FTD Companies, Inc. (NASDAQ:FTD)’s share price hit a new 52-week low on Monday . The company traded as low as $7.49 and last traded at $8.09, with a volume of 552800 shares traded. The stock had previously closed at $9.80.

FTD has been the subject of a number of recent analyst reports. Zacks Investment Research lowered shares of FTD Companies from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 15th. Craig Hallum decreased their price objective 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. BidaskClub lowered shares of FTD Companies from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 8th. Finally, DA Davidson lowered shares of FTD Companies from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $23.00 to $17.00 in a report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. FTD Companies has an average rating of “Hold” and an average target price of $16.00.

The firm has a market capitalization of $209.08, a price-to-earnings ratio of 8.93, a price-to-earnings-growth ratio of 0.65 and a beta of 0.58. The company has a quick ratio of 0.51, a current ratio of 0.76 and a debt-to-equity ratio of 0.60.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Alliancebernstein L.P. raised its stake 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 buying an additional 139,851 shares during the last quarter. Clark Estates Inc. NY purchased a new stake in FTD Companies during the 2nd quarter valued at $2,064,000. Thrivent Financial For Lutherans purchased a new stake in FTD Companies during the 2nd quarter valued at $2,061,000. Citadel Advisors LLC raised its stake in FTD Companies by 51.9% during the 3rd quarter. Citadel Advisors LLC now owns 290,191 shares of the company’s stock valued at $3,784,000 after buying an additional 99,142 shares during the last quarter. Finally, Penserra Capital Management LLC raised its stake in FTD Companies by 504.4% during the 2nd quarter. Penserra Capital Management LLC now owns 91,387 shares of the company’s stock valued at $1,827,000 after buying an additional 76,266 shares during the last quarter. Institutional investors own 59.35% of the company’s stock.

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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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