Zelman & Associates Has Lowered Expectations for Floor & Decor (NYSE:FND) Stock Price

Floor & Decor (NYSE:FND) had its price objective reduced by stock analysts at Zelman & Associates from $80.00 to $65.00 in a research report issued on Friday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Zelman & Associates’ target price indicates a potential upside of 20.34% from the stock’s current price.

FND has been the topic of several other research reports. Piper Sandler decreased their price objective on Floor & Decor from $80.00 to $78.00 and set an “overweight” rating on the stock in a report on Tuesday. Bank of America downgraded Floor & Decor from a “buy” rating to an “underperform” rating and set a $45.00 price objective on the stock. in a report on Friday. Morgan Stanley decreased their price objective on Floor & Decor from $90.00 to $88.00 and set an “equal weight” rating on the stock in a report on Thursday, January 15th. Mizuho decreased their price objective on Floor & Decor from $76.00 to $72.00 and set a “neutral” rating on the stock in a report on Friday, February 20th. Finally, UBS Group decreased their price objective on Floor & Decor from $74.00 to $70.00 and set a “neutral” rating on the stock in a report on Friday, February 20th. Six research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $74.89.

Floor & Decor Price Performance

NYSE:FND opened at $54.01 on Friday. The stock has a fifty day moving average of $58.78 and a 200 day moving average of $63.72. Floor & Decor has a 52-week low of $46.47 and a 52-week high of $92.40. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.34 and a current ratio of 1.33. The firm has a market capitalization of $5.83 billion, a price-to-earnings ratio of 28.13, a P/E/G ratio of 1.80 and a beta of 1.82.

Floor & Decor (NYSE:FND) last released its quarterly earnings results on Thursday, February 19th. The company reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. The business had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.13 billion. Floor & Decor had a return on equity of 8.99% and a net margin of 4.45%.The company’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter last year, the business posted $0.44 earnings per share. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. On average, research analysts expect that Floor & Decor will post 2 EPS for the current fiscal year.

Institutional Trading of Floor & Decor

Several large investors have recently bought and sold shares of the company. Cibc World Market Inc. boosted its position in Floor & Decor by 1.6% during the 4th quarter. Cibc World Market Inc. now owns 9,253 shares of the company’s stock valued at $563,000 after acquiring an additional 146 shares in the last quarter. AlphaQuest LLC boosted its position in shares of Floor & Decor by 27.2% in the 3rd quarter. AlphaQuest LLC now owns 805 shares of the company’s stock worth $59,000 after purchasing an additional 172 shares in the last quarter. Fifth Third Bancorp boosted its position in shares of Floor & Decor by 19.0% in the 3rd quarter. Fifth Third Bancorp now owns 1,141 shares of the company’s stock worth $84,000 after purchasing an additional 182 shares in the last quarter. Bank of Jackson Hole Trust boosted its position in shares of Floor & Decor by 37.7% in the 3rd quarter. Bank of Jackson Hole Trust now owns 679 shares of the company’s stock worth $50,000 after purchasing an additional 186 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Floor & Decor by 50.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 552 shares of the company’s stock worth $34,000 after purchasing an additional 186 shares in the last quarter.

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.