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

Floor & Decor Holdings, Inc. (NYSE:FNDGet Free Report) has been assigned a consensus rating of “Hold” from the nineteen research firms that are currently covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $59.1667.

FND has been the topic of a number of analyst reports. Wells Fargo & Company reduced their price objective on Floor & Decor from $70.00 to $50.00 and set an “equal weight” rating on the stock in a research report on Friday, May 1st. Guggenheim reduced their price objective on Floor & Decor from $90.00 to $65.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Weiss Ratings downgraded Floor & Decor from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Citigroup reduced their price objective on Floor & Decor from $60.00 to $52.00 and set a “neutral” rating on the stock in a research report on Friday, May 1st. Finally, Evercore set a $51.00 price objective on Floor & Decor in a research report on Friday, May 1st.

Check Out Our Latest Stock Report on Floor & Decor

Insider Buying and Selling

In related news, CEO Bradley Paulsen acquired 5,000 shares of Floor & Decor stock in a transaction that occurred on Monday, May 4th. The shares were purchased at an average price of $50.25 per share, for a total transaction of $251,250.00. Following the completion of the transaction, the chief executive officer owned 85,010 shares in the company, valued at $4,271,752.50. This represents a 6.25% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Ersan Sayman sold 15,200 shares of Floor & Decor stock in a transaction 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 completion of the sale, the executive vice president owned 71,676 shares in the company, valued at $3,460,517.28. This represents a 17.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Floor & Decor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Carlson Capital L.P. raised its position in Floor & Decor by 199.0% in the first quarter. Carlson Capital L.P. now owns 36,478 shares of the company’s stock valued at $1,853,000 after purchasing an additional 24,278 shares during the period. Turtle Creek Asset Management Inc. raised its position in Floor & Decor by 41.7% in the first quarter. Turtle Creek Asset Management Inc. now owns 2,757,643 shares of the company’s stock valued at $140,088,000 after purchasing an additional 811,910 shares during the period. Bank of America Corp DE raised its position in Floor & Decor by 15.6% in the first quarter. Bank of America Corp DE now owns 1,501,698 shares of the company’s stock valued at $76,286,000 after purchasing an additional 202,977 shares during the period. Centaurus Financial Inc. raised its position in Floor & Decor by 1.9% in the first quarter. Centaurus Financial Inc. now owns 171,157 shares of the company’s stock valued at $8,695,000 after purchasing an additional 3,244 shares during the period. Finally, California State Teachers Retirement System raised its position in Floor & Decor by 23.3% in the first quarter. California State Teachers Retirement System now owns 124,226 shares of the company’s stock valued at $6,311,000 after purchasing an additional 23,469 shares during the period.

Floor & Decor Price Performance

Shares of NYSE:FND opened at $49.48 on Thursday. The business’s 50 day moving average price is $49.49 and its 200-day moving average price is $59.28. The firm has a market capitalization of $5.34 billion, a PE ratio of 26.89, a P/E/G ratio of 4.28 and a beta of 1.62. Floor & Decor has a 1 year low of $42.64 and a 1 year high of $92.40.

Floor & Decor (NYSE:FNDGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.37 EPS 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 company had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter in the previous year, the business posted $0.46 EPS. The business’s quarterly revenue 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 expect that Floor & Decor will post 1.92 earnings per share for the current year.

Floor & Decor Company Profile

(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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