Floor & Decor Holdings, Inc. (NYSE:FND) Receives $59.42 Consensus Target Price from Brokerages

Floor & Decor Holdings, Inc. (NYSE:FND) has received an average rating of “Hold” from the twenty brokerages that are presently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $59.4211.

Several equities research analysts have commented on the stock. Evercore set a $60.00 price objective on shares of Floor & Decor in a report on Tuesday, July 7th. Piper Sandler boosted their price objective on Floor & Decor from $70.00 to $72.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Telsey Advisory Group raised their target price on Floor & Decor from $61.00 to $68.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Truist Financial lifted their target price on Floor & Decor from $65.00 to $70.00 and gave the company a “buy” rating in a report on Friday, July 31st. Finally, Zacks Research raised shares of Floor & Decor from a “strong sell” rating to a “hold” rating in a report on Friday, July 3rd.

Insider Buying and Selling

In other Floor & Decor news, insider Thomas V. Taylor sold 218,189 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $62.30, for a total value of $13,593,174.70. Following the transaction, the insider directly owned 229,820 shares in the company, valued at $14,317,786. This represents a 48.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Sequoia Financial Advisors LLC raised its position in shares of Floor & Decor by 47.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 27,717 shares of the company’s stock valued at $1,645,000 after buying an additional 8,892 shares in the last quarter. WINTON GROUP Ltd purchased a new position in Floor & Decor in the second quarter worth $5,623,000. Integrated Wealth Concepts LLC bought a new position in Floor & Decor in the second quarter valued at $229,000. Allworth Financial LP raised its position in Floor & Decor by 542.5% during the second quarter. Allworth Financial LP now owns 2,011 shares of the company’s stock valued at $119,000 after purchasing an additional 1,698 shares in the last quarter. Finally, Arizona State Retirement System lifted its stake in Floor & Decor by 0.8% during the second quarter. Arizona State Retirement System now owns 29,826 shares of the company’s stock worth $1,770,000 after purchasing an additional 224 shares during the last quarter.

Floor & Decor Stock Down 0.3%

Floor & Decor stock opened at $47.26 on Friday. Floor & Decor has a 1-year low of $42.64 and a 1-year high of $86.99. The firm has a market capitalization of $5.03 billion, a price-to-earnings ratio of 21.98, a price-to-earnings-growth ratio of 3.84 and a beta of 1.55. The firm’s fifty day moving average price is $54.04 and its two-hundred day moving average price is $53.06. The company has a current ratio of 1.33, a quick ratio of 0.45 and a debt-to-equity ratio of 0.08.

Floor & Decor (NYSE:FND) last released its earnings results on Thursday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.02. Floor & Decor had a return on equity of 8.20% and a net margin of 4.93%.The company had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same period in the prior year, the company posted $0.58 earnings per share. Floor & Decor’s quarterly revenue was up 3.0% on a year-over-year basis. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. On average, equities research analysts predict that Floor & Decor will post 1.99 earnings per share for the current fiscal year.

Floor & Decor Company Profile

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

Floor & Decor serves do-it-yourself customers, professional flooring contractors, homebuilders, designers and commercial customers. Its stores generally operate in a warehouse-format model designed to offer a wide product assortment, and the company also sells through its e-commerce platform and provides design and project-support services.

Founded in 2000 and headquartered in Atlanta, Georgia, Floor & Decor has expanded its store network across the United States.