Floor & Decor Holdings, Inc. (NYSE:FND) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Floor & Decor Holdings, Inc. (NYSE:FND) have been assigned a consensus recommendation of “Hold” from the nineteen brokerages that are currently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $59.1667.

FND has been the topic of several research analyst reports. Zacks Research cut shares of Floor & Decor from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 6th. Evercore set a $51.00 price target on shares of Floor & Decor in a research note on Friday, May 1st. Stifel Nicolaus set a $75.00 price target on shares of Floor & Decor in a research note on Friday, May 1st. Barclays decreased their price target on shares of Floor & Decor from $77.00 to $63.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $64.00 price target on shares of Floor & Decor in a research note on Friday, February 20th.

Floor & Decor Price Performance

FND opened at $49.61 on Thursday. Floor & Decor has a one year low of $42.64 and a one year high of $92.40. The company’s 50 day simple moving average is $49.79 and its 200-day simple moving average is $59.62. The stock has a market capitalization of $5.35 billion, a P/E ratio of 26.96, a price-to-earnings-growth ratio of 4.35 and a beta of 1.62.

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

Insider Activity at Floor & Decor

In related news, EVP Ersan Sayman sold 15,200 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $48.28, for a total value of $733,856.00. Following the transaction, the executive vice president directly owned 71,676 shares in the company, valued at $3,460,517.28. This represents a 17.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Bryan Langley acquired 2,500 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was acquired at an average price of $48.69 per share, for a total transaction of $121,725.00. Following the completion of the acquisition, the chief financial officer directly 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. The SEC filing for this purchase provides additional information. 1.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Floor & Decor

Large investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. lifted its holdings in Floor & Decor by 20.2% in the third quarter. Envestnet Asset Management Inc. now owns 337,870 shares of the company’s stock valued at $24,901,000 after buying an additional 56,870 shares during the period. NZS Capital LLC raised its holdings in Floor & Decor by 50.6% in the third quarter. NZS Capital LLC now owns 267,750 shares of the company’s stock worth $19,733,000 after purchasing an additional 89,997 shares during the period. TD Asset Management Inc raised its holdings in Floor & Decor by 134.7% in the third quarter. TD Asset Management Inc now owns 35,162 shares of the company’s stock worth $2,591,000 after purchasing an additional 20,182 shares during the period. Verde Servicos Internacionais S.A. acquired a new stake in Floor & Decor in the third quarter worth $1,916,000. Finally, Madison Asset Management LLC raised its holdings in Floor & Decor by 1.0% in the third quarter. Madison Asset Management LLC now owns 1,644,673 shares of the company’s stock worth $121,212,000 after purchasing an additional 16,853 shares during the period.

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.