Frontdoor (FTDR) Set to Announce Earnings on Monday

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

Frontdoor (NASDAQ:FTDR) last released its quarterly earnings results on Thursday, August 1st. The company reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.27. The company had revenue of $542.00 million for the quarter, compared to analysts’ expectations of $536.74 million. Frontdoor had a return on equity of 132.94% and a net margin of 11.38%. The business’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same period in the previous year, the business posted $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 %

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

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. William Blair upgraded shares of Frontdoor from a “market perform” rating to an “outperform” rating in a report on Friday, August 2nd. JPMorgan Chase & Co. lifted their target price on Frontdoor from $45.00 to $55.00 and gave the stock an “overweight” rating in a report on Monday, August 12th. The Goldman Sachs Group increased their price target on Frontdoor from $33.00 to $41.00 and gave the company a “sell” rating in a research note on Friday, August 2nd. Finally, Truist Financial upped their target price on Frontdoor from $45.00 to $56.00 and gave the company a “buy” rating in a report on Friday, August 2nd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average 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.