FTD Companies (NASDAQ:FTD) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Sunday.

Other equities analysts also recently issued research reports about the company. Craig Hallum dropped their target price on FTD Companies from $18.00 to $10.00 and set a “hold” rating on the stock in a report on Thursday, November 9th. Zacks Investment Research upgraded FTD Companies from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 10th. Finally, DA Davidson dropped their target price on FTD Companies from $17.00 to $8.00 and set a “neutral” rating on the stock in a report on Wednesday, November 15th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. FTD Companies currently has an average rating of “Hold” and an average price target of $13.00.

FTD Companies (NASDAQ:FTD) opened at $7.19 on Friday. The firm has a market capitalization of $197.24, a PE ratio of -1.36, a PEG ratio of 0.98 and a beta of 0.34. FTD Companies has a twelve month low of $6.47 and a twelve month 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.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Prudential Financial Inc. grew its stake in shares of FTD Companies by 3.1% in the 2nd quarter. Prudential Financial Inc. now owns 283,908 shares of the company’s stock valued at $5,678,000 after buying an additional 8,443 shares in the last quarter. Cornerstone Capital Management Holdings LLC. bought a new stake in FTD Companies during the second quarter worth approximately $1,178,000. Penserra Capital Management LLC boosted its position in FTD Companies by 55.5% during the third quarter. Penserra Capital Management LLC now owns 142,147 shares of the company’s stock worth $1,853,000 after purchasing an additional 50,760 shares during the period. TIAA CREF Investment Management LLC boosted its position in FTD Companies by 20.4% during the second quarter. TIAA CREF Investment Management LLC now owns 84,340 shares of the company’s stock worth $1,687,000 after purchasing an additional 14,278 shares during the period. Finally, Gotham Asset Management LLC bought a new stake in FTD Companies during the second quarter worth approximately $254,000. 58.89% of the stock is owned by institutional investors and hedge funds.

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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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