FTD Companies Inc Can Burn Your Long Portfolio. Option Traders Are Bearish

 FTD Companies Inc Can Burn Your Long Portfolio. Option Traders Are Bearish

In today’s session FTD Companies Inc (FTD) recorded an unusually high (148) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious FTD decrease. With 148 contracts traded and 974 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: FTD161118P00017500 closed last at: $0.9 or 5.9% up. About 48,394 shares traded hands. FTD Companies Inc (NASDAQ:FTD) has declined 20.47% since April 7, 2016 and is downtrending. It has underperformed by 25.25% the S&P500.

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 firm has “Hold” rating given on Thursday, July 14 by Craig Hallum. The firm has “Neutral” rating given on Monday, September 19 by Briley. B. Riley & Co upgraded FTD Companies Inc (NASDAQ:FTD) on Tuesday, November 10 to “Focus List” rating. The firm has “Neutral” rating by B. Riley & Co given on Friday, September 16. Sidoti upgraded it to “Buy” rating and $37 target price in Tuesday, September 29 report. As per Friday, August 5, the company rating was downgraded by Monness Crespi. The company was upgraded on Thursday, August 20 by TheStreet.

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 2016 Q2. Its down 0.59, from 1.38 in 2016Q1. The ratio is 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.
Kbc Group Nv holds 0% of its portfolio in FTD Companies Inc (NASDAQ:FTD) for 10,413 shares. Credit Suisse Ag has invested 0% of its portfolio in FTD Companies Inc (NASDAQ:FTD). Advisory Svcs Ltd accumulated 4,600 shares or 0.03% of the stock. Voya Ltd last reported 11,185 shares in the company. The New Jersey-based Nj State Employees Deferred Compensation Plan has invested 0.08% in FTD Companies Inc (NASDAQ:FTD). Ameriprise Finance accumulated 85,004 shares or 0% of the stock. Airain Limited holds 0.02% or 16,733 shares in its portfolio. Invesco reported 56,988 shares or 0% of all its holdings. Comerica National Bank has invested 0% of its portfolio in FTD Companies Inc (NASDAQ:FTD). Moreover, Pnc Financial Serv Group Inc has 0% invested in FTD Companies Inc (NASDAQ:FTD) for 5,482 shares. Creative Planning accumulated 20 shares or 0% of the stock. Moreover, Arizona State Retirement Systems has 0% invested in FTD Companies Inc (NASDAQ:FTD) for 9,161 shares. Tower Capital Lc (Trc) has 0% invested in the company for 1,067 shares. State Board Of Administration Of Florida Retirement Sys accumulated 14,267 shares or 0% of the stock. Legal And General Grp Incorporated Public Ltd has invested 0% of its portfolio in FTD Companies Inc (NASDAQ:FTD).

FTD Companies, Inc. is a floral and gifting company. The company has a market cap of $615.52 million. The Firm operates through four divisions: Consumer, Florist, International and Provide Commerce. It currently has negative earnings. Through its Consumer segment, FTD is a direct marketer of floral and gift products for consumers, primarily in the United States and Canada.

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.

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

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