At the time of writing, Frontdoor Inc [FTDR] stock is trading at $56.68, up 2.96%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FTDR shares have gain 3.68% over the last week, with a monthly amount drifted -3.61%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Frontdoor Inc [NASDAQ: FTDR] stock has seen the most recent analyst activity on August 02, 2024, when William Blair upgraded its rating to a Outperform. Previously, Truist upgraded its rating to Buy on October 06, 2023, and elevated its price target to $42. On May 04, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $38 on the stock. William Blair downgraded its rating to a Mkt Perform. Raymond James downgraded its rating to a Mkt Perform. Goldman downgraded its rating to Sell for this stock on June 10, 2022, and downed its price target to $21. In a note dated May 23, 2022, Truist downgraded an Hold rating on this stock and revised its target price from $32 to $29.
For the past year, the stock price of Frontdoor Inc fluctuated between $29.41 and $60.42. Currently, Wall Street analysts expect the stock to reach $52 within the next 12 months. Frontdoor Inc [NASDAQ: FTDR] shares were valued at $56.68 at the most recent close of the market. An investor can expect a potential drop of -8.26% based on the average FTDR price forecast.
Analyzing the FTDR fundamentals
According to Frontdoor Inc [NASDAQ:FTDR], the company’s sales were 1.83B for trailing twelve months, which represents an 3.05% jump. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.19, Equity is 1.21 and Total Capital is 0.39. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.23.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 55.10 points at the first support level, and at 53.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 57.72, and for the 2nd resistance point, it is at 58.77.
Ratios To Look Out For
It is important to note that Frontdoor Inc [NASDAQ:FTDR] has a current ratio of 1.42. In addition, the Quick Ratio stands at 1.42 and the Cash Ratio stands at 1.1. Considering the valuation of this stock, the price to sales ratio is 2.35, the price to book ratio is 16.46 and price to earnings (TTM) ratio is 18.85.
Transactions by insiders
Recent insider trading involved Collins Kathryn M, SVP & Chief Revenue Officer, that happened on Dec 10 ’24 when 25784.0 shares were sold. SVP & Chief Operating Officer, Iverson Evan completed a deal on Dec 11 ’24 to sell 16000.0 shares. Meanwhile, Officer Iverson Evan bought 16000.0 shares on Dec 11 ’24.
