Frontdoor (FTDR) Stock Price, News & Analysis

Company Overview

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. It also offers on-demand home services and a one-stop app experience for home repair and maintenance; and Streem technology, an app that empowers homeowners by connecting them in real time through video chat with qualified experts to diagnose and solve their problems. The company serves homeowners under the Frontdoor, American Home Shield, HSA, OneGuard, Landmark Home Warranty, Frontdoor logo, and Streem brands. The company was founded in 1971 and is headquartered in Memphis, Tennessee.

Key Stats

• Today's Range: $54.02 to $56.54
• 50-Day Range: $49.51 to $59.54
• 52-Week Range: $29.41 to $60.42
• Volume: 1.57 million shs
• Average Volume: 705,274 shs
• Market Capitalization: $4.25 billion
• P/E Ratio: 18.57
• Dividend Yield: N/A
• Price Target: $49.50
• Consensus Rating: Hold

Frontdoor Stock Analysis - MarketRank™

Frontdoor scored higher than 61% of companies evaluated by MarketBeat, and ranked 68th out of 99 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Frontdoor has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 3 buy ratings, 1 hold rating, and 1 sell rating.

Amount of Analyst Coverage

Frontdoor has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -0.96%

Earnings Growth

Earnings for Frontdoor are expected to decrease by -0.96% in the coming year, from $3.14 to $3.11 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Frontdoor is 18.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.04.

Price to Earnings Ratio vs. Sector

The P/E ratio of Frontdoor is 18.57, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 27.66.

Price to Book Value per Share Ratio

Frontdoor has a P/B Ratio of 32.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.35% of the float of Frontdoor has been sold short.

Short Interest Ratio / Days to Cover

Frontdoor has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in Frontdoor has recently decreased by 10.28%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Frontdoor does not currently pay a dividend.

Dividend Growth

Frontdoor does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.5 / 5
• Environmental Score: -0.97

Percentage of Shares Shorted

3.35% of the float of Frontdoor has been sold short.

Short Interest Ratio / Days to Cover

Frontdoor has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in Frontdoor has recently decreased by 10.28%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.17

News Sentiment

Frontdoor has a news sentiment score of 1.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.81 average news sentiment score of Construction companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Frontdoor this week, compared to 5 articles on an average week.

MarketBeat Follows

Only 2 people have added Frontdoor to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Frontdoor insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,438,459.00 in company stock.

Percentage Held by Insiders

Only 0.29% of the stock of Frontdoor is held by insiders.

FTDR Stock Analysis - Frequently Asked Questions

How have FTDR shares performed this year?

Frontdoor's stock was trading at $35.22 at the beginning of the year. Since then, FTDR stock has increased by 59.3% and is now trading at $56.09.
View the best growth stocks for 2024 here.

How were Frontdoor's earnings last quarter?

Frontdoor, Inc. (NASDAQ:FTDR) posted its earnings results on Monday, November, 4th. The company reported $1.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.05 by $0.33. The business's revenue for the quarter was up 3.1% on a year-over-year basis.

Who are Frontdoor's major shareholders?

Top institutional shareholders of Frontdoor include State Street Corp (4.83%), Reinhart Partners LLC. (2.93%), Geode Capital Management LLC (2.79%) and Victory Capital Management Inc. (1.94%). Insiders that own company stock include Anna C Catalano, Jeffrey Fiarman, William C Cobb, Kathryn M Collins and Evan Iverson.
View institutional ownership trends.

How do I buy shares of Frontdoor?

Shares of FTDR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Frontdoor own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Frontdoor investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), ServiceNow (NOW) and Jabil (JBL).

Company Calendar

• Last Earnings: 11/04/2024
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Construction
• Industry: Services to dwellings & other buildings
• Sub-Industry: N/A
• Current Symbol: NASDAQ:FTDR
• CUSIP: N/A
• CIK: 1727263
• Web: www.frontdoorhome.com
• Phone: (901) 701-5000
• Fax: N/A
• Employees: 1,716
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $49.50
• High Stock Price Target: $58.00
• Low Stock Price Target: $39.00
• Potential Upside/Downside: -11.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.02
• Trailing P/E Ratio: 18.57
• Forward P/E Ratio: 17.86
• P/E Growth: N/A
• Net Income: $171 million
• Net Margins: 12.87%
• Pretax Margin: 17.20%
• Return on Equity: 132.99%
• Return on Assets: 22.10%

Debt

• Debt-to-Equity Ratio: 2.16
• Current Ratio: 1.42
• Quick Ratio: 1.42

Sales & Book Value

• Annual Sales: $1.83 billion
• Price / Sales: 2.33
• Cash Flow: $2.68 per share
• Price / Cash Flow: 20.93
• Book Value: $1.71 per share
• Price / Book: 32.80

Miscellaneous

• Outstanding Shares: 75,824,000
• Free Float: 75,604,000
• Market Cap: $4.25 billion
• Optionable: Optionable
• Beta: 1.08