The stock of FTD Companies Inc (NASDAQ:FTD) is a huge mover today! About 126,112 shares traded hands or 4.97% up from the average. FTD Companies Inc (NASDAQ:FTD) has declined 29.40% since April 5, 2016 and is downtrending. It has underperformed by 31.36% the S&P500.
The move comes after 7 months positive chart setup for the $567.16M company. It was reported on Nov, 8 by Barchart.com. We have $30.21 PT which if reached, will make NASDAQ:FTD worth $283.58 million more.
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. The rating was downgraded by B. Riley & Co on Friday, September 16 to “Neutral”. The company was downgraded on Thursday, July 14 by Craig Hallum. The rating was maintained by Briley on Monday, September 19 with “Neutral”. The firm has “Focus List” rating by B. Riley & Co given on Tuesday, November 10. The stock of FTD Companies Inc (NASDAQ:FTD) earned “Neutral” rating by Monness Crespi on Friday, August 5. Sidoti upgraded it to “Buy” rating and $37 target price in Tuesday, September 29 report. The rating was upgraded by TheStreet on Thursday, August 20 to “Hold”.
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 fall, 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.
Millennium Mngmt Limited Com has 0% invested in the company for 77,556 shares. Manufacturers Life The owns 11,319 shares or 0% of their US portfolio. Qs Ltd holds 0% or 11 shares in its portfolio. Aqr Ltd Limited Liability Company last reported 0% of its portfolio in the stock. Benjamin F Edwards Communications holds 6 shares or 0% of its portfolio. Envestnet Asset Mgmt Incorporated accumulated 0% or 2,493 shares. Panagora Asset Mngmt reported 9,211 shares or 0% of all its holdings. State Of Tennessee Treasury Department owns 14,932 shares or 0% of their US portfolio. Gmt Capital Corporation reported 668,200 shares or 0.4% of all its holdings. Voya Investment Mngmt Ltd has 11,185 shares for 0% of their US portfolio. Blackrock Advsr Lc holds 0% of its portfolio in FTD Companies Inc (NASDAQ:FTD) for 8,772 shares. Bridgeway Capital Management last reported 52,540 shares in the company. Advisory Ser Networks Limited Liability Corp last reported 0.03% of its portfolio in the stock. Moreover, Blackrock Fund Advsr has 0.01% invested in FTD Companies Inc (NASDAQ:FTD) for 1.19 million shares. Bancorp Of Montreal Can accumulated 1,418 shares or 0% of the stock.
More notable recent FTD Companies Inc (NASDAQ:FTD) news were published by: Fool.com which released: “FTD Companies Inc. Lowers Sales Outlook Again” on November 08, 2016, also Dailyherald.com with their article: “FTD Companies names interim CEO” published on November 04, 2016, Globenewswire.com published: “FTD Companies, Inc. Announces Third Quarter 2016 Financial Results” on November 07, 2016. More interesting news about FTD Companies Inc (NASDAQ:FTD) were released by: Fool.com and their article: “FTD Companies Inc. Forecasts Flat Sales and Rising Profits for 2016” published on March 16, 2016 as well as Fool.com‘s news article titled: “Why FTD Companies Inc.’s Stock Jumped 13% in March” with publication date: April 07, 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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