Frontdoor (FTDR) Trading 5.2% Higher

Frontdoor Inc (NASDAQ:FTDR)’s share price traded up 5.2% on Friday . The stock traded as high as $22.65 and last traded at $22.28. 1,621,618 shares were traded during trading, an increase of 45% from the average session volume of 1,121,796 shares. The stock had previously closed at $21.17.

Several equities analysts have recently weighed in on the stock. CIBC assumed coverage on shares of Frontdoor in a research report on Tuesday, October 2nd. They set an “outperform” rating and a $48.00 price objective for the company. Oppenheimer set a $40.00 price objective on shares of Frontdoor and gave the company a “buy” rating in a research report on Monday. Compass Point reduced their price objective on shares of Frontdoor from $51.75 to $42.00 and set a “buy” rating for the company in a research report on Tuesday. UBS Group lowered shares of Frontdoor from a “buy” rating to a “hold” rating in a research report on Wednesday, October 3rd. Finally, Gabelli assumed coverage on shares of Frontdoor in a research report on Tuesday, October 2nd. They set a “buy” rating and a $55.00 price objective for the company. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $46.25.

Frontdoor (NASDAQ:FTDR) last announced its earnings results on Monday, November 5th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.65 by $0.02. The firm had revenue of $377.00 million during the quarter, compared to analyst estimates of $369.50 million. The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. Equities research analysts forecast that Frontdoor Inc will post 1.43 EPS for the current year.

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About Frontdoor (NASDAQ:FTDR)

frontdoor, inc. operates a home services platform that provides home service plans to homeowners in the United States. It provides services under the HSA, OneGuard, Landmark, and American Home Shield brand names. The company serves homeowners who require assistance with technical home repair issues by utilizing its network of pre-qualified professional contractor firms.

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