Floor & Decor Sees Unusually High Options Volume (NYSE:FND)

Floor & Decor Holdings, Inc. (NYSE:FND) was the recipient of some unusual options trading on Friday. Investors acquired 16,864 put options on the stock. This is an increase of 1,341% compared to the typical volume of 1,170 put options.

Floor & Decor News Summary

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

• Positive Sentiment: Floor & Decor reported third-quarter adjusted earnings of $0.61 per share, exceeding the $0.57 consensus estimate and rising from $0.53 a year earlier. Management highlighted 15% EPS growth and resilience in the business, including continued strength in pro sales. Third-Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Truist lowered its price target to $65 from $70 but maintained a “buy” rating, implying substantial upside from recent trading levels. Truist Price Target Update
• Neutral Sentiment: The company announced a board succession and refreshment plan: Thomas Taylor will become board chair on January 1, 2027, while Lauren Taylor Wolfe will join as an independent director. Board Leadership Transition
• Negative Sentiment: Revenue of approximately $1.21 billion was slightly below the $1.22 billion consensus estimate, while comparable-store sales declined 1.4%. The sales softness likely outweighed the EPS beat for investors. Floor & Decor Earnings Results
• Negative Sentiment: Analyst sentiment deteriorated after the report. UBS reduced its target to $54 from $60 while keeping a neutral rating, and Telsey Advisory Group downgraded the stock to “market perform” and cut its target to $50 from $68. Zacks Research also moved its rating from “hold” to “strong sell.” UBS Price Target Update
• Negative Sentiment: Options activity reflected heightened bearish positioning, with traders purchasing roughly 16,864 put contracts—about 1,341% above typical volume. Why Floor & Decor Moved

Insiders Place Their Bets

In other Floor & Decor news, insider Thomas V. Taylor sold 218,189 shares of the company’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 transaction of $13,593,174.70. Following the sale, the insider owned 229,820 shares in the company, valued at $14,317,786. This represents a 48.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 1.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Floor & Decor

Institutional investors and hedge funds have recently modified their holdings of the stock. Summit Securities Group LLC acquired a new stake in shares of Floor & Decor during the first quarter worth $31,000. Versant Capital Management Inc boosted its position in shares of Floor & Decor by 3,263.2% in the 3rd quarter. Versant Capital Management Inc now owns 639 shares of the company’s stock valued at $29,000 after purchasing an additional 620 shares during the period. TD Waterhouse Canada Inc. acquired a new position in shares of Floor & Decor in the 3rd quarter valued at $43,000. Leonteq Securities AG increased its stake in Floor & Decor by 320.7% in the 1st quarter. Leonteq Securities AG now owns 1,077 shares of the company’s stock worth $55,000 after purchasing an additional 821 shares in the last quarter. Finally, Trust Co. of Vermont purchased a new position in Floor & Decor in the 2nd quarter worth about $68,000.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Weiss Ratings lowered Floor & Decor from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, October 9th. Piper Sandler upped their price target on Floor & Decor from $70.00 to $72.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Citigroup reduced their price objective on Floor & Decor from $59.00 to $49.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 13th. Truist Financial decreased their price objective on shares of Floor & Decor from $70.00 to $65.00 and set a “buy” rating for the company in a report on Friday. Finally, Stifel Nicolaus lowered shares of Floor & Decor from a “buy” rating to a “hold” rating and lowered their target price for the company from $75.00 to $52.00 in a research note on Monday. Four analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $55.70.

Floor & Decor Price Performance

Shares of Floor & Decor stock traded down $2.48 during trading on Friday, hitting $47.86. The stock had a trading volume of 5,621,079 shares, compared to its average volume of 2,747,815. The business has a fifty day moving average of $47.94 and a two-hundred day moving average of $55.03. The firm has a market cap of $5.10 billion, a P/E ratio of 22.26, a PEG ratio of 3.90 and a beta of 1.60. Floor & Decor has a fifty-two week low of $42.64 and a fifty-two week high of $77.46. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.33 and a quick ratio of 0.45.

Floor & Decor (NYSE:FND) last issued its quarterly earnings results on Thursday, October 29th. The company reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.04. Floor & Decor had a net margin of 4.93% and a return on equity of 8.20%. The company had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the company earned $0.53 EPS. Floor & Decor’s revenue was up 3.0% on a year-over-year basis. On average, sell-side analysts expect that Floor & Decor will post 1.96 earnings per share for the current fiscal year.

About Floor & Decor

Floor & Decor Holdings, Inc is a specialty retailer focused on hard-surface flooring and related products. The company offers a broad selection of tile, natural stone, wood, laminate and vinyl flooring, along with installation materials, tools, accessories and home-decor items.

Floor & Decor serves homeowners, professional installers, designers, remodelers and commercial customers through warehouse-format stores, smaller design studios and its e-commerce platform. Its stores are designed to provide a wide product assortment for renovation and construction projects, while also offering services such as design support and product fulfillment.

Founded in 2000 and headquartered in Atlanta, Georgia, Floor & Decor operates primarily in the United States.