Frontdoor (FTDR) to Release Quarterly Earnings on Thursday

Frontdoor (NASDAQ:FTDR - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect Frontdoor to post earnings of $0.11 per share and revenue of $367.91 million for the quarter.

Frontdoor Price Performance

FTDR stock traded down $0.97 during mid-day trading on Friday, reaching $57.45. 224,145 shares of the company traded hands, compared to its average volume of 620,916. Frontdoor has a 52-week low of $29.41 and a 52-week high of $63.49. The company has a debt-to-equity ratio of 2.16, a current ratio of 1.42 and a quick ratio of 1.42. The company has a market capitalization of $4.36 billion, a P/E ratio of 19.05 and a beta of 1.08. The company has a fifty day moving average price of $57.66 and a 200-day moving average price of $53.30.

Insiders Place Their Bets

In other Frontdoor news, COO Evan Iverson sold 16,000 shares of the business's stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $58.84, for a total transaction of $941,440.00. Following the transaction, the chief operating officer now owns 4,955 shares in the company, valued at approximately $291,552.20. The trade was a 76.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Kathryn M. Collins sold 25,784 shares of the company's stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $58.06, for a total value of $1,497,019.04. Following the completion of the sale, the senior vice president now directly owns 9,429 shares in the company, valued at approximately $547,447.74. The trade was a 73.22 % decrease in their position. The disclosure for this sale can be found here. 0.29% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. The Goldman Sachs Group upped their price target on Frontdoor from $41.00 to $46.00 and gave the stock a "sell" rating in a research note on Tuesday, November 5th. Truist Financial raised their price objective on Frontdoor from $58.00 to $67.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $51.75.

Frontdoor Company Profile

Frontdoor, Inc provides home warranties in the United States in the United States. Its customizable home warranties help customers protect and maintain their homes from costly and unplanned breakdowns of essential home systems and appliances. The company's home warranty customers subscribe to an annual service plan agreement that covers the repair or replacement of principal components of approximately 20 home systems and appliances, including electrical, plumbing, water heaters, refrigerators, dishwashers, and ranges/ovens/cooktops, as well as electronics, pools, and spas and pumps; and heating, ventilation, and air conditioning systems.