Media headlines about Floor & Decor (NYSE:FND) have trended somewhat positive on Wednesday, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Floor & Decor earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.9563537889322 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Simple Moving Averages to Consider – Floor & Decor Holdings, Inc. (NYSE: FND) – The Investor Guide (wallstreetnews24.com)
- No. 1-Ranked IPO Stock Builds Base, Expects Big Q1 Earnings Growth (finance.yahoo.com)
- Critical Comparison: Floor & Decor (FND) & The Competition (americanbankingnews.com)
- Floor & Decor Holdings Inc (FND) Receives Consensus Rating of “Hold” from Analysts (americanbankingnews.com)
- Is The Stock A Good Investment? – Floor & Decor Holdings, Inc. (NYSE: FND) – The Investor Guide (wallstreetnews24.com)
FND stock opened at $49.70 on Wednesday. The company has a market capitalization of $4,460.27 and a P/E ratio of 49.21. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.40 and a quick ratio of 0.21. Floor & Decor has a one year low of $29.37 and a one year high of $51.48.
Floor & Decor (NYSE:FND) last released its earnings results on Thursday, March 1st. The company reported $0.19 EPS for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.01. The company had revenue of $389.50 million during the quarter, compared to analysts’ expectations of $388.63 million. Floor & Decor had a return on equity of 21.26% and a net margin of 7.42%. The company’s revenue was up 40.0% on a year-over-year basis. analysts expect that Floor & Decor will post 0.99 earnings per share for the current year.
A number of brokerages have recently weighed in on FND. BMO Capital Markets reiterated a “market perform” rating on shares of Floor & Decor in a research report on Monday, March 5th. Wells Fargo reiterated a “hold” rating and issued a $47.00 price objective on shares of Floor & Decor in a research report on Thursday, March 1st. Zacks Investment Research lowered Floor & Decor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 6th. Gordon Haskett began coverage on Floor & Decor in a research report on Thursday, February 15th. They issued an “accumulate” rating and a $50.00 price objective on the stock. Finally, Wedbush reiterated an “outperform” rating and issued a $50.00 price objective on shares of Floor & Decor in a research report on Thursday, March 1st. Nine investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $45.59.
In other news, CFO Trevor Lang sold 44,322 shares of the firm’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $50.00, for a total value of $2,216,100.00. Following the completion of the transaction, the chief financial officer now owns 182,991 shares in the company, valued at approximately $9,149,550. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Brian K. Robbins sold 107,667 shares of the firm’s stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of $45.20, for a total value of $4,866,548.40. Following the completion of the transaction, the executive vice president now owns 56,968 shares of the company’s stock, valued at approximately $2,574,953.60. The disclosure for this sale can be found here. In the last 90 days, insiders sold 525,978 shares of company stock valued at $24,364,403.
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About Floor & Decor
Floor & Decor Holdings, Inc, formerly FDO Holdings, Inc, is a retailer of hard surface flooring and related accessories. The Company retails its products such as tile, stone, wood, marble, glass and decoratives. The Company has 72 stores across 17 states in the United States. The Company provides its products to customers, including professional installers and commercial businesses (Pro), Do it Yourself customers (DIY) and customers who buy the products for professional installation (Buy it Yourself or BIY).
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