In a report released today, Eric Sheridan from Goldman Sachs reiterated a Sell rating on frontdoor (FTDR – Research Report). The company’s shares closed yesterday at $33.31.
Sheridan covers the Technology sector, focusing on stocks such as Amazon, Alphabet Class A, and Netflix. According to TipRanks, Sheridan has an average return of 10.7% and a 56.99% success rate on recommended stocks.
frontdoor has an analyst consensus of Moderate Buy, with a price target consensus of $43.67.
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FTDR market cap is currently $2.28B and has a P/E ratio of 18.34.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FTDR in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
frontdoor (FTDR) Company Description:
frontdoor, Inc. engages in the provision of home service plans. Its service focuses on water heaters, garbage disposals, doorbells. smoke detectors, ceiling fans, central vacuums, refrigerators, dishwashers and trash compactors. The company was founded on January 2, 2018 and is headquartered in Memphis, TN.
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