Worth Watching: FTD Companies Inc Can’t Burn Your Short Portfolio. Has Another Weak Session

Worth Watching: FTD Companies Inc Can't Burn Your Short Portfolio. Has Another Weak Session

The stock of FTD Companies Inc (NASDAQ:FTD) is a huge mover today! The stock decreased 7.54% or $1.47 during the last trading session, hitting $18.03. About 287,282 shares traded hands or 151.53% up from the average. FTD Companies Inc (NASDAQ:FTD) has declined 25.32% since April 4, 2016 and is downtrending. It has underperformed by 26.41% the S&P500.
The move comes after 6 months negative chart setup for the $488.95 million company. It was reported on Nov, 4 by Barchart.com. We have $16.23 PT which if reached, will make NASDAQ:FTD worth $48.90 million less.

FTD Companies Inc (NASDAQ:FTD) Ratings Coverage

Out of 6 analysts covering FTD Companies (NASDAQ:FTD), 1 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 17% are positive. FTD Companies has been the topic of 8 analyst reports since August 20, 2015 according to StockzIntelligence Inc. B. Riley & Co upgraded the shares of FTD in a report on Tuesday, November 10 to “Focus List” rating. The stock of FTD Companies Inc (NASDAQ:FTD) earned “Neutral” rating by B. Riley & Co on Friday, September 16. The firm has “Hold” rating given on Thursday, July 14 by Craig Hallum. The stock of FTD Companies Inc (NASDAQ:FTD) earned “Buy” rating by Sidoti on Tuesday, September 29. The stock of FTD Companies Inc (NASDAQ:FTD) earned “Hold” rating by TheStreet on Thursday, August 20. Briley maintained it with “Neutral” rating and $24 target price in Monday, September 19 report. As per Friday, August 5, the company rating was downgraded by Monness Crespi.

According to Zacks Investment Research, “FTD Companies, Inc. operates as a floral and gifting company. The Company provides floral, gift and related products and services to consumers, retail florists, and other retail locations primarily in the U.S., Canada, the U.K., and the Republic of Ireland. Its portfolio of brands also includes Flying Flowers, Flowers Direct, and Drake Algar in the U.K. FTD Companies, Inc. is headquartered in Downers Grove, Illinois.”

Insitutional Activity: The institutional sentiment decreased to 0.79 in Q2 2016. Its down 0.59, from 1.38 in 2016Q1. The ratio turned negative, as 16 funds sold all FTD Companies Inc shares owned while 47 reduced positions. 17 funds bought stakes while 33 increased positions. They now own 16.63 million shares or 3.00% less from 17.14 million shares in 2016Q1.
Tiaa Cref Management Lc accumulated 81,877 shares or 0% of the stock. Barclays Public Ltd last reported 3,556 shares in the company. Deutsche National Bank & Trust Ag has 0% invested in the company for 70,471 shares. Moreover, Citigroup Incorporated has 0% invested in FTD Companies Inc (NASDAQ:FTD) for 10,685 shares. State Street has 0% invested in the company for 414,534 shares. Comerica Financial Bank has 0% invested in the company for 17,707 shares. Ingalls And Snyder Llc owns 17,177 shares or 0.03% of their US portfolio. Benjamin F Edwards And holds 0% or 6 shares in its portfolio. Bancorp Of America Corp De accumulated 0% or 160,733 shares. Ls Invest Advsrs Llc owns 630 shares or 0% of their US portfolio. Moreover, Legal And General Grp Public Limited Company has 0% invested in FTD Companies Inc (NASDAQ:FTD) for 4,536 shares. Voya Inv Mngmt Limited accumulated 11,185 shares or 0% of the stock. Guggenheim Capital Lc accumulated 0% or 38,420 shares. New York State Teachers Retirement, a New York-based fund reported 39,667 shares. Envestnet Asset accumulated 2,493 shares or 0% of the stock.

More notable recent FTD Companies Inc (NASDAQ:FTD) news were published by: Globenewswire.com which released: “FTD Companies, Inc. Announces Executive Leadership Changes” on November 04, 2016, also Fool.com with their article: “FTD Companies Inc. Forecasts Flat Sales and Rising Profits for 2016” published on March 16, 2016, Fool.com published: “Why FTD Companies Inc.’s Stock Jumped 13% in March” on April 07, 2016. More interesting news about FTD Companies Inc (NASDAQ:FTD) were released by: Fool.com and their article: “FTD Companies Inc. Lowers Its Outlook as the Florist Business Stumbles” published on August 05, 2016 as well as Globenewswire.com‘s news article titled: “FTD Companies, Inc. Announces Second Quarter 2016 Financial Results” with publication date: August 04, 2016.

FTD Company Profile

FTD Companies, Inc. (FTD), incorporated on April 25, 2008, is a floral and gifting company. The Firm operates through four divisions: 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 well-known provider of services and products to its floral network members, which include traditional retail florists and other non-florist retail locations, primarily in the United States and Canada. The Company’s International segment consists of Interflora, which operates primarily in the United Kingdom and the Republic of Ireland. Through its Provide Commerce segment, FTD is a direct marketer of floral and gift products, including specialty foods, personalized gifts and other gifting products for consumers, primarily in the United States.

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