Floor & Decor (NYSE:FND) CEO Bradley Paulsen Acquires 5,000 Shares

Floor & Decor Holdings, Inc. (NYSE:FND) CEO Bradley Paulsen acquired 5,000 shares of the business’s stock in a transaction on Monday, May 4th. The stock was acquired at an average cost of $50.25 per share, with a total value of $251,250.00. Following the acquisition, the chief executive officer directly owned 85,010 shares in the company, 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 document filed with the SEC, which is available at this link.

Floor & Decor Trading Down 4.6%

NYSE FND traded down $2.30 during trading on Monday, reaching $48.27. The company’s stock had a trading volume of 3,359,490 shares, compared to its average volume of 2,761,215. The firm has a market capitalization of $5.21 billion, a price-to-earnings ratio of 26.23, a price-to-earnings-growth ratio of 3.19 and a beta of 1.63. Floor & Decor Holdings, Inc. has a 12 month low of $46.47 and a 12 month high of $92.40. The firm has a 50 day moving average price of $55.44 and a 200 day moving average price of $62.39.

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). The business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.19 billion. Floor & Decor had a net margin of 4.27% and a return on equity of 8.38%. The business’s revenue for the quarter was down .7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.46 EPS. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. On average, equities analysts forecast that Floor & Decor Holdings, Inc. will post 1.98 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Wells Fargo & Company cut their price target on shares of Floor & Decor from $70.00 to $50.00 and set an “equal weight” rating for the company in a report on Friday. Piper Sandler reaffirmed an “overweight” rating and set a $70.00 price target (down from $78.00) on shares of Floor & Decor in a report on Friday. Zelman & Associates cut their price target on shares of Floor & Decor from $80.00 to $65.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Bank of America downgraded shares of Floor & Decor from a “buy” rating to an “underperform” rating and set a $45.00 price target for the company. in a report on Friday, April 17th. Finally, Morgan Stanley reaffirmed a “positive” rating and set a $56.00 price target on shares of Floor & Decor in a report on Friday. Five investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Floor & Decor has an average rating of “Hold” and an average target price of $60.74.

Institutional Trading of Floor & Decor

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Cibc World Market Inc. lifted its holdings in shares of Floor & Decor by 1.6% during the 4th quarter. Cibc World Market Inc. now owns 9,253 shares of the company’s stock worth $563,000 after acquiring an additional 146 shares during the period. AlphaQuest LLC lifted its stake in Floor & Decor by 27.2% in the 3rd quarter. AlphaQuest LLC now owns 805 shares of the company’s stock valued at $59,000 after purchasing an additional 172 shares during the last quarter. Fifth Third Bancorp lifted its stake in Floor & Decor by 19.0% in the 3rd quarter. Fifth Third Bancorp now owns 1,141 shares of the company’s stock valued at $84,000 after purchasing an additional 182 shares during the last quarter. Bank of Jackson Hole Trust lifted its stake in Floor & Decor by 37.7% in the 3rd quarter. Bank of Jackson Hole Trust now owns 679 shares of the company’s stock valued at $50,000 after purchasing an additional 186 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Floor & Decor by 50.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 552 shares of the company’s stock valued at $34,000 after purchasing an additional 186 shares during 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.