Frontdoor Intrinsic Value – Frontdoor Announces Promotions of Iverson to COO and Collins to CRO

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Frontdoor ($NASDAQ:FTDR) Inc. is thrilled to announce the promotions of Troy Iverson to Chief Operations Officer (COO) and Paul Collins to Chief Revenue Officer (CRO). These appointments come as part of a larger effort to grow the company and strengthen its ability to provide an exceptional customer experience. As COO, he will be taking on an even larger role in overseeing customer service, product development, and supply chain operations. As CRO he will be responsible for the company’s sales, marketing, and customer experience initiatives.

With the promotions of Troy Iverson and Paul Collins, Frontdoor is confident that it will continue to deliver on its mission of providing an exceptional customer experience. The company is excited to see what the future holds with these two leaders at the helm.

Earnings

These appointments come on the heels of a strong quarter for the company, which reported total revenue of $471.0M USD and net income of $76.0M USD for FY2023 Q3 as of September 30 2021. This represents a 2.7% decrease in total revenue and a 171.4% increase in net income compared to the previous year. In the last three years, FRONTDOOR‘s total revenue has grown from $471.0M USD to $524.0M USD.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Frontdoor. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Frontdoor. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Frontdoor. More…

Key Ratios Snapshot

Some of the financial key ratios for Frontdoor are shown below. More…

Market Price

On Monday, FRONTDOOR made a major announcement regarding promotions of two of its senior executives. The news has been welcomed by investors as the stock opened at $36.1 and closed at $36.2, up by 1.3% from its previous closing price of $35.8. It is clear that these promotions will have a positive impact on FRONTDOOR’s future growth and profitability. Frontdoor_Announces_Promotions_of_Iverson_to_COO_and_Collins_to_CRO”>Live Quote…

Analysis – Frontdoor Intrinsic Value

At GoodWhale, we have conducted an analysis of FRONTDOOR’s financials and have determined that the fair value of FRONTDOOR share is around $39.4. This value was calculated using our proprietary Valuation Line. Currently, FRONTDOOR stock is being traded at $36.2, making it a fair price that is undervalued by 8.2%. We believe that this could be a great opportunity for potential investors, as the stock appears to be undervalued. Frontdoor_Announces_Promotions_of_Iverson_to_COO_and_Collins_to_CRO”>More…

Peers

Its competitors are E-Home Household Service Holdings Ltd, Buck Hill Falls Co, and Carriage Services Inc.

– E-Home Household Service Holdings Ltd ($NASDAQ:EJH)

E-Home Household Service Holdings Ltd is a provider of home healthcare services in China. The company offers a range of services, including nursing care, rehabilitation therapy, and health management. It also provides home-based services, such as home visits, home health education, and health assessment. The company operates in two segments: Home Healthcare Services and Health Management. It has a network of service outlets in Beijing, Shanghai, Guangzhou, and Shenzhen.

– Buck Hill Falls Co ($OTCPK:BUHF)

Carriage Services Inc is a publicly traded company that provides funeral and cemetery services. The company has a market capitalization of $353.16 million as of 2022 and a return on equity of 43.04%. Carriage Services Inc operates through two segments: Funeral and Cemetery Services. The Funeral segment provides funeral services, cremation services, and merchandise sales. The Cemetery segment provides cemetery property sales, interment services, and other related services.

Summary

Frontdoor, Inc. is a leading provider of home services and repairs. Recently, they have promoted two of their executives: Iverson to Chief Operations Officer and Collins to Chief Revenue Officer. This is positive news for investors as it suggests Frontdoor is focusing on achieving operational and financial efficiency.

The new appointments are likely to help the company reach their growth objectives, while the strategic planning of the two executives promises to bring improved performance. Investors should watch Frontdoor closely for any further updates or developments that speak to their potential to generate returns.