Frontdoor (NASDAQ:FTDR) Releases Earnings Results

Frontdoor (NASDAQ:FTDR) issued its quarterly earnings data on Thursday. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.16, Zacks reports. 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 Trading Down 16.0 %

Shares of NASDAQ FTDR traded down $9.16 during trading on Thursday, reaching $48.01. The stock had a trading volume of 1,450,311 shares, compared to its average volume of 654,723. The business’s 50-day moving average price is $57.64 and its 200-day moving average price is $53.73. Frontdoor has a fifty-two week low of $29.41 and a fifty-two week high of $63.49. The company has a debt-to-equity ratio of 2.16, a quick ratio of 1.42 and a current ratio of 1.42. The company has a market cap of $3.64 billion, a P/E ratio of 15.98 and a beta of 1.08.

Insider Buying and Selling at Frontdoor

In other Frontdoor 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 value of $1,497,019.04. Following the completion of the transaction, the senior vice president now owns 9,429 shares in the company, valued at $547,447.74. The trade was a 73.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, COO Evan Iverson sold 16,000 shares of the stock in a transaction on Wednesday, December 11th. The shares were 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 in the company, valued at approximately $291,552.20. The trade was a 76.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.89% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Truist Financial raised their price target on shares of Frontdoor from $58.00 to $67.00 and gave the company a “buy” rating in a research report on Friday, February 14th. The Goldman Sachs Group increased their price objective on shares of Frontdoor from $41.00 to $46.00 and gave the company a “sell” rating in a report on Tuesday, November 5th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Frontdoor currently has an average rating of “Hold” and an average price target of $51.75.

About Frontdoor

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.