Frontdoor Inc. (NASDAQ:FTDR – Get Free Report) has been assigned an average rating of “Moderate Buy” from the seven ratings firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $97.40.
FTDR has been the topic of several research reports. Oppenheimer raised their price objective on Frontdoor from $70.00 to $100.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. The Goldman Sachs Group lowered their price target on shares of Frontdoor from $91.00 to $81.00 and set a “neutral” rating on the stock in a report on Monday, October 12th. JPMorgan Chase & Co. initiated coverage on Frontdoor in a research note on Monday, August 24th. They issued a “neutral” rating and a $95.00 price objective on the stock. Wolfe Research upgraded shares of Frontdoor to an “outperform” rating in a research report on Monday, August 24th. Finally, Truist Financial boosted their target price on Frontdoor from $105.00 to $115.00 and gave the company a “buy” rating in a report on Friday.
Read Our Latest Report on Frontdoor
Frontdoor Stock Performance
NASDAQ:FTDR opened at $97.09 on Friday. The stock’s 50-day simple moving average is $80.90 and its 200 day simple moving average is $70.15. Frontdoor has a twelve month low of $48.47 and a twelve month high of $103.07. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 3.98. The firm has a market capitalization of $6.69 billion, a PE ratio of 24.27 and a beta of 1.60.
Frontdoor (NASDAQ:FTDR – Get Free Report) last posted its quarterly earnings data on Thursday, November 5th. The company reported $1.81 earnings per share for the quarter, beating analysts’ consensus estimates of $1.77 by $0.04. The company had revenue of $655.00 million during the quarter, compared to analyst estimates of $647.73 million. Frontdoor had a return on equity of 120.90% and a net margin of 12.72%. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter last year, the company earned $1.58 EPS. On average, analysts anticipate that Frontdoor will post 4.67 EPS for the current fiscal year.
Key Stories Impacting Frontdoor
Here are the key news stories impacting Frontdoor this week:
- Positive Sentiment: Truist Financial raised its price target on FTDR from $105 to $115 and reiterated a “buy” rating. The new target implies about 18% upside from the cited share price. Truist Financial recommendations
- Positive Sentiment: Third-quarter results exceeded expectations: Frontdoor reported EPS of $1.81 versus the $1.77 consensus and revenue of $655 million versus an estimated $647.7 million. Revenue rose 6% year over year, while EPS increased from $1.58 a year earlier. Frontdoor Q3 earnings and revenues beat estimates
- Positive Sentiment: Fourth-quarter revenue guidance of $453 million to $463 million has a midpoint above analysts’ $455.1 million estimate, suggesting a modest near-term outlook beat. Frontdoor Q4 revenue outlook
- Positive Sentiment: A report highlighted a new $1 billion buyback, which could support shareholder returns and demand for the stock. Frontdoor Q3 2026: Heat Wave, Beat, and a New $1B Buyback
- Neutral Sentiment: Full-year 2026 revenue guidance of $2.2 billion is in line with consensus, so it offers little change to current expectations. Frontdoor Q3 2026 earnings call transcript
Hedge Funds Weigh In On Frontdoor
Institutional investors have recently modified their holdings of the business. BlackRock Inc. purchased a new position in Frontdoor in the second quarter valued at about $859,552,000. Jupiter Topco LLC purchased a new stake in Frontdoor during the 2nd quarter valued at about $113,873,000. Bank of America Corp DE acquired a new position in shares of Frontdoor in the second quarter worth $46,580,000. Bank of New York Mellon Corp purchased a new position in shares of Frontdoor during the second quarter worth about $33,812,000. Finally, Danske Bank A S purchased a new position in Frontdoor during the second quarter worth $28,742,000.
Frontdoor Company Profile
Frontdoor, Inc (NASDAQ: FTDR) is a provider of home warranties and related home repair services. The company helps homeowners manage the cost and complexity of maintaining household systems and appliances, including heating and cooling equipment, plumbing, electrical systems, water heaters and major kitchen appliances.
Frontdoor operates primarily through its American Home Shield brand, which offers home service plans and access to a network of professional contractors. The company also provides digital tools and services designed to help homeowners diagnose household problems, request service and connect with qualified professionals.
Featured Stories
- Five stocks we like better than Frontdoor
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
- Airbnb Defied a Brutal Tech Sell-Off, But Can Its Post-Earnings Rally Last?
- MarketBeat Week in Review – 11/2 – 11/6
- Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?
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.
