Shares of Floor & Decor Holdings, Inc. (NYSE:FND – Get Free Report) have earned a consensus recommendation of “Hold” from the twenty analysts that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $78.2353.
FND has been the subject of a number of recent research reports. TD Cowen reduced their price objective on Floor & Decor from $80.00 to $75.00 and set a “hold” rating for the company in a research note on Friday. Evercore dropped their target price on Floor & Decor from $75.00 to $65.00 and set an “in-line” rating on the stock in a report on Tuesday, November 11th. Piper Sandler reiterated an “overweight” rating and set a $80.00 price target on shares of Floor & Decor in a research report on Friday. Mizuho decreased their price target on Floor & Decor from $76.00 to $72.00 and set a “neutral” rating for the company in a report on Friday. Finally, Zacks Research raised shares of Floor & Decor from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 25th.
Check Out Our Latest Analysis on FND
Floor & Decor Stock Performance
Floor & Decor (NYSE:FND – Get Free Report) last released its quarterly earnings data 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 firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.13 billion. Floor & Decor had a net margin of 4.45% and a return on equity of 8.99%. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. 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. As a group, analysts predict that Floor & Decor will post 2 earnings per share for the current year.
Institutional Trading of Floor & Decor
Several hedge funds and other institutional investors have recently added to or reduced their stakes in FND. Cibc World Market Inc. raised its position in shares of Floor & Decor by 1.6% in the fourth quarter. Cibc World Market Inc. now owns 9,253 shares of the company’s stock worth $563,000 after acquiring an additional 146 shares during the period. MainStreet Investment Advisors LLC increased its stake in shares of Floor & Decor by 4.7% in the 2nd quarter. MainStreet Investment Advisors LLC now owns 3,567 shares of the company’s stock valued at $271,000 after purchasing an additional 160 shares in the last quarter. AlphaQuest LLC raised its holdings in 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 during the period. Fifth Third Bancorp raised its holdings in 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 during the period. Finally, Bank of Jackson Hole Trust boosted its position in Floor & Decor by 37.7% during the third 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.
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.
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