Floor & Decor (NYSE:FND) Price Target Cut to $48.00 by Analysts at TD Cowen

Floor & Decor (NYSE:FND) had its price objective trimmed by TD Cowen from $60.00 to $48.00 in a report published on Friday morning,Benzinga reports. The firm currently has a hold rating on the stock.

A number of other brokerages have also weighed in on FND. The Goldman Sachs Group restated a “neutral” rating and set a $64.00 target price on shares of Floor & Decor in a research report on Friday, February 20th. Zelman & Associates dropped their target price on shares of Floor & Decor from $80.00 to $65.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Bank of America downgraded shares of Floor & Decor from a “buy” rating to an “underperform” rating and set a $45.00 price target on the stock. in a research note on Friday, April 17th. Robert W. Baird set a $63.00 price target on shares of Floor & Decor in a research note on Friday. Finally, Barclays decreased their price target on shares of Floor & Decor from $77.00 to $63.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. Five analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $60.74.

Floor & Decor Price Performance

Shares of NYSE:FND traded up $2.14 during midday trading on Friday, reaching $50.54. 6,977,355 shares of the company were exchanged, compared to its average volume of 2,702,652. The company has a current ratio of 1.33, a quick ratio of 0.34 and a debt-to-equity ratio of 0.08. The business’s fifty day moving average is $55.44 and its two-hundred day moving average is $62.49. Floor & Decor has a one year low of $46.47 and a one year high of $92.40. The stock has a market cap of $5.45 billion, a PE ratio of 26.32, a price-to-earnings-growth ratio of 2.89 and a beta of 1.82.

Floor & Decor (NYSE:FND) last issued its earnings results on Thursday, April 30th. The company reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). Floor & Decor had a return on equity of 8.47% and a net margin of 4.27%.The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the prior year, the company posted $0.46 EPS. Floor & Decor’s revenue was down .7% compared to the same quarter last year. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. As a group, analysts predict that Floor & Decor will post 2.09 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in FND. Northwestern Mutual Wealth Management Co. boosted its position in shares of Floor & Decor by 1,060,525.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,881,888 shares of the company’s stock valued at $236,368,000 after acquiring an additional 3,881,522 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of Floor & Decor by 46.0% during the 3rd quarter. Principal Financial Group Inc. now owns 6,398,431 shares of the company’s stock valued at $471,567,000 after acquiring an additional 2,015,999 shares during the last quarter. Capital World Investors boosted its position in shares of Floor & Decor by 37.2% during the 3rd quarter. Capital World Investors now owns 6,914,316 shares of the company’s stock valued at $509,589,000 after acquiring an additional 1,872,892 shares during the last quarter. Champlain Investment Partners LLC acquired a new position in shares of Floor & Decor during the 4th quarter valued at about $108,060,000. Finally, Durable Capital Partners LP acquired a new position in shares of Floor & Decor during the 2nd quarter valued at about $106,221,000.

Trending Headlines about Floor & Decor

Here are the key news stories impacting Floor & Decor this week:

• Positive Sentiment: Telsey Advisory remains constructive: although it cut its target, Telsey still rates FND “outperform” with a $61 target (meaning material upside from current levels), signaling at least one shop sees recovery potential. Telsey report
• Positive Sentiment: Company describes execution in a challenging demand environment — management framed results as execution against a tough big‑ticket discretionary backdrop, which may reassure investors focused on long‑term rollout/operational execution. Press release
• Neutral Sentiment: Citigroup trimmed its target to $52 and kept a “neutral” stance — modestly different from the market but not a strong sell signal. Citigroup note
• Neutral Sentiment: Full Q1 earnings call transcript and analyst writeups are available for diligence — useful for investors who want management commentary on comps, margin drivers and cadence through FY26. Earnings call transcript
• Negative Sentiment: Q1 missed estimates and outlook trimmed: EPS $0.37 vs. $0.42 est., revenue $1.15B vs. $1.19B est.; comps down ~3.7% and Q1 EPS materially below prior year — the company set FY26 EPS guidance of $1.83–2.08 vs. consensus ~2.06 and revenue guidance at $4.8–5.0B (vs. $5.0B consensus). Those misses and lowered guidance are the primary drivers of near‑term downside. Press release / results
• Negative Sentiment: Multiple analyst cuts and more cautious stances (TD Cowen to $48/hold; Wells Fargo to $50/equal weight) increase near‑term selling pressure and lower the bar for negative revisions. TD Cowen / Benzinga Wells Fargo writeup
• Negative Sentiment: Bear case highlighted: Seeking Alpha warns of persistent comp and earnings pressure, argues FND’s premium multiple is at risk and models a possible downside toward ~$37/share if weak comps persist — a reminder of valuation risk if the consumer stays soft. No Turn Here

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.