Frontdoor (NASDAQ:FTDR) Stock Price Target Raised at Truist Financial

Frontdoor (NASDAQ:FTDR) had its price target hoisted by equities researchers at Truist Financial from $105.00 to $115.00 in a report issued on Friday, Benzinga reports. The firm currently has a “buy” rating on the stock. Truist Financial‘s price target suggests a potential upside of 19.55% from the company’s current price.

A number of other equities analysts have also commented on FTDR. Benchmark lifted their price target on shares of Frontdoor from $80.00 to $96.00 and gave the company a “buy” rating in a research report on Friday, August 7th. The Goldman Sachs Group dropped their target price on shares of Frontdoor from $91.00 to $81.00 and set a “neutral” rating on the stock in a report on Monday, October 12th. Oppenheimer boosted their target price on shares of Frontdoor from $70.00 to $100.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Wolfe Research upgraded shares of Frontdoor to an “outperform” rating in a report on Monday, August 24th. Finally, JPMorgan Chase & Co. assumed coverage on Frontdoor in a research report on Monday, August 24th. They issued a “neutral” rating and a $95.00 price target on the stock. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $97.40.

Frontdoor Stock Up 0.2%

FTDR stock traded up $0.21 during trading hours on Friday, hitting $96.19. The company’s stock had a trading volume of 381,993 shares, compared to its average volume of 611,724. The stock has a 50 day moving average price of $80.62 and a two-hundred day moving average price of $69.96. Frontdoor has a 12 month low of $48.47 and a 12 month high of $103.07. The company has a market capitalization of $6.63 billion, a PE ratio of 25.66 and a beta of 1.60. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 3.98.

Frontdoor (NASDAQ:FTDR) last issued its quarterly earnings data on Thursday, November 5th. The company reported $1.81 EPS for the quarter, beating analysts’ consensus estimates of $1.77 by $0.04. Frontdoor had a return on equity of 120.90% and a net margin of 12.72%. The business had revenue of $655.00 million for the quarter, compared to analyst estimates of $647.73 million. During the same quarter in the prior year, the firm posted $1.58 EPS. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. On average, equities research analysts expect that Frontdoor will post 4.67 earnings per share for the current year.

Institutional Investors Weigh In On Frontdoor

Several institutional investors and hedge funds have recently bought and sold shares of the business. Fifth Third Bancorp boosted its holdings in Frontdoor by 8.0% during the third quarter. Fifth Third Bancorp now owns 31,314 shares of the company’s stock valued at $2,290,000 after purchasing an additional 2,321 shares in the last quarter. Maryland State Retirement & Pension System boosted its stake in Frontdoor by 50.6% in the 3rd quarter. Maryland State Retirement & Pension System now owns 15,385 shares of the company’s stock valued at $1,125,000 after buying an additional 5,170 shares in the last quarter. Illinois Municipal Retirement Fund grew its position in Frontdoor by 2.9% in the third quarter. Illinois Municipal Retirement Fund now owns 36,209 shares of the company’s stock valued at $2,648,000 after acquiring an additional 1,034 shares during the period. Lido Advisors LLC raised its stake in Frontdoor by 13.2% during the third quarter. Lido Advisors LLC now owns 7,001 shares of the company’s stock worth $512,000 after acquiring an additional 816 shares in the last quarter. Finally, Ethic Inc. lifted its holdings in shares of Frontdoor by 9.5% during the third quarter. Ethic Inc. now owns 3,708 shares of the company’s stock valued at $271,000 after acquiring an additional 322 shares during the period.

Key Stories Impacting Frontdoor

Here are the key news stories impacting Frontdoor this week:

• Positive Sentiment: Third-quarter earnings were $1.81 per share, above the $1.77 consensus and up from $1.58 a year earlier. Revenue rose 6% year over year to $655 million, beating estimates of about $647.7 million. Frontdoor Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Fourth-quarter revenue guidance of $453 million–$463 million has a midpoint of $458 million, modestly above analysts’ $455.1 million estimate. Frontdoor Q3 sales and guidance
• Positive Sentiment: Coverage of the results also highlighted a new $1 billion share-buyback plan, which could support shareholder returns and provide demand for shares. Frontdoor Q3: earnings and buyback coverage
• Neutral Sentiment: Frontdoor forecast full-year 2026 revenue of $2.2 billion, matching the consensus estimate—reassuring, but not a forecast upgrade relative to expectations. Frontdoor revenue guidance

Frontdoor Company Profile

Frontdoor, Inc (NASDAQ: FTDR) is a provider of home warranties and related home repair services. The company helps homeowners manage the cost and complexity of maintaining household systems and appliances, including heating and cooling equipment, plumbing, electrical systems, water heaters and major kitchen appliances.

Frontdoor operates primarily through its American Home Shield brand, which offers home service plans and access to a network of professional contractors. The company also provides digital tools and services designed to help homeowners diagnose household problems, request service and connect with qualified professionals.