Frontdoor Inc (NASDAQ:FTDR) has earned a consensus rating of “Buy” from the sixteen research firms that are presently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $43.91.
Several equities research analysts recently issued reports on FTDR shares. Wells Fargo & Co started coverage on shares of Frontdoor in a report on Monday, March 25th. They set an “outperform” rating on the stock. William Blair reaffirmed a “market perform” rating on shares of aTyr Pharma in a report on Tuesday, March 26th. Credit Suisse Group set a €50.00 ($58.14) price target on shares of Unilever and gave the company a “neutral” rating in a report on Thursday, April 18th. Raymond James started coverage on shares of Planet Fitness in a research report on Wednesday, June 26th. They set an “outperform” rating and a $80.00 target price on the stock. Finally, JPMorgan Chase & Co. set a €21.00 ($24.42) target price on shares of Signify and gave the stock a “sell” rating in a research report on Monday, March 25th.
Shares of Frontdoor stock traded up $0.07 during midday trading on Friday, hitting $46.05. 522,255 shares of the company traded hands, compared to its average volume of 625,643. The stock has a market capitalization of $3.89 billion and a PE ratio of 26.02. The business has a fifty day simple moving average of $42.74. Frontdoor has a 12 month low of $20.66 and a 12 month high of $49.92.
In other Frontdoor news, Director Peter L. Cella bought 7,000 shares of the business’s stock in a transaction that occurred on Friday, May 10th. The shares were acquired at an average cost of $38.47 per share, for a total transaction of $269,290.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. 0.09% of the stock is owned by company insiders.
A number of large investors have recently bought and sold shares of FTDR. Janus Henderson Group PLC acquired a new position in shares of Frontdoor in the 1st quarter worth approximately $210,453,000. Iridian Asset Management LLC CT acquired a new position in shares of Frontdoor in the 1st quarter worth approximately $145,676,000. FIL Ltd acquired a new position in shares of Frontdoor in the 1st quarter worth approximately $116,498,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in shares of Frontdoor in the 1st quarter worth approximately $59,584,000. Finally, Chilton Investment Co. LLC acquired a new position in shares of Frontdoor in the 1st quarter worth approximately $34,011,000. Institutional investors and hedge funds own 94.09% of the company’s stock.
frontdoor, inc. provides home service plans in the United States. The company's home service plans cover the repair or replacement of components of up to 21 household systems and appliances, including electrical, plumbing, water heaters, refrigerators, dishwashers, and ranges/ovens/cooktops, as well as central heating, ventilation and air conditioning systems.
Further Reading: Price-Sales Ratio
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