Floor & Decor (NYSE:FND) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Floor & Decor Holdings, Inc. (NYSE:FND) shares passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $56.66 and traded as low as $50.01. Floor & Decor shares last traded at $50.18, with a volume of 2,150,426 shares changing hands.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. UBS Group raised their price target on Floor & Decor from $55.00 to $60.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Mizuho cut their price target on shares of Floor & Decor from $72.00 to $58.00 and set a “neutral” rating for the company in a research report on Friday, May 8th. Weiss Ratings upgraded shares of Floor & Decor from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, August 26th. Evercore set a $60.00 price target on Floor & Decor in a report on Tuesday, July 7th. Finally, Zacks Research upgraded Floor & Decor from a “strong sell” rating to a “hold” rating in a report on Friday, July 3rd. Five investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $59.42.

Floor & Decor Stock Performance

The company has a 50 day moving average of $56.58 and a two-hundred day moving average of $54.90. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.33 and a quick ratio of 0.45. The company has a market capitalization of $5.09 billion, a PE ratio of 22.25, a PEG ratio of 4.07 and a beta of 1.57.

Floor & Decor (NYSE:FND) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.56 by $0.02. The business had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.23 billion. Floor & Decor had a return on equity of 8.20% and a net margin of 4.93%.The company’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.58 earnings per share. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. As a group, equities research analysts predict that Floor & Decor Holdings, Inc. will post 1.99 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Thomas V. Taylor sold 218,189 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $62.30, for a total transaction of $13,593,174.70. Following the sale, the insider owned 229,820 shares of the company’s stock, valued at $14,317,786. The trade was a 48.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.80% of the stock is owned by insiders.

Institutional Trading of Floor & Decor

A number of hedge funds have recently made changes to their positions in the stock. Capital World Investors raised its stake in Floor & Decor by 8.1% during the fourth quarter. Capital World Investors now owns 7,472,044 shares of the company’s stock valued at $454,975,000 after buying an additional 557,728 shares during the last quarter. California State Teachers Retirement System increased its holdings in shares of Floor & Decor by 5,882.0% during the second quarter. California State Teachers Retirement System now owns 7,431,160 shares of the company’s stock valued at $441,114,000 after acquiring an additional 7,306,934 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Floor & Decor by 6.5% during the first quarter. Principal Financial Group Inc. now owns 6,837,639 shares of the company’s stock valued at $347,354,000 after acquiring an additional 416,572 shares in the last quarter. Morgan Stanley raised its position in shares of Floor & Decor by 10.4% in the 4th quarter. Morgan Stanley now owns 5,120,116 shares of the company’s stock worth $311,764,000 after purchasing an additional 484,243 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Floor & Decor by 1,060,525.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,881,888 shares of the company’s stock worth $236,368,000 after purchasing an additional 3,881,522 shares in the last quarter.

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.