FTDR

Frontdoor Inc.

Consumer


Presented:08/13/2021
Price:$43.06
Cap:$3.69B
Current Price:$51.37
Cap:$3.93B

Presented

Date08/13/2021
Price$43.06
Market Cap$3.69B
Ent Value$4.62B
P/E Ratio38.48x
Book Value$0.04
Div Yield0%
Shares O/S85.75M
Ave Daily Vol386,217
Short IntN/A

Current

Price$51.37
Market Cap$3.93B
Frontdoor, Inc. engages in the provision of home service plans. Its home service plans cover the repair or replacement of major home’s systems and appliances. The firm’s service focuses on water heaters, garbage disposals, doorbells, smoke detectors, ceiling fans, central vacuums, refrigerators, dishwashers and trash compactors. Its brands include American Home Shield, HSA, OneGuard and Landmark. The company was founded on January 2, 2018 and is headquartered in Memphis, TN.

Publicly traded companies mentioned herein: Frontdoor Inc (FTDR), Lyft Inc (LYFT)

Highlights

The presenter is long shares of Frontdoor Inc (FTDR), the country’s largest provider of home service repair plans. With higher-than-usual service costs retracting to more normal rates, the presenter’s view is that FTDR is a well-positioned, recurring revenue business with a more sustainable customer acquisition model, a strong network of service professionals, and a new line of products to support management’s DD% revenue growth model.

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Idea Discussion

Commentor 1 - 2 weeks ago

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