Floor & Decor Holdings, Inc. (NYSE:FND) Given Average Rating of “Hold” by Brokerages

Floor & Decor Holdings, Inc. (NYSE:FND) has been assigned an average recommendation of “Hold” from the twenty brokerages that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and six have issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $78.2353.

A number of research firms have recently commented on FND. Stifel Nicolaus reduced their price target on shares of Floor & Decor from $92.00 to $90.00 and set a “buy” rating for the company in a research report on Tuesday, December 16th. Evercore lowered their price objective on Floor & Decor from $75.00 to $65.00 and set an “in-line” rating on the stock in a report on Tuesday, November 11th. Barclays boosted their price objective on Floor & Decor from $70.00 to $77.00 and gave the stock an “equal weight” rating in a research note on Friday. Morgan Stanley decreased their target price on Floor & Decor from $90.00 to $88.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 15th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $80.00 price target on shares of Floor & Decor in a research note on Friday.

Institutional Investors Weigh In On Floor & Decor

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Capital World Investors raised its position in shares of Floor & Decor by 8.1% in the fourth quarter. Capital World Investors now owns 7,472,044 shares of the company’s stock valued at $454,975,000 after buying an additional 557,728 shares during the last quarter. Principal Financial Group Inc. boosted its position in Floor & Decor by 0.4% during the fourth quarter. Principal Financial Group Inc. now owns 6,421,067 shares of the company’s stock worth $390,981,000 after acquiring an additional 22,636 shares during the last quarter. Morgan Stanley grew its stake in Floor & Decor by 10.4% during the 4th quarter. Morgan Stanley now owns 5,120,116 shares of the company’s stock valued at $311,764,000 after acquiring an additional 484,243 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in 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 in the last quarter. Finally, State Street Corp raised its holdings in Floor & Decor by 1.1% in the 2nd quarter. State Street Corp now owns 3,811,571 shares of the company’s stock valued at $289,527,000 after acquiring an additional 42,636 shares during the last quarter.

Floor & Decor Trading Down 0.9%

Shares of NYSE:FND opened at $68.39 on Tuesday. The business’s 50 day moving average price is $68.03 and its 200-day moving average price is $71.05. Floor & Decor has a 1 year low of $55.11 and a 1 year high of $103.87. The firm has a market capitalization of $7.37 billion, a price-to-earnings ratio of 35.62, a price-to-earnings-growth ratio of 2.74 and a beta of 1.74. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.33 and a quick ratio of 0.34.

Floor & Decor (NYSE:FND) last issued its quarterly earnings results on Thursday, February 19th. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.35 by $0.01. The company had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.13 billion. Floor & Decor had a net margin of 4.45% and a return on equity of 8.99%. The firm’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.44 EPS. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. On average, equities research analysts forecast that Floor & Decor will post 2 earnings per share 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.