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

Shares of Floor & Decor Holdings, Inc. (NYSE:FND) have received an average rating of “Hold” from the nineteen ratings firms that are presently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $59.1667.

Several analysts have recently commented on FND shares. Piper Sandler restated an “overweight” rating on shares of Floor & Decor in a research note on Tuesday, May 26th. Guggenheim reduced their target price on shares of Floor & Decor from $90.00 to $65.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Zacks Research cut shares of Floor & Decor from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 6th. Citigroup cut their price target on shares of Floor & Decor from $60.00 to $52.00 and set a “neutral” rating for the company in a report on Friday, May 1st. Finally, Morgan Stanley reiterated a “positive” rating and issued a $56.00 price target on shares of Floor & Decor in a report on Friday, May 1st.

Insider Activity

In related news, CEO Bradley Paulsen purchased 5,000 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was acquired at an average price of $50.25 per share, for a total transaction of $251,250.00. Following the acquisition, the chief executive officer directly owned 85,010 shares of the company’s stock, valued at $4,271,752.50. This trade represents a 6.25% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Bryan Langley purchased 2,500 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was bought at an average price of $48.69 per share, with a total value of $121,725.00. Following the acquisition, the chief financial officer directly owned 42,016 shares in the company, valued at approximately $2,045,759.04. This represents a 6.33% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Floor & Decor

A number of large investors have recently made changes to their positions in the stock. Capital World Investors increased its holdings in shares of Floor & Decor by 8.1% in the 4th quarter. Capital World Investors now owns 7,472,044 shares of the company’s stock valued at $454,975,000 after purchasing an additional 557,728 shares in the last quarter. Principal Financial Group Inc. increased its holdings in Floor & Decor by 6.5% during the 1st quarter. Principal Financial Group Inc. now owns 6,837,639 shares of the company’s stock valued at $347,354,000 after acquiring an additional 416,572 shares in the last quarter. Morgan Stanley increased its holdings 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. increased its holdings 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 increased its holdings in Floor & Decor by 1.1% during 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 in the last quarter.

Floor & Decor Stock Performance

FND stock opened at $59.56 on Monday. Floor & Decor has a one year low of $42.64 and a one year high of $92.40. The stock has a market capitalization of $6.43 billion, a PE ratio of 32.37, a price-to-earnings-growth ratio of 5.13 and a beta of 1.62. The company has a fifty day moving average of $50.33 and a 200-day moving average of $58.45.

Floor & Decor (NYSE:FND) last released its 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 return on equity of 8.38% and a net margin of 4.27%.The firm had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the business posted $0.46 EPS. The firm’s revenue was down .7% on a year-over-year basis. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. Equities analysts forecast that Floor & Decor will post 1.92 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.