FTD Companies, Inc. (NASDAQ:FTD) has earned a consensus rating of “Hold” from the seven brokerages that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $19.00.

Several research analysts recently weighed in on FTD shares. DA Davidson started coverage on FTD Companies in a research note on Wednesday, June 14th. They set a “buy” rating and a $23.00 target price on the stock. ValuEngine downgraded FTD Companies from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. BidaskClub downgraded FTD Companies from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Finally, Zacks Investment Research downgraded FTD Companies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 15th.

Shares of FTD Companies (NASDAQ:FTD) traded down 1.05% on Friday, hitting $13.24. The stock had a trading volume of 78,052 shares. The company’s market cap is $364.68 million. FTD Companies has a 12 month low of $12.35 and a 12 month high of $26.19. The company’s 50 day moving average price is $15.57 and its 200-day moving average price is $18.94.

A number of hedge funds have recently made changes to their positions in FTD. PNC Financial Services Group Inc. grew its stake in FTD Companies by 1.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,456 shares of the company’s stock worth $109,000 after buying an additional 56 shares during the last quarter. BNP Paribas Arbitrage SA lifted its position in FTD Companies by 91.7% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 6,588 shares of the company’s stock worth $132,000 after acquiring an additional 3,152 shares during the period. Public Employees Retirement System of Ohio lifted its position in FTD Companies by 16.2% during the 1st quarter. Public Employees Retirement System of Ohio now owns 8,916 shares of the company’s stock worth $180,000 after acquiring an additional 1,244 shares during the period. Voya Investment Management LLC lifted its position in FTD Companies by 14.5% during the 2nd quarter. Voya Investment Management LLC now owns 11,591 shares of the company’s stock worth $232,000 after acquiring an additional 1,465 shares during the period. Finally, Trexquant Investment LP acquired a new stake in FTD Companies during the 1st quarter worth about $249,000. Hedge funds and other institutional investors own 58.83% of the company’s stock.

WARNING: “FTD Companies, Inc. (FTD) Given Consensus Rating of “Hold” by Brokerages” was posted by Daily Political and is the sole property of of Daily Political. If you are accessing this news story on another site, it was illegally stolen and reposted in violation of United States and international trademark and copyright law. The legal version of this news story can be viewed at https://www.dailypolitical.com/2017/09/09/ftd-companies-inc-ftd-given-consensus-rating-of-hold-by-brokerages.html.

About FTD Companies

FTD Companies, Inc (FTD) is a floral and gifting company. The Company operates through four segments: 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 provider of products and services to its floral network members, which include traditional retail florists and other non-florist retail locations, primarily in the United States and Canada.

Receive News & Ratings for FTD Companies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FTD Companies Inc. and related companies with MarketBeat.com's FREE daily email newsletter.