% compared to the previous year.
• Goldman Sachs raised its target price for Frontdoor from $44.00 to $50.00, while Truist Financial upgraded it to $71.00, indicating a varied analyst sentiment on the stock.

Compass Ion Advisors LLC acquired a new stake in shares of Frontdoor Inc. (NASDAQ:FTDR - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,586 shares of the company's stock, valued at approximately $271,000.

Other large investors have also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Frontdoor during the first quarter valued at $42,000. IFP Advisors Inc grew its holdings in shares of Frontdoor by 80,766.7% during the first quarter. IFP Advisors Inc now owns 2,426 shares of the company's stock valued at $93,000 after buying an additional 2,423 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Frontdoor by 16.5% during the first quarter. GAMMA Investing LLC now owns 2,447 shares of the company's stock valued at $94,000 after buying an additional 347 shares during the last quarter. CWM LLC grew its holdings in shares of Frontdoor by 91.2% during the first quarter. CWM LLC now owns 2,574 shares of the company's stock valued at $99,000 after buying an additional 1,228 shares during the last quarter. Finally, Blue Trust Inc. grew its holdings in shares of Frontdoor by 70.3% during the first quarter. Blue Trust Inc. now owns 2,780 shares of the company's stock valued at $107,000 after buying an additional 1,148 shares during the last quarter.

Insider Buying and Selling

In related news, SVP Jeffrey Fiarman sold 129,673 shares of the firm's 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 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 trade represents a 78.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.48% of the company's stock.

Frontdoor Price Performance

Shares of FTDR traded up $0.54 during mid-day trading on Tuesday, hitting $68.58. 230,559 shares of the company were exchanged, compared to its average volume of 737,582. Frontdoor Inc. has a 1-year low of $35.61 and a 1-year high of $68.86. The company has a debt-to-equity ratio of 4.56, a quick ratio of 1.49 and a current ratio of 1.49. The company has a 50 day moving average of $60.57 and a 200-day moving average of $52.88. The stock has a market cap of $5.00 billion, a price-to-earnings ratio of 20.22 and a beta of 1.34.

Frontdoor (NASDAQ:FTDR - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $1.63 EPS for the quarter, beating analysts' consensus estimates of $1.44 by $0.19. The company had revenue of $617.00 million during the quarter, compared to the consensus estimate of $602.62 million. Frontdoor had a net margin of 13.07% and a return on equity of 125.21%. Frontdoor's quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.27 EPS. Frontdoor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts expect that Frontdoor Inc. will post 3.07 EPS for the current fiscal year.

Wall Street Analyst Weigh In

FTDR has been the topic of several recent research reports. Zacks Research raised shares of Frontdoor from a "hold" rating to a "strong-buy" rating in a report on Wednesday, August 27th. The Goldman Sachs Group upped their price target on shares of Frontdoor from $44.00 to $50.00 and gave the company a "sell" rating in a report on Wednesday, August 6th. Truist Financial upped their price target on shares of Frontdoor from $67.00 to $71.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Oppenheimer upped their price target on shares of Frontdoor from $56.00 to $63.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. Finally, JPMorgan Chase & Co. upped their price target on shares of Frontdoor from $50.00 to $55.00 and gave the company a "neutral" rating in a report on Tuesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $59.75.

About Frontdoor

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.