Floor & Decor Holdings, Inc. (NYSE:FND) Stock Has Consensus Target Price of $59.16

Shares of Floor & Decor Holdings, Inc. (NYSE:FND) have earned an average recommendation of “Hold” from the twenty analysts that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $59.16.

Several analysts have recently commented on FND shares. Robert W. Baird set a $67.00 target price on shares of Floor & Decor in a research note on Friday, July 31st. Weiss Ratings downgraded shares of Floor & Decor from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday. Truist Financial boosted their price target on shares of Floor & Decor from $65.00 to $70.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Citigroup reissued a “neutral” rating on shares of Floor & Decor in a report on Thursday, July 16th. Finally, Telsey Advisory Group increased their price target on shares of Floor & Decor from $61.00 to $68.00 and gave the stock an “outperform” rating in a report on Friday, July 31st.

Insider Activity at Floor & Decor

In other 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 completion of the sale, the insider directly owned 229,820 shares of the company’s stock, valued at $14,317,786. This trade represents a 48.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Worldly Partners Management LLC boosted its position in shares of Floor & Decor by 3.2% during the 2nd quarter. Worldly Partners Management LLC now owns 1,371,180 shares of the company’s stock worth $81,393,000 after purchasing an additional 42,000 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Floor & Decor in the 2nd quarter valued at about $1,822,000. Atom Investors LP increased its holdings in shares of Floor & Decor by 252.0% in the 4th quarter. Atom Investors LP now owns 88,938 shares of the company’s stock valued at $5,415,000 after purchasing an additional 63,675 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Floor & Decor by 6.5% in the 1st quarter. Principal Financial Group Inc. now owns 6,837,639 shares of the company’s stock valued at $347,354,000 after purchasing an additional 416,572 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Floor & Decor by 33.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,606,871 shares of the company’s stock valued at $132,424,000 after purchasing an additional 659,355 shares during the period.

Floor & Decor Price Performance

Floor & Decor stock opened at $45.51 on Wednesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.33 and a quick ratio of 0.45. The business has a 50 day simple moving average of $51.39 and a 200-day simple moving average of $51.78. Floor & Decor has a 12 month low of $42.64 and a 12 month high of $77.46. The stock has a market capitalization of $4.85 billion, a PE ratio of 21.17, a price-to-earnings-growth ratio of 3.69 and a beta of 1.60.

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

About Floor & Decor

Floor & Decor Holdings, Inc is a specialty retailer focused on hard-surface flooring and related products. The company sells tile, natural stone, wood, laminate and luxury vinyl flooring, along with installation materials, tools, accessories and decorative products for residential and commercial projects.

Floor & Decor operates warehouse-format stores and an e-commerce platform serving do-it-yourself customers, professional contractors, designers and commercial clients. Its stores generally offer a broad selection of in-stock flooring products, design services, installation supplies and related project resources.

Founded in 2000 and headquartered in Atlanta, Georgia, the company serves customers across the United States.