Floor & Decor (NYSE:FND – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.980-2.180 for the period, compared to the consensus estimate of 2.130. The company issued revenue guidance of $4.9 billion-$5.0 billion, compared to the consensus revenue estimate of $5.0 billion.
Analysts Set New Price Targets
Several research analysts have recently issued reports on the stock. The Goldman Sachs Group upgraded shares of Floor & Decor from a “sell” rating to a “neutral” rating and dropped their price objective for the stock from $80.00 to $71.00 in a report on Thursday, November 13th. Telsey Advisory Group restated an “outperform” rating and set a $80.00 price target on shares of Floor & Decor in a research note on Friday, February 13th. Evercore reduced their price objective on Floor & Decor from $75.00 to $65.00 and set an “in-line” rating for the company in a research report on Tuesday, November 11th. Stifel Nicolaus lowered their price objective on Floor & Decor from $92.00 to $90.00 and set a “buy” rating on the stock in a research report on Tuesday, December 16th. Finally, Piper Sandler upgraded Floor & Decor from a “neutral” rating to an “overweight” rating and upped their target price for the company from $75.00 to $80.00 in a research note on Wednesday, November 12th. Seven equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $81.89.
Check Out Our Latest Stock Report on FND
Floor & Decor Trading Down 5.4%
Floor & Decor (NYSE:FND – Get Free Report) last posted its earnings results on Thursday, February 19th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. The business had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.13 billion. Floor & Decor had a return on equity of 9.34% and a net margin of 4.65%.Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. On average, equities analysts forecast that Floor & Decor will post 2 earnings per share for the current year.
Institutional Trading of Floor & Decor
A number of hedge funds have recently made changes to their positions in the business. Alberta Investment Management Corp bought a new stake in shares of Floor & Decor during the 4th quarter worth about $1,267,000. Mackenzie Financial Corp bought a new stake in shares of Floor & Decor during the fourth quarter worth approximately $19,382,000. XTX Topco Ltd acquired a new position in shares of Floor & Decor in the fourth quarter valued at approximately $2,259,000. VARCOV Co. bought a new position in shares of Floor & Decor during the fourth quarter worth approximately $683,000. Finally, Twinbeech Capital LP bought a new position in shares of Floor & Decor during the fourth quarter worth approximately $218,000.
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.
Recommended Stories
- Five stocks we like better than Floor & Decor
- Your Bank Account Is No Longer Safe
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
- This $15 Stock Could Go Down as the #1 Stock of 2026
- Elon Musk: This Could Turn $100 into $100,000
Receive News & Ratings for Floor & Decor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Floor & Decor and related companies with MarketBeat.com's FREE daily email newsletter.
