Equities analysts expect that FTD Companies Inc (NASDAQ:FTD) will report earnings per share (EPS) of $0.13 for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for FTD Companies’ earnings. FTD Companies reported earnings per share of $0.49 during the same quarter last year, which would suggest a negative year-over-year growth rate of 73.5%. The company is scheduled to report its next quarterly earnings report on Tuesday, March 13th.
According to Zacks, analysts expect that FTD Companies will report full year earnings of $0.74 per share for the current fiscal year. For the next year, analysts expect that the business will post earnings of $1.08 per share. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for FTD Companies.
FTD has been the subject of several recent research reports. Craig Hallum reduced their target price on shares of FTD Companies from $18.00 to $10.00 and set a “hold” rating for the company in a research note on Thursday, November 9th. Zacks Investment Research lowered shares of FTD Companies from a “hold” rating to a “sell” rating in a research report on Thursday, November 23rd. Finally, DA Davidson cut their price objective on shares of FTD Companies from $17.00 to $8.00 and set a “neutral” rating for the company in a research report on Wednesday, November 15th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $13.00.
FTD Companies (NASDAQ FTD) opened at $7.04 on Wednesday. The firm has a market cap of $196.68, a PE ratio of 8.38, a PEG ratio of 0.97 and a beta of 0.34. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.76 and a quick ratio of 0.51. FTD Companies has a 12 month low of $6.47 and a 12 month high of $26.19.
Institutional investors and hedge funds have recently made changes to their positions in the company. PNC Financial Services Group Inc. lifted its holdings in shares of FTD Companies by 0.8% in the 2nd quarter. PNC Financial Services Group Inc. now owns 5,498 shares of the company’s stock worth $110,000 after acquiring an additional 42 shares during the last quarter. BNP Paribas Arbitrage SA lifted its holdings in shares of FTD Companies by 91.7% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 6,588 shares of the company’s stock worth $132,000 after acquiring an additional 3,152 shares during the last quarter. Aperio Group LLC bought a new stake in shares of FTD Companies in the 3rd quarter worth approximately $142,000. Voya Investment Management LLC lifted its holdings in shares of FTD Companies by 14.5% in the 2nd quarter. Voya Investment Management LLC now owns 11,591 shares of the company’s stock worth $232,000 after acquiring an additional 1,465 shares during the last quarter. Finally, Texas Permanent School Fund lifted its holdings in shares of FTD Companies by 1.6% in the 2nd quarter. Texas Permanent School Fund now owns 12,619 shares of the company’s stock worth $252,000 after acquiring an additional 202 shares during the last quarter. Hedge funds and other institutional investors own 58.98% of the company’s stock.
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About FTD Companies
FTD Companies, Inc (FTD) is a floral and gifting company. The Company operates through four segments: Consumer, Florist, International and Provide Commerce. Through its Consumer segment, FTD is a direct marketer of floral and gift products for consumers, primarily in the United States and Canada. Through its Florist segment, the Company is a provider of products and services to its floral network members, which include traditional retail florists and other non-florist retail locations, primarily in the United States and Canada.
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