Telsey Advisory Group Reaffirms “Outperform” Rating for Floor & Decor (NYSE:FND)

Floor & Decor (NYSE:FND)‘s stock had its “outperform” rating reiterated by stock analysts at Telsey Advisory Group in a research note issued on Friday,Benzinga reports. They currently have a $80.00 price objective on the stock. Telsey Advisory Group’s price objective points to a potential upside of 14.44% from the company’s current price.

A number of other equities research analysts have also commented on FND. UBS Group dropped their price target on Floor & Decor from $80.00 to $74.00 and set a “neutral” rating on the stock in a research report on Friday, October 31st. Morgan Stanley lowered their target price on Floor & Decor from $90.00 to $88.00 and set an “equal weight” rating for the company in a research note on Thursday, January 15th. Zacks Research raised shares of Floor & Decor from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 25th. Stifel Nicolaus dropped their price objective on shares of Floor & Decor from $92.00 to $90.00 and set a “buy” rating on the stock in a report on Tuesday, December 16th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Floor & Decor in a research report on Wednesday, January 28th. Seven investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $81.83.

Floor & Decor Trading Up 5.7%

NYSE FND traded up $3.79 during trading on Friday, reaching $69.91. 850,765 shares of the stock traded hands, compared to its average volume of 2,593,941. Floor & Decor has a fifty-two week low of $55.11 and a fifty-two week high of $103.87. The company has a quick ratio of 0.34, a current ratio of 1.27 and a debt-to-equity ratio of 0.08. The firm has a market cap of $7.53 billion, a price-to-earnings ratio of 35.30, a price-to-earnings-growth ratio of 2.73 and a beta of 1.74. The stock’s 50-day moving average price is $67.75 and its 200 day moving average price is $71.35.

Floor & Decor (NYSE:FND) last announced its quarterly earnings results on Thursday, February 19th. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. Floor & Decor had a net margin of 4.65% and a return on equity of 9.34%. The company had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.13 billion. During the same period last year, the firm posted $0.44 earnings per share. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. Analysts predict that Floor & Decor will post 2 EPS for the current year.

Institutional Trading of Floor & Decor

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Advisory Services Network LLC bought a new stake in shares of Floor & Decor during the 3rd quarter worth approximately $26,000. Northwestern Mutual Wealth Management Co. increased its holdings in Floor & Decor by 207.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock worth $27,000 after buying an additional 247 shares during the last quarter. Clearstead Advisors LLC raised its position in Floor & Decor by 215.7% during the fourth quarter. Clearstead Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after acquiring an additional 384 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in Floor & Decor in the fourth quarter valued at $34,000. Finally, eCIO Inc. bought a new position in shares of Floor & Decor in the 4th quarter valued at about $41,000.

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.