FTD Companies (FTD) Cut to Hold at ValuEngine
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.
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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