Analysts Set Floor & Decor Holdings, Inc. (NYSE:FND) Price Target at $57.72

Shares of Floor & Decor Holdings, Inc. (NYSE:FND) have been assigned an average rating of “Hold” from the nineteen research firms that are presently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and five have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $57.7222.

Several analysts have recently issued reports on the company. Piper Sandler restated an “overweight” rating on shares of Floor & Decor in a research report on Tuesday, May 26th. UBS Group dropped their price objective on Floor & Decor from $70.00 to $55.00 and set a “neutral” rating for the company in a research report on Friday, May 1st. Wells Fargo & Company cut their target price on shares of Floor & Decor from $70.00 to $50.00 and set an “equal weight” rating for the company in a research note on Friday, May 1st. Zelman & Associates reduced their target price on shares of Floor & Decor from $80.00 to $65.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Finally, Barclays reduced their target price on shares of Floor & Decor from $77.00 to $63.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th.

Insider Activity

In other news, CEO Bradley Paulsen bought 5,000 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were purchased at an average price of $50.25 per share, for a total transaction of $251,250.00. Following the completion of the transaction, the chief executive officer owned 85,010 shares in the company, valued at $4,271,752.50. The trade was a 6.25% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Bryan Langley bought 2,500 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were purchased at an average price of $48.69 per share, for a total transaction of $121,725.00. Following the transaction, the chief financial officer owned 42,016 shares of the company’s stock, valued at $2,045,759.04. The trade was a 6.33% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.80% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of FND. Advisory Services Network LLC acquired a new stake in shares of Floor & Decor during the third quarter worth $26,000. Northwestern Mutual Wealth Management Co. increased its stake in Floor & Decor by 207.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock valued at $27,000 after purchasing an additional 247 shares during the last quarter. Summit Securities Group LLC acquired a new position in Floor & Decor in the first quarter valued at $31,000. Clearstead Advisors LLC increased its stake in Floor & Decor by 215.7% in the fourth quarter. Clearstead Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after purchasing an additional 384 shares during the last quarter. Finally, Los Angeles Capital Management LLC purchased a new position in Floor & Decor during the fourth quarter worth about $34,000.

Floor & Decor Price Performance

Shares of Floor & Decor stock opened at $53.78 on Friday. Floor & Decor has a 1 year low of $42.64 and a 1 year high of $92.40. The business has a 50 day moving average price of $52.92 and a 200 day moving average price of $57.63. The company has a market capitalization of $5.80 billion, a P/E ratio of 29.23, a P/E/G ratio of 4.59 and a beta of 1.58.

Floor & Decor (NYSE:FND) last announced its earnings results on Thursday, April 30th. The company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.19 billion. Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. Floor & Decor’s quarterly revenue was down .7% compared to the same quarter last year. During the same quarter last year, the company posted $0.46 EPS. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. As a group, research analysts expect that Floor & Decor will post 1.94 EPS for the current fiscal year.

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.