Floor & Decor (NYSE:FND – Get Free Report) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.
Other analysts have also recently issued reports about the company. Telsey Advisory Group boosted their price objective on Floor & Decor from $61.00 to $68.00 and gave the company an “outperform” rating in a research report on Friday. Bank of America lowered Floor & Decor from a “buy” rating to an “underperform” rating and set a $45.00 target price on the stock. in a research report on Friday, April 17th. Robert W. Baird set a $67.00 price target on shares of Floor & Decor in a report on Friday. Evercore set a $60.00 price target on shares of Floor & Decor in a report on Tuesday, July 7th. Finally, Zacks Research upgraded shares of Floor & Decor from a “strong sell” rating to a “hold” rating in a research report on Friday, July 3rd. Five research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $59.42.
Read Our Latest Analysis on FND
Floor & Decor Price Performance
Floor & Decor (NYSE:FND – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.02. The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.23 billion. Floor & Decor had a return on equity of 8.20% and a net margin of 4.93%.Floor & Decor’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.58 EPS. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. As a group, equities analysts expect that Floor & Decor will post 1.97 EPS for the current fiscal year.
Institutional Investors Weigh In On Floor & Decor
A number of hedge funds have recently modified their holdings of the business. Cibc World Market Inc. boosted its position in Floor & Decor by 1.6% during the fourth quarter. Cibc World Market Inc. now owns 9,253 shares of the company’s stock worth $563,000 after acquiring an additional 146 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Floor & Decor by 50.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 552 shares of the company’s stock valued at $34,000 after acquiring an additional 186 shares during the last quarter. Capital Analysts LLC raised its holdings in Floor & Decor by 32.2% in the 4th quarter. Capital Analysts LLC now owns 767 shares of the company’s stock valued at $47,000 after acquiring an additional 187 shares during the last quarter. Global Retirement Partners LLC lifted its stake in Floor & Decor by 35.5% in the 4th quarter. Global Retirement Partners LLC now owns 722 shares of the company’s stock worth $44,000 after purchasing an additional 189 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co lifted its stake in Floor & Decor by 0.3% in the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 78,410 shares of the company’s stock worth $5,895,000 after purchasing an additional 221 shares in the last quarter.
Floor & Decor News Roundup
Here are the key news stories impacting Floor & Decor this week:
- Positive Sentiment: Q2 results exceeded expectations: Revenue rose 3.0% year over year to $1.25 billion, ahead of the approximately $1.23 billion consensus, while adjusted EPS of $0.58 topped estimates of $0.56-$0.57. Floor & Decor second-quarter fiscal 2026 results
- Positive Sentiment: Full-year outlook improved: Floor & Decor raised FY2026 diluted EPS guidance to $2.20-$2.45 from $1.83-$2.08, above the roughly $1.91 analyst consensus. The company also expects revenue of approximately $4.8-$5.0 billion. Floor & Decor earnings and revenue beat estimates
- Positive Sentiment: Sales trends improved during the quarter: Comparable-store sales declined 5.1% in April but were nearly flat by June, suggesting demand stabilized as the quarter progressed. The company also repurchased $65.7 million of stock.
- Positive Sentiment: Analysts raised targets: Truist lifted its price target from $65 to $70 and maintained a “buy” rating, while Morgan Stanley raised its target from $56 to $64 but retained an “equal weight” rating. Benzinga analyst price-target updates
- Neutral Sentiment: Mixed insider and institutional activity: The CEO and CFO recently purchased shares, while an executive sold shares. Institutional positioning was also mixed, with 236 investors adding shares and 211 reducing positions in the latest quarter.
- Negative Sentiment: Comparable sales remained under pressure: Despite the late-quarter improvement, the company continues to face weakness in discretionary home-improvement demand, with full-year comparable-store sales expectations ranging from flat to down 4%.
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.
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