Floor & Decor Holdings, Inc. (NYSE:FND) Receives $59.17 Average Price Target from Analysts

Shares of Floor & Decor Holdings, Inc. (NYSE:FND) have earned a consensus recommendation of “Hold” from the nineteen research firms that are covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $59.1667.

Several research analysts have recently weighed in on FND shares. Morgan Stanley reiterated a “positive” rating and set a $56.00 price objective on shares of Floor & Decor in a report on Friday, May 1st. Zacks Research lowered shares of Floor & Decor from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 6th. UBS Group cut their price target on shares of Floor & Decor from $70.00 to $55.00 and set a “neutral” rating on the stock in a research note on Friday, May 1st. Piper Sandler reaffirmed an “overweight” rating on shares of Floor & Decor in a research note on Tuesday, May 26th. Finally, Zelman & Associates decreased their price target on shares of Floor & Decor from $80.00 to $65.00 and set a “neutral” rating on the stock in a report on Friday, April 17th.

Floor & Decor Trading Up 0.1%

Floor & Decor stock opened at $59.08 on Monday. The stock has a fifty day moving average price of $50.92 and a 200 day moving average price of $58.35. Floor & Decor has a 52 week low of $42.64 and a 52 week high of $92.40. The firm has a market capitalization of $6.37 billion, a P/E ratio of 32.11, a PEG ratio of 5.08 and a beta of 1.58.

Floor & Decor (NYSE:FND) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). The business had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.19 billion. Floor & Decor had a return on equity of 8.38% and a net margin of 4.27%.The firm’s quarterly revenue was down .7% on a year-over-year basis. During the same period in the previous year, the business posted $0.46 earnings per share. Floor & Decor has set its FY 2026 guidance at 1.830-2.080 EPS. As a group, equities analysts predict that Floor & Decor will post 1.92 EPS for the current year.

Insider Buying and Selling

In other news, CFO Bryan Langley purchased 2,500 shares of the stock in a transaction on Monday, May 4th. The stock was purchased at an average price of $48.69 per share, with a total value of $121,725.00. Following the completion of the transaction, the chief financial officer owned 42,016 shares in the company, valued at approximately $2,045,759.04. The trade was a 6.33% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Bradley Paulsen purchased 5,000 shares of the company’s stock in a transaction on Monday, May 4th. The shares were purchased at an average price of $50.25 per share, with a total value of $251,250.00. Following the completion of the purchase, the chief executive officer directly owned 85,010 shares of the company’s stock, valued at $4,271,752.50. The trade was a 6.25% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 1.80% of the company’s stock.

Institutional Trading of Floor & Decor

A number of institutional investors and hedge funds have recently bought and sold shares of FND. Northwestern Mutual Wealth Management Co. lifted its position in Floor & Decor by 1,060,525.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,881,888 shares of the company’s stock valued at $236,368,000 after buying an additional 3,881,522 shares in the last quarter. Capital World Investors increased its position in shares of Floor & Decor by 37.2% in the third quarter. Capital World Investors now owns 6,914,316 shares of the company’s stock worth $509,589,000 after acquiring an additional 1,872,892 shares in the last quarter. Champlain Investment Partners LLC acquired a new stake in shares of Floor & Decor in the fourth quarter worth $108,060,000. Durable Capital Partners LP purchased a new position in shares of Floor & Decor in the 2nd quarter valued at $106,221,000. Finally, FIL Ltd raised its stake in shares of Floor & Decor by 193.9% in the 4th quarter. FIL Ltd now owns 1,836,696 shares of the company’s stock valued at $111,836,000 after acquiring an additional 1,211,731 shares during the period.

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.