Floor & Decor (NYSE:FND – Free Report) had its target price lowered by JPMorgan Chase & Co. from $59.00 to $57.00 in a report released on Friday,Benzinga reports. The firm currently has a neutral rating on the stock.
A number of other research analysts have also weighed in on FND. Jefferies Financial Group decreased their price objective on Floor & Decor from $59.00 to $47.00 and set a “hold” rating on the stock in a report on Tuesday, October 20th. Wolfe Research reissued an “underperform” rating and set a $41.00 target price on shares of Floor & Decor in a research note on Tuesday, July 21st. Zacks Research lowered Floor & Decor from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 27th. Bank of America reiterated an “underperform” rating on shares of Floor & Decor in a research report on Friday. Finally, UBS Group downgraded Floor & Decor from a “neutral” rating to a “market perform” rating and set a $54.00 price objective for the company. in a research report on Friday. Four analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $55.70.
Check Out Our Latest Analysis on FND
Floor & Decor Trading Up 0.6%
Shares of NYSE:FND opened at $47.86 on Friday. The company’s 50-day moving average price is $47.80 and its two-hundred day moving average price is $54.90. The stock has a market capitalization of $5.10 billion, a PE ratio of 21.46, a price-to-earnings-growth ratio of 3.97 and a beta of 1.60. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.32 and a quick ratio of 0.44. Floor & Decor has a one year low of $42.64 and a one year high of $77.46.
Floor & Decor (NYSE:FND – Get Free Report) last released its earnings results on Thursday, October 29th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.04. The company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.22 billion. Floor & Decor had a return on equity of 8.40% and a net margin of 5.05%. Floor & Decor’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.53 earnings per share. On average, equities analysts forecast that Floor & Decor will post 1.93 EPS for the current fiscal year.
Insider Activity at Floor & Decor
In other news, insider Thomas V. Taylor sold 218,189 shares of Floor & Decor stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $62.30, for a total transaction of $13,593,174.70. Following the completion of the sale, the insider directly owned 229,820 shares in the company, valued at approximately $14,317,786. This trade represents a 48.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.80% of the company’s stock.
Institutional Investors Weigh In On Floor & Decor
Several hedge funds have recently made changes to their positions in the stock. Versant Capital Management Inc lifted its stake in Floor & Decor by 3,263.2% in the third quarter. Versant Capital Management Inc now owns 639 shares of the company’s stock valued at $29,000 after buying an additional 620 shares in the last quarter. Summit Securities Group LLC bought a new stake in shares of Floor & Decor in the first quarter valued at $31,000. TD Waterhouse Canada Inc. purchased a new position in shares of Floor & Decor during the third quarter worth about $43,000. Leonteq Securities AG increased its stake in shares of Floor & Decor by 320.7% in the first quarter. Leonteq Securities AG now owns 1,077 shares of the company’s stock worth $55,000 after buying an additional 821 shares during the period. Finally, GK Wealth Management LLC purchased a new stake in shares of Floor & Decor in the 3rd quarter worth approximately $57,000.
Key Headlines Impacting Floor & Decor
Here are the key news stories impacting Floor & Decor this week:
- Positive Sentiment: Floor & Decor reported third-quarter adjusted earnings of $0.61 per share, exceeding the $0.57 consensus estimate and rising from $0.53 a year earlier. Management highlighted 15% EPS growth and resilience in the business, including continued strength in pro sales. Third-Quarter Fiscal 2026 Financial Results
- Positive Sentiment: Truist lowered its price target to $65 from $70 but maintained a “buy” rating, implying substantial upside from recent trading levels. Truist Price Target Update
- Neutral Sentiment: The company announced a board succession and refreshment plan: Thomas Taylor will become board chair on January 1, 2027, while Lauren Taylor Wolfe will join as an independent director. Board Leadership Transition
- Negative Sentiment: Revenue of approximately $1.21 billion was slightly below the $1.22 billion consensus estimate, while comparable-store sales declined 1.4%. The sales softness likely outweighed the EPS beat for investors. Floor & Decor Earnings Results
- Negative Sentiment: Analyst sentiment deteriorated after the report. UBS reduced its target to $54 from $60 while keeping a neutral rating, and Telsey Advisory Group downgraded the stock to “market perform” and cut its target to $50 from $68. Zacks Research also moved its rating from “hold” to “strong sell.” UBS Price Target Update
- Negative Sentiment: Options activity reflected heightened bearish positioning, with traders purchasing roughly 16,864 put contracts—about 1,341% above typical volume. Why Floor & Decor Moved
Floor & Decor Company Profile
Floor & Decor Holdings, Inc is a specialty retailer focused on hard-surface flooring and related products. The company offers a broad selection of tile, natural stone, wood, laminate and vinyl flooring, along with installation materials, tools, accessories and home-decor items.
Floor & Decor serves homeowners, professional installers, designers, remodelers and commercial customers through warehouse-format stores, smaller design studios and its e-commerce platform. Its stores are designed to provide a wide product assortment for renovation and construction projects, while also offering services such as design support and product fulfillment.
Founded in 2000 and headquartered in Atlanta, Georgia, Floor & Decor operates primarily in the United States.
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