FTD Companies Inc (FTD) Given Consensus Recommendation of “Hold” by Analysts

Shares of FTD Companies Inc (NASDAQ:FTD) have been assigned a consensus rating of “Hold” from the eight analysts that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $13.00.

A number of research analysts have issued reports on FTD shares. Craig Hallum lowered their price objective on FTD Companies from $18.00 to $10.00 and set a “hold” rating for the company in a research note on Thursday, November 9th. Zacks Investment Research cut FTD Companies from a “hold” rating to a “sell” rating in a research note on Thursday, November 23rd. DA Davidson lowered their price objective on FTD Companies from $17.00 to $8.00 and set a “neutral” rating for the company in a research note on Wednesday, November 15th. Finally, ValuEngine lowered FTD Companies from a “buy” rating to a “hold” rating in a report on Sunday, December 31st.

Several institutional investors have recently bought and sold shares of FTD. Schwab Charles Investment Management Inc. increased its holdings in shares of FTD Companies by 1.2% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 90,142 shares of the company’s stock worth $1,803,000 after purchasing an additional 1,044 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of FTD Companies by 12.1% in the second quarter. Legal & General Group Plc now owns 32,925 shares of the company’s stock worth $658,000 after acquiring an additional 3,549 shares during the period. BNP Paribas Arbitrage SA grew its holdings in shares of FTD Companies by 91.7% in the second quarter. BNP Paribas Arbitrage SA now owns 6,588 shares of the company’s stock worth $132,000 after acquiring an additional 3,152 shares during the period. Prudential Financial Inc. grew its holdings in shares of FTD Companies by 3.1% in the second quarter. Prudential Financial Inc. now owns 283,908 shares of the company’s stock worth $5,678,000 after acquiring an additional 8,443 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in shares of FTD Companies by 0.8% in the second quarter. Principal Financial Group Inc. now owns 131,459 shares of the company’s stock worth $2,629,000 after acquiring an additional 1,107 shares during the period. 58.89% of the stock is owned by institutional investors and hedge funds.

FTD Companies (NASDAQ:FTD) traded up $0.54 on Friday, hitting $8.39. The stock had a trading volume of 257,700 shares, compared to its average volume of 187,738. The stock has a market cap of $228.91, a PE ratio of -1.59, a PEG ratio of 0.63 and a beta of 0.35. FTD Companies has a 52 week low of $6.47 and a 52 week high of $24.85. The company has a current ratio of 0.76, a quick ratio of 0.51 and a debt-to-equity ratio of 0.60.

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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.

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