Floor & Decor Holdings, Inc. (NYSE:FND) Given Consensus Recommendation of “Hold” by Analysts

Floor & Decor Holdings, Inc. (NYSE:FND) has been given a consensus recommendation of “Hold” by the twenty research firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and six have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $78.2353.

A number of analysts have recently weighed in on the company. Stifel Nicolaus dropped their price objective on Floor & Decor from $92.00 to $90.00 and set a “buy” rating for the company in a research note on Tuesday, December 16th. Piper Sandler reissued an “overweight” rating and set a $80.00 price target on shares of Floor & Decor in a research report on Friday, February 20th. Evercore cut their price target on shares of Floor & Decor from $75.00 to $65.00 and set an “in-line” rating on the stock in a report on Tuesday, November 11th. Morgan Stanley lowered their price objective on shares of Floor & Decor from $90.00 to $88.00 and set an “equal weight” rating for the company in a research note on Thursday, January 15th. Finally, UBS Group dropped their target price on shares of Floor & Decor from $74.00 to $70.00 and set a “neutral” rating for the company in a report on Friday, February 20th.

Hedge Funds Weigh In On Floor & Decor

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Advisory Services Network LLC bought a new stake in Floor & Decor in the third quarter valued at $26,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Floor & Decor by 207.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock worth $27,000 after purchasing an additional 247 shares during the period. Clearstead Advisors LLC boosted its stake in shares of Floor & Decor by 215.7% during the 4th quarter. Clearstead Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after purchasing an additional 384 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of Floor & Decor during the 4th quarter valued at about $34,000. Finally, eCIO Inc. purchased a new position in shares of Floor & Decor during the fourth quarter valued at about $41,000.

Floor & Decor Stock Down 1.6%

Shares of NYSE:FND opened at $69.04 on Tuesday. The stock has a market capitalization of $7.45 billion, a P/E ratio of 35.96, a price-to-earnings-growth ratio of 2.35 and a beta of 1.74. The stock’s 50-day moving average price is $68.67 and its 200-day moving average price is $70.80. 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 has a 12-month low of $55.11 and a 12-month high of $98.24.

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

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.