Floor & Decor Holdings, Inc. (NYSE:FND) Receives Average Recommendation of “Hold” from Analysts

Floor & Decor Holdings, Inc. (NYSE:FND) has been assigned a consensus recommendation of “Hold” from the nineteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $59.1667.

A number of analysts have recently issued reports on FND shares. Wells Fargo & Company lowered their price objective on shares of Floor & Decor from $70.00 to $50.00 and set an “equal weight” rating on the stock in a report on Friday, May 1st. UBS Group lowered their price objective on shares of Floor & Decor from $70.00 to $55.00 and set a “neutral” rating on the stock in a report on Friday, May 1st. Mizuho lowered their price objective on shares of Floor & Decor from $72.00 to $58.00 and set a “neutral” rating on the stock in a report on Friday, May 8th. JPMorgan Chase & Co. lowered their price objective on shares of Floor & Decor from $78.00 to $48.00 and set a “neutral” rating on the stock in a report on Friday, April 24th. Finally, Robert W. Baird set a $63.00 price objective on shares of Floor & Decor in a report on Friday, May 1st.

Insider Activity

In other Floor & Decor news, CEO Bradley Paulsen acquired 5,000 shares of the stock in a transaction dated Monday, May 4th. The shares were bought at an average cost of $50.25 per share, for a total transaction of $251,250.00. Following the completion of the acquisition, the chief executive officer directly owned 85,010 shares of the company’s stock, valued at approximately $4,271,752.50. This trade represents a 6.25% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Ersan Sayman sold 15,200 shares of Floor & Decor stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $48.28, for a total transaction of $733,856.00. Following the completion of the sale, the executive vice president owned 71,676 shares in the company, valued at $3,460,517.28. This trade represents a 17.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Floor & Decor

Hedge funds and other institutional investors have recently made changes to their positions in the company. Advisory Services Network LLC bought a new position in shares of Floor & Decor in the third quarter valued at $26,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Floor & Decor by 207.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock valued at $27,000 after buying an additional 247 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Floor & Decor in the fourth quarter valued at $34,000. Clearstead Advisors LLC grew its stake in shares of Floor & Decor by 215.7% in the fourth quarter. Clearstead Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after buying an additional 384 shares in the last quarter. Finally, State of Wyoming bought a new position in shares of Floor & Decor in the second quarter valued at $46,000.

Floor & Decor Stock Performance

Shares of FND stock opened at $45.94 on Thursday. The company has a market capitalization of $4.96 billion, a P/E ratio of 24.96, a price-to-earnings-growth ratio of 4.08 and a beta of 1.62. The company’s 50 day moving average price is $49.50 and its two-hundred day moving average price is $59.39. Floor & Decor has a 52 week low of $42.64 and a 52 week high of $92.40.

Floor & Decor (NYSE:FND) last announced its earnings results on Thursday, April 30th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.05). The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.19 billion. Floor & Decor had a return on equity of 8.38% and a net margin of 4.27%.The business’s quarterly revenue was down .7% on a year-over-year basis. During the same quarter last year, the business posted $0.46 earnings per share. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. Analysts forecast that Floor & Decor will post 1.92 earnings per share for the current year.

Floor & Decor Company 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.