Equities research analysts expect that FTD Companies, Inc. (NASDAQ:FTD) will announce earnings per share (EPS) of ($0.04) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for FTD Companies’ earnings. FTD Companies posted earnings of $0.17 per share during the same quarter last year, which suggests a negative year over year growth rate of 123.5%. The firm is expected to announce its next earnings results after the market closes on Wednesday, November 8th.
According to Zacks, analysts expect that FTD Companies will report full year earnings of $1.11 per share for the current financial year. For the next financial year, analysts expect that the business will report earnings of $1.34 per share. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that that provide coverage for FTD Companies.
Several brokerages recently issued reports on FTD. Zacks Investment Research raised shares of FTD Companies from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 10th. DA Davidson downgraded shares of FTD Companies from a “buy” rating to a “neutral” rating and lowered their target price for the company from $23.00 to $17.00 in a report on Wednesday, August 9th. Finally, BidaskClub downgraded shares of FTD Companies from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $19.00.
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Shares of FTD Companies (NASDAQ FTD) opened at $10.35 on Monday. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.90 and a quick ratio of 0.73. FTD Companies has a 12 month low of $10.32 and a 12 month high of $26.19. The company has a market cap of $285.09, a price-to-earnings ratio of 7.90, a PEG ratio of 0.88 and a beta of 0.58.
Several hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its stake in shares of FTD Companies by 0.3% in the second quarter. Dimensional Fund Advisors LP now owns 2,299,788 shares of the company’s stock worth $45,996,000 after buying an additional 6,574 shares during the period. Vanguard Group Inc. increased its position in FTD Companies by 4.6% during the 1st quarter. Vanguard Group Inc. now owns 1,523,000 shares of the company’s stock valued at $30,674,000 after purchasing an additional 67,638 shares during the period. Alliancebernstein L.P. increased its position in FTD Companies by 10.4% during the 2nd quarter. Alliancebernstein L.P. now owns 1,484,390 shares of the company’s stock valued at $29,688,000 after purchasing an additional 139,851 shares during the period. Boston Partners boosted its holdings in shares of FTD Companies by 2.4% during the 3rd quarter. Boston Partners now owns 729,689 shares of the company’s stock valued at $9,515,000 after buying an additional 17,041 shares in the last quarter. Finally, Prudential Financial Inc. boosted its holdings in shares of FTD Companies by 3.1% during the 2nd quarter. Prudential Financial Inc. now owns 283,908 shares of the company’s stock valued at $5,678,000 after buying an additional 8,443 shares in the last quarter. 59.33% of the stock is currently owned by hedge funds and other institutional investors.
FTD Companies Company Profile
FTD Companies, Inc (FTD) is a floral and gifting company. The Company operates through four segments: Consumer, Florist, International and Provide Commerce. Through its Consumer segment, FTD is a direct marketer of floral and gift products for consumers, primarily in the United States and Canada. Through its Florist segment, the Company is a provider of products and services to its floral network members, which include traditional retail florists and other non-florist retail locations, primarily in the United States and Canada.
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