As of Friday close, Frontdoor Inc.’s (NASDAQ:FTDR) stock was down -$0.36, moving down -1.40 percent to $25.36. The average number of shares traded per day over the past five days has been 1,658,420 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.38 fall in that time frame. In the last twenty days, the average volume was 1,154,070, while in the previous 50 days, it was 817,860.
Since last month, FTDR stock retreated -14.12%. Shares of the company fell to $24.98 on 03/17/23, the lowest level in the past month. A 52-week high of $33.88 was reached on 03/02/23 after having rallying from a 52-week low of $19.06. Since the beginning of this year, FTDR’s stock price has risen by 21.92% or $4.56, and marked a new high 22 times. However, the stock has declined by -25.15% since its 52-week high.
Do You Know The Best Place To Find Gains In Volatile Markets?
In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.
Click here for full details and to join for free.
Sponsored
FTDR stock investors should be aware that Frontdoor Inc. (FTDR) stock had its last reported insider trading activity 297 days ago on May 25. Cella Peter L., the Director of the company, purchased of 5,000 shares for $24.53 on May 25. It resulted in a $122,650 investment by the insider. Catalano Anna C added 4,000 shares at an average price of $25.00 on May 25. The insider now owns 20,595 shares following the transaction. On May 23, Director COBB WILLIAM C bought 10,000 shares at $25.51 apiece. The transaction was valued at $255,100.
Valuation Metrics
Right now, Frontdoor Inc. (FTDR) has a P/E ratio of about 29.25. The stock’s beta is 0.77. Besides these, the trailing price-to-sales (P/S) ratio of 1.30, the price-to-book (PB) ratio of 33.81, and the price-to-cash flow ratio of 21.47 may also be considered.
Financial Health
In the three months ended December 30, Frontdoor Inc.’s quick ratio stood at 0.90, while its current ratio was 0.90, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 9.70, and the total debt-to-equity ratio was 9.98. On the profitability front, the trailing twelve-month gross margin is 42.70% percent. In the year ended December 30, operating margins totaled 5.80%. Based on annual data, FTDR earned $710.0 million in gross profit and brought in $1.66 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 10.70%. Return on equity (ROE) for the past 12 months was 302.10%.
In Frontdoor Inc.’s quarter-end financial report for December 30, it reported total debt of $592.0 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. FTDR’s revenue fell 0.0% to $484.0 million during the quarter, while net income inched up to $340.0 million. While analysts expected Frontdoor Inc. to report -$0.11 quarterly earnings, the actual figure was $0.13 per share, beating the consensus estimate by 218.20%. During the quarter, the company generated $28.0 million in EBITDA. The liabilities of Frontdoor Inc. were 1.02 billion at the end of its most recent quarter ended December 30, and its total debt was $630.0 million. The value of shareholders’ equity is $81.51 million.
Technical Picture
This quick technical analysis looks at Frontdoor Inc.’s (FTDR) price momentum. With a historical volatility rate of 23.07%, the RSI 9-day stood at 27.61% on 17 March.
With respect to its five-day moving average, the current Frontdoor Inc. price is down by -1.48% percent or -$0.38. At present, FTDR shares trade -11.08% below its 20-day simple moving average and +25.30% percent above its 100-day simple moving average. However, the stock is currently trading approximately +18.01% above its SMA50 and +2.51% above its SMA200.
Stochastic coefficient K was 6.68% and Stochastic coefficient D was 8.07%, while ATR was 1.25. Given the Stochastic reading of 4.27% for the 14-day period, the RSI (14) reading has been calculated as 35.95%. As of today, the MACD Oscillator reading stands at -0.71, while the 14-day reading stands at -1.51.
Analyst Ratings
Frontdoor Inc. downgraded its rating on Frontdoor Inc. (NASDAQ: FTDR) to a Mkt perform in a note to investors on November 04, 2022. The analysts firm previously had an Outperform rating on the stock.