Frontdoor (FTDR) Set to Announce Earnings on Monday

Frontdoor (NASDAQ:FTDR) will be posting its quarterly earnings results before the market opens on Monday, November 4th. Analysts expect Frontdoor to post earnings of $1.03 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Frontdoor (NASDAQ:FTDR) last released its quarterly earnings data on Thursday, August 1st. The company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.27. The firm had revenue of $542.00 million for the quarter, compared to analyst estimates of $536.74 million. Frontdoor had a return on equity of 132.94% and a net margin of 11.38%. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.87 earnings per share. On average, analysts expect Frontdoor to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Frontdoor Stock Down 0.3 %

FTDR stock opened at $49.52 on Friday. Frontdoor has a 1-year low of $29.41 and a 1-year high of $53.10. The business’s 50 day simple moving average is $48.79 and its 200 day simple moving average is $40.87. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 2.66. The firm has a market capitalization of $3.79 billion, a PE ratio of 18.97 and a beta of 1.04.

Analyst Ratings Changes

A number of research firms have recently issued reports on FTDR. The Goldman Sachs Group raised their target price on shares of Frontdoor from $33.00 to $41.00 and gave the stock a “sell” rating in a research note on Friday, August 2nd. William Blair raised Frontdoor from a “market perform” rating to an “outperform” rating in a research report on Friday, August 2nd. JPMorgan Chase & Co. boosted their price target on Frontdoor from $45.00 to $55.00 and gave the company an “overweight” rating in a research note on Monday, August 12th. Finally, Truist Financial increased their price objective on Frontdoor from $45.00 to $56.00 and gave the stock a “buy” rating in a research report on Friday, August 2nd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $47.75.

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.