The closing price of Frontdoor Inc. (NASDAQ: FTDR) was $31.14 for the day, down -0.70% from the previous closing price of $31.36. In other words, the price has decreased by -$0.22 from its previous closing price. On the day, 1087295 shares were traded.
Ratios:
Our analysis of FTDR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.36. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.10. In the meantime, Its Debt-to-Equity ratio is 4.49 whereas as Long-Term Debt/Eq ratio is at 4.35.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Truist on October 06, 2023, Upgraded its rating to Buy and sets its target price to $42 from $40 previously.
On May 04, 2023, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $30 to $38.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 07 when Fiarman Jeffrey sold 4,250 shares for $35.63 per share. The transaction valued at 151,415 led to the insider holds 14,169 shares of the business.
Fiarman Jeffrey sold 1,743 shares of FTDR for $57,066 on Aug 28. The SVP & General Counsel now owns 18,419 shares after completing the transaction at $32.74 per share. On Aug 22, another insider, Fiarman Jeffrey, who serves as the SVP & General Counsel of the company, sold 100 shares for $32.70 each. As a result, the insider received 3,270 and left with 20,162 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FTDR now has a Market Capitalization of 2.44B and an Enterprise Value of 2.73B. As of this moment, Frontdoor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.78, and their Forward P/E ratio for the next fiscal year is 11.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.37 while its Price-to-Book (P/B) ratio in mrq is 17.95. Its current Enterprise Value per Revenue stands at 1.53 whereas that against EBITDA is 8.91.
Stock Price History:
Over the past 52 weeks, FTDR has reached a high of $38.97, while it has fallen to a 52-week low of $24.98. The 50-Day Moving Average of the stock is 33.37, while the 200-Day Moving Average is calculated to be 32.84.
Shares Statistics:
FTDR traded an average of 745.89K shares per day over the past three months and 1.03M shares per day over the past ten days. A total of 78.38M shares are outstanding, with a floating share count of 78.01M. Insiders hold about 0.48% of the company’s shares, while institutions hold 107.32% stake in the company. Shares short for FTDR as of Feb 15, 2024 were 2.99M with a Short Ratio of 4.01, compared to 2.7M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.75% and a Short% of Float of 6.12%.
Earnings Estimates
The firm’s stock currently is rated by 6 analysts. On average, analysts expect EPS of $0.2 for the current quarter, with a high estimate of $0.23 and a low estimate of $0.16, while EPS last year was $0.29. The consensus estimate for the next quarter is $0.94, with high estimates of $0.99 and low estimates of $0.89.
Analysts are recommending an EPS of between $2.45 and $2.27 for the fiscal current year, implying an average EPS of $2.35. EPS for the following year is $2.6, with 6 analysts recommending between $2.85 and $2.43.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $378.3M to a low estimate of $374M. As of the current estimate, Frontdoor Inc.’s year-ago sales were $367M, an estimated increase of 2.40% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $538.01M, an increase of 2.90% over than the figure of $2.40% in the same quarter last year. There is a high estimate of $549.5M for the next quarter, whereas the lowest estimate is $532.82M.
A total of 7 analysts have provided revenue estimates for FTDR’s current fiscal year. The highest revenue estimate was $1.86B, while the lowest revenue estimate was $1.82B, resulting in an average revenue estimate of $1.83B. In the same quarter a year ago, actual revenue was $1.78B, up 3.00% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $1.94B in the next fiscal year. The high estimate is $2B and the low estimate is $1.88B. The average revenue growth estimate for next year is up 5.90% from the average revenue estimate for this year.
