NASDAQ:FTDR

Frontdoor (FTDR) Stock Forecast, Price & News

$31.84

-0.10 (-0.31%)

(As of 06/9/2023 ET)

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Today's Range: $31.63
▼
$32.22
50-Day Range: $26.29
▼
$32.19
52-Week Range: $19.06
▼
$33.88

Volume: 957,082 shs
Average Volume: 844,262 shs
Market Capitalization: $2.60 billion

P/E Ratio: 28.68
Dividend Yield: N/A
Price Target: $29.75

Frontdoor MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 2.6% Upside
$32.67 Price Target
Short Interest: Healthy
4.26% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.97
Upright™ Environmental Score
News Sentiment: 1.11
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 23.88%
From $1.34 to $1.66 Per Share

Overall MarketRank^™

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

2.02 out of 5 stars

Construction Sector

57th out of 98 stocks

Services To Dwellings & Other Buildings Industry

3rd out of 5 stocks

1.1

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 1 buy rating, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $32.67, Frontdoor has a forecasted upside of 2.6% from its current price of $31.84.
Amount of Analyst Coverage
Frontdoor has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
4.26% 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 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Frontdoor has recently decreased by 12.59%, 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.

3.4

News and Social Media Coverage

News Sentiment
Frontdoor has a news sentiment score of 1.11. 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 0.77 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Frontdoor this week, compared to 3 articles on an average week.
MarketBeat Follows
2 people have added Frontdoor to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Frontdoor are expected to grow by 23.88% in the coming year, from $1.34 to $1.66 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Frontdoor is 28.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of Frontdoor is 28.68, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 12.80.
Price to Book Value per Share Ratio
Frontdoor has a P/B Ratio of 42.45. 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 (NASDAQ:FTDR) Stock

Frontdoor, Inc. engages in the provision of home service plans. Its home service plans cover the repair or replacement of major home's systems and appliances. The firm's service focuses on water heaters, garbage disposals, doorbells, smoke detectors, ceiling fans, central vacuums, refrigerators, dishwashers and trash compactors. Its brands include American Home Shield, HSA, OneGuard and Landmark. The company was founded on January 2, 2018, and is headquartered in Memphis, TN.

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FTDR Stock News Headlines

June 6, 2023 | finance.yahoo.com

Frontdoor Launches Its Reinvention of the Home Service Plan

June 5, 2023 | finance.yahoo.com

Frontdoor Surpasses Half A Million Downloads!

June 10, 2023 | Vantage Point (Ad)

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June 2, 2023 | seekingalpha.com

Frontdoor: Improving Renewal Base With Upside From The New Frontdoor Brand

May 22, 2023 | finance.yahoo.com

American Home Shield Offering $150 Off Annual Plan This Memorial Day

May 20, 2023 | americanbankingnews.com

Analysts Set Frontdoor, Inc. (NASDAQ:FTDR) Price Target at $30.25

May 18, 2023 | seekingalpha.com

Frontdoor, Inc. 2023 Q1 - Results - Earnings Call Presentation

May 18, 2023 | americanbankingnews.com

Frontdoor, Inc. (NASDAQ:FTDR) Short Interest Down 5.3% in April

June 10, 2023 | Behind the Markets (Ad)

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May 10, 2023 | msn.com

Frontdoor surpasses 225K downloads in first month!

May 10, 2023 | finance.yahoo.com

Frontdoor Surpasses 225,000 Downloads in First Month!

May 9, 2023 | americanbankingnews.com

Frontdoor, Inc. (NASDAQ:FTDR) to Post Q3 2023 Earnings of $0.54 Per Share, William Blair Forecasts

May 9, 2023 | americanbankingnews.com

KeyCorp Comments on Frontdoor, Inc.'s Q2 2023 Earnings (NASDAQ:FTDR)

May 7, 2023 | americanbankingnews.com

JPMorgan Chase & Co. Upgrades Frontdoor (NASDAQ:FTDR) to Overweight

May 6, 2023 | seekingalpha.com

Frontdoor, Inc. (FTDR) Q1 2023 Earnings Call Transcript

May 6, 2023 | americanbankingnews.com

Frontdoor (NASDAQ:FTDR) Shares Gap Up on Better-Than-Expected Earnings

May 5, 2023 | markets.businessinsider.com

Wells Fargo Keeps Their Hold Rating on frontdoor (FTDR)

May 5, 2023 | markets.businessinsider.com

Goldman Sachs Sticks to Its Sell Rating for frontdoor (FTDR)

May 5, 2023 | finance.yahoo.com

The Returns At Frontdoor (NASDAQ:FTDR) Aren't Growing

May 4, 2023 | msn.com

Frontdoor stock flies over 10% higher on earnings beat, JP Morgan upgrade

May 4, 2023 | finance.yahoo.com

Frontdoor Announces First-Quarter 2023 Revenue Increased 4% to $367 Million

May 3, 2023 | markets.businessinsider.com

frontdoor earnings: here's what Wall Street expects

May 2, 2023 | americanbankingnews.com

Frontdoor (FTDR) Scheduled to Post Quarterly Earnings on Thursday

April 27, 2023 | americanbankingnews.com

Frontdoor, Inc. (NASDAQ:FTDR) Receives Consensus Recommendation of "Hold" from Brokerages

April 26, 2023 | finance.yahoo.com

Frontdoor Partners With HGTV for 2023 Smart Home Sweepstakes

April 20, 2023 | finance.yahoo.com

Frontdoor Now Offering Huge Discount on New HVAC Systems

April 17, 2023 | finance.yahoo.com

Frontdoor, Inc. (NASDAQ:FTDR) Shares Could Be 45% Below Their Intrinsic Value Estimate

See More Headlines

FTDR Price History

30 days | 90 days | 365 days | Advanced Chart

FTDR Company Calendar

Last Earnings: 5/04/2023
Today: 6/10/2023
Next Earnings (Estimated): 8/03/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Services to dwellings & other buildings
Sub-Industry: N/A
Sector: Construction
Current Symbol: NASDAQ:FTDR
CUSIP: N/A
CIK: 1727263
Web: www.frontdoorhome.com
Phone: (901) 701-5000
Fax: N/A
Employees: 1,712
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $32.67
High Stock Price Forecast: $38.00
Low Stock Price Forecast: $27.00
Forecasted Upside/Downside: -6.6%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.11
Trailing P/E Ratio: 28.68
Forward P/E Ratio: 23.76
P/E Growth: N/A
Net Income: $71 million
Net Margins: 5.43%
Pretax Margin: 7.10%
Return on Equity: 251.78%
Return on Assets: 11.32%

Debt

Debt-to-Equity Ratio: 7.08
Current Ratio: 0.96
Quick Ratio: 0.96

Sales & Book Value

Annual Sales: $1.66 billion
Price / Sales: 1.57
Cash Flow: $1.86 per share
Price / Cash Flow: 17.12
Book Value: $0.75 per share
Price / Book: 42.45

Miscellaneous

Outstanding Shares: 81,730,000
Free Float: 81,489,000
Market Cap: $2.60 billion
Optionable: Not Optionable
Beta: 0.70

Key Executives

William C. Cobb
Chairman & Chief Executive Officer

Jessica P Ross
Chief Financial Officer & Senior Vice President

Jeffrey A. Fiarman
Secretary, Senior Vice President & General Counsel

Kathryn M. Collins
Chief Marketing Officer & Senior Vice President

Kerri Jones
Chief People Officer & Senior Vice President

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

FTDR Stock - Frequently Asked Questions

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 twelve months. There are currently 3 hold ratings and 1 buy rating 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 forecast for 2023?: 4 Wall Street analysts have issued 1 year target prices for Frontdoor's stock. Their FTDR share price forecasts range from $27.00 to $38.00. On average, they expect the company's share price to reach $32.67 in the next year. This suggests a possible upside of 2.6% 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 stock has increased by 53.1% and is now trading at $31.84.
View the best growth stocks for 2023 here.
When is Frontdoor's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our FTDR earnings forecast.
How were Frontdoor's earnings last quarter?: Frontdoor, Inc. (NASDAQ:FTDR) announced its earnings results on Thursday, May, 4th. The company reported $0.29 EPS for the quarter, beating analysts' consensus estimates of $0.07 by $0.22. The business earned $367 million during the quarter, compared to analyst estimates of $360.74 million. Frontdoor had a net margin of 5.43% and a trailing twelve-month return on equity of 251.78%. Frontdoor's revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.04 earnings per share.
What ETFs hold Frontdoor's stock?: ETFs with the largest weight of Frontdoor (NASDAQ:FTDR) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), SRH U.S. Quality ETF (SRHQ), Convergence Long/Short Equity ETF (CLSE), Royce Quant Small-Cap Quality Value ETF (SQLV), SPDR S&P SmallCap 600 ESG ETF (ESIX), Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS), Timothy Plan US Small Cap Core ETF (TPSC) and iShares ESG Screened S&P Small-Cap ETF (XJR).
What guidance has Frontdoor issued on next quarter's earnings?: Frontdoor updated its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $505.00 million-$520.00 million, compared to the consensus revenue estimate of $494.48 million.

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).
What is Frontdoor's stock symbol?: Frontdoor trades on the NASDAQ under the ticker symbol "FTDR."
Who are Frontdoor's major shareholders?: Frontdoor's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (16.06%), Mackenzie Financial Corp (6.78%), ArrowMark Colorado Holdings LLC (6.02%), Boston Partners (5.74%), State Street Corp (4.96%) and FIL Ltd (3.99%). Insiders that own company stock include Anna C Catalano, 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.
What is Frontdoor's stock price today?: One share of FTDR stock can currently be purchased for approximately $31.84.
How much money does Frontdoor make?: Frontdoor (NASDAQ:FTDR) has a market capitalization of $2.60 billion and generates $1.66 billion in revenue each year. The company earns $71 million in net income (profit) each year or $1.11 on an earnings per share basis.
How many employees does Frontdoor have?: The company employs 1,712 workers across the globe.
How can I contact Frontdoor?: Frontdoor's mailing address is 150 PEABODY PLACE, MEMPHIS TN, 38103. The official website for the company is www.frontdoorhome.com. The company can be reached via phone at (901) 701-5000 or via email at matt.davis@frontdoorhome.com.

This page (NASDAQ:FTDR) was last updated on 6/10/2023 by MarketBeat.com Staff

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