Floor & Decor (NYSE:FND) Sets New 1-Year Low – Here’s Why

Floor & Decor Holdings, Inc. (NYSE:FND) shares hit a new 52-week low during trading on Thursday . The company traded as low as $49.07 and last traded at $49.1870, with a volume of 3476810 shares trading hands. The stock had previously closed at $50.80.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Piper Sandler reaffirmed an “overweight” rating and issued a $80.00 price objective on shares of Floor & Decor in a report on Friday, February 20th. Morgan Stanley lowered their target price on shares of Floor & Decor from $90.00 to $88.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 15th. Barclays boosted their price target on shares of Floor & Decor from $70.00 to $77.00 and gave the stock an “equal weight” rating in a research report on Friday, February 20th. TD Cowen decreased their price objective on shares of Floor & Decor from $75.00 to $60.00 and set a “hold” rating for the company in a report on Monday. Finally, UBS Group lowered their price objective on shares of Floor & Decor from $74.00 to $70.00 and set a “neutral” rating on the stock in a research note on Friday, February 20th. Six research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $77.35.

Floor & Decor Price Performance

The company has a 50 day moving average of $63.28 and a two-hundred day moving average of $66.32. The firm has a market cap of $5.31 billion, a P/E ratio of 25.62, a PEG ratio of 1.73 and a beta of 1.72. The company has a quick ratio of 0.34, a current ratio of 1.33 and a debt-to-equity ratio of 0.08.

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. Floor & Decor had a net margin of 4.45% and a return on equity of 8.99%. The firm had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.13 billion. During the same period in the previous year, the business earned $0.44 earnings per share. Floor & Decor’s revenue for the quarter was up 2.0% compared to the same quarter last year. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. Sell-side analysts expect that Floor & Decor Holdings, Inc. will post 2 EPS for the current year.

Institutional Trading of Floor & Decor

A number of large investors have recently added to or reduced their stakes in FND. Advisory Services Network LLC acquired a new position in Floor & Decor in the third quarter worth approximately $26,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Floor & Decor by 207.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock valued at $27,000 after acquiring an additional 247 shares during the last quarter. Clearstead Advisors LLC boosted its stake in shares of Floor & Decor by 215.7% during the 4th quarter. Clearstead Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after acquiring an additional 384 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of Floor & Decor during the 4th quarter worth $34,000. Finally, eCIO Inc. acquired a new position in shares of Floor & Decor in the 4th quarter worth $41,000.

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.