front door, inc. (NASDAQ:FTDR) – Equity research analysts Truist Financial released their first-quarter 2022 EPS estimates for frontdoor stocks in a research report released Friday, January 28. Truist Financial analyst Y. Squali expects the company to post earnings of $0.24 per share for the quarter. Truist Financial also released estimates for Frontdoor Q2 2022 earnings at $0.86 EPS, Q3 2022 earnings at $0.91 EPS, Q4 2022 earnings at $0.27 EPS and fiscal 2026 at $3.83 EPS.
Several other analysts have also published reports on the FTDR. William Blair reaffirmed an “outperform” rating on Frontdoor shares in a Monday, October 25 research report. Zacks Investment Research downgraded Frontdoor’s shares from a “buy” rating to a “hold” rating in a research note on Wednesday, Dec. 29. Credit Suisse Group cut its price target on Frontdoor shares from $50.00 to $45.00 and set a “neutral” rating for the company in a Friday, Oct. 29 research note. Raymond James cut his price target on Frontdoor shares from $58.00 to $55.00 and set an “outperform” rating for the company in a Friday, Oct. 29 research note. Finally, JPMorgan Chase & Co. downgraded Frontdoor shares from an “overweight” rating to a “neutral” rating and lowered its target price for the company from $60.00 to $45.00 in a research note Friday, October 29. Three analysts have rated the stock with a hold rating and three have issued a buy rating for the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $51.83.
Shares of FTDR opened at $35.21 on Monday. The stock has a market capitalization of $2.98 billion, a price/earnings ratio of 24.45, a PEG ratio of 0.91 and a beta of 0.46. frontdoor has a 1-year low of $32.06 and a 1-year high of $58.94. The company’s fifty-day simple moving average is $35.74 and its two-hundred-day simple moving average is $40.56. The company has a debt ratio of 9.87, a current ratio of 0.98 and a quick ratio of 0.98. frontdoor (NASDAQ:FTDR) last released its quarterly results on Thursday, October 28. The company reported earnings per share (EPS) of $0.91 for the quarter, beating consensus analyst estimates of $0.68 by $0.23. The company had revenue of $471.00 million in the quarter, versus a consensus estimate of $476.46 million. frontdoor posted a negative return on equity of 1,514.29% and a net margin of 7.76%. The company’s quarterly revenue increased 7.0% year over year. In the same quarter of the previous year, the company achieved EPS of $0.59.
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Separately, director Peter L. Cella acquired 5,000 shares of the company in a transaction that took place on Monday, November 8. The shares were purchased at an average cost of $35.23 per share, for a total transaction of $176,150.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.46% of the company’s shares.
Major investors have recently been buying and selling stocks. PNC Financial Services Group Inc. increased its position in the gateway sector by 1,474.8% in Q3. PNC Financial Services Group Inc. now owns 1,622 shares of the company valued at $68,000 after purchasing an additional 1,519 shares in the last quarter. The Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Frontdoor stock during Q2 for $74,000. Van ECK Associates Corp bought a new stake in Frontdoor stock during Q4 for $98,000. BNP Paribas Arbitrage SA increased its position in frontdoor equities by 44.3% in the third quarter. BNP Paribas Arbitrage SA now owns 2,497 shares in the company worth $105,000 after purchasing an additional 766 shares last quarter. Finally, Dark Forest Capital Management LP purchased a new stake in Frontdoor stock in Q2 worth approximately $107,000.
About the front door
Frontdoor, Inc is engaged in the provision of home service plans. Its in-home service plans cover the repair or replacement of major home systems and appliances. The company’s service focuses on water heaters, garbage disposals, doorbells, smoke detectors, ceiling fans, central vacuums, refrigerators, dishwashers and trash compactors.
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