Floor & Decor (NYSE:FND) Shares Down 6.3% – What’s Next?

Floor & Decor Holdings, Inc. (NYSE:FND) fell 6.3% on Monday . The company traded as low as $55.82 and last traded at $56.31. 1,258,886 shares were traded during trading, a decline of 51% from the average session volume of 2,546,785 shares. The stock had previously closed at $60.11.

Wall Street Analysts Forecast Growth

FND has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lowered their price objective on shares of Floor & Decor from $85.00 to $78.00 and set a “neutral” rating for the company in a research report on Friday, February 20th. Morgan Stanley reduced their target price on Floor & Decor from $90.00 to $88.00 and set an “equal weight” rating on the stock in a report on Thursday, January 15th. TD Cowen lowered their price target on Floor & Decor from $80.00 to $75.00 and set a “hold” rating for the company in a report on Friday, February 20th. Wall Street Zen lowered Floor & Decor from a “hold” rating to a “sell” rating in a research report on Sunday, November 9th. Finally, Mizuho cut their price objective on Floor & Decor from $76.00 to $72.00 and set a “neutral” rating on the stock in a report on Friday, February 20th. Six equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Floor & Decor has an average rating of “Hold” and a consensus price target of $78.24.

Floor & Decor Stock Down 3.3%

The firm has a market capitalization of $6.27 billion, a P/E ratio of 30.31, a PEG ratio of 2.04 and a beta of 1.72. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.34 and a current ratio of 1.33. The firm’s 50-day moving average is $68.76 and its 200 day moving average is $70.03.

Floor & Decor (NYSE:FND) last released its earnings results on Thursday, February 19th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. Floor & Decor had a return on equity of 8.99% and a net margin of 4.45%.The firm had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter in the prior year, the company earned $0.44 EPS. The company’s revenue was up 2.0% on a year-over-year basis. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. As a group, equities research analysts predict that Floor & Decor Holdings, Inc. will post 2 EPS for the current fiscal year.

Institutional Investors Weigh In On Floor & Decor

Several institutional investors have recently bought and sold shares of FND. Cibc World Market Inc. grew its stake in shares of Floor & Decor by 1.6% during the 4th quarter. Cibc World Market Inc. now owns 9,253 shares of the company’s stock worth $563,000 after acquiring an additional 146 shares in the last quarter. MainStreet Investment Advisors LLC lifted its position in shares of Floor & Decor by 4.7% in the second quarter. MainStreet Investment Advisors LLC now owns 3,567 shares of the company’s stock worth $271,000 after purchasing an additional 160 shares in the last quarter. AlphaQuest LLC boosted its holdings in Floor & Decor by 27.2% during the third quarter. AlphaQuest LLC now owns 805 shares of the company’s stock worth $59,000 after purchasing an additional 172 shares during the last quarter. Fifth Third Bancorp boosted its holdings in Floor & Decor by 19.0% during the third quarter. Fifth Third Bancorp now owns 1,141 shares of the company’s stock worth $84,000 after purchasing an additional 182 shares during the last quarter. Finally, Bank of Jackson Hole Trust grew its position in Floor & Decor by 37.7% in the third quarter. Bank of Jackson Hole Trust now owns 679 shares of the company’s stock valued at $50,000 after purchasing an additional 186 shares in the last quarter.

Floor & Decor Company Profile

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.