Frontdoor (NASDAQ:FTDR) Posts Quarterly Earnings Results, Beats Expectations By $0.16 EPS

Frontdoor (NASDAQ:FTDR - Get Free Report) released its earnings results on Thursday. The company reported $0.27 EPS for the quarter, beating analysts' consensus estimates of $0.11 by $0.16, Zacks reports. The company had revenue of $383.00 million during the quarter, compared to analysts' expectations of $367.91 million. Frontdoor had a return on equity of 132.99% and a net margin of 12.87%. Frontdoor updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Frontdoor Stock Performance

Shares of NASDAQ:FTDR traded down $4.81 during trading on Monday, hitting $40.67. The company's stock had a trading volume of 1,802,873 shares, compared to its average volume of 754,519. 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 firm has a market cap of $3.08 billion, a price-to-earnings ratio of 13.47 and a beta of 1.08. The company has a 50-day moving average of $57.24 and a 200-day moving average of $53.78. Frontdoor has a 12 month low of $29.41 and a 12 month high of $63.49.

Insider Activity at Frontdoor

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

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Analysts Set New Price Targets

A number of equities analysts have weighed in on FTDR shares. The Goldman Sachs Group decreased their target price on shares of Frontdoor from $46.00 to $40.00 and set a "sell" rating for the company in a research note on Monday. Truist Financial lifted their price objective on Frontdoor from $58.00 to $67.00 and gave the company 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 issued a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $50.25.

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.