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

Floor & Decor Holdings, Inc. (NYSE:FND) has received an average recommendation of “Hold” from the nineteen brokerages that are covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $59.1667.

Several brokerages have weighed in on FND. Citigroup lowered their price target on shares of Floor & Decor from $60.00 to $52.00 and set a “neutral” rating on the stock in a report on Friday, May 1st. Weiss Ratings reissued a “hold (c-)” rating on shares of Floor & Decor in a report on Monday, April 27th. Robert W. Baird set a $63.00 price target on shares of Floor & Decor in a research note on Friday, May 1st. Zacks Research cut shares of Floor & Decor from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 6th. Finally, Telsey Advisory Group cut their price target 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.

Floor & Decor Trading Down 2.2%

FND opened at $47.68 on Friday. The company has a market cap of $5.14 billion, a price-to-earnings ratio of 25.91, a PEG ratio of 4.20 and a beta of 1.63. The company’s 50 day moving average is $53.13 and its 200 day moving average is $61.47. Floor & Decor has a 12-month low of $46.47 and a 12-month high of $92.40.

Floor & Decor (NYSE:FND) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.37 earnings per share (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 business had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same period 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 predict that Floor & Decor will post 1.92 EPS for the current fiscal year.

Insider Transactions at Floor & Decor

In related news, CFO Bryan Langley purchased 2,500 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were purchased at an average cost of $48.69 per share, for a total transaction of $121,725.00. Following the completion of the acquisition, the chief financial officer owned 42,016 shares in the company, valued at approximately $2,045,759.04. This trade represents a 6.33% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Bradley Paulsen purchased 5,000 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was bought at an average price of $50.25 per share, for a total transaction of $251,250.00. Following the completion of the acquisition, the chief executive officer 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. Company insiders own 1.80% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Capital World Investors grew its holdings in Floor & Decor by 8.1% during the 4th quarter. Capital World Investors now owns 7,472,044 shares of the company’s stock worth $454,975,000 after acquiring an additional 557,728 shares in the last quarter. Principal Financial Group Inc. grew its holdings in Floor & Decor by 6.5% during the 1st quarter. Principal Financial Group Inc. now owns 6,837,639 shares of the company’s stock worth $347,354,000 after acquiring an additional 416,572 shares in the last quarter. Morgan Stanley grew its holdings in Floor & Decor by 10.4% during the 4th quarter. Morgan Stanley now owns 5,120,116 shares of the company’s stock worth $311,764,000 after acquiring an additional 484,243 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Floor & Decor by 1,060,525.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,881,888 shares of the company’s stock worth $236,368,000 after acquiring an additional 3,881,522 shares in the last quarter. Finally, State Street Corp grew its holdings in Floor & Decor by 1.1% during the 2nd quarter. State Street Corp now owns 3,811,571 shares of the company’s stock worth $289,527,000 after acquiring an additional 42,636 shares in the last quarter.

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.