Frontdoor (NASDAQ:FTDR – Get Free Report) had its target price lifted by equities research analysts at Wells Fargo & Company from $36.00 to $39.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage presently has an “equal weight” rating on the stock. Wells Fargo & Company‘s target price would suggest a potential upside of 8.51% from the stock’s current price.
Frontdoor Stock Down 0.0 %
Shares of NASDAQ FTDR opened at $35.94 on Monday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 3.54. Frontdoor has a 12-month low of $28.25 and a 12-month high of $38.97. The company has a market cap of $2.80 billion, a P/E ratio of 15.76 and a beta of 0.89. The stock has a fifty day moving average price of $31.38 and a 200 day moving average price of $32.87.
Frontdoor (NASDAQ:FTDR – Get Free Report) last posted its earnings results on Wednesday, February 28th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.18. Frontdoor had a net margin of 10.27% and a return on equity of 132.00%. The business had revenue of $366.00 million for the quarter, compared to analysts’ expectations of $360.47 million. During the same period in the previous year, the company posted $0.13 earnings per share. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. Research analysts anticipate that Frontdoor will post 2.39 EPS for the current fiscal year.
Institutional Investors Weigh In On Frontdoor
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.
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