Floor & Decor Sees Unusually Large Options Volume (NYSE:FND)

Floor & Decor Holdings, Inc. (NYSE:FND) was the recipient of some unusual options trading on Monday. Traders purchased 13,497 put options on the company. This is an increase of 331% compared to the average daily volume of 3,129 put options.

Floor & Decor Stock Performance

Shares of FND stock opened at $68.39 on Tuesday. Floor & Decor has a 12 month low of $55.11 and a 12 month high of $103.87. The company’s fifty day simple moving average is $68.03 and its 200-day simple moving average is $71.05. The firm has a market cap of $7.37 billion, a PE ratio of 35.62, a P/E/G ratio of 2.74 and a beta of 1.74. The company has a quick ratio of 0.34, a current ratio of 1.33 and a debt-to-equity ratio of 0.08.

Floor & Decor (NYSE:FND) last issued its quarterly earnings results on Thursday, February 19th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.01. Floor & Decor had a net margin of 4.45% and a return on equity of 8.99%. The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same period in the previous year, the business earned $0.44 EPS. The company’s 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. Equities research analysts expect that Floor & Decor will post 2 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Floor & Decor by 9.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 339,833 shares of the company’s stock valued at $27,346,000 after buying an additional 30,195 shares in the last quarter. Ingalls & Snyder LLC lifted its stake in Floor & Decor by 11.6% in the second quarter. Ingalls & Snyder LLC now owns 18,448 shares of the company’s stock valued at $1,401,000 after acquiring an additional 1,923 shares during the last quarter. Oppenheimer Asset Management Inc. grew its position in shares of Floor & Decor by 7.0% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 97,991 shares of the company’s stock valued at $7,443,000 after acquiring an additional 6,380 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Floor & Decor by 1.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 281,000 shares of the company’s stock worth $21,345,000 after purchasing an additional 4,441 shares during the last quarter. Finally, Bessemer Group Inc. increased its stake in shares of Floor & Decor by 32.0% during the 2nd quarter. Bessemer Group Inc. now owns 3,644 shares of the company’s stock worth $276,000 after purchasing an additional 883 shares during the last quarter.

Analyst Ratings Changes

A number of research firms have recently commented on FND. Piper Sandler reaffirmed an “overweight” rating and set a $80.00 price target on shares of Floor & Decor in a research report on Friday. Mizuho dropped their target price on shares of Floor & Decor from $76.00 to $72.00 and set a “neutral” rating on the stock in a report on Friday. UBS Group cut their price target on shares of Floor & Decor from $74.00 to $70.00 and set a “neutral” rating on the stock in a research note on Friday. Barclays increased their price objective on shares of Floor & Decor from $70.00 to $77.00 and gave the stock an “equal weight” rating in a research report on Friday. Finally, Zacks Research upgraded shares of Floor & Decor from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 25th. Six equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Floor & Decor has an average rating of “Hold” and a consensus price target of $78.24.

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.