Frontdoor (NASDAQ:FTDR) Stock Price Down 10.4% – Should You Sell?

Shares of Frontdoor Inc. (NASDAQ:FTDR) traded down 10.4% during mid-day trading on Wednesday . The company traded as low as $58.68 and last traded at $58.90. 137,105 shares were traded during trading, a decline of 80% from the average session volume of 695,599 shares. The stock had previously closed at $65.74.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Weiss Ratings raised shares of Frontdoor from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Saturday, October 25th. Zacks Research downgraded Frontdoor from a “strong-buy” rating to a “hold” rating in a report on Friday, October 10th. Oppenheimer lifted their target price on Frontdoor from $56.00 to $63.00 and gave the company an “outperform” rating in a research note on Wednesday, August 6th. Truist Financial boosted their target price on Frontdoor from $67.00 to $71.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Finally, The Goldman Sachs Group upped their price target on Frontdoor from $44.00 to $50.00 and gave the company a “sell” rating in a research note on Wednesday, August 6th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $59.75.

Frontdoor Stock Up 2.1%

The business’s fifty day simple moving average is $65.26 and its 200 day simple moving average is $59.12. The stock has a market cap of $3.64 billion, a price-to-earnings ratio of 14.36 and a beta of 1.35. The company has a current ratio of 1.73, a quick ratio of 1.49 and a debt-to-equity ratio of 3.64.

Frontdoor (NASDAQ:FTDR) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $1.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.09. Frontdoor had a return on equity of 122.74% and a net margin of 12.87%.The business had revenue of $618.00 million for the quarter, compared to analyst estimates of $610.77 million. During the same period last year, the company earned $1.38 EPS. The firm’s revenue was up 14.4% on a year-over-year basis. Frontdoor has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts forecast that Frontdoor Inc. will post 3.07 earnings per share for the current fiscal year.

Institutional Trading of Frontdoor

Hedge funds have recently modified their holdings of the company. Principal Financial Group Inc. grew its holdings in shares of Frontdoor by 2.3% during the first quarter. Principal Financial Group Inc. now owns 408,982 shares of the company’s stock worth $15,713,000 after buying an additional 9,161 shares in the last quarter. Ethic Inc. acquired a new position in Frontdoor during the 2nd quarter worth approximately $222,000. Vanguard Personalized Indexing Management LLC bought a new position in shares of Frontdoor during the 2nd quarter worth approximately $348,000. RiverGlades Family Offices LLC acquired a new stake in shares of Frontdoor in the second quarter valued at approximately $236,000. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of Frontdoor in the second quarter worth $247,000.

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.