When a stock like Frontdoor (FTDR) gains 7.31% in just one week, it’s worth examining what’s driving the move. The home services provider is currently showing strong momentum characteristics that deserve investor attention, backed by solid fundamentals and positive analyst sentiment.
How FTDR Stacks Up Against Its Peers
Performance comparison tells an important story. While FTDR climbed 7.31% over the past week, its industry—the Zacks Building Products - Miscellaneous sector—only managed 1.82% in the same period. This outperformance gap widens when you zoom out. Over the last month, FTDR gained 3.82%, underperforming the industry’s 8.29% return, suggesting recent momentum is accelerating. However, the longer-term picture reveals real strength: FTDR has surged 11.19% in the past three months and 27.48% over the last year, significantly outpacing the S&P 500’s 8.58% quarterly and 17.39% yearly gains respectively.
Trading activity reinforces bullish sentiment. FTDR’s 20-day average volume sits at 730,934 shares, providing a healthy liquidity baseline that supports the upward price action.
Earnings Revisions Point to Growing Confidence
Beyond price action, what really matters for momentum investors is whether Wall Street’s expectations are moving in the right direction. For FTDR, they clearly are. Over the past 60 days, 4 earnings estimates have been raised with zero cuts, pushing the full-year consensus from $3.46 to $3.90. Looking ahead, the same pattern holds: 4 upward revisions on fiscal year estimates with no downward adjustments. This consistency in estimate upgrades is a powerful signal that the investment community sees improving fundamentals ahead.
The Rating That Matters
FTDR carries a Zacks Momentum Score of B, reflecting both its price momentum and the positive earnings revision trend. More importantly, the stock holds a Zacks Rank of #1 (Strong Buy)—a designation that historically outperforms the market over the subsequent month when paired with A or B Style Scores.
What This Means for Your Portfolio
If you’re hunting for a growth opportunity positioned to continue climbing, FTDR warrants a place on your watchlist. The combination of short-term price acceleration, long-term outperformance, and improving analyst forecasts creates a compelling case for those with momentum-driven investment strategies.
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FTDR Stock Rallies 7.31% Weekly: Breaking Down the Momentum Behind Frontdoor
When a stock like Frontdoor (FTDR) gains 7.31% in just one week, it’s worth examining what’s driving the move. The home services provider is currently showing strong momentum characteristics that deserve investor attention, backed by solid fundamentals and positive analyst sentiment.
How FTDR Stacks Up Against Its Peers
Performance comparison tells an important story. While FTDR climbed 7.31% over the past week, its industry—the Zacks Building Products - Miscellaneous sector—only managed 1.82% in the same period. This outperformance gap widens when you zoom out. Over the last month, FTDR gained 3.82%, underperforming the industry’s 8.29% return, suggesting recent momentum is accelerating. However, the longer-term picture reveals real strength: FTDR has surged 11.19% in the past three months and 27.48% over the last year, significantly outpacing the S&P 500’s 8.58% quarterly and 17.39% yearly gains respectively.
Trading activity reinforces bullish sentiment. FTDR’s 20-day average volume sits at 730,934 shares, providing a healthy liquidity baseline that supports the upward price action.
Earnings Revisions Point to Growing Confidence
Beyond price action, what really matters for momentum investors is whether Wall Street’s expectations are moving in the right direction. For FTDR, they clearly are. Over the past 60 days, 4 earnings estimates have been raised with zero cuts, pushing the full-year consensus from $3.46 to $3.90. Looking ahead, the same pattern holds: 4 upward revisions on fiscal year estimates with no downward adjustments. This consistency in estimate upgrades is a powerful signal that the investment community sees improving fundamentals ahead.
The Rating That Matters
FTDR carries a Zacks Momentum Score of B, reflecting both its price momentum and the positive earnings revision trend. More importantly, the stock holds a Zacks Rank of #1 (Strong Buy)—a designation that historically outperforms the market over the subsequent month when paired with A or B Style Scores.
What This Means for Your Portfolio
If you’re hunting for a growth opportunity positioned to continue climbing, FTDR warrants a place on your watchlist. The combination of short-term price acceleration, long-term outperformance, and improving analyst forecasts creates a compelling case for those with momentum-driven investment strategies.