Floor & Decor (NYSE:FND) updated its fourth quarter earnings guidance on Monday. The company provided earnings per share (EPS) guidance of $0.17-0.18 for the period, compared to the Thomson Reuters consensus estimate of $0.16. The company issued revenue guidance of $387-389 million, compared to the consensus revenue estimate of $370.30 million.

Several research firms have weighed in on FND. Wells Fargo & Co set a $45.00 price objective on shares of Floor & Decor and gave the stock a hold rating in a research report on Monday. Telsey Advisory Group lifted their price objective on shares of Floor & Decor from $47.00 to $54.00 and gave the stock an outperform rating in a research report on Monday. BMO Capital Markets began coverage on shares of Floor & Decor in a research report on Thursday, September 14th. They set a market perform rating and a $41.00 price objective on the stock. Zacks Investment Research upgraded shares of Floor & Decor from a hold rating to a buy rating and set a $45.00 price objective on the stock in a research report on Tuesday, September 12th. Finally, Stifel Nicolaus began coverage on shares of Floor & Decor in a research report on Wednesday, December 13th. They set a buy rating and a $51.00 price objective on the stock. Seven research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock has an average rating of Buy and an average price target of $44.06.

Shares of Floor & Decor (NYSE FND) opened at $46.39 on Tuesday. The stock has a market cap of $4,410.00 and a price-to-earnings ratio of 63.55. Floor & Decor has a 52 week low of $29.37 and a 52 week high of $49.86. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.18 and a current ratio of 1.33.

Floor & Decor (NYSE:FND) last issued its earnings results on Thursday, November 2nd. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. The company had revenue of $343.90 million during the quarter, compared to analyst estimates of $338.62 million. Floor & Decor had a net margin of 5.62% and a return on equity of 26.39%. The company’s revenue for the quarter was up 26.8% on a year-over-year basis. During the same quarter last year, the business posted $0.12 EPS. equities research analysts expect that Floor & Decor will post 0.66 earnings per share for the current fiscal year.

In related news, CEO Thomas V. Taylor sold 155,392 shares of Floor & Decor stock in a transaction on Wednesday, December 27th. The shares were sold at an average price of $45.71, for a total value of $7,102,968.32. Following the completion of the sale, the chief executive officer now owns 24,726 shares of the company’s stock, valued at approximately $1,130,225.46. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director George Vincent West sold 50,000 shares of Floor & Decor stock in a transaction on Friday, October 20th. The shares were sold at an average price of $37.90, for a total transaction of $1,895,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 5,647,246 shares of company stock valued at $201,948,218 in the last three months.

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Floor & Decor Company Profile

Floor & Decor Holdings, Inc, formerly FDO Holdings, Inc, is a retailer of hard surface flooring and related accessories. The Company retails its products such as tile, stone, wood, marble, glass and decoratives. The Company has 72 stores across 17 states in the United States. The Company provides its products to customers, including professional installers and commercial businesses (Pro), Do it Yourself customers (DIY) and customers who buy the products for professional installation (Buy it Yourself or BIY).

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