Frontdoor (FTDR) Scheduled to Post Quarterly Earnings on Thursday

Frontdoor (NASDAQ:FTDR) is scheduled to issue its quarterly earnings data before the market opens on Thursday, August 1st. Analysts expect the company to announce earnings of $0.99 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Frontdoor (NASDAQ:FTDR) last issued its earnings results on Thursday, May 2nd. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.23. The business had revenue of $378.00 million for the quarter, compared to the consensus estimate of $376.36 million. Frontdoor had a net margin of 10.27% and a return on equity of 132.00%. On average, analysts expect Frontdoor to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Frontdoor Trading Up 0.4 %

NASDAQ FTDR opened at $39.69 on Wednesday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 3.54. The stock has a market capitalization of $3.09 billion, a P/E ratio of 17.41 and a beta of 1.00. Frontdoor has a 52-week low of $28.25 and a 52-week high of $40.48. The firm has a 50-day moving average price of $35.54 and a 200 day moving average price of $33.54.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company raised their price target on Frontdoor from $36.00 to $39.00 and gave the company an “equal weight” rating in a report on Monday, May 6th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $40.00.

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.