FTD Companies (FTD) Stock Rating Upgraded by ValuEngine
FTD Companies (NASDAQ:FTD) was upgraded by investment analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Thursday.
Several other equities analysts have also weighed in on the company. Craig Hallum reduced their price objective on FTD Companies from $18.00 to $10.00 and set a “hold” rating on the stock in a research note on Thursday, November 9th. Zacks Investment Research lowered FTD Companies from a “hold” rating to a “sell” rating in a research note on Thursday, November 23rd. Finally, DA Davidson reduced their price objective on FTD Companies from $17.00 to $8.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 15th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $13.00.
FTD Companies (NASDAQ:FTD) traded up $0.30 during midday trading on Thursday, hitting $6.16. The stock had a trading volume of 521,157 shares, compared to its average volume of 303,138. The firm has a market cap of $178.38, a price-to-earnings ratio of -1.00, a P/E/G ratio of 1.00 and a beta of 0.06. FTD Companies has a fifty-two week low of $5.51 and a fifty-two week high of $24.74. The company has a quick ratio of 0.51, a current ratio of 0.76 and a debt-to-equity ratio of 0.60.
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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