Frontdoor Inc. (NASDAQ:FTDR) Receives $59.75 Consensus Target Price from Analysts

Frontdoor Inc. (NASDAQ:FTDR) has earned an average recommendation of “Moderate Buy” from the six analysts that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $59.75.

Several brokerages have issued reports on FTDR. Truist Financial raised their price objective on Frontdoor from $67.00 to $71.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. The Goldman Sachs Group raised 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. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Frontdoor in a report on Saturday, September 27th. Zacks Research raised Frontdoor from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 27th. Finally, Oppenheimer raised their price objective on Frontdoor from $56.00 to $63.00 and gave the stock an “outperform” rating in a report on Wednesday, August 6th.

Insider Buying and Selling at Frontdoor

In other news, SVP Jeffrey Fiarman sold 129,673 shares of the stock in a transaction dated 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 owned 34,646 shares in the company, valued at approximately $1,945,372.90. This represents a 78.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.48% of the company’s stock.

Institutional Investors Weigh In On Frontdoor

Hedge funds have recently made changes to their positions in the business. Bessemer Group Inc. boosted its stake in shares of Frontdoor by 322.1% during the second quarter. Bessemer Group Inc. now owns 515 shares of the company’s stock worth $30,000 after buying an additional 393 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Frontdoor during the first quarter worth about $42,000. EverSource Wealth Advisors LLC boosted its stake in shares of Frontdoor by 164.6% during the second quarter. EverSource Wealth Advisors LLC now owns 799 shares of the company’s stock worth $47,000 after buying an additional 497 shares during the period. Elevation Point Wealth Partners LLC acquired a new stake in shares of Frontdoor during the second quarter worth about $72,000. Finally, Huntington National Bank boosted its stake in shares of Frontdoor by 56.0% during the second quarter. Huntington National Bank now owns 1,482 shares of the company’s stock worth $87,000 after buying an additional 532 shares during the period.

Frontdoor Stock Performance

Shares of FTDR stock opened at $68.72 on Friday. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 4.56. The firm has a fifty day moving average price of $62.22 and a 200 day moving average price of $54.74. The company has a market cap of $5.01 billion, a P/E ratio of 20.27 and a beta of 1.33. Frontdoor has a 12 month low of $35.61 and a 12 month high of $69.36.

Frontdoor (NASDAQ:FTDR) last released its quarterly earnings data on Tuesday, August 5th. The company reported $1.63 earnings per share (EPS) for the quarter, beating the consensus estimate 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 revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.27 earnings per share. Frontdoor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Sell-side analysts predict that Frontdoor will post 3.07 earnings per share for the current fiscal year.

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.