$0.52 EPS Expected for FTD Companies, Inc. (FTD) This Quarter

Analysts expect FTD Companies, Inc. (NASDAQ:FTD) to post earnings per share of $0.52 for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for FTD Companies’ earnings. FTD Companies reported earnings per share of $0.78 during the same quarter last year, which suggests a negative year-over-year growth rate of 33.3%. The company is scheduled to issue its next quarterly earnings report on Thursday, August 3rd.

On average, analysts expect that FTD Companies will report full year earnings of $1.05 per share for the current fiscal year. For the next financial year, analysts forecast that the company will report earnings of $1.25 per share. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for FTD Companies.

A number of research firms recently weighed in on FTD. DA Davidson began coverage on FTD Companies in a report on Wednesday, June 14th. They set a “buy” rating and a $23.00 price target for the company. ValuEngine cut FTD Companies from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. TheStreet cut FTD Companies from a “c-” rating to a “d+” rating in a report on Monday, April 3rd. Zacks Investment Research raised FTD Companies from a “sell” rating to a “hold” rating in a report on Wednesday, March 15th. Finally, Sidoti cut FTD Companies from a “buy” rating to a “neutral” rating in a report on Wednesday, March 15th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $22.67.

FTD Companies (FTD) traded up 2.00% on Monday, hitting $19.35. The stock had a trading volume of 226,808 shares. The firm’s market cap is $530.85 million. The firm’s 50-day moving average price is $19.01 and its 200-day moving average price is $21.58. FTD Companies has a 1-year low of $16.62 and a 1-year high of $27.68.

Several large investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. purchased a new stake in FTD Companies during the fourth quarter valued at approximately $2,706,000. Comerica Bank raised its position in FTD Companies by 5.2% in the fourth quarter. Comerica Bank now owns 18,348 shares of the company’s stock valued at $427,000 after buying an additional 900 shares in the last quarter. State Street Corp raised its position in FTD Companies by 1.7% in the fourth quarter. State Street Corp now owns 450,595 shares of the company’s stock valued at $10,743,000 after buying an additional 7,398 shares in the last quarter. Martingale Asset Management L P raised its position in FTD Companies by 6.2% in the fourth quarter. Martingale Asset Management L P now owns 79,108 shares of the company’s stock valued at $1,886,000 after buying an additional 4,600 shares in the last quarter. Finally, Federated Investors Inc. PA raised its position in FTD Companies by 129.8% in the fourth quarter. Federated Investors Inc. PA now owns 51,717 shares of the company’s stock valued at $1,233,000 after buying an additional 29,211 shares in the last quarter. 59.50% of the stock is owned by institutional investors.

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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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:FTD”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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