Frontdoor Inc (FTDR) Stock AnalysisFTDRFrontdoor Inc

Frontdoor, Inc. is a provider of home warranties and new home builder warranties in the United States. The Company's customizable home warranties help customers protect and maintain their homes from costly and unplanned breakdowns of essential home systems and appliances. It provides its customers with an offering financial protection against unplanned and expensive home repairs, coupled with the convenience of having repairs completed by professionals whose quality levels are regularly monitored. Its home warranty customers can subscribe to an annual service plan agreement that covers the repair or replacement for breakdowns, such as normal wear and tear of components of approximately 29 home systems and appliances, including electrical, plumbing, heating, ventilation and air conditioning (HVAC) systems, water heaters, refrigerators, dishwashers and ranges/ovens/cooktops, as well as optional coverages for pools, spas and pumps. It operates in the Consumer Non-Cyclicals sector (SERVICES-TO DWELLINGS & OTHER BUILDINGS industry).

Frontdoor Inc is a good buy right now due to its current price of $79.80 being below multiple analyst price targets, including $105 from Truist and $100 from Oppenheimer. The company has shown strong earnings growth with a recent EPS of 1.93, exceeding estimates by 8.43%. However, the main risk is its relatively high debt to equity ratio of 408.45%, indicating potential financial leverage concerns.

2 analysts cover FTDR: 2 rate it Buy, 0 Hold and 0 Sell. The average price target is 67.00.