The semiconductors, which had led the market higher throughout this year, are beginning to show some chinks in the armor. I'm not saying yesterday was the start of a reversal to the downside that will last weeks. I'm just saying that this overbought industry is likely to give up some ground. The negativity could spill over to other areas of the market. You want to make sure that any additions you are making are not all flash and no substance. One way to do that is by leaning on the Zacks Rank. Stocks like t ...

After reaching an important support level, Frontdoor (FTDR) could be a good stock pick from a technical perspective. FTDR surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend. The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages. Shares of FTDR ha ...

Core Viewpoint - Investors are seeking growth stocks that can deliver above-average growth and exceptional returns, with Frontdoor (FTDR) identified as a strong candidate due to its favorable growth metrics and Zacks Rank [2][9]. Group 1: Earnings Growth - Frontdoor's projected EPS growth for the current year is 9.5%, surpassing the industry average of 9.3% [4]. - Historical EPS growth for Frontdoor stands at 1.6%, but the focus should be on the projected growth which indicates strong future prospects [4]. Group 2: Asset Utilization - Frontdoor has an asset utilization ratio (sales-to-total-assets ratio) of 1.58, indicating that the company generates $1.58 in sales for every dollar in assets, compared to the industry average of 0.95 [5]. Group 3: Sales Growth - The company's sales are expected to grow by 2.9% this year, slightly above the industry average of 2.8% [6]. Group 4: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Frontdoor, with the Zacks Consensus Estimate for the current year increasing by 6.8% over the past month [8]. - This trend in earnings estimate revisions is correlated with near-term stock price movements, suggesting potential for price appreciation [7]. Group 5: Overall Assessment - Frontdoor has achieved a Growth Score of A and a Zacks Rank 1 (Strong Buy), indicating it is a solid choice for growth investors [9][10].

Core Viewpoint - Frontdoor (FTDR) has shown significant stock performance, returning +23.7% over the past month, outperforming the S&P 500 composite's +5% and the Zacks Building Products - Miscellaneous industry's +4.7% [1] Earnings Estimate Revisions - Frontdoor is expected to post earnings of $0.99 per share for the current quarter, reflecting a year-over-year increase of +13.8% with a recent change of +5.9% in the Zacks Consensus Estimate [4] - For the current fiscal year, the consensus earnings estimate is $2.52, indicating a +9.6% change from the previous year, with a +7% change in the estimate over the last 30 days [4] - The next fiscal year's consensus earnings estimate of $2.73 suggests an +8.4% change from the prior year, with a +4.2% change in the estimate over the past month [5] Revenue Growth Forecast - The consensus sales estimate for Frontdoor is $536.41 million for the current quarter, representing a year-over-year change of +2.6% [8] - For the current fiscal year, the revenue estimates are $1.83 billion, indicating a +2.9% change, and for the next fiscal year, the estimate is $1.93 billion, reflecting a +5.3% change [8] Last Reported Results and Surprise History - In the last reported quarter, Frontdoor generated revenues of $378 million, a +3% year-over-year change, and an EPS of $0.43 compared to $0.29 a year ago [9] - The reported revenues exceeded the Zacks Consensus Estimate of $376.36 million by +0.44%, and the EPS surprise was +115% [9][10] Valuation - Frontdoor is graded B in the Zacks Value Style Score, indicating it is trading at a discount to its peers [14] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is fairly valued [12][13] Bottom Line - The Zacks Rank 1 suggests that Frontdoor may outperform the broader market in the near term, supported by positive earnings estimate revisions and strong revenue growth potential [15]

Investors often opt for the stock-picking approach that involves stocks with a low price-to-earnings (P/E) ratio. This strategy is based on the notion that the lower the P/E ratio is, the higher the stock value. The reasoning behind this is straightforward — when a stock's current market price does not adequately reflect its higher earnings, it suggests potential for growth.But there is more to this whole P/E story. Because not only low P/E, stocks with a rising P/E can also fetch strong returns. In this re ...

Frontdoor (FTDR) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this home services provider, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the task of finding cutting-edge growth stocks is mad ...

Today's Speakers frontdoor. May 2, 2024 Chairman & Chief Executive Officer Senior Vice President & Chief Financial Officer Vice President Investor Relations & Treasurer Non-GAAP Financial Measures We define "Free Cash Flow" as net cash provided from operating activities less property additions. Free Cash Flow is not a measurement of our financial performance or liquidity under U.S. GAAP and does not purport to be an alternative to net cash provided from operating activities or any other performance or liqui ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________________________________________ FORM 10-Q ________________________________________________ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38617 Frontdoor, Inc. (Exact name of registra ...

For the quarter ended March 2024, Frontdoor (FTDR) reported revenue of $378 million, up 3% over the same period last year. EPS came in at $0.43, compared to $0.29 in the year-ago quarter.The reported revenue represents a surprise of +0.44% over the Zacks Consensus Estimate of $376.36 million. With the consensus EPS estimate being $0.20, the EPS surprise was +115.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expecta ...