Floor & Decor (NYSE:FND) Hits New 52-Week Low – Time to Sell?

Floor & Decor Holdings, Inc. (NYSE:FND)’s stock price reached a new 52-week low during mid-day trading on Friday . The company traded as low as $49.87 and last traded at $50.1260, with a volume of 1680417 shares trading hands. The stock had previously closed at $52.61.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Telsey Advisory Group reissued an “outperform” rating and issued a $80.00 price objective on shares of Floor & Decor in a research report on Friday, February 20th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $64.00 target price on shares of Floor & Decor in a research note on Friday, February 20th. Stifel Nicolaus cut their price target on Floor & Decor from $92.00 to $90.00 and set a “buy” rating for the company in a report on Tuesday, December 16th. TD Cowen decreased their price objective on Floor & Decor from $80.00 to $75.00 and set a “hold” rating on the stock in a report on Friday, February 20th. Finally, JPMorgan Chase & Co. lowered their price objective on Floor & Decor from $85.00 to $78.00 and set a “neutral” rating for the company in a research report on Friday, February 20th. Six analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Floor & Decor presently has an average rating of “Hold” and a consensus target price of $78.24.

Floor & Decor Stock Performance

The company’s fifty day moving average price is $65.28 and its two-hundred day moving average price is $67.52. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.34 and a current ratio of 1.33. The firm has a market capitalization of $5.41 billion, a PE ratio of 26.12, a price-to-earnings-growth ratio of 1.79 and a beta of 1.72.

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

Institutional Investors Weigh In On Floor & Decor

A number of institutional investors have recently added to or reduced their stakes in FND. Advisory Services Network LLC purchased a new position in shares of Floor & Decor in the 3rd quarter worth about $26,000. Northwestern Mutual Wealth Management Co. increased its position in Floor & Decor by 207.6% during 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 in the last quarter. Los Angeles Capital Management LLC acquired a new stake in Floor & Decor during the 4th quarter worth approximately $34,000. Clearstead Advisors LLC raised its holdings in 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 during the period. Finally, State of Wyoming purchased a new position in Floor & Decor in the second quarter valued at approximately $46,000.

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.