Should I buy or sell Frontdoor stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Frontdoor in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" FTDR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FTDR, but not buy additional shares or sell existing shares. View FTDR analyst ratings or view top-rated stocks .

What is Frontdoor's stock price target for 2024?

4 Wall Street analysts have issued 12 month target prices for Frontdoor's shares. Their FTDR share price targets range from $30.00 to $45.00. On average, they predict the company's stock price to reach $38.80 in the next twelve months. This suggests a possible upside of 10.9% from the stock's current price. View analysts price targets for FTDR or view top-rated stocks among Wall Street analysts .

How have FTDR shares performed in 2023?

Frontdoor's stock was trading at $20.80 on January 1st, 2023. Since then, FTDR shares have increased by 68.2% and is now trading at $34.98. View the best growth stocks for 2023 here .

Are investors shorting Frontdoor?

Frontdoor saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 3,150,000 shares, a decrease of 11.8% from the October 31st total of 3,570,000 shares. Based on an average trading volume of 731,800 shares, the days-to-cover ratio is currently 4.3 days. Approximately 4.0% of the shares of the stock are short sold. View Frontdoor's Short Interest .

When is Frontdoor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 6th 2024. View our FTDR earnings forecast .

How were Frontdoor's earnings last quarter?

Frontdoor, Inc. (NASDAQ:FTDR) announced its quarterly earnings data on Wednesday, November, 1st. The company reported $0.94 earnings per share for the quarter, beating analysts' consensus estimates of $0.54 by $0.40. The company earned $524 million during the quarter, compared to analyst estimates of $512.98 million. Frontdoor had a trailing twelve-month return on equity of 162.33% and a net margin of 9.75%. Frontdoor's quarterly revenue was up 8.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.56 EPS.

What ETFs hold Frontdoor's stock?

ETFs with the largest weight of Frontdoor (NASDAQ:FTDR) stock in their portfolio include Invesco Building & Construction ETF (PKB) , Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) , Innovator IBD Breakout Opportunities ETF (BOUT) and Harbor Small Cap Explorer ETF (QWST) . SPDR S&P 600 Small Cap ETF (SLY) .

What other stocks do shareholders of Frontdoor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Frontdoor investors own include Alibaba Group (BABA) , Tencent (TCEHY) , CVS Health (CVS) , Intellia Therapeutics (NTLA) , Accenture (ACN) , Dropbox (DBX) , Glu Mobile (GLUU) , JD.com (JD) , LGI Homes (LGIH) and Pinterest (PINS) .

Who are Frontdoor's major shareholders?

Frontdoor's stock is owned by many different institutional and retail investors. Top institutional shareholders include Mackenzie Financial Corp (6.50%), Boston Partners (5.97%), Reinhart Partners LLC. (2.22%), Paradice Investment Management LLC (2.12%), Morgan Stanley (1.82%) and Fuller & Thaler Asset Management Inc. (1.50%). Insiders that own company stock include Anna C Catalano , Jeffrey Fiarman , Peter L Cella and William C Cobb . View institutional ownership trends .

How do I buy shares of Frontdoor?

Shares of FTDR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

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Frontdoor Stock Price, News & Analysis (NASDAQ:FTDR)

$34.98

-0.31 (-0.88%)

(As of 12/8/2023 ET)

Compare

Today's Range: $34.86
▼
$35.67
50-Day Range: $28.33
▼
$35.57
52-Week Range: $19.06
▼
$38.97

Volume: 669,329 shs
Average Volume: 741,065 shs
Market Capitalization: $2.79 billion

P/E Ratio: 16.58
Dividend Yield: N/A
Price Target: $38.80

Frontdoor MarketRank™ Stock Analysis

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 10.9% Upside
$38.80 Price Target
Short Interest: Healthy
3.97% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.97
Upright™ Environmental Score
News Sentiment: 1.72
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 10.38%
From $2.12 to $2.34 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.13 out of 5 stars

Construction Sector

38th out of 91 stocks

Services To Dwellings & Other Buildings Industry

2nd out of 4 stocks

2.1

Analyst's Opinion

Consensus Rating
Frontdoor has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $38.80, Frontdoor has a forecasted upside of 10.9% from its current price of $34.98.
Amount of Analyst Coverage
Frontdoor has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
3.97% of the float of Frontdoor has been sold short.
Short Interest Ratio / Days to Cover
Frontdoor has a short interest ratio ("days to cover") of 4.3.
Change versus previous month
Short interest in Frontdoor has recently decreased by 11.76%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Frontdoor does not currently pay a dividend.
Dividend Growth
Frontdoor does not have a long track record of dividend growth.

3.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Frontdoor has received a 40.44% net impact score from Upright. Frontdoor seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Home insurance services for individuals", "Home warranties", and "Locks and keys" products. See details.
Environmental Sustainability
The Environmental Impact score for Frontdoor is -0.97.

3.7

News and Social Media Coverage

News Sentiment
Frontdoor has a news sentiment score of 1.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.75 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Frontdoor this week, compared to 3 articles on an average week.
Search Interest
1 people have searched for FTDR on MarketBeat in the last 30 days.
MarketBeat Follows
8 people have added Frontdoor to their MarketBeat watchlist in the last 30 days. This is an increase of 700% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Frontdoor insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.29% of the stock of Frontdoor is held by insiders.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Frontdoor are expected to grow by 10.38% in the coming year, from $2.12 to $2.34 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Frontdoor is 16.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.16.
Price to Earnings Ratio vs. Sector
The P/E ratio of Frontdoor is 16.58, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 16.14.
Price to Book Value per Share Ratio
Frontdoor has a P/B Ratio of 46.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Frontdoor Stock (NASDAQ:FTDR)

Frontdoor, Inc. provides home service plans in the United States. The company's home service plans cover 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. It also offers on-demand home services business; and Streem, a technology platform that uses augmented reality, computer vision, and machine learning that helps home service professionals quickly and accurately diagnose breakdowns and complete repairs. The company serves homeowners under the Frontdoor, American Home Shield, HSA, OneGuard, Landmark Home Warranty, ProConnect, and Streem brands. The company was founded in 1971 and is headquartered in Memphis, Tennessee.

FTDR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FTDR Stock News Headlines

November 26, 2023 | finance.yahoo.com

Frontdoor's (NASDAQ:FTDR) investors will be pleased with their decent 47% return over the last five years

November 22, 2023 | finance.yahoo.com

American Home Shield Black Friday Deal, 30% Off Annual Plans

December 9, 2023 | DTI Trader (Ad)

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November 13, 2023 | finance.yahoo.com

What Makes Frontdoor (FTDR) a Strong Momentum Stock: Buy Now?

November 10, 2023 | cnbc.com

Watch CNBC's full interview with Frontdoor CEO Bill Cobb and Masonite CEO Howard Heckes

November 9, 2023 | finance.yahoo.com

Will Frontdoor (FTDR) Gain on Rising Earnings Estimates?

November 6, 2023 | seekingalpha.com

Frontdoor: Strong Retention And Operational Outperformance Driving Growth

November 3, 2023 | markets.businessinsider.com

Truist Financial Keeps Their Buy Rating on frontdoor (FTDR)

December 9, 2023 | DTI Trader (Ad)

All the trading advice you’ve ever received boils down to this

November 3, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: Brinker International (EAT) and frontdoor (FTDR)

November 3, 2023 | markets.businessinsider.com

Analysts Conflicted on These NA Names: frontdoor (FTDR), Rush Street Interactive (RSI) and Dollar Tree (DLTR)

November 2, 2023 | finance.yahoo.com

Frontdoor, Inc. (NASDAQ:FTDR) Q3 2023 Earnings Call Transcript

November 2, 2023 | finance.yahoo.com

Frontdoor Showcased to Real Estate Community at T3 Technology Summit