Floor & Decor Holdings, Inc. $FND Holdings Decreased by Capital Research Global Investors

Capital Research Global Investors lowered its stake in Floor & Decor Holdings, Inc. (NYSE:FND) by 38.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 850,023 shares of the company’s stock after selling 525,170 shares during the quarter. Capital Research Global Investors’ holdings in Floor & Decor were worth $62,647,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State of Wyoming acquired a new position in Floor & Decor during the 2nd quarter valued at about $46,000. Steph & Co. bought a new position in shares of Floor & Decor in the third quarter valued at approximately $48,000. Mather Group LLC. bought a new position in shares of Floor & Decor in the third quarter valued at approximately $49,000. Bank of Jackson Hole Trust increased its stake in shares of Floor & Decor by 37.7% during the third quarter. Bank of Jackson Hole Trust now owns 679 shares of the company’s stock valued at $50,000 after acquiring an additional 186 shares during the period. Finally, AlphaQuest LLC raised its holdings in Floor & Decor by 27.2% during the third quarter. AlphaQuest LLC now owns 805 shares of the company’s stock worth $59,000 after purchasing an additional 172 shares in the last quarter.

Floor & Decor Price Performance

FND stock opened at $58.08 on Thursday. The company has a current ratio of 1.33, a quick ratio of 0.34 and a debt-to-equity ratio of 0.08. Floor & Decor Holdings, Inc. has a one year low of $55.11 and a one year high of $93.93. The firm has a market capitalization of $6.27 billion, a PE ratio of 30.25, a P/E/G ratio of 2.03 and a beta of 1.72. The firm has a 50-day moving average of $68.63 and a two-hundred day moving average of $69.60.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. The Goldman Sachs Group restated a “neutral” rating and issued a $64.00 target price on shares of Floor & Decor in a research report on Friday, February 20th. JPMorgan Chase & Co. lowered their price target on Floor & Decor from $85.00 to $78.00 and set a “neutral” rating on the stock in a research report on Friday, February 20th. Barclays boosted their price objective on Floor & Decor from $70.00 to $77.00 and gave the stock an “equal weight” rating in a research note on Friday, February 20th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Floor & Decor in a research note on Wednesday, January 28th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $80.00 target price on shares of Floor & Decor in a report on Friday, February 20th. Six analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $78.24.

Floor & Decor Profile

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.