JPMorgan Chase & Co. Has Lowered Expectations for Floor & Decor (NYSE:FND) Stock Price

Key Points

• JPMorgan lowered Floor & Decor’s price target to $57 from $59 while maintaining a “neutral” rating, implying approximately 19% upside from the reported $47.86 share price.
• Analyst sentiment remains cautious: the stock has a consensus “Hold” rating and a $55.70 target, with Wells Fargo and Telsey also reducing their targets while Truist maintained a “Buy” rating.
• Floor & Decor exceeded quarterly EPS expectations at $0.61 versus $0.57, but revenue slightly missed estimates at $1.21 billion and comparable-store sales declined 1.4%, contributing to investor concerns.

Floor & Decor (NYSE:FND - Get Free Report) had its target price decreased by research analysts at JPMorgan Chase & Co. from $59.00 to $57.00 in a research note issued on Friday, Benzinga reports. The firm currently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price objective suggests a potential upside of 19.10% from the stock's current price.

Other equities analysts have also recently issued reports about the company. Robert W. Baird set a $67.00 target price on Floor & Decor in a report on Friday, July 31st. Wells Fargo & Company decreased their target price on Floor & Decor from $55.00 to $45.00 and set an "equal weight" rating for the company in a research report on Monday, October 19th. Telsey Advisory Group cut Floor & Decor from an "outperform" rating to a "market perform" rating and lowered their target price for the stock from $68.00 to $50.00 in a research note on Friday. Truist Financial cut their price target on shares of Floor & Decor from $70.00 to $65.00 and set a "buy" rating on the stock in a report on Friday. Finally, Morgan Stanley increased their price target on shares of Floor & Decor from $56.00 to $64.00 and gave the company an "equal weight" rating in a research report on Friday, July 31st. Four analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and four have given a Sell rating to the company's stock. Based on data from MarketBeat.com, Floor & Decor presently has a consensus rating of "Hold" and a consensus target price of $55.70.

Floor & Decor Price Performance

NYSE:FND traded down $2.48 during trading hours on Friday, hitting $47.86. The company's stock had a trading volume of 5,621,079 shares, compared to its average volume of 2,747,815. The stock has a fifty day simple moving average of $47.94 and a 200-day simple moving average of $55.03. The company has a market capitalization of $5.10 billion, a P/E ratio of 22.26, a PEG ratio of 3.90 and a beta of 1.60. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.33 and a quick ratio of 0.45. Floor & Decor has a twelve month low of $42.64 and a twelve month high of $77.46.

Floor & Decor (NYSE:FND - Get Free Report) last issued its earnings results on Thursday, October 29th. The company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.57 by $0.04. The firm had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.22 billion. Floor & Decor had a return on equity of 8.20% and a net margin of 4.93%. The business's quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.53 earnings per share. On average, analysts anticipate that Floor & Decor will post 1.96 EPS for the current fiscal year.

Insiders Place Their Bets

In other Floor & Decor news, insider Thomas V. Taylor sold 218,189 shares of the firm's stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $62.30, for a total value of $13,593,174.70. Following the completion of the sale, the insider directly owned 229,820 shares in the company, valued at $14,317,786. This trade represents a 48.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 1.80% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in FND. Principal Financial Group Inc. boosted its stake in shares of Floor & Decor by 6.5% in the first quarter. Principal Financial Group Inc. now owns 6,837,639 shares of the company's stock worth $347,354,000 after acquiring an additional 416,572 shares during the last quarter. Turtle Creek Asset Management Inc. lifted its holdings in shares of Floor & Decor by 41.7% during the first quarter. Turtle Creek Asset Management Inc. now owns 2,757,643 shares of the company's stock worth $140,088,000 after purchasing an additional 811,910 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Floor & Decor by 33.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,606,871 shares of the company's stock valued at $132,424,000 after buying an additional 659,355 shares in the last quarter. Worldly Partners Management LLC lifted its stake in shares of Floor & Decor by 3.2% during the 2nd quarter. Worldly Partners Management LLC now owns 1,371,180 shares of the company's stock worth $81,393,000 after purchasing an additional 42,000 shares during the period. Finally, Madison Asset Management LLC acquired a new position in shares of Floor & Decor in the 2nd quarter valued at about $78,941,000.

Trending Headlines about Floor & Decor

Here are the key news stories impacting Floor & Decor this week:

• Positive Sentiment: Floor & Decor reported third-quarter adjusted earnings of $0.61 per share, exceeding the $0.57 consensus estimate and rising from $0.53 a year earlier. Management highlighted 15% EPS growth and resilience in the business, including continued strength in pro sales. Third-Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Truist lowered its price target to $65 from $70 but maintained a “buy” rating, implying substantial upside from recent trading levels. Truist Price Target Update
• Neutral Sentiment: The company announced a board succession and refreshment plan: Thomas Taylor will become board chair on January 1, 2027, while Lauren Taylor Wolfe will join as an independent director. Board Leadership Transition
• Negative Sentiment: Revenue of approximately $1.21 billion was slightly below the $1.22 billion consensus estimate, while comparable-store sales declined 1.4%. The sales softness likely outweighed the EPS beat for investors. Floor & Decor Earnings Results
• Negative Sentiment: Analyst sentiment deteriorated after the report. UBS reduced its target to $54 from $60 while keeping a neutral rating, and Telsey Advisory Group downgraded the stock to “market perform” and cut its target to $50 from $68. Zacks Research also moved its rating from “hold” to “strong sell.” UBS Price Target Update
• Negative Sentiment: Options activity reflected heightened bearish positioning, with traders purchasing roughly 16,864 put contracts—about 1,341% above typical volume. Why Floor & Decor Moved

Floor & Decor Company Profile

Floor & Decor Holdings, Inc is a specialty retailer focused on hard-surface flooring and related products. The company offers a broad selection of tile, natural stone, wood, laminate and vinyl flooring, along with installation materials, tools, accessories and home-decor items.

Floor & Decor serves homeowners, professional installers, designers, remodelers and commercial customers through warehouse-format stores, smaller design studios and its e-commerce platform. Its stores are designed to provide a wide product assortment for renovation and construction projects, while also offering services such as design support and product fulfillment.

Founded in 2000 and headquartered in Atlanta, Georgia, Floor & Decor operates primarily in the United States.

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