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

Shares of Floor & Decor Holdings, Inc. (NYSE:FND) have earned an average rating of “Hold” from the twenty-one research firms that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, thirteen have issued a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $74.8947.

A number of research firms have commented on FND. Morgan Stanley reduced their target price on Floor & Decor from $90.00 to $88.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 15th. Bank of America downgraded Floor & Decor from a “buy” rating to an “underperform” rating and set a $45.00 price objective on the stock. in a report on Friday. UBS Group cut their price objective on Floor & Decor from $74.00 to $70.00 and set a “neutral” rating on the stock in a report on Friday, February 20th. Telsey Advisory Group reiterated an “outperform” rating and issued a $80.00 price objective on shares of Floor & Decor in a report on Friday, February 20th. Finally, JPMorgan Chase & Co. cut their price objective on Floor & Decor from $85.00 to $78.00 and set a “neutral” rating on the stock in a report on Friday, February 20th.

Floor & Decor Price Performance

NYSE:FND opened at $54.01 on Wednesday. Floor & Decor has a 52 week low of $46.47 and a 52 week high of $92.40. The company has a quick ratio of 0.34, a current ratio of 1.33 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $5.83 billion, a P/E ratio of 28.13 and a beta of 1.82. The stock’s fifty day moving average is $58.78 and its two-hundred day moving average is $63.65.

Floor & Decor (NYSE:FND) last posted its earnings results on Thursday, February 19th. The company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. Floor & Decor had a return on equity of 8.99% and a net margin of 4.45%.The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the previous year, the business earned $0.44 earnings per share. The company’s revenue for the quarter was up 2.0% on a year-over-year basis. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. Equities analysts expect that Floor & Decor will post 2 EPS for the current year.

Institutional Investors Weigh In On Floor & Decor

Several institutional investors and hedge funds have recently modified their holdings of FND. Advisory Services Network LLC purchased a new stake in shares of Floor & Decor in the 3rd quarter valued at $26,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Floor & Decor by 207.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock valued at $27,000 after buying an additional 247 shares during the period. Clearstead Advisors LLC raised its holdings in shares of Floor & Decor by 215.7% in the 4th quarter. Clearstead Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after buying an additional 384 shares during the period. Los Angeles Capital Management LLC purchased a new stake in shares of Floor & Decor in the 4th quarter valued at $34,000. Finally, eCIO Inc. purchased a new stake in shares of Floor & Decor in the 4th quarter valued at $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.