Floor & Decor (NYSE:FND) Upgraded to “Hold” at Wall Street Zen

Wall Street Zen upgraded shares of Floor & Decor (NYSE:FND) from a sell rating to a hold rating in a report published on Saturday.

A number of other research analysts also recently issued reports on FND. Robert W. Baird set a $67.00 price objective on shares of Floor & Decor in a research report on Friday. Mizuho cut their target price on shares of Floor & Decor from $72.00 to $58.00 and set a “neutral” rating on the stock in a research note on Friday, May 8th. UBS Group lifted their target price on shares of Floor & Decor from $55.00 to $60.00 and gave the company a “neutral” rating in a research note on Friday. Citigroup reiterated a “neutral” rating on shares of Floor & Decor in a research report on Thursday, July 16th. Finally, Truist Financial increased their price target on shares of Floor & Decor from $65.00 to $70.00 and gave the stock a “buy” rating in a research note on Friday. Five equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $59.42.

Floor & Decor Stock Performance

NYSE FND opened at $57.95 on Friday. Floor & Decor has a fifty-two week low of $42.64 and a fifty-two week high of $92.40. The stock has a market cap of $6.25 billion, a P/E ratio of 26.96, a price-to-earnings-growth ratio of 4.80 and a beta of 1.58. The stock has a 50 day simple moving average of $53.89 and a two-hundred day simple moving average of $57.30.

Floor & Decor (NYSE:FND) last announced its earnings results on Thursday, July 30th. The company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. Floor & Decor had a return on equity of 8.27% and a net margin of 4.93%.The company had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the prior year, the company earned $0.58 earnings per share. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. Sell-side analysts predict that Floor & Decor will post 1.97 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Bryan Langley acquired 2,500 shares of the stock in a transaction on Monday, May 4th. The stock was acquired at an average price of $48.69 per share, with a total value of $121,725.00. Following the completion of the transaction, the chief financial officer owned 42,016 shares of the company’s stock, valued at $2,045,759.04. This represents a 6.33% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Bradley Paulsen bought 5,000 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were acquired at an average price of $50.25 per share, for a total transaction of $251,250.00. Following the acquisition, the chief executive officer owned 85,010 shares in the company, valued at approximately $4,271,752.50. This represents a 6.25% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Floor & Decor

Hedge funds have recently bought and sold shares of the business. Handelsbanken Fonder AB grew its holdings in Floor & Decor by 16.1% in the second quarter. Handelsbanken Fonder AB now owns 40,300 shares of the company’s stock worth $2,392,000 after purchasing an additional 5,600 shares during the period. Confluence Investment Management LLC purchased a new position in shares of Floor & Decor during the second quarter valued at approximately $7,795,000. PVG Asset Management Corp lifted its holdings in shares of Floor & Decor by 57.0% during the first quarter. PVG Asset Management Corp now owns 5,572 shares of the company’s stock valued at $296,000 after purchasing an additional 2,024 shares during the last quarter. Militia Capital Management LLC bought a new stake in shares of Floor & Decor in the 1st quarter worth approximately $1,367,000. Finally, Carlson Capital L.P. boosted its position in shares of Floor & Decor by 199.0% in the 1st quarter. Carlson Capital L.P. now owns 36,478 shares of the company’s stock worth $1,853,000 after purchasing an additional 24,278 shares in the last quarter.

Key Headlines Impacting Floor & Decor

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

• Positive Sentiment: Q2 results exceeded expectations: Revenue rose 3.0% year over year to $1.25 billion, ahead of the approximately $1.23 billion consensus, while adjusted EPS of $0.58 topped estimates of $0.56-$0.57. Floor & Decor second-quarter fiscal 2026 results
• Positive Sentiment: Full-year outlook improved: Floor & Decor raised FY2026 diluted EPS guidance to $2.20-$2.45 from $1.83-$2.08, above the roughly $1.91 analyst consensus. The company also expects revenue of approximately $4.8-$5.0 billion. Floor & Decor earnings and revenue beat estimates
• Positive Sentiment: Sales trends improved during the quarter: Comparable-store sales declined 5.1% in April but were nearly flat by June, suggesting demand stabilized as the quarter progressed. The company also repurchased $65.7 million of stock.
• Positive Sentiment: Analysts raised targets: Truist lifted its price target from $65 to $70 and maintained a “buy” rating, while Morgan Stanley raised its target from $56 to $64 but retained an “equal weight” rating. Benzinga analyst price-target updates
• Neutral Sentiment: Mixed insider and institutional activity: The CEO and CFO recently purchased shares, while an executive sold shares. Institutional positioning was also mixed, with 236 investors adding shares and 211 reducing positions in the latest quarter.
• Negative Sentiment: Comparable sales remained under pressure: Despite the late-quarter improvement, the company continues to face weakness in discretionary home-improvement demand, with full-year comparable-store sales expectations ranging from flat to down 4%.

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.