Floor & Decor Holdings, Inc. (NYSE:FND) Given Average Rating of “Hold” by Analysts

Floor & Decor Holdings, Inc. (NYSE:FND) has been assigned an average rating of “Hold” from the nineteen ratings firms that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, twelve have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $77.2353.

FND has been the subject of a number of analyst reports. 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 report on Thursday, January 15th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Floor & Decor in a report on Wednesday, January 28th. Piper Sandler decreased their price objective on Floor & Decor from $80.00 to $78.00 and set an “overweight” rating for the company in a report on Tuesday. JPMorgan Chase & Co. decreased their price objective on Floor & Decor from $85.00 to $78.00 and set a “neutral” rating for the company in a report on Friday, February 20th. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $80.00 price objective on shares of Floor & Decor in a report on Friday, February 20th.

Institutional Trading of Floor & Decor

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Rockefeller Capital Management L.P. lifted its holdings in shares of Floor & Decor by 41.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 4,721 shares of the company’s stock valued at $287,000 after purchasing an additional 1,379 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in shares of Floor & Decor by 197.9% during the 4th quarter. Hsbc Holdings PLC now owns 49,186 shares of the company’s stock valued at $3,006,000 after purchasing an additional 32,677 shares during the last quarter. Vancity Investment Management Ltd lifted its holdings in shares of Floor & Decor by 60.1% during the 4th quarter. Vancity Investment Management Ltd now owns 7,722 shares of the company’s stock valued at $470,000 after purchasing an additional 2,899 shares during the last quarter. Alberta Investment Management Corp purchased a new stake in shares of Floor & Decor during the 4th quarter valued at $1,267,000. Finally, Mackenzie Financial Corp purchased a new stake in shares of Floor & Decor during the 4th quarter valued at $19,382,000.

Floor & Decor Stock Up 6.1%

Floor & Decor stock opened at $53.24 on Wednesday. The business has a fifty day moving average of $59.70 and a two-hundred day moving average of $64.09. The company has a quick ratio of 0.34, a current ratio of 1.33 and a debt-to-equity ratio of 0.08. The firm has a market cap of $5.74 billion, a P/E ratio of 27.73, a P/E/G ratio of 1.71 and a beta of 1.82. Floor & Decor has a twelve month low of $46.47 and a twelve month high of $92.40.

Floor & Decor (NYSE:FND) last posted its 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. The company had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.13 billion. Floor & Decor had a return on equity of 8.99% and a net margin of 4.45%.Floor & Decor’s revenue was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.44 earnings per share. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. On average, analysts forecast that Floor & Decor will post 2 earnings per share for the current fiscal year.

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.