Zacks: Frontdoor Inc (FTDR) Given $42.33 Average Target Price by Analysts

Frontdoor Inc (NASDAQ:FTDR) has earned a consensus broker rating score of 1.00 (Strong Buy) from the three brokers that cover the stock, Zacks Investment Research reports. Three equities research analysts have rated the stock with a strong buy rating.

Analysts have set a one year consensus price target of $42.33 for the company and are predicting that the company will post $0.06 EPS for the current quarter, according to Zacks. Zacks has also assigned Frontdoor an industry rank of 205 out of 257 based on the ratings given to related companies.

A number of analysts recently issued reports on FTDR shares. CIBC started coverage on Frontdoor in a research report on Tuesday, October 2nd. They set an “outperform” rating and a $48.00 price objective for the company. Oppenheimer set a $40.00 price objective on Frontdoor and gave the stock a “buy” rating in a research report on Monday, November 5th. Compass Point cut their price objective on Frontdoor from $51.75 to $42.00 and set a “buy” rating for the company in a research report on Tuesday, November 6th. UBS Group cut Frontdoor from a “buy” rating to a “hold” rating in a report on Wednesday, October 3rd. Finally, Gabelli assumed coverage on Frontdoor in a report on Tuesday, October 2nd. They set a “buy” rating and a $55.00 target price for the company.

Shares of NASDAQ:FTDR opened at $22.28 on Friday. Frontdoor has a 12-month low of $20.68 and a 12-month high of $49.92.

Frontdoor (NASDAQ:FTDR) last issued its quarterly earnings data on Monday, November 5th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.02. The business had revenue of $377.00 million for the quarter, compared to analyst estimates of $369.50 million. Frontdoor’s revenue for the quarter was up 9.0% on a year-over-year basis. As a group, equities analysts anticipate that Frontdoor will post 1.43 earnings per share for the current fiscal year.

Frontdoor Company Profile

frontdoor, inc. operates a home services platform that provides home service plans to homeowners in the United States. It provides services under the HSA, OneGuard, Landmark, and American Home Shield brand names. The company serves homeowners who require assistance with technical home repair issues by utilizing its network of pre-qualified professional contractor firms.

See Also: Why do companies engage in swaps?

Get a free copy of the Zacks research report on Frontdoor (FTDR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for Frontdoor (NASDAQ:FTDR)

Receive News & Ratings for Frontdoor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Frontdoor and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit