FTDR
$64.35
Frontdoor, Inc.
Recent News
Assessing Frontdoor (FTDR) Valuation After Recent Share Price Momentum And Modest Undervaluation Estimate
What recent performance suggests about Frontdoor stock Frontdoor (FTDR) has quietly put up a mixed return profile, with the stock roughly flat over the past day, softer over the past week, yet showing double digit gains over the month and past 3 months. For investors watching momentum in home services names, those return figures, alongside Frontdoor’s one year and multi year total returns, may prompt a closer look at how the current share price lines up with the company’s fundamentals. See...
Q4 Rundown: Frontdoor (NASDAQ:FTDR) Vs Other Consumer Discretionary - Specialized Consumer Services Stocks
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how consumer discretionary - specialized consumer services stocks fared in Q4, starting with Frontdoor (NASDAQ:FTDR).
Starboard Takes $350 Million CarMax Stake, Seeks Board Seats
The activist investor has nominated its own CEO, Jeff Smith, to the CarMax board, along with Bill Cobb, the chairman and CEO of Frontdoor Inc., according to a statement Wednesday confirming an earlier Bloomberg News report. Starboard supports Barr, who starts this month, and is optimistic the former InterContinental Hotels Group CEO can be a catalyst for change at CarMax, Smith wrote in a letter to Barr.
CarMax Stock Edges Higher as Activist Takes Stake, Says New CEO Must ‘Move Quickly’
CarMax rose Wednesday after activist investor Starboard Value revealed a stake worth around $350 million in the used-car retailer and nominated two candidates for the company’s board. Starboard is pushing for a swift turnaround at CarMax which last month appointed Keith Barr as its new CEO. The activist firm nominated its own chief executive, Jeff Smith, and Frontdoor CEO William C. Cobb as new board directors.
Update: CarMax Investor Starboard Value Nominates 2 Directors to Board
(Updates with CarMax statement in last two paragraphs.) CarMax (KMX) activist investor Starboard