FTD Companies (FTD) Lowered to “Hold” at ValuEngine
ValuEngine cut shares of FTD Companies (NASDAQ:FTD) from a buy rating to a hold rating in a research note published on Sunday morning.
Several other equities research analysts have also issued reports on the stock. Zacks Investment Research lowered shares of FTD Companies from a hold rating to a sell rating in a report on Thursday, November 23rd. DA Davidson reduced their target price on shares of FTD Companies from $17.00 to $8.00 and set a neutral rating for the company in a report on Wednesday, November 15th. Finally, Craig Hallum reduced their target price on shares of FTD Companies from $18.00 to $10.00 and set a hold rating for the company in a report on Thursday, November 9th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of $13.00.
FTD Companies (NASDAQ FTD) opened at $7.52 on Friday. FTD Companies has a one year low of $6.47 and a one year high of $25.33. The company has a quick ratio of 0.51, a current ratio of 0.76 and a debt-to-equity ratio of 0.60. The firm has a market cap of $207.15, a P/E ratio of -1.43, a PEG ratio of 0.61 and a beta of 0.37.
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About FTD Companies
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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