Fiera Capital Corp Buys 15,295 Shares of Frontdoor Inc. $FTDR

Fiera Capital Corp increased its stake in Frontdoor Inc. (NASDAQ:FTDR) by 2.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 744,718 shares of the company’s stock after purchasing an additional 15,295 shares during the quarter. Fiera Capital Corp owned 1.02% of Frontdoor worth $43,894,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Bessemer Group Inc. lifted its holdings in shares of Frontdoor by 322.1% during the 2nd quarter. Bessemer Group Inc. now owns 515 shares of the company’s stock valued at $30,000 after buying an additional 393 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in Frontdoor during the first quarter valued at $42,000. Huntington National Bank lifted its holdings in Frontdoor by 56.0% in the second quarter. Huntington National Bank now owns 1,482 shares of the company’s stock valued at $87,000 after acquiring an additional 532 shares during the period. IFP Advisors Inc boosted its position in Frontdoor by 80,766.7% in the first quarter. IFP Advisors Inc now owns 2,426 shares of the company’s stock worth $93,000 after purchasing an additional 2,423 shares during the last quarter. Finally, CWM LLC boosted its position in Frontdoor by 91.2% in the first quarter. CWM LLC now owns 2,574 shares of the company’s stock worth $99,000 after purchasing an additional 1,228 shares during the last quarter.

Wall Street Analysts Forecast Growth

FTDR has been the topic of several recent research reports. Weiss Ratings cut shares of Frontdoor from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, November 7th. The Goldman Sachs Group increased their price target on shares of Frontdoor from $44.00 to $50.00 and gave the stock a “sell” rating in a research report on Wednesday, August 6th. Oppenheimer lifted their price target on shares of Frontdoor from $56.00 to $63.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 6th. Zacks Research downgraded shares of Frontdoor from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 10th. Finally, Truist Financial upped their price objective on Frontdoor from $67.00 to $71.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Frontdoor currently has an average rating of “Hold” and a consensus price target of $59.75.

Frontdoor Trading Down 0.6%

Shares of FTDR stock opened at $51.28 on Thursday. The company has a debt-to-equity ratio of 3.64, a quick ratio of 1.73 and a current ratio of 1.73. The stock has a fifty day simple moving average of $64.62 and a two-hundred day simple moving average of $59.47. The firm has a market capitalization of $3.70 billion, a PE ratio of 14.61 and a beta of 1.35. Frontdoor Inc. has a 52-week low of $35.61 and a 52-week high of $70.14.

Frontdoor (NASDAQ:FTDR) last released its quarterly earnings data on Wednesday, November 5th. The company reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.09. The firm had revenue of $618.00 million during the quarter, compared to analyst estimates of $610.77 million. Frontdoor had a return on equity of 122.74% and a net margin of 12.87%.The business’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.38 earnings per share. Frontdoor has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts predict that Frontdoor Inc. will post 3.07 EPS for the current fiscal year.

About Frontdoor

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.