Brokerages Set Floor & Decor Holdings, Inc. (NYSE:FND) Target Price at $59.17

Shares of Floor & Decor Holdings, Inc. (NYSE:FNDGet Free Report) have been given an average rating of “Hold” by the nineteen analysts that are covering the stock, Marketbeat reports. Four analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $59.1667.

A number of equities analysts have recently commented on FND shares. TD Cowen reduced their target price on shares of Floor & Decor from $60.00 to $48.00 and set a “hold” rating on the stock in a research report on Friday, May 1st. JPMorgan Chase & Co. cut their price target on Floor & Decor from $78.00 to $48.00 and set a “neutral” rating on the stock in a research note on Friday, April 24th. Zacks Research lowered shares of Floor & Decor from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 6th. Telsey Advisory Group cut their price objective on shares of Floor & Decor from $80.00 to $61.00 and set an “outperform” rating on the stock in a report on Friday, May 1st. Finally, Robert W. Baird set a $63.00 target price on Floor & Decor in a research note on Friday, May 1st.

Check Out Our Latest Report on Floor & Decor

Insiders Place Their Bets

In other news, CFO Bryan Langley purchased 2,500 shares of the business’s stock in a transaction on Monday, May 4th. The shares were acquired at an average cost of $48.69 per share, with a total value 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. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Bradley Paulsen purchased 5,000 shares of the business’s stock in a transaction on Monday, May 4th. The stock was purchased at an average cost of $50.25 per share, for a total transaction of $251,250.00. Following the completion of the acquisition, the chief executive officer directly owned 85,010 shares of the company’s stock, valued at approximately $4,271,752.50. The trade was a 6.25% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Floor & Decor

A number of large investors have recently bought and sold shares of the company. Cibc World Market Inc. boosted its position in Floor & Decor by 1.6% in the fourth quarter. Cibc World Market Inc. now owns 9,253 shares of the company’s stock valued at $563,000 after buying an additional 146 shares during the last quarter. AlphaQuest LLC boosted its holdings in Floor & Decor by 27.2% in the third quarter. AlphaQuest LLC now owns 805 shares of the company’s stock valued at $59,000 after purchasing an additional 172 shares during the last quarter. Fifth Third Bancorp grew its stake in shares of Floor & Decor by 19.0% during the 3rd quarter. Fifth Third Bancorp now owns 1,141 shares of the company’s stock worth $84,000 after purchasing an additional 182 shares during the period. Bank of Jackson Hole Trust grew its stake in shares of Floor & Decor by 37.7% during the 3rd quarter. Bank of Jackson Hole Trust now owns 679 shares of the company’s stock worth $50,000 after purchasing an additional 186 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in Floor & Decor by 50.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 552 shares of the company’s stock valued at $34,000 after buying an additional 186 shares during the period.

Floor & Decor Price Performance

Floor & Decor stock opened at $43.52 on Friday. Floor & Decor has a 1-year low of $43.33 and a 1-year high of $92.40. The firm has a market capitalization of $4.69 billion, a P/E ratio of 23.65, a price-to-earnings-growth ratio of 3.74 and a beta of 1.63. The company’s 50-day moving average is $51.88 and its 200 day moving average is $60.98.

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

About Floor & Decor

(Get Free Report)

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.

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Analyst Recommendations for Floor & Decor (NYSE:FND)

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