Latest news with #Frontdoor
Business Wire
a day ago
- Business
- Business Wire
American Home Shield Celebrates American Independence with 50% Off Home Warranties
MEMPHIS, Tenn.--(BUSINESS WIRE)-- American Home Shield, a Frontdoor, Inc. (NASDAQ: FTDR) company and the nation's leading provider of home warranties, is celebrating the 249th anniversary of the Declaration of Independence by offering 50% off its ShieldGold™ and ShieldSilver™ home warranty plans for new members through July 8. 'This is a great offer that can help homeowners declare their independence from worry,' said Kathy Collins, Frontdoor, Inc.'s Chief Revenue Officer. 'An American Home Shield plan can provide peace of mind that your home's appliances and systems are covered when inevitable breakdowns occur.' An AHS home warranty is a one-year, renewable home warranty plan that covers selected major home systems and appliances, like heating and air conditioning (HVAC), refrigerator, water heater, and washer and dryer. Plans can cover the repair and replacement costs when parts of covered systems and appliances break down due to normal wear and tear. The ShieldSilver plan covers parts of 14 major systems (HVAC, plumbing, electrical) to help keep your home running. The ShieldGold plan protects parts of 23 major home systems, plus appliances in your home. 'As an added benefit for members of the ShieldGold plan, they can video chat through the AHS app with a highly experienced, live repair Expert to help with the issue at no extra cost. The Expert can help assess or potentially even fix the problem right over-the-phone,' Collins said. For more information, please visit or for coverage details, including fees, limits, and limitations and exclusions, visit New Jersey Residents: The product being offered is a service contract and is separate and distinct from any product or service warranty which may be provided by the home builder or manufacturer. About Frontdoor, Inc. Frontdoor is the industry leader in home warranties and new home structural warranties, and a leading provider of on-demand home repair and maintenance services. As the parent company of two leading brands – American Home Shield and 2-10 Home Buyers Warranty – totaling more than two million members – we bring over 50 years of experience in the home warranty category, a cultivated national network of independent service contractors, and a reputation for delivering quality service and product innovation. American Home Shield, the leader in home warranties, gives homeowners peace of mind, budget protection and convenience, covering up to 23 home systems and appliances from costly and unexpected breakdowns. 2-10 Home Buyers Warranty is the leader in new home structural warranties, providing home builders with coverage for structural failures. These two brands, together with Frontdoor's cutting-edge on-demand services, provide an unbeatable combination that meets the full suite of homeowner repair and maintenance needs. For more information about Frontdoor, Inc., please visit FTDR-Company
Yahoo
2 days ago
- Business
- Yahoo
Are You Looking for a Top Momentum Pick? Why Frontdoor (FTDR) is a Great Choice
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Frontdoor (FTDR), a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Frontdoor currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> Let's discuss some of the components of the Momentum Style Score for FTDR that show why this home services provider shows promise as a solid momentum pick. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area. For FTDR, shares are up 3.76% over the past week while the Zacks Building Products - Miscellaneous industry is flat over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 5.2% compares favorably with the industry's 0.51% performance as well. Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Over the past quarter, shares of Frontdoor have risen 45.88%, and are up 70.66% in the last year. In comparison, the S&P 500 has only moved 5.86% and 12.83%, respectively. Investors should also take note of FTDR's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, FTDR is averaging 533,195 shares for the last 20 days. The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with FTDR. Over the past two months, 4 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost FTDR's consensus estimate, increasing from $3.01 to $3.46 in the past 60 days. Looking at the next fiscal year, 3 estimates have moved upwards while there have been 1 downward revision in the same time period. Given these factors, it shouldn't be surprising that FTDR is a #2 (Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Frontdoor on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Frontdoor Inc. (FTDR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Frontdoor Announces Tech Expert Dr. Bala Ganesh as Chief Technology Officer
Executive brings extensive familiarity with the company and deep experience in optimizing business through technology and innovation MEMPHIS, Tenn., June 25, 2025--(BUSINESS WIRE)--Frontdoor, Inc. (NASDAQ: FTDR), the nation's leading provider of home warranties, today announced that Dr. Bala Ganesh has been selected to serve as Senior Vice President and Chief Technology Officer, effective July 14, 2025. "Bala is an amazingly talented tech expert, innovator and leader. Thoughtful and strategic, he has a wealth of experience in digital transformation, cybersecurity and product development," said Bill Cobb, Frontdoor's chairman and chief executive officer. "From his past work with Frontdoor, he is deeply familiar with our technology and operating systems, and very well positioned to hit the ground running." Ganesh has served as a member of Frontdoor's board of directors since July 2023. He will resign from that position, effective June 30, 2025. "I am delighted to be joining Frontdoor in a day-to-day operational role. I am very familiar with Frontdoor's business models and technology, and I intend to use my extensive experience with AI to further enhance the company's product offerings, acquisition tools, and member experience," Ganesh said. Ganesh previously served as the Chief Technology Officer of OnTrac Logistics, a subsidiary of OnTrac Final Mile, a logistics company providing e-commerce delivery services. Prior to OnTrac, from August 2022 to August 2023, Ganesh was a Partner at AKF Consulting LLC, which provides technology consulting, technical due diligence and interim technology leadership services. Previously, Ganesh served at United Parcel Service for over 10 years in a variety of roles. Among the highlights, as Vice President of Engineering, he managed UPS's global technology innovation strategy. While in this role, he was recognized by Business Insider as one of the 100 people transforming business. As the Vice President of Advanced Technology, Ganesh led UPS's technology strategy for aerial drones, robotics, sensors, artificial intelligence, and autonomous vehicles. As the Vice President of Advanced Analytics and Revenue Management, he led a team of data scientists and marketers to implement machine learning prediction models for pricing and other functions. Ganesh holds a PhD in aerospace engineering with a minor in mathematics, and an MBA and a Master of Science in aerospace engineering from the Georgia Institute of Technology. He also holds a Bachelor of Arts from the Indian National Defence Academy. Upon graduation from the INDA, Ganesh served for six years as a fighter pilot in the Indian Air Force. About Frontdoor, Inc. Frontdoor is the industry leader in home warranties and new home structural warranties, and a leading provider of on-demand home repair and maintenance services. As the parent company of two leading brands – American Home Shield and 2-10 Home Buyers Warranty – totaling more than two million members – we bring over 50 years of experience in the home warranty category, a cultivated national network of independent service contractors, and a reputation for delivering quality service and product innovation. American Home Shield, the leader in home warranties, gives homeowners peace of mind, budget protection and convenience, covering up to 23 home systems and appliances from costly and unexpected breakdowns. 2-10 Home Buyers Warranty is the leader in new home structural warranties, providing home builders with coverage for structural failures. These two brands, together with Frontdoor's cutting-edge on-demand services, provide an unbeatable combination that meets the full suite of homeowner repair and maintenance needs. For more information about Frontdoor, Inc., please visit Forward-Looking Statements This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's current expectations and beliefs, as well as a number of assumptions concerning future events. These statements are subject to risks, uncertainties, assumptions, and other important factors. Readers are cautioned not to put undue reliance on such forward-looking statements, because actual results may vary materially from those expressed or implied. The reports filed by Frontdoor pursuant to United States securities laws contain discussions of these risks and uncertainties, including the disclosure contained in Item 1A. Risk Factors in our 2024 Annual Report on Form 10-K filed with the SEC. Frontdoor assumes no obligation to, and expressly disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are advised to review Frontdoor's filings with the United States Securities and Exchange Commission (which are available on the SEC's EDGAR database at and via Frontdoor's website at View source version on Contacts Investor Relations Matt Davis901-701-5199IR@ Media Tom Collins901-701-5198MediaCenter@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-06-2025
- Business
- Yahoo
Is Frontdoor, Inc. (NASDAQ:FTDR) Trading At A 24% Discount?
Using the 2 Stage Free Cash Flow to Equity, Frontdoor fair value estimate is US$73.99 Frontdoor is estimated to be 24% undervalued based on current share price of US$56.43 The US$55.50 analyst price target for FTDR is 25% less than our estimate of fair value In this article we are going to estimate the intrinsic value of Frontdoor, Inc. (NASDAQ:FTDR) by taking the expected future cash flows and discounting them to today's value. We will use the Discounted Cash Flow (DCF) model on this occasion. Models like these may appear beyond the comprehension of a lay person, but they're fairly easy to follow. Remember though, that there are many ways to estimate a company's value, and a DCF is just one method. For those who are keen learners of equity analysis, the Simply Wall St analysis model here may be something of interest to you. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company's cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. To begin with, we have to get estimates of the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today's value: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF ($, Millions) US$278.4m US$294.2m US$281.0m US$275.2m US$273.6m US$275.0m US$278.3m US$283.2m US$289.1m US$295.9m Growth Rate Estimate Source Analyst x2 Analyst x2 Analyst x1 Est @ -2.06% Est @ -0.56% Est @ 0.49% Est @ 1.22% Est @ 1.74% Est @ 2.10% Est @ 2.35% Present Value ($, Millions) Discounted @ 7.3% US$259 US$256 US$228 US$208 US$193 US$180 US$170 US$162 US$154 US$147 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = US$2.0b The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (2.9%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 7.3%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = US$296m× (1 + 2.9%) ÷ (7.3%– 2.9%) = US$7.0b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= US$7.0b÷ ( 1 + 7.3%)10= US$3.5b The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is US$5.4b. In the final step we divide the equity value by the number of shares outstanding. Relative to the current share price of US$56.4, the company appears a touch undervalued at a 24% discount to where the stock price trades currently. The assumptions in any calculation have a big impact on the valuation, so it is better to view this as a rough estimate, not precise down to the last cent. The calculation above is very dependent on two assumptions. The first is the discount rate and the other is the cash flows. Part of investing is coming up with your own evaluation of a company's future performance, so try the calculation yourself and check your own assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Frontdoor as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 7.3%, which is based on a levered beta of 1.000. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. Check out our latest analysis for Frontdoor Strength Earnings growth over the past year exceeded the industry. Debt is well covered by earnings and cashflows. Weakness No major weaknesses identified for FTDR. Opportunity Annual earnings are forecast to grow for the next 3 years. Good value based on P/E ratio and estimated fair value. Threat Annual earnings are forecast to grow slower than the American market. Although the valuation of a company is important, it shouldn't be the only metric you look at when researching a company. It's not possible to obtain a foolproof valuation with a DCF model. Rather it should be seen as a guide to "what assumptions need to be true for this stock to be under/overvalued?" For example, changes in the company's cost of equity or the risk free rate can significantly impact the valuation. What is the reason for the share price sitting below the intrinsic value? For Frontdoor, we've compiled three further aspects you should look at: Risks: Be aware that Frontdoor is showing 2 warning signs in our investment analysis , you should know about... Future Earnings: How does FTDR's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other Solid Businesses: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered! PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the NASDAQGS every day. If you want to find the calculation for other stocks just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Miami Herald
13-06-2025
- Business
- Miami Herald
Lowe's launches first home improvement creator network
Not everyone is handy enough to tackle DIY home improvement projects, but that apparently doesn't stop people from trying. Frontdoor (FTDR), a home warranty and repair solutions platform, surveyed over 1,000 Americans and found 98% have taken on a DIY project at some point in their lives. Around 77% actually find the work fun, while 83% of DIYers feel empowered by taking matters into their own hands. Don't miss the move: Subscribe to TheStreet's free daily newsletter More than half (52%) get their inspiration from social media, whether it's how to save money or learn the skills and techniques to pull off the project. In fact, for those who get stuck mid-project, 73% look to YouTube for help, 60% search Google, and 18% scroll social media - likely anything from videos on Instagram and TikTok to one of the many DIY threads on Reddit. While the Frontdoor survey indicates that 42% wind up with some DIY regrets, 74% plan to do another project this year. And Lowe's (LOW) is pulling out all the stops to ensure it will be the place where DIYers come to shop. Image source:Lowe's recently announced the launch of The Lowe's Creator Network, the first creator network dedicated to home improvement. It will enable DIYers to showcase their skills and projects - created with Lowe's products, of course - to captive audiences on YouTube and other social media platforms. The company is starting off with a bang. YouTube creator, entrepreneur, and philanthropist Jimmy Donaldson, aka MrBeast, who scores 2 billion views a month on his YouTube channel, was one of the first creators to join the network. Related: Lowe's makes one of its largest ever billion-dollar acquisitions In addition to MrBeast's curated Lowe's storefront, the company will be an exclusive "Beast Games" partner for the building of the new BeastCity, a "city" where contestants will live as they compete in the second season of the popular series. However, creators don't need to have the same level of fame as MrBeast to sign up. "Driving preference and engagement with the Lowe's brand by tapping into creators with varying levels of followers is a key priority for Lowe's as we look to gain relevance with younger generations while increasing digital engagement," Lowe's Chief Marketing Officer Jen Wilson said in a company statement. Still, MrBeast and other noted influencers like DadSocial and Chris Loves Julia will be spotlighting Lowe's to millions of followers. And while some homeowners will still get their inspiration from shows on HGTV and the like, it's clear that Lowe's is looking to build a bigger connection with Millennial and Gen Z audiences - and turn them into paying customers. Per the Frontdoor survey, the average age for people starting off on their DIY journeys is 28. And it's not always about improving the interior of their homes. In fact, the report says that the top five most popular DIY projects in America are chicken coops, raised bed gardens, storm shelters, saunas, and outdoor lighting. Nearly half (47%) of DIYers start their projects because they couldn't afford to hire pros. But those who successfully complete their projects and are ready to tackle more might consider earning some money with the Lowe's Creator Network. Related: Lowe's making drastic store change to beat Home Depot The Lowe's Creator website put out the call to home improvement and decorating content creators on its website, saying: "When you become a partner, you'll get the mentoring you want and the chance [to] expand your content, featuring products from and helping you make money with your creative ideas." Creators can earn up to 20% commission on purchases through their Lowe's affiliate links on their storefront, and there are additional performance-based perks and incentives. More home improvement: Lowe's CEO flags alarming consumer trend that's hurting salesHome Depot struggles to reverse concerning customer behaviorHome Depot launches genius answer to tariff concerns "Creators aren't just making content. They're building businesses by taking on real projects and connecting with their communities through meaningful storytelling," said Lowe's Head of Social and Influencer Marketing Jonathan Stanley. "With Lowe's Creator Network, we're committed to helping our creators grow and are empowering them to bring their dream projects to life. From training resources to product samples and self-serve storefronts, we're giving creators the resources to produce content they know their audiences will want to see," Stanley says. The Lowe's Creator Network enrolled more than 17,000 creators during its beta launch. The goal is to build visibility on social for Lowe's and its vendor partners, with plans to expand opportunities through Lowe's Retail Media Network. Related: Social media influencers are about to make a lot more money The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
