Frontdoor (NASDAQ:FTDR) posted its quarterly earnings results on Wednesday. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.18 by $0.07, Briefing.com reports. Frontdoor had a negative return on equity of 54.13% and a net margin of 11.23%. The firm had revenue of $300.00 million during the quarter, compared to analysts’ expectations of $300.16 million. During the same quarter last year, the firm earned $0.23 earnings per share. The business’s revenue for the quarter was up 7.5% on a year-over-year basis. Frontdoor updated its FY 2020
Pre-Market guidance to EPS.
Shares of NASDAQ:FTDR traded up $1.31 during midday trading on Wednesday, hitting $45.81. The company had a trading volume of 1,271,899 shares, compared to its average volume of 467,732. The stock has a market cap of $3.86 billion, a price-to-earnings ratio of 25.74, a price-to-earnings-growth ratio of 1.59 and a beta of -0.59. Frontdoor has a twelve month low of $29.96 and a twelve month high of $53.29. The business’s 50-day simple moving average is $45.14 and its 200-day simple moving average is $47.51.
FTDR has been the subject of several recent research reports. ValuEngine cut Frontdoor from a “hold” rating to a “sell” rating in a report on Tuesday, December 3rd. JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $55.00 price target on shares of Frontdoor in a report on Friday, December 20th. BidaskClub raised Frontdoor from a “sell” rating to a “hold” rating in a report on Friday, February 21st. SunTrust Banks reaffirmed a “buy” rating and issued a $54.00 price target on shares of Frontdoor in a report on Monday, November 11th. Finally, Zacks Investment Research raised Frontdoor from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a report on Wednesday, February 19th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $48.08.
frontdoor, inc. provides home service plans in the United States. The company's home service plans cover the repair or replacement of components of up to 21 household systems and appliances, including electrical, plumbing, water heaters, refrigerators, dishwashers, and ranges/ovens/cooktops, as well as central heating, ventilation and air conditioning systems.
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