Mizuho Lowers Floor & Decor (NYSE:FND) Price Target to $58.00

Floor & Decor (NYSE:FND) had its price objective cut by Mizuho from $72.00 to $58.00 in a research note issued on Friday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Mizuho’s price target suggests a potential upside of 12.60% from the stock’s current price.

Several other equities research analysts have also recently weighed in on FND. Morgan Stanley reissued a “positive” rating and issued a $56.00 price objective on shares of Floor & Decor in a research report on Friday, May 1st. JPMorgan Chase & Co. reduced their price objective on Floor & Decor from $78.00 to $48.00 and set a “neutral” rating for the company in a research report on Friday, April 24th. Stifel Nicolaus set a $75.00 price objective on Floor & Decor in a research report on Friday, May 1st. Wells Fargo & Company reduced their price objective on Floor & Decor from $70.00 to $50.00 and set an “equal weight” rating for the company in a research report on Friday, May 1st. Finally, Barclays reduced their price objective on Floor & Decor from $77.00 to $63.00 and set an “equal weight” rating for the company in a research report on Friday, April 24th. Five analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $59.17.

Floor & Decor Trading Up 1.0%

FND opened at $51.51 on Friday. Floor & Decor has a 1-year low of $46.47 and a 1-year high of $92.40. The stock has a market capitalization of $5.56 billion, a price-to-earnings ratio of 27.99, a P/E/G ratio of 4.39 and a beta of 1.63. The business has a 50 day moving average of $54.32 and a 200-day moving average of $61.95.

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

Insider Activity at Floor & Decor

In other news, CEO Bradley Paulsen bought 5,000 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was acquired at an average cost of $50.25 per share, for a total transaction of $251,250.00. Following the completion of the purchase, the chief executive officer owned 85,010 shares of the company’s stock, valued at $4,271,752.50. This trade represents a 6.25% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Bryan Langley bought 2,500 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was purchased at an average price of $48.69 per share, with a total value of $121,725.00. Following the completion of the purchase, the chief financial officer directly owned 42,016 shares of the company’s stock, valued at $2,045,759.04. This represents a 6.33% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Floor & Decor

Large investors have recently bought and sold shares of the stock. Advisory Services Network LLC bought a new stake in Floor & Decor in the third quarter valued at $26,000. Northwestern Mutual Wealth Management Co. grew its position in 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 acquiring an additional 247 shares during the period. Summit Securities Group LLC bought a new stake in Floor & Decor in the first quarter valued at $31,000. Clearstead Advisors LLC grew its position 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 acquiring an additional 384 shares during the period. Finally, Los Angeles Capital Management LLC bought a new stake in Floor & Decor in the fourth quarter valued at $34,000.

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.