FTD Companies, Inc. (NASDAQ:FTD) had its price objective cut by DA Davidson from $17.00 to $8.00 in a report issued on Wednesday. The firm presently has a “neutral” rating on the stock. DA Davidson’s price target would suggest a potential upside of 5.12% from the stock’s current price.
FTD has been the subject of several other research reports. Craig Hallum dropped their price target on shares of FTD Companies from $18.00 to $10.00 and set a “hold” rating for the company in a research report on Thursday, November 9th. Zacks Investment Research raised shares of FTD Companies from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 10th. Finally, BidaskClub lowered shares of FTD Companies from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 8th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $13.00.
FTD Companies (NASDAQ FTD) opened at $7.61 on Wednesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.76 and a quick ratio of 0.51. The firm has a market cap of $194.21, a P/E ratio of 8.29, a PEG ratio of 0.60 and a beta of 0.58. FTD Companies has a 52-week low of $6.93 and a 52-week high of $26.19.
ILLEGAL ACTIVITY NOTICE: This story was originally posted by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this story on another domain, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The original version of this story can be viewed at https://sportsperspectives.com/2017/11/17/ftd-companies-inc-ftd-pt-lowered-to-8-00.html.
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.
Receive News & Ratings for FTD Companies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FTD Companies Inc. and related companies with MarketBeat.com's FREE daily email newsletter.