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

Shares of Floor & Decor Holdings, Inc. (NYSE:FND) have earned a consensus rating of “Hold” from the nineteen research firms that are currently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $57.7222.

A number of equities analysts have recently issued reports on the company. Robert W. Baird set a $63.00 price target on Floor & Decor in a research report on Friday, May 1st. Stifel Nicolaus set a $75.00 price objective on Floor & Decor in a report on Friday, May 1st. Morgan Stanley restated a “positive” rating and issued a $56.00 price objective on shares of Floor & Decor in a report on Friday, May 1st. Wells Fargo & Company lowered their price objective on shares of Floor & Decor from $70.00 to $50.00 and set an “equal weight” rating for the company in a research note on Friday, May 1st. Finally, Evercore set a $60.00 target price on shares of Floor & Decor in a report on Tuesday, July 7th.

Insider Transactions at Floor & Decor

In related news, EVP Ersan Sayman sold 15,200 shares of Floor & Decor stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $48.28, for a total transaction of $733,856.00. Following the transaction, the executive vice president directly owned 71,676 shares of the company’s stock, valued at $3,460,517.28. This trade represents a 17.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Bryan Langley acquired 2,500 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were acquired at an average cost of $48.69 per share, for a total transaction of $121,725.00. Following the completion of the acquisition, the chief financial officer owned 42,016 shares of the company’s stock, valued at $2,045,759.04. This trade represents a 6.33% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 1.80% of the company’s stock.

Institutional Trading of Floor & Decor

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

Floor & Decor Stock Performance

Shares of NYSE FND opened at $53.05 on Friday. Floor & Decor has a 52-week low of $42.64 and a 52-week high of $92.40. The firm has a market capitalization of $5.72 billion, a price-to-earnings ratio of 28.83, a PEG ratio of 4.66 and a beta of 1.58. The stock has a 50 day moving average price of $52.71 and a 200 day moving average price of $57.70.

Floor & Decor (NYSE:FND) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.05). The firm had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Floor & Decor had a return on equity of 8.38% and a net margin of 4.27%.The company’s revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.46 earnings per share. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. Analysts forecast that Floor & Decor will post 1.92 earnings per share for the current 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.