Analysts expect Floor & Decor Holdings Inc (NYSE:FND) to post earnings per share of $0.22 for the current fiscal quarter, according to Zacks. Eight analysts have provided estimates for Floor & Decor’s earnings, with the highest EPS estimate coming in at $0.23 and the lowest estimate coming in at $0.20. Floor & Decor posted earnings of $0.17 per share during the same quarter last year, which would indicate a positive year over year growth rate of 29.4%. The firm is scheduled to announce its next earnings report before the market opens on Thursday, November 1st.

According to Zacks, analysts expect that Floor & Decor will report full-year earnings of $0.96 per share for the current financial year, with EPS estimates ranging from $0.94 to $0.97. For the next financial year, analysts expect that the business will report earnings of $1.21 per share, with EPS estimates ranging from $1.15 to $1.33. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that follow Floor & Decor.

Floor & Decor (NYSE:FND) last issued its quarterly earnings results on Thursday, August 2nd. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. Floor & Decor had a net margin of 9.10% and a return on equity of 19.93%. The company had revenue of $434.28 million during the quarter, compared to analysts’ expectations of $436.17 million. During the same period last year, the company posted $0.20 EPS. Floor & Decor’s revenue was up 26.2% on a year-over-year basis.

FND has been the subject of several recent analyst reports. Jefferies Financial Group raised shares of Floor & Decor from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a report on Tuesday, August 21st. Zacks Investment Research cut shares of Floor & Decor from a “buy” rating to a “hold” rating in a report on Friday, August 3rd. Wells Fargo & Co raised shares of Floor & Decor from a “market perform” rating to an “outperform” rating and decreased their target price for the stock from $42.00 to $40.00 in a report on Friday, August 10th. Wedbush reaffirmed an “outperform” rating on shares of Floor & Decor in a report on Friday, August 3rd. Finally, ValuEngine cut shares of Floor & Decor from a “hold” rating to a “sell” rating in a report on Wednesday, September 26th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $47.35.

Floor & Decor stock traded down $1.71 during trading hours on Wednesday, hitting $26.99. The stock had a trading volume of 2,675,378 shares, compared to its average volume of 1,084,905. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.21 and a current ratio of 1.50. The stock has a market capitalization of $2.93 billion, a PE ratio of 39.12, a price-to-earnings-growth ratio of 1.26 and a beta of -1.52. Floor & Decor has a 12-month low of $26.80 and a 12-month high of $58.28.

In other news, major shareholder Corporate Opportunities F. Ares sold 7,744,108 shares of Floor & Decor stock in a transaction that occurred on Friday, September 14th. The shares were sold at an average price of $37.00, for a total value of $286,531,996.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 8.20% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. Bank of Montreal Can grew its stake in shares of Floor & Decor by 58.5% in the third quarter. Bank of Montreal Can now owns 16,430 shares of the company’s stock worth $496,000 after acquiring an additional 6,063 shares during the period. Clinton Group Inc. bought a new stake in Floor & Decor during the third quarter valued at approximately $204,000. Cerebellum GP LLC bought a new stake in Floor & Decor during the third quarter valued at approximately $177,000. Fox Run Management L.L.C. bought a new stake in Floor & Decor during the third quarter valued at approximately $879,000. Finally, Riverbridge Partners LLC bought a new stake in Floor & Decor during the third quarter valued at approximately $28,751,000.

About Floor & Decor

Floor & Decor Holdings, Inc operates as a multi-channel specialty retailer of hard surface flooring and related accessories. The company's stores offer tile, wood, laminate, and natural stone flooring products, as well as decorative and installation accessories. It serves professional installers, commercial businesses, and do it yourself customers.

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Earnings History and Estimates for Floor & Decor (NYSE:FND)

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