Floor & Decor Holdings, Inc. (NYSE:FND) Receives $59.42 Average PT from Analysts

Shares of Floor & Decor Holdings, Inc. (NYSE:FND) have received an average rating of “Hold” from the twenty ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and five have given a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $59.4211.

A number of research firms have recently weighed in on FND. Wolfe Research restated an “underperform” rating and set a $41.00 price target on shares of Floor & Decor in a report on Tuesday, July 21st. Evercore set a $60.00 price objective on shares of Floor & Decor in a report on Tuesday, July 7th. Piper Sandler increased their target price on shares of Floor & Decor from $70.00 to $72.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Wall Street Zen upgraded Floor & Decor from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Telsey Advisory Group boosted their price target on Floor & Decor from $61.00 to $68.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st.

Floor & Decor Price Performance

Shares of FND opened at $54.91 on Tuesday. The firm has a market cap of $5.85 billion, a PE ratio of 25.54, a PEG ratio of 4.40 and a beta of 1.57. The firm’s 50 day moving average price is $56.53 and its 200 day moving average price is $55.60. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.45 and a current ratio of 1.33. Floor & Decor has a twelve month low of $42.64 and a twelve month high of $92.40.

Floor & Decor (NYSE:FND) last posted its earnings results on Thursday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. The firm had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Floor & Decor had a net margin of 4.93% and a return on equity of 8.20%. The company’s revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.58 earnings per share. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. As a group, research analysts expect that Floor & Decor will post 1.99 EPS for the current fiscal year.

Insider Buying and Selling at Floor & Decor

In related news, insider Thomas V. Taylor sold 218,189 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $62.30, for a total value of $13,593,174.70. Following the transaction, the insider directly owned 229,820 shares of the company’s stock, valued at approximately $14,317,786. This trade represents a 48.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Floor & Decor

A number of large investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC bought a new position in shares of Floor & Decor in the third quarter valued at approximately $26,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Floor & Decor by 207.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock worth $27,000 after buying an additional 247 shares during the period. Summit Securities Group LLC bought a new stake in shares of Floor & Decor during the 1st quarter worth $31,000. Clearstead Advisors LLC boosted its holdings in shares of Floor & Decor by 215.7% during the 4th quarter. Clearstead Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after buying an additional 384 shares during the period. Finally, Los Angeles Capital Management LLC acquired a new position in Floor & Decor in the 4th quarter valued at $34,000.

About Floor & Decor

Founded in 2000 and headquartered in Atlanta, Floor & Decor Holdings Inc is a specialty retailer focused on hard surface flooring and related accessories in the United States. The company serves both professional installers and do-it-yourself customers through a growing network of warehouse-format stores and a comprehensive e-commerce platform.

Floor & Decor’s product offering spans ceramic and porcelain tile, engineered and solid hardwood, laminate, luxury vinyl plank and tile, natural stone and a full suite of installation materials such as grout, mortars and underlayment.