Frontdoor, Inc. is a provider of home warranties and new home structural warranties in the United States. Its customizable home warranties help customers protect and maintain their homes, typically their assets, from costly and unplanned breakdowns of essential home systems and appliances. It operates primarily under the American Home Shield and 2-10 HBW brands. Its annual service plan agreement covers the repair or replacement of components of up to 29 home systems and appliances, including electrical, plumbing, HVAC systems, water heaters, refrigerators, dishwashers and ranges/ovens/cooktops, as well as optional coverage for electronics, pools, spas and pumps. Its operations also include its Streem, a technology platform that uses augmented reality, computer vision and machine learning to provide services. It has approximately 2.1 million active home warranties across all brands in the United States, including its American Home Shield, HSA, OneGuard, Landmark and 2-10 HBW brands.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 17.58% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 2.09B.
Overvalued
The company’s latest PE is 20.11, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 75.91M shares, decreasing 7.91% quarter-over-quarter.
Held by John Hussman
Star Investor John Hussman holds 26.95K shares of this stock.