FTD Companies Inc (FTD) Given Consensus Rating of “Hold” by Analysts

FTD Companies Inc (NASDAQ:FTD) has earned an average rating of “Hold” from the eight ratings firms that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $13.00.

A number of equities research analysts recently commented on the company. Zacks Investment Research upgraded FTD Companies from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 10th. Craig Hallum decreased their target price on FTD Companies from $18.00 to $10.00 and set a “hold” rating on the stock in a research report on Thursday, November 9th. DA Davidson decreased their target price on FTD Companies from $17.00 to $8.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 15th. Finally, ValuEngine downgraded FTD Companies from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st.

Several large investors have recently bought and sold shares of FTD. PNC Financial Services Group Inc. lifted its position in shares of FTD Companies by 0.8% in the second quarter. PNC Financial Services Group Inc. now owns 5,498 shares of the company’s stock worth $110,000 after buying an additional 42 shares in the last quarter. BNP Paribas Arbitrage SA lifted its position in shares of FTD Companies by 91.7% in the second quarter. BNP Paribas Arbitrage SA now owns 6,588 shares of the company’s stock worth $132,000 after buying an additional 3,152 shares in the last quarter. Aperio Group LLC purchased a new stake in shares of FTD Companies in the third quarter worth about $142,000. First Quadrant L P CA purchased a new stake in FTD Companies during the third quarter valued at approximately $198,000. Finally, Public Employees Retirement System of Ohio raised its position in FTD Companies by 81.8% during the third quarter. Public Employees Retirement System of Ohio now owns 16,208 shares of the company’s stock valued at $211,000 after purchasing an additional 7,292 shares during the period. Institutional investors own 58.89% of the company’s stock.

Shares of FTD Companies (NASDAQ:FTD) traded up $0.54 during trading on Friday, hitting $8.39. The stock had a trading volume of 257,700 shares, compared to its average volume of 187,738. FTD Companies has a fifty-two week low of $6.47 and a fifty-two week high of $24.85. The stock has a market capitalization of $228.91, a P/E ratio of -1.59, a price-to-earnings-growth ratio of 0.63 and a beta of 0.35. The company has a quick ratio of 0.51, a current ratio of 0.76 and a debt-to-equity ratio of 0.60.

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About FTD Companies

FTD Companies, Inc (FTD) is a floral and gifting company. The Company operates through four segments: Consumer, Florist, International and Provide Commerce. Through its Consumer segment, FTD is a direct marketer of floral and gift products for consumers, primarily in the United States and Canada. Through its Florist segment, the Company is a provider of products and services to its floral network members, which include traditional retail florists and other non-florist retail locations, primarily in the United States and Canada.

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